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World - Tyres - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

World - Tyres - Market Analysis, Forecast, Size, Trends and Insights

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Oct 8, 2023

Top Global Import Markets for Tyres

The tyre industry has witnessed significant growth over the years, driven by the increasing demand for automobiles and the expanding global automotive industry. As a result, tire manufacturers around the world are constantly looking to tap into the best import markets for tyres to ensure their products reach a wider audience.

The IndexBox Market Intelligence Platform

When it comes to analyzing international trade data and identifying the top import markets for a specific product, the IndexBox market intelligence platform is an invaluable tool. This platform provides comprehensive and up-to-date data on global trade, including import values, market trends, and key statistics. Based on the data sourced from the IndexBox platform, we have compiled a list of the top 10 countries with the highest import values for tyres in 2022.

  1. United States - $19.2 billion
  2. Germany - $7.6 billion
  3. France - $4.2 billion
  4. Mexico - $4.0 billion
  5. Canada - $3.5 billion
  6. Netherlands - $3.5 billion
  7. United Kingdom - $3.0 billion
  8. Australia - $2.9 billion
  9. Italy - $2.8 billion
  10. Spain - $2.0 billion

#1 United States

The United States takes the top spot with an import value of $19.2 billion in 2022. This can be attributed to the country's massive automobile industry, which is one of the largest in the world. The demand for tyres in the US remains high, primarily due to the large number of vehicles on the road and the need for replacement tyres.

#2 Germany

Germany follows closely, with an import value of $7.6 billion. The country is renowned for its strong automotive industry and is home to some of the world's leading automobile manufacturers. The high demand for tyres in the domestic market, as well as the presence of multiple global automotive players, contributes to Germany's significant import value for tyres.

#3 France

France ranks third, with an import value of $4.2 billion. The country has a well-established automotive industry and a large consumer base, driving the demand for tyres. Furthermore, France is known for its emphasis on road safety, leading to a continuous replacement of worn-out tyres and an increased import value.

#4 Mexico

Mexico stands at fourth place, with an import value of $4.0 billion. The country's automotive industry has experienced significant growth in recent years, attracting investments from global manufacturers. As a result, the demand for tyres has increased, bolstering the import market for this product.

#5 Canada

Canada's import value for tyres is $3.5 billion, placing it in the fifth position. The country's automotive industry, although smaller compared to its southern neighbor, still accounts for a significant market share. The demand for tyres in Canada remains steady, driving imports from various global suppliers.

#6 Netherlands

Netherlands takes the sixth spot on the list, with an import value of $3.5 billion. The country's strategic location and well-developed logistics infrastructure make it an attractive hub for international trade. The demand for tyres in the Netherlands is primarily driven by its role as a distribution center for the wider European market.

#7 United Kingdom

The United Kingdom holds the seventh position with an import value of $3.0 billion. Despite the challenges posed by Brexit, the UK remains a significant market for tyre imports. The country's automotive industry and a large car parc contribute to the consistent demand for tyres.

#8 Australia

Australia's import value for tyres stands at $2.9 billion, securing it the eighth position. The country has a thriving automotive industry and a vast land mass, which requires a substantial number of vehicles. This leads to a continuous need for tyres and contributes to the import market's growth.

#9 Italy

Italy ranks ninth on the list, with an import value of $2.8 billion. The country has a strong tradition of automobile manufacturing and is home to several renowned car brands. The presence of these manufacturers, coupled with domestic demand, contributes to Italy's import market for tyres.

#10 Spain

Spain completes the top 10 with an import value of $2.0 billion. The country's automotive industry has experienced steady growth, with various manufacturers establishing their production facilities in Spain. The demand for tyres in the domestic market and the need for exports to other European countries contribute to Spain's import market for this product.

In conclusion, the global import market for tyres is dominated by countries with well-established automotive industries and a large consumer base. The United States leads the pack, followed by Germany and France. This demand for tyres is backed by their robust domestic automotive industries and the need for replacement tyres. Furthermore, emerging economies like Mexico, Canada, and Australia also contribute significantly to the import market, driven by the growth of their automotive sectors. The IndexBox market intelligence platform delivers valuable insights into these markets, helping manufacturers and traders make informed decisions and capitalize on the opportunities available.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global tyre market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 22111100 - New pneumatic rubber tyres for motor cars (including for racing cars)
  • Prodcom 22111355 - New pneumatic rubber tyres for buses or lorries with a load index . .121
  • Prodcom 22111357 - New pneumatic rubber tyres for buses or lorries with a load index > .121
  • Prodcom 22111370 - New pneumatic rubber tyres for aircraft
  • Prodcom 22111200 - New pneumatic tyres, of rubber, of a kind used on motorcycles or bicycles
  • Prodcom 22111400 - Agrarian tyres, other new pneumatic tyres, of rubber

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Michelin, Bridgestone, Continental, Goodyear, Sumitomo, Hankook, Pirelli, Yokohama, ZC Rubber, Maxxis, Toyo, Linglong, Giti, Cooper, Apollo, Sailun, MRF, Kumho, Nokian, Nexen, Double Coin, JK, Triangle, Titan, CEAT, Kenda, Trelleborg, Guizhou Tyre, Prinx Chengshan, Aeolus

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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