World - Tyres For Motor Cars - Market Analysis, Forecast, Size, Trends and Insights
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Passenger car tire market: discover recently published statistics enhanced by an Ai-driven BI platform. Data cover market prices, imports, market size, trade, production, exports, companies, and consumption. There is a breakdown by region, including the U.K., the U.S., Russia, Latin America, the Middle East, Africa, China, and EU. Market dynamics and forecast to 2030 are also featured in the reports.
Passenger Car Tire - World's Largest Markets
Rating | Country |
---|---|
1 | United States |
2 | China |
3 | India |
4 | Indonesia |
5 | Japan |
In value terms, the largest passenger car tyre markets worldwide were the United States, China and India, with a combined 40% share of the global market. These countries were followed by Indonesia, Japan, Germany, France, Canada, South Korea, the UK, Russia, Brazil and Thailand, which together accounted for a further 30%.
In terms of the main consuming countries, France saw the highest rates of growth with regard to market size, over the period under review, while passenger car tyre market for the other global leaders experienced more modest paces of growth.
Passenger Car Tyre Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per unit | ||||
China | 25 | 24 | 26 | 1.7% |
Thailand | 45 | 41 | 43 | -2.2% |
Japan | 49 | 56 | 44 | -5.2% |
Poland | 41 | 44 | 45 | 5.1% |
Romania | 42 | 44 | 46 | 4.6% |
Spain | 41 | 44 | 47 | 6.7% |
South Korea | 48 | 46 | 47 | -1.1% |
Indonesia | 49 | 56 | 52 | 3.2% |
Mexico | 48 | 50 | 52 | 5.1% |
Hungary | 54 | 52 | 54 | -0.2% |
Czech Republic | 59 | 58 | 62 | 2.8% |
Germany | 60 | 62 | 66 | 5.3% |
Netherlands | 58 | 68 | 70 | 10.0% |
Average | 43 | 44 | 45 | 2.1% |
There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the Netherlands ($70 per unit), while China ($26 per unit) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per unit | ||||
Netherlands | 51 | 53 | 58 | 6.3% |
Mexico | 44 | 42 | 54 | 11.0% |
Canada | 55 | 55 | 54 | -1.2% |
Germany | 49 | 50 | 53 | 4.2% |
Australia | 45 | 46 | 50 | 4.6% |
United States | 54 | 49 | 50 | -4.4% |
Italy | 43 | 44 | 49 | 7.3% |
Poland | 43 | 44 | 49 | 6.1% |
France | 48 | 43 | 47 | -1.2% |
United Kingdom | 41 | 40 | 46 | 5.7% |
Japan | 48 | 50 | 46 | -2.5% |
Spain | 39 | 40 | 44 | 6.3% |
Russia | 45 | 35 | 40 | -5.2% |
Average | 46 | 45 | 48 | 2.0% |
Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in the Netherlands ($58 per unit) and Mexico ($54 per unit), while Russia ($40 per unit) and Spain ($44 per unit) were amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced more modest paces of growth.
Passenger Car Tyre - Top Importers
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
billion USD | ||||
United States | 8.4 | 6.9 | 7.7 | -4.1% |
Germany | 4.2 | 3.8 | 4.3 | 1.0% |
France | 2.2 | 1.8 | 2.5 | 7.4% |
Netherlands | 1.6 | 1.7 | 2.2 | 14.4% |
United Kingdom | 1.9 | 1.6 | 2 | 0.5% |
In value terms, the United States ($7.7B), Germany ($4.3B) and France ($2.5B) constituted the countries with the highest levels of imports in 2021, with a combined 34% share of global imports. These countries were followed by the Netherlands, the UK, Italy, Canada, Mexico, Spain, Australia, Poland, Japan and Russia, which together accounted for a further 30%.
Mexico saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Passenger Car Tyre - Top Exporters
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
billion USD | ||||
China | 5.6 | 4.9 | 6.7 | 10.1% |
Germany | 4.1 | 3.4 | 3.9 | -2.9% |
Thailand | 3.1 | 2.8 | 2.9 | -2.5% |
South Korea | 2.4 | 1.9 | 2.2 | -4.8% |
Netherlands | 1.1 | 1.7 | 2 | 36.0% |
In value terms, the largest passenger car tyre supplying countries worldwide were China ($6.7B), Germany ($3.9B) and Thailand ($2.9B), with a combined 31% share of global exports. These countries were followed by South Korea, the Netherlands, Japan, Poland, Hungary, Romania, Mexico, the Czech Republic, Indonesia and Spain, which together accounted for a further 37%.
In terms of the main exporting countries, the Netherlands recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Passenger Car Tyre - Market Forecast
Driven by rising demand for passenger car tyre worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.
Passenger Car Tyre - Top Companies
BRIDGESTONE CORPORATION, Bridgestone Americas, Inc., The Goodyear Tire & Rubber Company, Michelin North America, Inc., SUMITOMO RUBBER INDUSTRIES, LTD., MANUF FRANC PNEUMATIQ MICHELIN, YOKOHAMA RUBBER COMPANY, LIMITED, THE, Bridgestone Americas Tire Operations, LLC, CHENG SHIN RUBBER IND. CO., LTD., TOYO TIRE & RUBBER CO.,LTD., Continental Automotive, Inc., PIRELLI TYRE SPA, HANKOOK TIRE Co., Ltd., Cooper Tire & Rubber Company Inc, MICHELIN REIFENWERKE AG & Co. KG auf Aktien, KUMHO TIRE CO., INC., BRIDGESTONE EUROPE NV SA, APOLLO TYRES LIMITED, MRF LIMITED, Continental Barum s.r.o.
Passenger Car Tire - Product Coverage
- HS 401110 - Rubber; new pneumatic tyres, of a kind used on motor cars (including station wagons and racing cars)
This report provides an in-depth analysis of the global passenger car 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)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- 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
+ 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
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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. 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
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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Explore the top 10 countries in terms of import value of passenger car tyres. Discover the statistics and key numbers from IndexBox market intelligence platform.
In 2014, a restrictive tax duty was introduced in the USA, with regard to the import of car tyres from the People's Republic of China (PRC). As a result, the share of Chinese-manufactured car tyres on the American market has fallen from X% to X%. This
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 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. The United States takes the top spot with an import value of $18.7 billion in 2022, followed by Germany and France. Emerging economies like Mexico, Canada, and Australia also contribute significantly to the import market for tyres. The IndexBox market intelligence platform delivers valuable insights into these markets, helping manufacturers and traders make informed decisions and capitalize on the opportunities available.
The global tire market is expected to reach $209 billion in 2030, growing with a CAGR of +2.4% from 2022 to 2030.
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