Netherlands: Market for Tyres For Buses Or Lorries 2024

Market Size for Tyres For Buses Or Lorries in the Netherlands

The Dutch truck and bus tyre market expanded remarkably to $X in 2022, increasing by 6.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +96.6% against 2020 indices. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the immediate term.

Exports of Tyres For Buses Or Lorries

Exports from the Netherlands

In 2022, overseas shipments of tyres for buses or lorries increased by 0.6% to X units, rising for the third consecutive year after two years of decline. The total export volume increased at an average annual rate of +1.5% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 20% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, truck and bus tyre exports shrank to $X in 2022. Overall, total exports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.3% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 34% against the previous year. As a result, the exports attained the peak of $X, and then contracted in the following year.

Exports by Country

Germany (X units), France (X units) and Belgium (X units) were the main destinations of truck and bus tyre exports from the Netherlands, with a combined 50% share of total exports. Italy, Poland, the UK, Spain, Burkina Faso, the Czech Republic, Ireland, Austria, Romania and Sweden lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Burkina Faso (with a CAGR of +32.2%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and France ($X) were the largest markets for truck and bus tyre exported from the Netherlands worldwide, together accounting for 48% of total exports. Italy, Poland, the UK, Spain, Austria, the Czech Republic, Romania, Ireland, Burkina Faso and Sweden lagged somewhat behind, together accounting for a further 34%.

Austria, with a CAGR of +25.3%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average truck and bus tyre export price stood at $X per unit in 2022, falling by -8.4% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 17%. As a result, the export price attained the peak level of $X per unit, and then shrank in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to Burkina Faso ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tyres For Buses Or Lorries

Imports into the Netherlands

In 2022, the amount of tyres for buses or lorries imported into the Netherlands amounted to X units, rising by 5.5% against the year before. Over the period under review, total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, truck and bus tyre imports shrank modestly to $X in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 42% against the previous year. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

China (X units), Belgium (X units) and Germany (X units) were the main suppliers of truck and bus tyre imports to the Netherlands, with a combined 52% share of total imports. France, Turkey, Hungary, Luxembourg, Thailand, the United Arab Emirates, Poland and the UK lagged somewhat behind, together comprising a further 36%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +44.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest truck and bus tyre suppliers to the Netherlands were Belgium ($X), France ($X) and Germany ($X), together accounting for 47% of total imports. China, Luxembourg, Turkey, Thailand, Hungary, the United Arab Emirates, Poland and the UK lagged somewhat behind, together comprising a further 40%.

In terms of the main suppliers, Thailand, with a CAGR of +44.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average truck and bus tyre import price stood at $X per unit in 2022, which is down by -5.3% against the previous year. Overall, the import price recorded a pronounced contraction. The growth pace was the most rapid in 2018 when the average import price increased by 12%. Over the period under review, average import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Luxembourg ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+10.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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