Argentina: Market for Tyres For Buses Or Lorries 2025

Market Size for Tyres For Buses Or Lorries in Argentina

In 2022, the Argentinian truck and bus tyre market increased by 44% to $X, rising for the third consecutive year after two years of decline. Overall, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.5% 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 +115.6% against 2019 indices. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in the immediate term.

Exports of Tyres For Buses Or Lorries

Exports from Argentina

After two years of decline, overseas shipments of tyres for buses or lorries decreased by 0% to X units in 2022. Overall, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2016 when exports increased by 179% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, truck and bus tyre exports amounted to $X in 2022. Over the period under review, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2016 with an increase of 148%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil (X units) was the main destination for truck and bus tyre exports from Argentina, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Brazil totaled -11.4%.

From 2012 to 2022, the average annual growth rate of value to Brazil amounted to -10.0%.

Export Prices by Country

In 2022, the average truck and bus tyre export price amounted to $X per unit, remaining relatively unchanged against the previous year. Over the period under review, the export price continues to indicate a slight increase. The growth pace was the most rapid in 2013 an increase of 33%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +1.6% per year.

Imports of Tyres For Buses Or Lorries

Imports into Argentina

In 2022, overseas purchases of tyres for buses or lorries increased by 34% to X units, rising for the second consecutive year after three years of decline. Overall, total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +6.9% 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 +46.9% against 2020 indices. The growth pace was the most rapid in 2013 when imports increased by 47% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, truck and bus tyre imports surged to $X in 2022. Over the period under review, total imports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.7% 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 +86.9% against 2020 indices. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Brazil (X units) and China (X units) were the main suppliers of truck and bus tyre imports to Argentina.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +29.6%).

In value terms, the largest truck and bus tyre suppliers to Argentina were Brazil ($X) and China ($X).

Among the main suppliers, China, with a CAGR of +25.2%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2022, the average truck and bus tyre import price amounted to $X per unit, picking up by 14% against the previous year. Overall, the import price, however, continues to indicate a perceptible shrinkage. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :