Austria: Tyre Market 2024

Tyre Market Size in Austria

The Austrian tyre market stood at $X in 2022, increasing by X% against the previous year. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Tyre Production in Austria

In value terms, tyre production expanded modestly to $X in 2022 estimated in export price. In general, the total production indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Tyre Exports

Exports from Austria

In 2022, the amount of tyres exported from Austria surged to X units, jumping by X% on the year before. In general, exports, however, continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, tyre exports rose markedly to $X in 2022. Over the period under review, exports, however, recorded a noticeable setback. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X units), the Netherlands (X units) and Slovakia (X units) were the main destinations of tyre exports from Austria, with a combined X% share of total exports. Italy, the Czech Republic, Slovenia, Poland and Hungary lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for tyre exported from Austria were Germany ($X), the Netherlands ($X) and Italy ($X), with a combined X% share of total exports. Slovakia, Poland, the Czech Republic, Slovenia and Hungary lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Poland, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average tyre export price stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Slovakia ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Tyre Imports

Imports into Austria

In 2022, tyre imports into Austria rose remarkably to X units, with an increase of X% compared with 2021. Overall, imports saw a relatively flat trend pattern. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, tyre imports reached $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of tyre to Austria, with a X% share of total imports. Moreover, tyre imports from Germany exceeded the figures recorded by the second-largest supplier, Slovakia (X units), threefold. The Czech Republic (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (X% per year) and the Czech Republic (X% per year).

In value terms, Germany ($X) constituted the largest supplier of tyres to Austria, comprising X% of total imports. The second position in the ranking was taken by Slovakia ($X), with a X% share of total imports. It was followed by the Czech Republic, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

In 2022, the average tyre import price amounted to $X per unit, which is down by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The import price peaked at $X per unit in 2021, and then contracted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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