Belgium: Tyre Market 2025

Tyre Market Size in Belgium

For the third consecutive year, the Belgian tyre market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption recorded a relatively flat trend pattern. Tyre consumption peaked at $X in 2013; afterwards, it flattened through to 2022.

Tyre Production in Belgium

In value terms, tyre production expanded remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a pronounced setback. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Tyre production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Tyre Exports

Exports from Belgium

Tyre exports from Belgium stood at X units in 2022, surging by X% against the previous year. In general, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, tyre exports reached $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

France (X units), Germany (X units) and the Netherlands (X units) were the main destinations of tyre exports from Belgium, together comprising X% of total exports. Sweden, Italy, Spain, Luxembourg, Poland, the UK and the Czech Republic lagged somewhat behind, together comprising 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 Belgium were France ($X), the Netherlands ($X) and Germany ($X), with a combined X% share of total exports. Sweden, Luxembourg, Italy, Spain, Poland, the UK and the Czech Republic lagged somewhat behind, together comprising a further X%.

Among 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 more modest paces of growth.

Export Prices by Country

In 2022, the average tyre export price amounted to $X per unit, shrinking by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Italy ($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 Luxembourg (X%), while the prices for the other major destinations experienced more modest paces of growth.

Tyre Imports

Imports into Belgium

In 2022, overseas purchases of tyres increased by X% to X units, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at X units in 2012; afterwards, it flattened through to 2022.

In value terms, tyre imports rose rapidly to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), the Netherlands (X units) and France (X units) were the main suppliers of tyre imports to Belgium, with a combined X% share of total imports. Germany, Turkey, Spain, Italy, Japan, the Czech Republic, Thailand, Slovakia, Romania and Poland lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest tyre suppliers to Belgium were France ($X), Germany ($X) and Japan ($X), with a combined X% share of total imports. China, Spain, the Netherlands, the Czech Republic, Italy, Turkey, Slovakia, Poland, Romania and Thailand lagged somewhat behind, together accounting for a further X%.

Slovakia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average tyre import price stood at $X per unit in 2022, dropping by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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