Benelux: Tyre Market 2025

Tyre Market Size in Benelux

The Benelux tyre market soared to $X in 2022, picking up by X% against the previous year. The total consumption indicated a prominent 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, consumption increased by X% against 2018 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Tyre Production in Benelux

In value terms, tyre production rose modestly to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Tyre Exports

Exports in Benelux

In 2022, overseas shipments of tyres increased by X% to X units, rising for the third year in a row after two years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of export peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, tyre exports totaled $X in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The Netherlands was the main exporting country with an export of around X units, which accounted for X% of total exports. Belgium (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Luxembourg (X%).

Exports from the Netherlands increased at an average annual rate of X% from 2012 to 2022. At the same time, Luxembourg (X%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing exporter exported in Benelux, with a CAGR of X% from 2012-2022. Belgium experienced a relatively flat trend pattern. The Netherlands (X p.p.) and Luxembourg (X p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X), Belgium ($X) and Luxembourg ($X) constituted the countries with the highest levels of exports in 2022.

Among the main exporting countries, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2022, reducing by X% against the previous year. In general, the export price continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Luxembourg ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced a decline in the export price figures.

Tyre Imports

Imports in Benelux

In 2022, overseas purchases of tyres increased by X% to X units, rising for the second year in a row after two years of decline. Total imports indicated resilient growth from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, tyre imports rose rapidly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The Netherlands was the key importing country with an import of around X units, which resulted at X% of total imports. It was distantly followed by Belgium (X units), mixing up a X% share of total imports. Luxembourg (X units) followed a long way behind the leaders.

Imports into the Netherlands increased at an average annual rate of X% from 2012 to 2022. At the same time, Luxembourg (X%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Benelux, with a CAGR of X% from 2012-2022. Belgium experienced a relatively flat trend pattern. The Netherlands (X p.p.) and Luxembourg (X p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest tyre importing markets in Benelux were the Netherlands ($X), Belgium ($X) and Luxembourg ($X).

Among the main importing countries, Luxembourg, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Benelux stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the import price continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform