Report Update Feb 1, 2025

Canada - Tyres - Market Analysis, Forecast, Size, Trends and Insights

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Canada: Tyre Market 2025

Tyre Market Size in Canada

The Canadian tyre market totaled $X in 2022, picking up by X% against the previous year. Over the period under review, consumption saw a slight contraction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Tyre Production in Canada

In value terms, tyre production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production showed a noticeable slump. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Tyre Exports

Exports from Canada

Tyre exports from Canada fell slightly to X units in 2022, leveling off at 2021. Over the period under review, exports showed a pronounced contraction. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports reached the maximum at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, tyre exports declined modestly to $X in 2022. In general, exports saw a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for tyre exports from Canada, with a X% share of total exports. It was followed by Mexico (X units), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to X%.

In value terms, the United States ($X) remains the key foreign market for tyres exports from Canada, comprising X% of total exports. The second position in the ranking was taken by Mexico ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%.

Export Prices by Country

The average tyre export price stood at $X per unit in 2022, declining by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Mexico stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%).

Tyre Imports

Imports into Canada

In 2022, approx. X units of tyres were imported into Canada; approximately equating the year before. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, tyre imports rose markedly to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was 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

China (X units), the United States (X units) and Japan (X units) were the main suppliers of tyre imports to Canada, together comprising X% of total imports. Taiwan (Chinese), South Korea, Thailand, Mexico, Germany, Indonesia, Vietnam, Russia and the Philippines lagged somewhat behind, together comprising a further X%.

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

In value terms, the United States ($X), China ($X) and Japan ($X) appeared to be the largest tyre suppliers to Canada, together comprising X% of total imports. Germany, Mexico, Thailand, South Korea, Vietnam, Indonesia, Taiwan (Chinese), Russia and the Philippines lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Vietnam, with a CAGR of X%, 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

In 2022, the average tyre import price amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price, however, continues to indicate a mild downturn. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tyres in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 43% of global consumption. Indonesia, Japan, Russia, Brazil, Germany, the UK, Mexico, South Korea, France and Pakistan lagged somewhat behind, together accounting for a further 25%.

What are the largest producers of tyres in the world?

China constituted the country with the largest volume of tyre production, comprising approx. 38% of total volume. Moreover, tyre production in China exceeded the figures recorded by the second-largest producer, the United States, fivefold. India ranked third in terms of total production with a 6.4% share.

What are the leading suppliers of tyres to Canada?

In value terms, the United States constituted the largest supplier of tyre to Canada, comprising 38% of total imports. The second position in the ranking was occupied by China, with an 18% share of total imports. It was followed by Japan, with a 9.8% share.

What are the leading importers of tyres from Canada?

In value terms, the United States remains the key foreign market for tyre exports from Canada, comprising 97% of total exports. The second position in the ranking was occupied by Mexico, with a 2.5% share of total exports.

What is the average export price for tyres in Canada?

In 2021, the average tyre export price amounted to $94 per unit, rising by 5.1% against the previous year.

What is the average import price for tyres in Canada?

The average tyre import price stood at $74 per unit in 2021, increasing by 6.4% against the previous year.

This report provides an in-depth analysis of the tyre market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22111100 - New pneumatic rubber tyres for motor cars (including for racing cars)
Prodcom 22111355 - New pneumatic rubber tyres for buses or lorries with a load index . .121
Prodcom 22111357 - New pneumatic rubber tyres for buses or lorries with a load index > .121
Prodcom 22111370 - New pneumatic rubber tyres for aircraft
Prodcom 22111200 - New pneumatic tyres, of rubber, of a kind used on motorcycles or bicycles
Prodcom 22111400 - Agrarian tyres, other new pneumatic tyres, of rubber

Country coverage:

Canada

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Canada
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024