Italy: Tyre Market 2025

Tyre Market Size in Italy

In 2022, the Italian tyre market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, the total consumption indicated a moderate increase 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 2020 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Tyre Production in Italy

In value terms, tyre production surged to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Tyre Exports

Exports from Italy

Tyre exports from Italy reduced notably to X units in 2022, which is down by X% compared with the previous year. In general, exports recorded a perceptible contraction. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, tyre exports shrank dramatically to $X in 2022. Over the period under review, exports recorded a slight curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then fell sharply in the following year.

Exports by Country

France (X units), Germany (X units) and the UK (X units) were the main destinations of tyre exports from Italy, together accounting for X% of total exports. Spain, the United States, the Netherlands, Belgium, Turkey, Poland, Switzerland, China, Romania and the Czech Republic lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Romania (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 Italy were Germany ($X), France ($X) and the United States ($X), together accounting for X% of total exports. The UK, Belgium, the Netherlands, Spain, Turkey, China, Poland, Switzerland, Romania and the Czech Republic lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average tyre export price stood at $X per unit in 2022, approximately equating the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

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

Tyre Imports

Imports into Italy

In 2022, approx. X units of tyres were imported into Italy; rising by X% against 2021 figures. The total import volume 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 pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, tyre imports rose rapidly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China (X units), Thailand (X units) and Germany (X units) were the main suppliers of tyre imports to Italy, together accounting for X% of total imports. The Czech Republic, France, Romania, Indonesia, Serbia, Poland, Spain, Turkey, Hungary and South Korea 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 Indonesia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and the Czech Republic ($X) constituted the largest tyre suppliers to Italy, together accounting for X% of total imports. France, Romania, Turkey, Spain, Poland, South Korea, Hungary, Thailand, Serbia and Indonesia lagged somewhat behind, together accounting for a further X%.

Serbia, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers 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, with a decrease of X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. The import price peaked at $X per unit in 2021, and then shrank in the following year.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :