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Report Northern America - Tyres for Motor Cars - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Northern America - Tyres for Motor Cars - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Passenger Car Tyre Market 2024

Passenger Car Tyre Market Size in Northern America

In 2021, the North American passenger car tyre market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +1.7% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the market reached the maximum level in 2021 and is likely to see steady growth in years to come.

Passenger Car Tyre Production in Northern America

In value terms, passenger car tyre production contracted slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 21% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Passenger Car Tyre Exports

Exports in Northern America

After two years of decline, shipments abroad of tyres for motor cars increased by 2.1% to X units in 2021. In general, exports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of 11%. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, passenger car tyre exports totaled $X in 2021. Overall, exports, however, showed a deep contraction. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, the United States (X units) and Canada (X units) was the major exporter of tyres for motor cars in Northern America, mixing up 99.9% of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Canada (with a CAGR of -1.2%).

In value terms, the United States ($X) and Canada ($X) constituted the countries with the highest levels of exports in 2021.

Among the main exporting countries, Canada, with a CAGR of -2.2%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2021, with an increase of 8.7% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 9.1%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was the United States ($X per unit), while Canada totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+0.5%).

Passenger Car Tyre Imports

Imports in Northern America

Passenger car tyre imports amounted to X units in 2021, growing by 11% on the previous year's figure. The total import volume increased at an average annual rate of +1.4% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2015 with an increase of 14%. The volume of import peaked at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, passenger car tyre imports rose remarkably to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X units) was the major importer of tyres for motor cars, creating 87% of total imports. It was distantly followed by Canada (X units), achieving a 13% share of total imports.

The United States was also the fastest-growing in terms of the tyres for motor cars imports, with a CAGR of +2.4% from 2012 to 2021. Canada (-3.7%) illustrated a downward trend over the same period. While the share of the United States (+7.6 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Canada (-7.6 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported tyres for motor cars in Northern America, comprising 85% of total imports. The second position in the ranking was held by Canada ($X), with a 15% share of total imports.

In the United States, passenger car tyre imports remained relatively stable over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per unit, with an increase of 3% against the previous year. In general, the import price, however, continues to indicate a pronounced slump. The growth pace was the most rapid in 2014 an increase of 10% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was Canada ($X per unit), while the United States amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (-0.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of passenger car tyre consumption was the United States, accounting for 85% of total volume. Moreover, passenger car tyre consumption in the United States exceeded the figures recorded by the second-largest consumer, Canada, sixfold.
The United States constituted the country with the largest volume of passenger car tyre production, comprising approx. 81% of total volume. Moreover, passenger car tyre production in the United States exceeded the figures recorded by the second-largest producer, Canada, fourfold.
In value terms, the United States remains the largest passenger car tyre supplier in Northern America, comprising 69% of total exports. The second position in the ranking was occupied by Canada, with a 31% share of total exports.
In value terms, the United States constitutes the largest market for imported tyres for motor cars in Northern America, comprising 86% of total imports. The second position in the ranking was occupied by Canada, with a 14% share of total imports.
The passenger car tyre export price in Northern America stood at $69 per unit in 2020, picking up by 2.6% against the previous year.
The passenger car tyre import price in Northern America stood at $49 per unit in 2020, dropping by -9% against the previous year.

This report provides an in-depth analysis of the passenger car tyre market in Northern America. 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)

Country coverage:

  • Bermuda
  • Canada
  • Greenland
  • Saint Pierre and Miquelon
  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Northern America, split by region and country
  • Trade (exports and imports) in Northern America
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Bermuda
    • Canada
    • Greenland
    • Saint Pierre and Miquelon
    • United States

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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