Report Update Nov 1, 2024

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

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Norway: Passenger Car Tyre Market 2024

Passenger Car Tyre Market Size in Norway

In 2021, the Norwegian passenger car tyre market increased by 26% to $X, rising for the third consecutive year after two years of decline. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Passenger Car Tyre Exports

Exports from Norway

In 2021, passenger car tyre exports from Norway totaled X units, picking up by 2.2% compared with the previous year's figure. Overall, exports continue to indicate prominent growth. The growth pace was the most rapid in 2013 with an increase of 129%. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, passenger car tyre exports surged to $X in 2021. Over the period under review, exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2013 with an increase of 122%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Sweden (X units) was the main destination for passenger car tyre exports from Norway, with a 38% share of total exports. Moreover, passenger car tyre exports to Sweden exceeded the volume sent to the second major destination, Denmark (X units), threefold. The Netherlands (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden amounted to +7.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+20.3% per year) and the Netherlands (+15.8% per year).

In value terms, Sweden ($X) remains the key foreign market for tyres for motor cars exports from Norway, comprising 31% of total exports. The second position in the ranking was held by the United States ($X), with a 15% share of total exports. It was followed by Iceland, with a 14% share.

From 2012 to 2021, the average annual growth rate of value to Sweden stood at +2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+124.4% per year) and Iceland (-4.7% per year).

Export Prices by Country

In 2021, the average passenger car tyre export price amounted to $X per unit, jumping by 35% against the previous year. Overall, the export price, however, continues to indicate a noticeable shrinkage. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to Libya ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.

Passenger Car Tyre Imports

Imports into Norway

In 2021, purchases abroad of tyres for motor cars increased by 19% to X units, rising for the third year in a row after two years of decline. Over the period under review, imports, however, saw a mild decrease. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, passenger car tyre imports soared to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Russia (X units), China (X units) and Germany (X units) were the main suppliers of passenger car tyre imports to Norway, together comprising 62% of total imports. Finland, South Korea, Japan, France, Poland, Slovakia, the Czech Republic, Turkey, the Netherlands and Sweden lagged somewhat behind, together comprising a further 29%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +23.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constituted the largest supplier of tyres for motor cars to Norway, comprising 35% of total imports. The second position in the ranking was taken by China ($X), with a 14% share of total imports. It was followed by Germany, with a 9.3% share.

From 2012 to 2021, the average annual growth rate of value from Russia amounted to +12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+9.1% per year) and Germany (-10.2% per year).

Import Prices by Country

In 2021, the average passenger car tyre import price amounted to $X per unit, with an increase of 7.2% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 29%. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.5%), 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 for motor cars in the world?

China remains the largest passenger car tyre consuming country worldwide, accounting for 24% of total volume. Moreover, passenger car tyre consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 9.5% share.

What are the largest producers of tyres for motor cars in the world?

China constituted the country with the largest volume of passenger car tyre production, comprising approx. 30% of total volume. Moreover, passenger car tyre production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 7% share.

What are the leading suppliers of tyres for motor cars to Norway?

In value terms, Russia constituted the largest supplier of passenger car tyre to Norway, comprising 33% of total imports. The second position in the ranking was occupied by Germany, with a 14% share of total imports. It was followed by China, with a 12% share.

What are the leading importers of tyres for motor cars from Norway?

In value terms, the largest markets for passenger car tyre exported from Norway were Sweden, the United States and Iceland, together accounting for 76% of total exports. These countries were followed by Germany, Faroe Islands, the Netherlands and Denmark, which together accounted for a further 24%.

What is the average export price for tyres for motor cars in Norway?

The average passenger car tyre export price stood at $77 per unit in 2020, rising by 37% against the previous year.

What is the average import price for tyres for motor cars in Norway?

The average passenger car tyre import price stood at $64 per unit in 2020, growing by 19% against the previous year.

This report provides an in-depth analysis of the passenger car tyre market in Norway. 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:

Norway

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Norway
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
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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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023