Switzerland: Market for Tyres For Buses Or Lorries 2025

Market Size for Tyres For Buses Or Lorries in Switzerland

In 2022, the Swiss truck and bus tyre market increased by 18% to $X, rising for the sixth consecutive year after two years of decline. The market value increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Tyres For Buses Or Lorries

Exports from Switzerland

Truck and bus tyre exports from Switzerland stood at X units in 2022, picking up by 3.7% on the previous year's figure. In general, total exports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +13.4% against 2019 indices. The growth pace was the most rapid in 2014 with an increase of 93% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, truck and bus tyre exports surged to $X in 2022. Over the period under review, total exports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.6% against 2020 indices. The most prominent rate of growth was recorded in 2014 when exports increased by 48%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Georgia (X units), Germany (X units) and Austria (X units) were the main destinations of truck and bus tyre exports from Switzerland, with a combined 88% share of total exports. Bosnia and Herzegovina, Portugal, Senegal and Italy lagged somewhat behind, together comprising a further 7%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Portugal (with a CAGR of +14,250.0%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for tyres for buses or lorries exports from Switzerland, comprising 71% of total exports. The second position in the ranking was held by Austria ($X), with an 8.7% share of total exports. It was followed by Georgia, with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at +10.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+6.7% per year) and Georgia (0.0% per year).

Export Prices by Country

The average truck and bus tyre export price stood at $X per unit in 2022, picking up by 11% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 89% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to Senegal ($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 Bosnia and Herzegovina (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tyres For Buses Or Lorries

Imports into Switzerland

For the ninth year in a row, Switzerland recorded growth in purchases abroad of tyres for buses or lorries, which increased by 9.3% to X units in 2022. In general, total imports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of +3.5% 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 +64.1% against 2013 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, truck and bus tyre imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of +1.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X units), Slovakia (X units) and Romania (X units) were the main suppliers of truck and bus tyre imports to Switzerland, together comprising 49% of total imports. The Czech Republic, China, France, Luxembourg, the Netherlands, Russia, Poland, South Korea, Spain and Turkey lagged somewhat behind, together comprising a further 40%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +25.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Slovakia ($X) and the Czech Republic ($X) constituted the largest truck and bus tyre suppliers to Switzerland, together accounting for 50% of total imports. Romania, Spain, Luxembourg, China, France, the Netherlands, Poland, South Korea, Turkey and Russia lagged somewhat behind, together accounting for a further 38%.

The Netherlands, with a CAGR of +19.3%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average truck and bus tyre import price stood at $X per unit in 2022, surging by 8.6% against the previous year. Overall, the import price, however, saw a slight setback. Over the period under review, average import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per unit), while the price for Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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