Netherlands: Passenger Car Tyre Market 2024

Passenger Car Tyre Market Size in the Netherlands

After three years of growth, the Dutch passenger car tyre market decreased by -2.6% to $X in 2021. In general, consumption, however, recorded buoyant growth. Over the period under review, the market attained the maximum level at $X in 2020, and then contracted slightly in the following year.

Passenger Car Tyre Production in the Netherlands

In value terms, passenger car tyre production shrank markedly to $X in 2021 estimated in export price. Overall, the total production indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +43.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by 87%. As a result, production attained the peak level of $X, and then fell rapidly in the following year.

Passenger Car Tyre Exports

Exports from the Netherlands

In 2021, overseas shipments of tyres for motor cars increased by 17% to X units, rising for the second year in a row after three years of decline. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 19%. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, passenger car tyre exports surged to $X in 2021. The total export value increased at an average annual rate of +1.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 54%. The exports peaked in 2021 and are likely to see steady growth in the near future.

Exports by Country

Germany (X units) was the main destination for passenger car tyre exports from the Netherlands, accounting for a 40% share of total exports. Moreover, passenger car tyre exports to Germany exceeded the volume sent to the second major destination, France (X units), threefold. The third position in this ranking was taken by Italy (X units), with a 7% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+1.7% per year) and Italy (-2.8% per year).

In value terms, Germany ($X) remains the key foreign market for tyres for motor cars exports from the Netherlands, comprising 37% of total exports. The second position in the ranking was held by France ($X), with a 15% share of total exports. It was followed by Belgium, with a 7.1% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+3.7% per year) and Belgium (-2.7% per year).

Export Prices by Country

The average passenger car tyre export price stood at $X per unit in 2021, stabilizing at the previous year. Over the period under review, the export price saw a modest expansion. The pace of growth appeared the most rapid in 2020 an increase of 30% against the previous year. The export price peaked in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per unit), while the average price for exports to Portugal ($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 Spain (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Passenger Car Tyre Imports

Imports into the Netherlands

In 2021, passenger car tyre imports into the Netherlands skyrocketed to X units, increasing by 15% compared with 2020 figures. The total import volume increased at an average annual rate of +2.2% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, passenger car tyre imports surged to $X in 2021. The total import value increased at an average annual rate of +3.4% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Germany (X units) and Belgium (X units) were the main suppliers of passenger car tyre imports to the Netherlands, together comprising 47% of total imports. These countries were followed by South Korea, Hungary, Italy, France, India, the United Arab Emirates, Turkey, Japan, Thailand and the UK, which together accounted for a further 38%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +21.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and China ($X) constituted the largest passenger car tyre suppliers to the Netherlands, with a combined 41% share of total imports. These countries were followed by South Korea, Hungary, Italy, France, Turkey, the United Arab Emirates, Japan, India, the UK and Thailand, which together accounted for a further 42%.

South Korea, with a CAGR of +20.4%, 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

In 2021, the average passenger car tyre import price amounted to $X per unit, picking up by 9.4% against the previous year. Over the last nine years, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2020 when the average import price increased by 16%. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per unit), while the price for India ($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 UK (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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