United Arab Emirates: Market for Tyres For Buses Or Lorries 2025

Market Size for Tyres For Buses Or Lorries in the United Arab Emirates

The truck and bus tyre market in the United Arab Emirates contracted to $X in 2022, which is down by -14.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a abrupt decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Exports of Tyres For Buses Or Lorries

Exports from the United Arab Emirates

In 2022, truck and bus tyre exports from the United Arab Emirates fell to X units, with a decrease of -7.9% compared with 2021. In general, exports saw a perceptible descent. The most prominent rate of growth was recorded in 2017 when exports increased by 141% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, truck and bus tyre exports reduced to $X in 2022. Overall, exports saw a abrupt decline. The growth pace was the most rapid in 2017 with an increase of 153% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X units) was the main destination for truck and bus tyre exports from the United Arab Emirates, accounting for a 54% share of total exports. Moreover, truck and bus tyre exports to the Netherlands exceeded the volume sent to the second major destination, Burundi (X units), tenfold. Georgia (X units) ranked third in terms of total exports with a 3% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands amounted to +41.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burundi (+16.9% per year) and Georgia (+99.3% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for tyres for buses or lorries exports from the United Arab Emirates, comprising 49% of total exports. The second position in the ranking was held by Burundi ($X), with a 2.8% share of total exports. It was followed by Georgia, with a 2.2% share.

From 2012 to 2022, the average annual growth rate of value to the Netherlands totaled +26.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burundi (+5.6% per year) and Georgia (+76.5% per year).

Export Prices by Country

In 2022, the average truck and bus tyre export price amounted to $X per unit, declining by -5.2% against the previous year. Overall, the export price continues to indicate a perceptible downturn. The growth pace was the most rapid in 2018 an increase of 17%. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($X per unit), while the average price for exports to Burundi ($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 Iran (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tyres For Buses Or Lorries

Imports into the United Arab Emirates

Truck and bus tyre imports into the United Arab Emirates contracted to X units in 2022, waning by -12% against the year before. Over the period under review, imports recorded a perceptible decline. The most prominent rate of growth was recorded in 2016 when imports increased by 48%. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, truck and bus tyre imports dropped rapidly to $X in 2022. In general, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 48%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest truck and bus tyre supplier to the United Arab Emirates, accounting for a 51% share of total imports. Moreover, truck and bus tyre imports from China exceeded the figures recorded by the second-largest supplier, India (X units), fivefold. Japan (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+0.6% per year) and Japan (-12.3% per year).

In value terms, China ($X) constituted the largest supplier of tyres for buses or lorries to the United Arab Emirates, comprising 58% of total imports. The second position in the ranking was taken by Japan ($X), with a 12% share of total imports. It was followed by India, with an 8.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at -5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-13.7% per year) and India (-5.1% per year).

Import Prices by Country

In 2022, the average truck and bus tyre import price amounted to $X per unit, reducing by -4.7% against the previous year. Overall, the import price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2018 an increase of 47% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($X per unit) and Japan ($X per unit), while the price for India ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-1.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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