Report Update Nov 1, 2024

Uzbekistan - Tyres for Buses or Lorries - Market Analysis, Forecast, Size, Trends and Insights

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Uzbekistan: Market for Tyres For Buses Or Lorries 2024

Market Size for Tyres For Buses Or Lorries in Uzbekistan

After two years of decline, the Uzbek truck and bus tyre market increased by 52% to $X in 2022. Over the period under review, consumption enjoyed resilient growth. 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 Uzbekistan

In 2022, approx. X units of tyres for buses or lorries were exported from Uzbekistan; dropping by -81.3% compared with the previous year's figure. In general, exports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 3,800% against the previous year. As a result, the exports attained the peak of X units, and then dropped markedly in the following year.

In value terms, truck and bus tyre exports fell sharply to $X in 2022. Over the period under review, exports, however, saw a measured increase. The pace of growth appeared the most rapid in 2021 with an increase of 443%. As a result, the exports attained the peak of $X, and then reduced remarkably in the following year.

Exports by Country

Kazakhstan (X units) was the main destination for truck and bus tyre exports from Uzbekistan, accounting for a 83% share of total exports. Moreover, truck and bus tyre exports to Kazakhstan exceeded the volume sent to the second major destination, Turkmenistan (X units), fivefold.

From 2018 to 2022, the average annual rate of growth in terms of volume to Kazakhstan stood at +9.0%.

In value terms, Kazakhstan ($X) remains the key foreign market for tyres for buses or lorries exports from Uzbekistan, comprising 98% of total exports. The second position in the ranking was held by Turkmenistan ($X), with a 1.6% share of total exports.

From 2018 to 2022, the average annual rate of growth in terms of value to Kazakhstan amounted to +4.4%.

Export Prices by Country

The average truck and bus tyre export price stood at $X per unit in 2022, surging by 14% against the previous year. Over the period under review, the export price, however, showed a deep downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 343%. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Turkmenistan totaled $X per unit.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (-4.2%).

Imports of Tyres For Buses Or Lorries

Imports into Uzbekistan

After two years of decline, purchases abroad of tyres for buses or lorries increased by 169% to X units in 2022. Over the period under review, imports recorded prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, truck and bus tyre imports soared to $X in 2022. The total import value increased at an average annual rate of +8.0% over the period from 2017 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of truck and bus tyre to Uzbekistan, accounting for a 90% share of total imports. Moreover, truck and bus tyre imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), more than tenfold.

From 2017 to 2022, the average annual rate of growth in terms of volume from China amounted to +26.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+49.6% per year) and Russia (-37.7% per year).

In value terms, China ($X) constituted the largest supplier of tyres for buses or lorries to Uzbekistan, comprising 90% of total imports. The second position in the ranking was taken by Russia ($X), with a 5.7% share of total imports.

From 2017 to 2022, the average annual rate of growth in terms of value from China amounted to +21.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-27.8% per year) and Turkey (+31.3% per year).

Import Prices by Country

The average truck and bus tyre import price stood at $X per unit in 2022, with a decrease of -43.6% against the previous year. In general, the import price continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 58%. As a result, import price attained the peak level of $X per unit, and then contracted remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+15.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tyres for buses or lorries in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 43% of global consumption. These countries were followed by Japan, Portugal, Mexico, Indonesia, France, Germany, the UK, Russia, South Korea and Australia, which together accounted for a further 27%.

What are the largest producers of tyres for buses or lorries in the world?

China constituted the country with the largest volume of truck and bus tyre production, comprising approx. 41% of total volume. Moreover, truck and bus tyre production in China exceeded the figures recorded by the second-largest producer, India, fivefold. The United States ranked third in terms of total production with a 6.9% share.

What are the leading suppliers of tyres for buses or lorries to Uzbekistan?

In value terms, China constituted the largest supplier of truck and bus tyre to Uzbekistan, comprising 64% of total imports. The second position in the ranking was occupied by Russia, with a 31% share of total imports.

What are the leading importers of tyres for buses or lorries from Uzbekistan?

In value terms, Kazakhstan remains the key foreign market for truck and bus tyre exports from Uzbekistan.

What is the average export price for tyres for buses or lorries in Uzbekistan?

In 2021, the average truck and bus tyre export price amounted to $171 per unit, picking up by 25% against the previous year.

What is the average import price for tyres for buses or lorries in Uzbekistan?

The average truck and bus tyre import price stood at $160 per unit in 2021, growing by 66% against the previous year.

This report provides an in-depth analysis of the market for truck and bus tyre in Uzbekistan. 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 22111355 - New pneumatic rubber tyres for buses or lorries with a load index . .121
Prodcom 22111357 - New pneumatic rubber tyres for buses or lorries with a load index > .121

Country coverage:

Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uzbekistan
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