We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Report World - Road Wheels - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jan 1, 2025

World - Road Wheels - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Global Road Wheel Market 2025

Road Wheel Market Size

The global road wheel market reached $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the market value increased by 7.1%. Over the period under review, the global market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Road Wheel Production

In value terms, road wheel production shrank to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by 20% against the previous year. Global production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Road Wheel Exports

Exports

In 2022, the amount of road wheels exported worldwide contracted modestly to X tons, reducing by -2.6% on the previous year's figure. Over the period under review, exports, however, showed a mild expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 20%. Over the period under review, the global exports reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, road wheel exports rose modestly to $X in 2022. The total export value increased at an average annual rate of +2.6% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 28%. The global exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

China was the main exporting country with an export of about X tons, which reached 38% of total exports. Germany (X tons) held the second position in the ranking, followed by Turkey (X tons) and Mexico (X tons). All these countries together held near 22% share of total exports. Poland (X tons), Thailand (X tons), Italy (X tons), the United States (X tons), the Czech Republic (X tons), Morocco (X tons), Hungary (X tons), France (X tons) and Austria (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +1.9% from 2012 to 2022. At the same time, Morocco (+85.1%), Thailand (+11.0%), Hungary (+9.2%), Mexico (+6.6%), Turkey (+6.0%), Austria (+4.0%) and Poland (+3.4%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing exporter exported in the world, with a CAGR of +85.1% from 2012-2022. Germany experienced a relatively flat trend pattern. By contrast, Italy (-1.6%), the Czech Republic (-1.7%), France (-4.7%) and the United States (-9.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Turkey, Mexico, Morocco and Thailand increased by +3.3, +2.7, +2.4, +1.9 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest road wheel supplier worldwide, comprising 30% of global exports. The second position in the ranking was taken by Germany ($X), with an 11% share of global exports. It was followed by Mexico, with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled +3.5%. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+1.4% per year) and Mexico (+8.7% per year).

Export Prices by Country

In 2022, the average road wheel export price amounted to $X per ton, surging by 7.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2021 an increase of 9.1% against the previous year. The global export price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+21.6%), while the other global leaders experienced more modest paces of growth.

Road Wheel Imports

Imports

In 2022, purchases abroad of road wheels increased by 0.4% to X tons, rising for the second consecutive year after two years of decline. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 17%. Global imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, road wheel imports rose significantly to $X in 2022. The total import value increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Global imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

The United States (X tons) and Germany (X tons) represented roughly 27% of total imports in 2022. Japan (X tons) took the next position in the ranking, followed by Russia (X tons). All these countries together took near 14% share of total imports. Mexico (X tons), Canada (X tons), the UK (X tons), France (X tons), Thailand (X tons), Italy (X tons), Spain (X tons), South Korea (X tons) and the Czech Republic (X tons) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +12.7%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported road wheels worldwide, comprising 24% of global imports. The second position in the ranking was taken by Germany ($X), with an 11% share of global imports. It was followed by Japan, with a 6.9% share.

In the United States, road wheel imports increased at an average annual rate of +4.2% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+1.0% per year) and Japan (+1.3% per year).

Import Prices by Country

In 2022, the average road wheel import price amounted to $X per ton, with an increase of 7.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2021 an increase of 8.1% against the previous year. Global import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.1%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 53% share of global consumption.
The country with the largest volume of road wheel production was China, comprising approx. 42% of total volume. Moreover, road wheel 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 an 8.9% share.
In value terms, China remains the largest road wheel supplier worldwide, comprising 28% of global exports. The second position in the ranking was occupied by Germany, with a 13% share of global exports. It was followed by Mexico, with a 7.2% share.
In value terms, the United States constitutes the largest market for imported road wheels worldwide, comprising 24% of global imports. The second position in the ranking was occupied by Germany, with an 11% share of global imports. It was followed by Japan, with a 7% share.
The average road wheel export price stood at $4,718 per ton in 2021, picking up by 9.7% against the previous year.
The average road wheel import price stood at $5,148 per ton in 2021, with an increase of 8.7% against the previous year.

This report provides an in-depth analysis of the global road wheel market. 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 29323040 - Road wheels and parts and accessories thereof

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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
  • Find deeper insights into current market developments
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

Recommended reports

Asia - Road Wheels - Market Analysis, Forecast, Size, Trends and Insights
$599
Jan 1, 2025
Eye 242

This report provides an in-depth analysis of the road wheel market in Asia.

U.S. - Road Wheels - Market Analysis, Forecast, Size, Trends and Insights
$599
Jan 1, 2025
Eye 237

This report provides an in-depth analysis of the road wheel market in the U.S..

China - Road Wheels - Market Analysis, Forecast, Size, Trends and Insights
$599
Jan 1, 2025
Eye 279

This report provides an in-depth analysis of the road wheel market in China.

EU - Road Wheels - Market Analysis, Forecast, Size, Trends and Insights
$599
Jan 1, 2025
Eye 260

This report provides an in-depth analysis of the road wheel market in the EU.

Free Data: Road Wheels - World
Table
Road Wheels - World - Table
Dashboard
Road Wheels - World - Dashboard
Report
Road Wheels - World - Report