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Report World - Tyres for Motor Cars - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

World - Tyres for Motor Cars - Market Analysis, Forecast, Size, Trends and Insights

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Global Passenger Car Tyre Market 2024

Passenger Car Tyre Market Size

The global passenger car tyre market rose remarkably to $X in 2021, picking up by 5.2% against the previous year. The market value increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. Global consumption peaked in 2021 and is likely to see steady growth in the near future.

Passenger Car Tyre Production

In value terms, passenger car tyre production stood at $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 11% against the previous year. Global production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Passenger Car Tyre Exports

Exports

In 2021, after two years of decline, there was significant growth in shipments abroad of tyres for motor cars, when their volume increased by 13% to X units. In general, exports, however, continue to indicate a slight setback. The pace of growth appeared the most rapid in 2014 with an increase of 14%. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the global exports remained at a lower figure.

In value terms, passenger car tyre exports soared to $X in 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. The global exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

The shipments of the four major exporters of tyres for motor cars, namely China, Thailand, South Korea and Germany, represented more than third of total export. Poland (X units), Japan (X units), Romania (X units), Turkey (X units), Hungary (X units), the Netherlands (X units), Mexico (X units), Spain (X units) and Indonesia (X units) held a minor share of total exports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +13.7%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and South Korea ($X) appeared to be the countries with the highest levels of exports in 2021, together comprising 30% of global exports. Thailand, the Netherlands, Japan, Poland, Hungary, Romania, Mexico, Indonesia, Spain and Turkey lagged somewhat behind, together comprising a further 38%.

Turkey, with a CAGR of +10.5%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average passenger car tyre export price amounted to $X per unit, with an increase of 7.2% against the previous year. Over the last nine years, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2016 when the average export price increased by 15%. The global export price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the Netherlands ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+5.1%), while the other global leaders experienced more modest paces of growth.

Passenger Car Tyre Imports

Imports

In 2021, the amount of tyres for motor cars imported worldwide totaled X units, surging by 13% compared with the year before. In general, imports continue to indicate a relatively flat trend pattern. Over the period under review, global imports hit record highs at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, passenger car tyre imports soared to $X in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. Over the period under review, global imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X units), distantly followed by Germany (X units), France (X units) and the UK (X units) represented the key importers of tyres for motor cars, together making up 39% of total imports. The Netherlands (X units), Italy (X units), Spain (X units), Canada (X units), Mexico (X units), Russia (X units), Poland (X units), Australia (X units) and Belgium (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Poland (with a CAGR of +5.3%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest passenger car tyre importing markets worldwide were the United States ($X), Germany ($X) and France ($X), with a combined 33% share of global imports. These countries were followed by the Netherlands, the UK, Italy, Canada, Spain, Mexico, Belgium, Poland, Australia and Russia, which together accounted for a further 29%.

Poland, with a CAGR of +5.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global 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, increasing by 7.4% against the previous year. In general, the import price, however, showed a slight contraction. Global import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the Netherlands ($X per unit), while Russia ($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 Netherlands (+1.2%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest passenger car tyre consuming country worldwide, comprising approx. 24% of total volume. Moreover, passenger car tyre consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 9.5% share.
China constituted the country with the largest volume of passenger car tyre production, comprising approx. 30% of total volume. Moreover, passenger car tyre production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 7% share.
In value terms, China, Germany and Thailand constituted the countries with the highest levels of exports in 2020, together accounting for 30% of global exports. These countries were followed by South Korea, the Netherlands, Japan, Poland, Hungary, France, Romania, Indonesia, Spain and Vietnam, which together accounted for a further 36%.
In value terms, the United States, Germany and France appeared to be the countries with the highest levels of imports in 2020, together accounting for 34% of global imports. The Netherlands, the UK, Italy, Canada, Mexico, Spain, Belgium, Japan, Poland and Russia lagged somewhat behind, together comprising a further 29%.
In 2020, the average passenger car tyre export price amounted to $44 per unit, rising by 2.3% against the previous year.
In 2020, the average passenger car tyre import price amounted to $48 per unit, growing by 1.7% against the previous year.

This report provides an in-depth analysis of the global passenger car tyre 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 22111100 - New pneumatic rubber tyres for motor cars (including for racing cars)

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 2012–2023
    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 2012–2023
    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 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    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, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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