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Ethiopia Tyre Market Forecast and Opportunities, 2020

  • November 2015
  • -
  • TechSci Research
  • -
  • 87 pages

Rising domestic demand and expanding fleet size are expected to boost tyre demand in Ethiopia over the next five years. As of 2013, Ethiopia’s vehicle motorization rate (for Passenger cars and Commercial vehicles) stood at 2 vehicles per 1,000 people. As a result of this low vehicle ownership, Ethiopia is expected to continue witnessing growth in the sales of vehicles as well as automobile fleet size, thereby driving tyre demand during the forecast period. Due to unstable political environment, automobile as well as tyre companies have been facing challenges in conducting their operations in the country over the last few years. However, with the country gradually regaining political stability, coupled with better fiscal and regulatory policies, Ethiopia is expected to evolve into a more open and stable economy over the course of next 5-10 years, which would eventually have a positive impact on the country’s automotive industry in the coming years.

According to TechSci Research report, “Ethiopia Tyre Market Forecast & Opportunities, 2020", there are no automobile manufacturers in the country, and hence, the tyre market in Ethiopia is completely driven by the replacement tyre segment. The tyre market of the country is dominated by passenger car tyre segment, followed by medium and heavy commercial vehicle tyre segment, which cumulatively captured a market share of more than 75% in 2014. Few of the major tyre companies operating in Ethiopia include Horizon Tyre, which is the only tyre manufacturing company in the country; Bridgestone, Pirelli, Michelin, Yokohama, Goodyear, and Hankook. “Ethiopia Tyre Market Forecast & Opportunities, 2020” report elaborates following aspects of tyre market in Ethiopia:

- Ethiopia Tyre Market Size, Share & Forecast
- Segmental Analysis – Passenger Car Tyres, Medium & Heavy Commercial Tyres, Light Commercial Vehicle Tyres, OTR Tyres & Two Wheeler Tyres
- Policy & Regulatory Landscape
- Changing Market Trends and Emerging Opportunities
- Competitive Landscape and Strategic Recommendations

Why You Should Buy This Report?

- To gain an in-depth understanding of tyre market in Ethiopia
- To identify the on-going trends and segment wise anticipated growth in the coming years
- To help industry consultants, tyre companies and other stakeholders to align their market-centric strategies
- To obtain research based business decision and add weight to presentations and marketing material
- To gain competitive knowledge of leading players
- To avail 10% customization in the report without any extra charges and get research data or trends added in the report as per the buyer’s specific needs

Report Methodology

The information contained in this report is based on both primary and secondary sources. Primary research included interviews with tyre companies, distributors and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

Table Of Contents

Ethiopia Tyre Market Forecast and Opportunities, 2020
1. Research Methodology
2. Analyst View
3. Product Overview
4. Ethiopia Tyre Production Capacity
5. Ethiopia Tyre Market Outlook
5.1. Market Size and Forecast
5.1.1. By Value and Volume
5.2. Market Share and Forecast
5.2.1. By Vehicle Type (Passenger Car, Medium and Heavy Commercial Vehicles, Light Commercial Vehicles, Off-the-road vehicles, Two-wheelers)
5.2.2. By Company
5.2.3. By Region
6. Ethiopia Passenger Car (PC) Tyre Market Outlook
6.1. Market Size and Forecast
6.1.1. By Value and Volume
6.2. Market Share and Forecast
6.2.1. By Vehicle Type (SUV, Sedan and Hatchback)
7. Ethiopia Medium and Heavy Commercial Vehicle (MandHCV) Tyre Market Outlook
7.1. Market Size and Forecast
7.1.1. By Value and Volume
7.2. Market Share and Forecast
7.2.1. By Vehicle Type (Trucks and Buses)
8. Ethiopia Light Commercial Vehicle (LCV) Tyre Market Outlook
8.1. Market Size and Forecast
8.1.1. By Value and Volume
8.2. Market Size and Forecast
8.2.1. By Vehicle Type (Pick-Up Trucks and Vans and Mini-buses)
9. Ethiopia Off-The-Road (OTR) Tyre Market Outlook
9.1. Market Size and Forecast
9.1.1. By Value and Volume
10. Ethiopia Two-Wheeler (2W) Tyre Market Outlook
10.1. Market Size and Forecast
10.1.1. By Value and Volume
11. Import Analysis
12. Market Dynamics
12.1. Market Drivers
12.2. Market Challenges
13. Market Trends and Developments
13.1. Diversifying Agriculture Sector
13.2. Increasing Demand for Motorbikes
13.3. Growing Focus on Public Transportation
13.4. Growing Demand for Radial Tyres
13.5. Increasing Chinese Tyre Penetration
14. Policy and Regulatory Landscape
15. Ethiopia Economic Profile
16. Competitive Landscape
16.1. Bridgestone Corp.
16.2. Pirelli and C. SpA
16.3. Horizon Addis Tyre Company
16.4. Goodyear Tyre and Rubber Company
16.5. The Yokohama Rubber Co., Ltd.
16.6. Trelleborg Tires Holding Singapore Pte. Ltd.
16.7. Balkrishna Industries Ltd.
16.8. Genco Industrial Group Co. Ltd
16.9. Compagnie Generale des Etablissements Michelin SCA
16.10. Hankook Tyre Co. Ltd.
17. Strategic Recommendations

List of Figures

Figure 1: Ethiopia Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F
Figure 2: Ethiopia Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F
Figure 3: Ethiopia Tyre Market Share, By Company, By Volume, 2014-2020F
Figure 4: Ethiopia Tyre Market Share, By Region, By Volume, 2014 and 2020F
Figure 5: Ethiopia Passenger Car Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F
Figure 6: Ethiopia Passenger Car Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F
Figure 7: Ethiopia Medium and Heavy Commercial Vehicle Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F
Figure 8: Ethiopia Medium and Heavy Commercial Vehicle Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F
Figure 9: Ethiopia Light Commercial Vehicle Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F
Figure 10: Ethiopia Light Commercial Vehicle Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F
Figure 11: Ethiopia Off-The-Road Vehicle Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F
Figure 12: Ethiopia Two-Wheeler Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F
Figure 13: Ethiopia's Industry Sector, Value Added (% of GDP), 2010-2014

List of Tables

Table 1: Ethiopia Tyre Production Capacity, By Company, By Plant Location, By Establishment Date, By Volume, 2014
Table 2: Ethiopia Passenger Car Fleet, By Volume, 2010-2014 (Units)
Table 3: Currency Exchange Rate, USD to ETB, 2010-2014
Table 4: Ethiopia Gross National Income Per Capita, 2010-2014 (USD)
Table 5: Ethiopia Commercial Vehicle Fleet Size, By Volume, 2010-2014 (Units)
Table 6: Ethiopia Tyre Imports, By Value, 2010-2014 (USD Million)
Table 7: Ethiopia Tyre Imports, By Volume, 2010-2014 (Million Units)
Table 8: Ethiopia Automobile Fleet, By Vehicle Type, By Volume, 2010-2014 (Units)


Companies Mentioned
1. Bridgestone Corp.
2. Pirelli and C. SpA
3. Horizon Addis Tyre Company
4. Goodyear Tyre and Rubber Company
5. The Yokohama Rubber Co., Ltd.
6. Trelleborg Tires Holding Singapore Pte. Ltd.
7. Balkrishna Industries Ltd.
8. Genco Industrial Group Co. Ltd
9. Compagnie Generale des Etablissements Michelin SCA
10. Hankook Tyre Co. Ltd.

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