In 2023, Germany led European exports of new pneumatic rubber tires for buses or lorries with a load index over 121, holding 22.73% market share, albeit showing a slight decline of 0.12% YoY. Poland followed with 16.13%, experiencing a 3.12% YoY growth. Slovakia, Luxembourg, and Spain were key contributors, although Spain's export share plummeted by 100%. Significant growth was witnessed in Romania and Ireland, with increases of 11.7% and 7.07% respectively. Conversely, Italy, Belgium, and Hungary exhibited declines of 1.2%, 2.34%, and 10.82% respectively.
Future trends to watch include Poland and the Netherlands potentially boosting their market shares further given their recent growth trajectories. Additionally, Spain's drastic drop requires close monitoring for policy amendments or infrastructural overhauls. As sustainability and eco-friendly initiatives advance, market dynamics could shift, influencing European export strategies for heavy-duty tires.
Top countries in Export of New Pneumatic Rubber Tyres for Buses or Lorries with a Load Index More than 121 Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 22.73 | 2023 | +1.03% | -0.12% | View data |
| 2 | 2 Poland | 16.13 | 2023 | +3.14% | +3.12% | View data |
| 3 | 3 Slovakia | 12.1 | 2023 | -0.26% | +0.19% | View data |
| 4 | 4 Luxembourg | 9.92 | 2023 | +3.11% | +0.021% | View data |
| 5 | 5 Spain | 8.75 | 2023 | View data | ||
| 6 | 6 France | 6.74 | 2023 | +5.41% | -1.08% | View data |
| 7 | 7 Czechia | 6.21 | 2023 | |||
| 8 | 8 Italy | 5.34 | 2023 | +0.072% | -1.2% | View data |
| 9 | 9 Romania | 4.63 | 2023 | +4.06% | +11.7% | View data |
| 10 | 10 Belgium | 4.63 | 2023 | -3.41% | -2.34% | View data |
