In 2023, China dominates the global export market for new pneumatic tyres of rubber for buses or lorries, accounting for a substantial portion of exports. Other key players include the United States, Thailand, and Germany, although some of these countries experienced slight negative growth. Slovakia and Russia showed significant growth, indicating potential future competitive edges. Several countries experienced declines, notably the United Kingdom, Austria, Singapore, and Colombia, pointing to possible market shifts or internal economic challenges. Rapid growth in nations like El Salvador and Kyrgyzstan highlights emerging trends in smaller markets, suggesting shifts in global distribution.
Future trends to watch include potential impacts from technological advancements in tyre manufacturing, evolving environmental regulations targeting emissions, and changes in global trade policies. Additionally, fluctuations in raw material costs and advancements in electric and autonomous vehicle industries may significantly influence tyre demand and export strategies worldwide.
Top countries in Export of New Pneumatic Tyres of Rubber for Buses or Lorries by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 8,894,300,000 | 2023 | +2.54% | +2.64% | View data |
| 2 | 2 United States | 1,893,000,000 | 2023 | +0.62% | +0.38% | View data |
| 3 | 3 Thailand | 1,864,200,000 | 2023 | +3.55% | +2.71% | View data |
| 4 | 4 Germany | 1,189,200,000 | 2023 | +0.33% | -0.05% | View data |
| 5 | 5 Slovakia | 1,135,800,000 | 2023 | +2.23% | +2.99% | View data |
| 6 | 6 South Korea | 949,280,000 | 2023 | -0.63% | -0.54% | View data |
| 7 | 7 Japan | 891,210,000 | 2023 | -3.64% | -2.42% | View data |
| 8 | 8 Spain | 826,310,000 | 2023 | +0.62% | -0.51% | View data |
| 9 | 9 Canada | 779,440,000 | 2023 | -0.98% | -0.11% | View data |
| 10 | 10 Poland | 777,220,000 | 2023 | +2.04% | +0.59% | View data |
