In 2023, Portugal led European exports of new pneumatic rubber tyres for buses or lorries with a load index less than 121, despite a slight decrease of 5.17% from the previous year. Slovakia and Hungary showed strong growth with increases of 5.76% and 16.73%, respectively. Romania, France, Belgium, and Croatia also experienced positive year-on-year growth. Conversely, notable declines were observed in the UK, Ireland, Bulgaria, and Spain. Luxembourg experienced the largest growth surge with an impressive 49.92% increase.
Looking ahead, increased demand from emerging markets could boost exports, while economic fluctuations and environmental policies pose challenges to sustained growth. High performers like Slovakia and Hungary are likely to continue leveraging competitive advantages, while countries experiencing declines may need strategic interventions to revive their markets.
Top countries in Export of New Pneumatic Rubber Tyres for Buses or Lorries with a Load Index Less than 121 by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 13,927,000 | 2023 | -20.99% | -5.17% | View data |
| 2 | 2 Slovakia | 8,046,100 | 2023 | +4.85% | +5.76% | View data |
| 3 | 3 Hungary | 7,413,500 | 2023 | +5.82% | +16.73% | View data |
| 4 | 4 Romania | 3,396,000 | 2023 | +4.1% | +4% | View data |
| 5 | 5 Czechia | 3,126,700 | 2023 | |||
| 6 | 6 France | 3,064,200 | 2023 | +2.99% | +0.76% | View data |
| 7 | 7 Germany | 2,944,100 | 2023 | -0.46% | -0.93% | View data |
| 8 | 8 Netherlands | 1,759,600 | 2023 | +1.73% | +1.66% | View data |
| 9 | 9 Poland | 1,556,700 | 2023 | -1.26% | -3.8% | View data |
| 10 | 10 United Kingdom | 1,166,000 | 2023 | -2.81% | -7.51% | View data |
