In 2023, Germany led in the European sold production of new pneumatic rubber tyres for motor cars with 47.25 million items, despite a slight decrease of 1.9%. Romania and Poland followed, showing positive growths of 2.08% and 1.15%, respectively. Hungary notably increased by 2.7%, while other major producers like Italy and France saw declines of 3.48% and 3.83%. The United Kingdom experienced a significant drop of 8.94%. Estonia's production remained unchanged. The five-year Compound Annual Growth Rate (CAGR) indicates a mixed but generally subdued growth pattern across these countries.
Future trends to watch include:
- Increasing demand for eco-friendly tyres driving innovation and production changes.
- Potential impacts of economic fluctuations on production volumes.
- Technological advancements influencing tyre materials and manufacturing processes.
- Regulatory changes within the EU that might affect production strategies.
Top countries in Sold Production of New Pneumatic Rubber Tyres for Motor Cars by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 47,250,000 | 2023 | +1.11% | -1.9% | View data |
| 2 | 2 Romania | 40,149,000 | 2023 | +2.67% | +2.08% | View data |
| 3 | 3 Poland | 34,095,000 | 2023 | +1.19% | +1.15% | View data |
| 4 | 4 Hungary | 29,308,000 | 2023 | +3.57% | +2.7% | View data |
| 5 | 5 Spain | 29,039,000 | 2021 | +15.36% | +0.33% | View data |
| 6 | 6 Italy | 25,720,000 | 2023 | +5.59% | -3.48% | View data |
| 7 | 7 France | 22,392,000 | 2023 | +0.7% | -3.83% | View data |
| 8 | 8 Czechia | 21,784,000 | 2023 | |||
| 9 | 9 United Kingdom | 6,652,400 | 2023 | -6.3% | -8.94% | View data |
| 10 | 10 Estonia | 2,675,300 | 2023 | +32.88% | View data |
