According to the analyst, the tires exported by China are new pneumatic tires, which are mainly used for passenger cars and commercial vehicles (buses and lorries). According to the analyst, from 2017 to 2019, the export volume increased from 289.59 million to 315.58 million. Affected by COVID-19 from January to April 2020, the number of tire exports is relatively small, only 84.71 million, down by 13.45 million, or 13.70% compared to the same period in 2019.
Although the volume of passenger car tire exports is more than that of commercial car tires, the amount of commercial car tire exports is higher. In 2019, the export volume of passenger car tires was 223.23 million, the value being USD 5,569.82 million, while the volume of commercial vehicle tires was 92.36 million, which was worth USD 7,350.04 million.
The export destinations of passenger car tires are always relatively scattered, with only the UK ranking the first, accounting for 8-10% of the total volume. While commercial vehicle tires were mainly exported to the United States. Even in the face of the Sino-U.S. trade war and epidemic situation, the United States was still the first export destination, accounting for 14-26% of the total volume.
China's government encourages enterprises to export tires, while lots of other countries have raised tariffs on Chinese tires. Considering the pandemic and other factors, exports have estimated to be relatively low in 2020 and should gradually recover after 2021.
According to the analyst, the USA, the UK and Mexico are expected to be the top three export destinations in the next five years, followed by Germany, Saudi Arabia, and the United Arab Emirates.
Readers may obtain the following information from this report:
- Economic Environment of the Tire Industry in China
- Policies for Exported Tires in China
- Analysis on the Supply of Tires in China
- Analysis of Exported Tires in China
- Analysis of Major Destinations of Exported Tires in China
- Price Trends of Exported Tires in China
- Driving Forces and Opportunities for Exported Tires in China
- Forecasts on Exported Tires in China 2020-2024
Table of Contents
1 China’s Tire Production, 2015-2019
1.1 Passenger Car Tires
1.2 Commercial Vehicle Tires
2 Related Policies of China’s Tire Exports
3 China’s Tire Export Scale, 2017-Apr. 2020
3.1 Types of Exported Tires from China
3.1.1 Passenger Car Tires
3.1.2 Commercial Vehicle Tires
3.2 Export Volume of Tires
3.1.1 Passenger Car Tires
3.2.2 Commercial Vehicle Tires
3.3 Export Value of Tires
3.3.1 Passenger Car Tires
3.3.2 Commercial Vehicle Tires
4 Major Destinations of Tire Exports from China, 2017-Apr.2020
4.1 Major Destinations of Tire Exports from China, 2017
4.2 Destinations of Tire Exports from China, 2018
4.3 Major Destinations of Tire Exports from China, 2019
4.4 Major Destinations of Tire Exports from China, 2020
4.5 Analysis of Exported Tires from China to USA, 2017 -2020
5 Factors Influencing China’s Tire Exports, 2020-2024
5.1 Drivers and Opportunities of China’s Tire Exports
5.2 Unfavorable Factors of China’s Tire Exports
6 Forecast on China’s Tire Exports, 2020-2024
6.1 Forecast on Tire Exports from China, 2020-2024
6.2 Forecast on Export Destinations
Table of Charts
Chart Production of Tires in China, 2015-2019
Chart Related Policies of China’s Tire Exports
Chart Types of Exported Tires from China
Chart Export Volume of Chinese Tires, 2017-2020
Chart Export Value of Chinese Tires, 2017-2020
Chart Major Destinations of Passenger Car Tire Exports from China, 2017
Chart Major Destinations of Commercial Vehicle Tire Exports from China, 2017
Chart Major Destinations of Passenger Car Tire Exports from China, 2018
Chart Major Destinations of Commercial Vehicle Tire Exports from China, 2018
Chart Major Destinations of Passenger Car Tire Exports from China, 2019
Chart Major Destinations of Commercial Vehicle Tire Exports from China, 2019
Chart Major Destinations of Passenger Car Tire Exports from China, Jan.- Apr. 2020
Chart Major Destinations of Commercial Vehicle Tire Exports from China, 2020
Chart Export Volume of Tires from China to USA, 2017-2020
Chart Export Value of Tires from China to USA, 2017-2020
Chart Forecast on Export Volume of Tires from China, 2020-2024
Chart Forecast on Export Value of Tires from China, 2020-2024
Methodology
Background research defines the range of products and industries, which proposes the key points of the research. Proper classification will help clients understand the industry and products in the report.
Secondhand material research is a necessary way to push the project into fast progress. The analyst always chooses the data source carefully. Most secondhand data they quote is sourced from an authority in a specific industry or public data source from governments, industrial associations, etc. For some new or niche fields, they also "double-check" data sources and logics before they show them to clients.
Primary research is the key to solve questions, which largely influence the research outputs. The analyst may use methods like mathematics, logical reasoning, scenario thinking, to confirm key data and make the data credible.
The data model is an important analysis method. Calculating through data models with different factors weights can guarantee the outputs objective.
The analyst optimizes the following methods and steps in executing research projects and also forms many special information gathering and processing methods.
1. Analyze the life cycle of the industry to understand the development phase and space.
2. Grasp the key indexes evaluating the market to position clients in the market and formulate development plans
3. Economic, political, social and cultural factors
4. Competitors like a mirror that reflects the overall market and also market differences.
5. Inside and outside the industry, upstream and downstream of the industry chain, show inner competitions
6. Proper estimation of the future is good guidance for strategic planning.
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