Brazil - Tyres For Motor Cars - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPassenger Car Tyre Price in Brazil - 2023
Contents:
- Passenger Car Tyre Price in Brazil (FOB) - 2023
- Passenger Car Tyre Price in Brazil (CIF) - 2023
- Passenger Car Tyre Exports in Brazil
- Passenger Car Tyre Imports in Brazil
Passenger Car Tyre Price in Brazil (FOB) - 2023
The average passenger car tyre export price stood at $63.3 per unit in July 2023, remaining constant against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 7.4% against the previous month. Over the period under review, the average export prices attained the maximum at $69.5 per unit in December 2022; however, from January 2023 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Chile ($70.7 per unit), while the average price for exports to Italy ($24.4 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Passenger Car Tyre Price in Brazil (CIF) - 2023
The average passenger car tyre import price stood at $24.4 per unit in July 2023, approximately equating the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 24% month-to-month. The import price peaked at $26.5 per unit in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the countries with the highest prices were Thailand ($28.3 per unit) and Mexico ($26.2 per unit), while the price for India ($21.0 per unit) and Vietnam ($22.2 per unit) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+17.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Passenger Car Tyre Exports in Brazil
In 2022, approx. 9.1M units of tyres for motor cars were exported from Brazil; with a decrease of -5.3% against 2021. The total export volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 48% against the previous year. As a result, the exports attained the peak of 9.6M units, and then contracted in the following year.
In value terms, passenger car tyre exports expanded sharply to $522M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +7.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 45%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Passenger Car Tyre in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 193 | 151 | 217 | 235 | 6.8% |
| Argentina | 82.8 | 52.8 | 59.8 | 96.5 | 5.2% |
| Mexico | 41.3 | 42.6 | 59.3 | 62.5 | 14.8% |
| Colombia | 14.1 | 9.7 | 15.6 | 25.0 | 21.0% |
| Paraguay | 8.9 | 4.0 | 7.7 | 17.3 | 24.8% |
| Canada | 11.8 | 7.3 | 12.7 | 14.9 | 8.1% |
| Chile | 7.4 | 6.3 | 12.5 | 12.9 | 20.4% |
| Uruguay | 6.4 | 5.3 | 6.1 | 10.4 | 17.6% |
| Italy | 4.5 | 3.2 | 4.6 | 5.9 | 9.4% |
| Others | 54.9 | 40.7 | 73.9 | 41.1 | -9.2% |
| Total | 425 | 323 | 469 | 522 | 7.1% |
Top Export Markets for Passenger Car Tyre from Brazil in 2022:
- United States (3611.5K units)
- Argentina (1669.9K units)
- Mexico (1271.4K units)
- Colombia (465.9K units)
- Paraguay (345.6K units)
- Italy (321.5K units)
- Canada (254.9K units)
- Chile (239.2K units)
- Uruguay (226.9K units)
Passenger Car Tyre Imports in Brazil
In 2022, the amount of tyres for motor cars imported into Brazil soared to 22M units, picking up by 42% against the previous year's figure. Over the period under review, imports recorded a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 53% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, passenger car tyre imports surged to $549M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +103.2% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 67% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Passenger Car Tyre in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 225 | 163 | 302 | 360 | 17.0% |
| Vietnam | 8.5 | 5.2 | 10.2 | 27.5 | 47.9% |
| India | 7.2 | 5.9 | 24.2 | 25.0 | 51.4% |
| Argentina | 68.3 | 19.0 | 21.9 | 19.2 | -34.5% |
| Indonesia | 22.2 | 13.4 | 10.8 | 13.4 | -15.5% |
| Mexico | 26.5 | 10.2 | 7.0 | 9.8 | -28.2% |
| Turkey | 0.9 | 0.8 | 4.8 | 9.6 | 120.1% |
| Malaysia | 6.3 | 12.5 | 1.2 | 6.1 | -1.1% |
| Russia | 5.5 | 4.6 | 9.9 | 3.9 | -10.8% |
| Others | 55.3 | 35.7 | 60.7 | 74.6 | 10.5% |
| Total | 425 | 270 | 452 | 549 | 8.9% |
Top Suppliers of Passenger Car Tyre to Brazil in 2022:
- China (14.6M units)
- Vietnam (1.0M units)
- India (0.9M units)
- Indonesia (0.8M units)
- Argentina (0.4M units)
- Turkey (0.3M units)
- Mexico (0.2M units)
- Russia (0.2M units)
- Malaysia (0.1M units)
This report provides an in-depth analysis of the passenger car tyre market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22111100 - New pneumatic rubber tyres for motor cars (including for racing cars)
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The exports of Passenger Car Tyre reached their highest point at 763K units in March 2023. However, from April 2023 to October 2023, the exports remained at a slightly lower figure. In terms of value, the exports of Passenger Car Tyre witnessed a significant rise, reaching $47M in October 2023.
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