DUBLIN–(BUSINESS WIRE)–The “Research Report on China’s Off-the-Road (OTR) Tire Export 2023-2032” report has been added to ResearchAndMarkets.com’s offering.
The growth in the global construction and infrastructure sector is driving the growth in demand for construction machinery vehicles and OTR tires. In addition to this, the increase in the use of heavy machinery as well as equipment in the mining and industrial sectors is also boosting the demand for the OTR tires market.
According to the publisher’s analysis, China is the world’s leading OTR tire producer, consumer market and exporter.
In 2021, China exported 7,031,900 OTR tires (new pneumatic rubber tires), up 17.48% year-on-year, with an export value of US$879 million, up 39.12% year-on-year. According to the publisher’s analysis, from January to October 2022, China exported 6,216,900 OTR tires, up 12.68% year-on-year, with an export value of US$1.071 billion, up 50.10% year-on-year.
From 2018-2022, the average export price of China’s OTR tires shows a general trend of decreasing before increasing. The publisher’s analysis shows that from 2018-2020, the average export price of China’s OTR tires decreases continuously, from US$145.17 per tire in 2018 to US$105.61 per tire in 2020. From 2020-2022, the average export price of China’s The average export price of OTR tires rose continuously. In 2021, China’s OTR tires export price rebounded to 2019 level, and in January-October 2022, China’s OTR tires export price rose to US$172.20 per piece, an increase of 33.21% year-on-year.
China’s exports of OTR tires are classified as rim size greater than 61 cm or less than or equal to 61 cm. According to the publisher’s analysis, other new pneumatic rubber tires with rim size less than or equal to 61 cm are the main export type in China by export volume. In 2021, China exported 5,749,800 other new pneumatic rubber tires with rim size less than or equal to 61 cm, accounting for 81.77% of the total export volume of OTR tires and US$176 million, accounting for 20.07% of the total export value.
The publisher’s analysis, by export value, rim size greater than 61 cm other new pneumatic rubber tires is China’s main export type. In 2021, China exported rim size greater than 61 cm other new pneumatic rubber tires US$ 582 million, accounting for 66.20% of the total export value, and the export volume of 671,800, accounting for 9.55% of the total export volume.
In 2021, Chinese OTR tires were exported to more than two hundred countries and regions around the world. The publisher’s analysis shows that Brazil, the Russian Federation, Mexico, the United Kingdom, the United States, Italy, Saudi Arabia, Peru, Chile and Canada are the main OTR tire export destinations in China by export volume. By export volume, Brazil is the main export destination of OTR tires from China. 1,161,100 OTR tires were exported from China to Brazil in 2021, accounting for 22.98% of the total export volume.
The publisher expects that China’s OTR tire exports are expected to continue to grow in the years 2023-2032.
Topics covered:
Key Topics Covered:
1. 2018-2022 China’s OTR Tire Export Analysis
1.1. China’s OTR Tire Export Scale
1.1.1. China’s OTR Tire Export Volume
1.1.2. China’s OTR Tire Export Value
1.1.3 China’s OTR Tire Export Price
1.2 China’s OTR Tire Main Export Destinations
1.2.1. By Export Volume
1.2.2. By Export Value
2. 2018-2022 China Radial OTR Tire Export Analysis
2.1. Radial OTR Tire Export Volume
2.2. Radial OTR Tire Export Volume
2.3. Radial OTR Tire Export Price
2.4 Analysis of Various Types of Radial OTR Tire Exports
2.4.1 Exports of Various Types of Radial OTR Tires
2.4.2. Export Value of Various Radial OTR Tires
2.4.3. Export Price of Various Types of Radial OTR Tires
2.5 Radial OTR Tire Export Destinations
2.5.1. By Export Volume
2.5.2. By Export Value
3. 2018-2022 China Diagonal OTR Tire Export Analysis
3.1. Diagonal OTR Tire Export Volume
3.2. Diagonal OTR Tire Export Value
3.3. Diagonal OTR Tire Export Price
3.4 Export Analysis of All Types of Diagonal OTR Tires
3.4.1 Export Volume of All Types of Diagonal OTR Tires
3.4.2 Export Value of Various Diagonal OTR Tires
3.4.3 Export Price of Various Diagonal OTR Tires
3.5 Export Destinations of Diagonal OTR Tires
3.5.1 By Export Volume
3.5.2. By Export Value
4. 2018-2022 China OTR Tires Major Export Destinations Analysis
4.1. Brazil
4.2. Russian Federation
4.3. Mexico
4.4. United Kingdom
4.5. United States
4.6. Other Export Destinations
5. China’s Export Outlook for OTR Tires, 2023-2032
5.1 Factors Affecting China’s OTR Tire Exports
5.1.1 Favorable Factors
5.1.2. Unfavorable Factors
5.2 China’s OTR Tire Export Forecast 2023-2032
5.2.1 Export Volume Forecast
5.2.2. Major Export Destinations Forecast
5.2.3. Major Export Types of OTR Tires Forecast
For more information about this report visit https://www.researchandmarkets.com/r/xkxyke
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