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Asian Tyre Imports Rise 32% in Consumer and 10% in Truck up to July

Imports of Asian

July saw growth in consumer (+31%) and truck (+20%), compared to 2022

According to data obtained by the Spanish National Association of Tyre Distributors and Importers (ADINE) issued by the Tax Agency, we can see that imports of Asian tyres in the consumer segment (passenger car, 4×4 and van) increased by 31.6% in the period from January to July 2023 compared to the same period in 2022 with a total of 6,455,300 units, of which 5,031,970 units (78%) came mainly from China.

Meanwhile, imports of truck tyres accumulated until July an increase of 10.3% with a total of 334,180 units imported, where imports from Thailand (+29%), China (+20.7%) and South Korea (+16%) stand out. Imports of motorbike tyres accumulated a decrease of 11.6%, with a total of 697,580 units imported, of which 381,070 units (55%) came mainly from Thailand.

Imports of agricultural tyres accumulated during the first seven months of the year decreased by 23.3% compared to the previous year, with a total of 109,380 units imported, of which 62,680 units (57%) came mainly from India. And finally, imports of Asian construction, mining and construction tyres accumulated during January-July 2023 an increase of 55.6%, with a total of 118,260 units of which 33,150 units (28%) came from India and 31,370 (27%) from China.

July 2023 data

In July 2023, Asian tyre imports in the consumer segment increased by 30.9% with a total of 1,008,740 units imported, of which 775,960 units (77%) came mainly from China.

Meanwhile, truck tyre imports increased by 19.6% compared to July 2022, with a total of 57,210 units imported, with growth in Thailand (+92.3%), China (+72.6%) and South Korea (+73.9) being particularly noteworthy. On the other hand, imports of agricultural tyres fell by 45.5% in July with a total of 13,450 units imported, where 7,860 units (58%) came mostly from India.

And finally, imports of Asian construction, mining and construction site tyres increased sharply by 84.3% with 21,770 units compared to the same month in 2022, where 11,140 units imported (51%) came mostly from China.

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