Tyres for passenger cars market in Spain

Earlier Report Observations

The Spanish passenger car tyre market volume expanded from 25.5 million units in 2020 to 43.0 million units in 2024. After a strong increase in 2021, the market saw a slight contraction in 2022, a period which saw global manufacturers launch new ultra-high-performance tyres and a continued consumer shift toward larger wheel sizes and all-season products.

Growth accelerated sharply in 2023, supported by a significant increase in imports of Asian-made tyres, which bolstered market volume, alongside sustained consumer preference for larger rims and all-season variants. In 2024, the market expansion continued, driven by a recovery in consumer segment sales, the ongoing popularity of all-season tyres, and moderate price inflation.

Production tyres for passenger cars in Spain

In value, 2017-2020, M $ US

Annual dynamics of production in Spain in value, 2017-2020, M $ US

In kind, 2017-2020, K unit

Annual dynamics of production in Spain in kind, 2017-2020, K unit

Exports tyres for passenger cars from Spain

Exports in kind, K unit

After two years of growth, Spain's exports of passenger car tyres declined. In 2019, exports reached their peak at 24 874 thousand units, but then fell to 22 276 thousand units in 2020, marking a significant drop of 10.4% compared to the previous year. Over the 2017-2020 period, exports decreased by 4.5%, with an average annual decline of 1.5%. The largest year-on-year increase occurred in 2018, when exports grew by 3.8%.

Annual dynamics of product's exports from Spain in kind, 2017-2020, K unit

From 2017 to 2020, France, Germany, and Portugal were the top destinations for Spain's passenger car tyre exports in volume terms. France accounted for 24.0% of exports, Germany for 14.7%, and Portugal for 13.5%. Together, these three countries represented 52.2% of Spain's total export flows in this category.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Spain in kind, 2017-2020

Exports in value, M $ US

Spain's exports of passenger car tyres in value terms declined for the second year in a row. In 2018, exports peaked at 1 034 million US dollars, but by 2020 they had fallen to 971 million US dollars, a decrease of 4.7% compared to 2019. Over the 2017-2020 period, exports increased by 8.6% overall, with an average annual growth rate of 2.8%. The largest year-on-year increase was recorded in 2018, when exports surged by 15.6%.

Annual dynamics of product's exports from Spain in value, 2017-2020, M $ US

Between 2017 and 2020, France, Portugal, and Germany formed the core of Spain's passenger car tyre exports in value terms. France contributed 22.7% of export value, Portugal 16.1%, and Germany 13.9%. Collectively, these three countries accounted for 52.7% of Spain's total export flows in this category.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Spain in value, 2017-2020

Imports tyres for passenger cars to Spain

Imports in kind, K unit

Spain's imports of passenger car tyres in volume terms fell for the second consecutive year. In 2018, imports reached their highest point at 29 883 thousand units, but dropped to 22 594 thousand units in 2020, representing a substantial decline of 19.4% year-on-year. Over the 2017-2020 period, imports decreased by 22%, with an average annual decline of 8.0%. The largest year-on-year increase occurred in 2018, when imports rose by 3.1%.

Annual dynamics of product's imports to Spain in kind, 2017-2020, K unit

From 2017 to 2020, China, Germany, and Italy were among the largest suppliers of passenger car tyres to Spain in volume terms. China accounted for 23.4% of imports, Germany for 11.8%, and Italy for 8.7%. However, even combined, these three countries represented just 43.9% of total imports, indicating a broadly diversified partner base for Spain.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Spain in kind, 2017-2020

Imports in value, M $ US

Spain's imports of passenger car tyres in value terms declined for the second year in a row. In 2018, imports peaked at 1 207 million US dollars, but fell to 897 million US dollars in 2020, a sharp drop of 17.5% compared to the previous year. Over the 2017-2020 period, imports decreased by 19.6%, with an average annual decline of 7.0%. The largest year-on-year increase was recorded in 2018, when imports grew by 8.3%.

Annual dynamics of product's imports to Spain in value, 2017-2020, M $ US

Between 2017 and 2020, the geographical structure of Spain's passenger car tyre imports in value terms was highly diversified. China accounted for 15.7% of import value, Germany for 14.5%, and Italy for 8.8%. Together, these three countries represented only 39.1% of total import flows, while the remaining 60.9% was distributed among numerous smaller partner countries.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Spain in value, 2017-2020