Trends in Import / Export

1. Trends in Sales of Export Tyres

The export volume of automobile tyres increased by 0.9% from the previous year to 38.34 million tyres in 2024, which was an increase for the first time in three years. Passenger car tyres increased by 3.3% from the previous year, but light truck tyres, truck & bus tyres decreased by 2.9%, truck & bus tyres decreased by 8.2%.

Sales of export tyres in 2024

Sales
Units(×103) 2024/2023(%)
Passenger car tyres 27,151 103.3
Light truck tyres 5,120 97.1
Truck and bus tyres 3,382 91.8
Others 2,688 97.2
Total 38,341 100.9

Note: “Others” are off-the-road tyres, industrial tyres, agricultural tyres, cart tyres, and motorcycle tyres.

Source: JATMA

Trends in sales of export tyres

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2. Exports by Region of Destination

The export volume of automobile tyres in 2024 increased by 0.3% from the previous year to 38.93 million tyres on a unit basis, it increased on a value basis by 0.4% from the previous year to 760.0 billion yen. The total of product weight for export decreased by 3.2% from the previous year to 1.01 million tons.

By region (on a unit basis) export volume from Europe and Asia increased, but North America decreased, and the total volume almost stayed at the same level as the previous year.

Exports by region of destination in 2024

  Tyre Units(×103) 2024/2023(%) Value(FOB)(yen×106) 2024/2023(%)
PC TB&LT Others Total
North America 11,583 2,332 481 14,396 91.6 239,840 89.5
South & Central America 1,884 407 276 2,567 108.8 82,598 98.8
Europe 6,322 477 1,497 8,296 105.9 104,763 111.4
中Middle East 3,720 1,391 32 5,143 100.6 67,824 98.8
Africa 499 613 42 1,154 103.9 40,402 105.5
Asia 4,550 742 347 5,639 110.0 122,085 105.8
Oceania 1,158 447 125 1,730 112.8 102,459 114.8
Total 29,716 6,409 2,800 38,925 100.3 759,971 100.4
Weight(tons) 394,944 250,253 363,104 1,008,301 96.8  

Note: 1. Exchange rates are averages of Tokyo InterBank offered spot exchange rate.
2023: 1USD = 140yen
2024: 1USD = 151yen

Note: 2.“Others” doesn’t include Aircraft tyres and Bicycle tyres.

Note:3. Weight and Value include tubes.

Source: Trade Statistics of Japan

Export trend by region

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3. Imports by Region of Origin

The import volume of automobile tyres in 2024 increased by 0.1% from the previous year to 30.59 million tyres on a unit basis, and increased on a value basis by 3.7% from the previous year to 184.2 billion yen. Product weight total of import decreased by 2.3% from the previous year to 0.28 million tons.

By region (on a unit basis), import volume from Asia slightly increased which account for more than 90% of the total, but Europe decreased, and the total volume almost stayed at the same level as the previous year.

Imports by region of origin in 2024

  Tyre Units(×103) 2024/2023(%) Value(CIF)(yen×106) 2024/2023(%)
PC TB&LT Others Total
North America 224 34 16 274 129.2 5,391 138.8
South & Central America 58 1 4 63 110.5 1,342 62.2
Europe 1,347 45 141 1,533 91.0 24,291 104.5
Middle East 12 1 0 13 86.7 406 89.8
Africa 9 1 0 10 8.2 138 16.4
Asia 23,424 2,481 2,788 28,693 100.8 152,581 103.8
Oceania 0 0 0 0 1 384.0
Total 25,074 2,563 2,949 30,586 100.1 184,150 103.7
Weight(tons) 210,623 50,957 22,679 284,259 97.7  

Note: 1.“Others” doesn’t include Aircraft tyres and Bicycle tyres.

Note: 2. Weight and Value include tubes.

Source: Trade Statistics of Japan

Import trends by region

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