Demand for car tyres in Saudi to grow at 12 percent CAGR

ERJ staff report (DS)

Dublin, Ireland -- Taiyou Research has published a new report titled, Automotive Tire Industry in Saudi Arabia . The 60-page report was first published in November 2011 and is available for a price of around Euro 300, depending on delivery options.

The publishers say, "Demand for tyres and tubes is set to grow by 12 percent annually in Saudi Arabia. Being the largest market for automotive tyres in the Middle East, Saudi Arabia still imports them to satiate its needs. It runs up almost $800 million in imported tyre bills alone on a yearly basis. The country imports 13 million tyres every year and volumes are expected to keep on rising as consumer demand increases over the next few years. The major products include Tyres (passenger, truck, bus, trailers), Tyres (OTR, Agricultural, Industrial/ TBR), Rims, Tubes and Casings, Tyre Repair Material, Patches, Retreading Material and Equipment."

ERJ has not seen this report and can make no comment on the quality of the research or of the conclusions.

This is an external link and should open in a new window. ERJ is not responsible for the content of external sites.

Home page of report on Research & Markets website