Ethiopia Tire Market Forecast and Opportunities, 2012 - 2022

Ethiopia witnessed major economic challenges over the past few years, owing to continuously decreasing oil prices, rising political instability and unfavourable government policies. Thus, impacting manufacturing of new vehicles in the country during the same period. However, tire market in Ethiopia grew at a moderate pace during the same period owing to rising automobile sales and expanding vehicle fleet size in the country. Government of Ethiopia has been rigorously working to improving the economic conditions of the country by attracting large sums of foreign investment for setting up of industries and manufacturing facilities in the country. Therefore, growing investment in industrial sector, improving economic scenario, increasing demand for motorbikes and rising penetration of Chinese tires is expected to fuel demand for tires in Ethiopia during 2017-2022.

According to TechSci Research report, “Ethiopia Tire Market Forecast and Opportunities, 2012 - 2022’’, tire market in the country is projected to exhibit a CAGR of over 4% during 2017-2022. Passenger car tires dominated Ethiopia tire market over the past few years and is expected to continue to dominate in the coming years as well, owing to rising purchasing power and recovering passenger car sales in the country. Chinese tire manufacturers cumulatively accounted for largest market share in tire market in Ethiopia in 2016, and their market share is further expected to increase in the coming years due to low cost tires and widespread presence of Chinese tire brands throughout the country. “Ethiopia Tire Market Forecast & Opportunities, 2012 - 2022” report elaborates following aspects of tire market in Ethiopia:

• Ethiopia Tire Market Size, Share & Forecast
• Segmental Analysis – By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle, Two-Wheeler and Off-The-Road) and By Radial Vs. Bias
• Policy & Regulatory Landscape
• Changing Market Trends and Emerging Opportunities
• Competitive Landscape and Strategic Recommendations

Why You Should Buy This Report?

• To gain an in-depth understanding of tire market in Ethiopia
• To identify the on-going trends and segment wise anticipated growth in the coming years
• To help industry consultants, tire companies and other stakeholders to align their market-centric strategies
• To obtain research based business decision and add weight to presentations and marketing material
• To gain competitive knowledge of leading players
• To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs

Report Methodology

The information contained in this report is based on both primary and secondary sources. Primary research included interviews with vehicle manufactures, tire companies, distributors, retailers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

1.    Product Overview

2.    Research Methodology

3.    Analyst View

4.    Ethiopia Tire Market Outlook

4.1. Market Size & Forecast

4.1.1.By Value & Volume

4.2. Market Share & Forecast

4.2.1.By Vehicle Type (Passenger Car (PC), Light Commercial Vehicle (LCV), Medium & Heavy Commercial Vehicle (M&HCV), Two-Wheeler (2W) & Off-The-Road (OTR))

4.2.2.By Company

4.2.3.By Premium, Budget & Ultra-Budget

4.2.3.1.   By Company (For Premium, Budget and Ultra Budget)

4.2.4.By Region

4.2.5.By Radial vs Bias

4.3. Ethiopia Tire Market Attractiveness Index, By Region

4.4. Ethiopia Tire Market Attractiveness Index, By Vehicle Type

4.5. Prominent Tire Sizes

5.       Ethiopia Passenger Car (PC) Tire Market Outlook

5.1. Market Size & Forecast

5.1.1.By Value & Volume

5.2. Market Share & Forecast

5.2.1.By Vehicle Type (Sedan, SUV & Hatchback)

5.2.2.By Radial Vs Bias

5.2.3.By Premium, Budget & Ultra-Budget

5.2.3.1.   By Company (For Premium, Budget and Ultra Budget)

6.       Ethiopia Light Commercial Vehicle (LCV) Tire Market Outlook

6.1. Market Size & Forecast

6.1.1.By Value & Volume

6.2. Market Share & Forecast

6.2.1.By Vehicle Type (Pickup Truck and Vans & Mini Bus)

6.2.2.By Radial Vs Bias

6.2.3.By Premium, Budget & Ultra-Budget

6.2.3.1.   By Company (For Premium, Budget and Ultra Budget)

7.       Ethiopia Medium & Heavy Commercial Vehicle (M&HCV) Tire Market Outlook

7.1.  Market Size & Forecast

7.1.1.By Value & Volume

7.2.  Market Share & Forecast

7.2.1.By Vehicle Type (Truck and Bus)

7.2.2.By Radial Vs Bias

7.2.3.By Premium, Budget & Ultra-Budget

7.2.3.1.   By Company (For Premium, Budget and Ultra Budget)

8.       Ethiopia Two-Wheeler Tire Market Outlook

8.1. Market Size & Forecast

8.1.1.By Value & Volume

8.2. Market Share & Forecast

8.2.1.By Vehicle Type (Motorbikes and Scooter)

8.2.2.By Radial Vs Bias

8.2.3.By Premium, Budget & Ultra-Budget

8.2.3.1.   By Company (For Premium, Budget and Ultra Budget)

9.       Ethiopia OTR Tire Market Outlook

9.1. Market Size & Forecast

9.1.1.By Value & Volume

9.2. Market Share & Forecast

9.2.1.By Vehicle Type (Construction & Industrial and Agriculture Equipment Vehicles)

9.2.2.By Radial Vs Bias

9.2.3.By Premium, Budget & Ultra-Budget

9.2.3.1.   By Company (For Premium, Budget and Ultra Budget)

10.   Import-Export Analysis

11.   Supply Chain Analysis

12.   Market Dynamics

12.1.  Drivers

12.2.  Challenges

13.   Market Trends & Developments

13.1.  Growing Demand for Motorbikes

13.2.  Increasing Radialization

13.3.  Growing Focus on Public Transportation

13.4.  Rising Chinese Tire Penetration

14.   Policy & Regulatory Landscape

15.   Ethiopia Economic Profile

16.   Competitive Landscape

16.1.  Bridgestone Middle East & Africa FZE

16.2.  MRF Limited

16.3.  Horizon Addis Tyres S.C.

16.4.  Michelin AIM FZE

16.5.  Apollo Tyres Ltd.

16.6.  CEAT Limited

16.7.  Triangle Tyre Co. Ltd.

16.8.  Balkrishna Industries Ltd

16.9.  Hangzhou Zhongce Rubber CO., LTD

16.10.    Goodyear Middle East FZE

16.11.   Pirelli Tyre(Suisse) SA Middle East Branch

17.   Strategic Recommendations

List of Figures

Figure 1: Ethiopia Tire Market Size, By Value (USD Million), By Volume (Million Unit), 2012-2022F

Figure 2: Prominent Drivers in Ethiopia Tire Market (2017E-2022F)

Figure 3: Ethiopia Tire Market Share, By Vehicle Type, By Volume, 2012-2022F

Figure 4: Ethiopia Tire Market Share, By Company, By Volume, 2016-2022F

Figure 5: Ethiopia Tire Market Share, By Ultra Budget, Budget and Premium Brands, By Volume, 2016-2022F

Figure 6: Ethiopia Premium Tire Market Share, By Company, By Volume, 2016

Figure 7: Ethiopia Budget and Ultra Budget Brands Tire Market Share, By Company, By Volume, 2016

Figure 8: Ethiopia Tire Market Share, By Region, By Volume, 2016 & 2022F

Figure 9: Ethiopia Tire Market Share, By Radial Vs Bias, By Volume, 2016-2022F

Figure 10: Ethiopia Tire Market Attractiveness Index, By Region, By Volume, 2016-2022F

Figure 11: Ethiopia Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2016-2022F

Figure 12: Ethiopia Passenger Car Tire Market Size, By Value (USD Million), By Volume (Million Unit), 2012-2022F

Figure 13: Prominent Drivers in Ethiopia Passenger Car Tire Market (2017E-2022F)

Figure 14: Ethiopia Passenger Car Tire Market Share, By Vehicle Type, By Volume, 2012-2022F

Figure 15: Ethiopia Passenger Car Tire Market Share, By Radial Vs Bias, By Volume, 2016-2022F

Figure 16: Ethiopia Passenger Car Tire Market Share, By Company, By Volume, 2016-2022F

Figure 17: Ethiopia Passenger Car Tire Market Share, By Ultra Budget, Budget and Premium Brands,

By Volume, 2016-2022F

Figure 18: Ethiopia Premium Passenger Car Tire Market Share, By Company, By Volume, 2016

Figure 19: Ethiopia Budget and Ultra Budget Passenger Car Tire Brands Market Share, By Company, By Volume, 2016

Figure 20: Ethiopia Light Commercial Vehicle Tire Market Size, By Value (USD Million), By Volume (Million Unit), 2012-2022F

Figure 21: Prominent Drivers in Ethiopia Light Commercial Vehicle Tire Market (2017E-2022F)

Figure 22: Ethiopia Light Commercial Vehicle Tire Market Share, By Vehicle Type, By Volume, 2012-2022F

Figure 23: Ethiopia Light Commercial Vehicle Tire Market Share, By Radial Vs Bias, By Volume, 2016-2022F

Figure 24: Ethiopia Light Commercial Vehicle Tire Market Share, By Company, By Volume, 2016-2022F

Figure 25: Ethiopia Light Commercial Vehicle Market Share, By Ultra Budget, Budget and Premium Brands, By Volume, 2016-2022F

Figure 26: Ethiopia Premium Light Commercial Vehicle Tire Market Share, By Company, By Volume, 2016

Figure 27: Ethiopia Budget and Ultra Budget Light Commercial Vehicle Tire Brands Market Share, By Company, By Volume, 2016

Figure 28: Ethiopia Medium & Heavy Commercial Vehicle Tire Market Size, By Value (USD Million), By Volume (Million Unit), 2012-2022F

Figure 29: Prominent Drivers in Ethiopia Medium and Heavy Commercial Vehicle Tire Market (2017E-2022F)

Figure 30: Ethiopia Medium & Heavy Commercial Vehicle Tire Market Share, By Vehicle Type, By Volume, 2012-2022F

Figure 31: Ethiopia Medium & Heavy Commercial Vehicle Tire Market Share, By Radial Vs Bias, By Volume, 2016-2022F

Figure 32: Ethiopia Medium & Heavy Commercial Vehicle Tire Market Share, By Company, By Volume, 2016-2022F

Figure 33: Ethiopia Medium and Heavy Commercial Vehicle Market Share, By Ultra Budget, Budget and Premium Brands, By Volume, 2016-2022F

Figure 34: Ethiopia Premium Medium and Heavy Commercial Vehicle Tire Market Share, By Company, By Volume, 2016

Figure 35: Ethiopia Budget and Ultra Budget Medium and Heavy Commercial Vehicle Tire Brands Market Share, By Company, By Volume, 2016

Figure 36: Ethiopia Two-Wheeler Tire Market Size, By Value (USD Million), By Volume (Million Unit), 2012-2022F

Figure 37: Prominent Drivers in Ethiopia Two-wheeler Tire Market (2017E-2022F)

Figure 38: Ethiopia Two-Wheeler Tire Market Share, By Vehicle Type, By Volume, 2012-2022F

Figure 39: Ethiopia Two-Wheeler Tire Market Share, By Radial Vs Bias, By Volume, 2016-2022F

Figure 40: Ethiopia Two-wheeler Tire Market Share, By Company, By Volume, 2016-2022F

Figure 41: Ethiopia Two-Wheeler Market Share, By Ultra Budget, Budget and Premium Brands, By Volume, 2016-2022F

Figure 42: Ethiopia Budget and Ultra Budget Two-wheeler Tire Brands Market Share, By Company, By Volume, 2016

Figure 43: Ethiopia OTR Tire Market Size, By Value (USD Million), By Volume (Million Unit), 2012-2022F

Figure 44: Prominent Drivers in Ethiopia OTR Tire Market (2017E-2022F)

Figure 45: Ethiopia OTR Tire Market Share, By Vehicle Type, By Volume, 2012-2022F

Figure 46: Ethiopia OTR Tire Market Share, By Radial Vs Bias, By Volume, 2016-2022F

Figure 47: Ethiopia OTR Tire Market Share, By Company, By Volume, 2016-2022F

Figure 48: Ethiopia OTR Tire Market Share, By Ultra Budget, Budget and Premium Brands, By Volume, 2016-2022F

Figure 49: Ethiopia Premium OTR Tire Market Share, By Company, By Volume, 2016

Figure 50: Ethiopia Budget and Ultra Budget OTR Tire Brands Market Share, By Company, By Volume, 2016

Figure 51: Ethiopia Tire Market Supply Chain Model

Figure 52: Ethiopia Industry Sector, Value Added (% of GDP), 2011-2015

List of Tables 

Table 1: Ethiopia Tire Market Size, By Vehicle Type, By Volume, 2012-2016 & 2022F (Million Unit)

Table 2: Ethiopia Tire Sales of Top Companies, By Volume, 2016-2022F (Million Unit)

Table 3: Ethiopia Tire Market Share, By Company, By Volume, 2016

Table 4: Ethiopia Passenger Car Tire Market Size, By Vehicle Type, By Volume, 2012-2016 & 2022F (Million Unit)

Table 5: Ethiopia Passenger Car Tire Sales of Top 5 Tire Suppliers, By Volume, 2016-2022F (Million Unit)

Table 6: Ethiopia Passenger Car Tire Market Share, By Company, By Volume, 2016

Table 7: Ethiopia Light Commercial Vehicle Tire Market Size, By Vehicle Type, By Volume, 2012-2016 & 2022F (Million Unit)

Table 8: Ethiopia Light Commercial Vehicle Tire Sales of Top 5 Tire Suppliers, By Volume, 2016-2022F

(Million Unit)

Table 9: Ethiopia Light Commercial Vehicle Tire Market Share, By Company, By Volume, 2016

Table 10: Ethiopia Medium & Heavy Commercial Vehicle Tire Market Size, By Vehicle Type, By Volume, 2012-2016 & 2022F (Million Unit)

Table 11: Ethiopia Medium & Heavy Commercial Vehicle Tire Sales of Top 5 Tire Suppliers, By Volume, 2016-2022F (Million Unit)

Table 12: Ethiopia Medium and Heavy Commercial Vehicle Tire Market Share, By Company, By Volume, 2016

Table 13: Ethiopia Two-wheeler Tire Market Size, By Vehicle Type, By Volume, 2012-2016 & 2022F (Million Unit)

Table 14: Ethiopia Two-wheeler Tire Sales of Top 3 Tire Suppliers, By Volume, 2016-2022F (Million Unit)

Table 15: Ethiopia Two-Wheeler Tire Market Share, By Company, By Volume, 2016

Table 16: Ethiopia OTR Tire Market Size, By Vehicle Type, By Volume, 2012-2016 & 2022F (Million Unit)

Table 17: Ethiopia OTR Tire Sales of Top 5 Suppliers, By Volume, 2016-2022F (Million Unit)

Table 18: Ethiopia OTR Tire Market Share, By Company, By Volume, 2016

Table 19: Ethiopia Tire Imports, By Vehicle Type, By Volume, 2011-2015 (Million Units)