Ukrainian car tires market report

Ukrainian car tires market report

  • April 2016 •
  • 27 pages •
  • Report ID: 4339484 •
  • Format: PDF
The domestic market of tires offers the consumer a wide range of products. Over the last 7 years in Ukraine have been continuing market consolidation process, in which the main share of the tire market was owned by major distributors. Production capacities have been concentrated in one Ukrainian company for the last several years. The market is also rather attractive for importers, and in the nearest future one should expect a more fierce competition.

Nowadays the Ukrainian tires market can be described as a developed but struggling. The problems appear as the result of the geo-political and economic crisis. Devaluation of hryvnia caused growth of prices for imported tires which lead to significant decrease of demand, and the market fell by 25% in 2014 and 9% more in 2015. Along with cuts in demand caused by the reasons of Crimea annexation and military actions in Donbass an important amount of consumers switched to tires retread services.
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