Saudi tire sales will reach 10 billion US dollars

According to reports, a research organization called Tech Sci recently released a report predicting that by 2014, Saudi tire sales will reach 10 billion US dollars.

At present, Saudi tires are mainly composed of three parts: OEM, replacement, export and re-export.

Saudi second-hand car market reached 800 million U.S. dollars in 2010, becoming a strong driving force for replacement demand; and the large number of tires needed to assemble trucks are mainly provided by OEMs; Saudi Arabia is a member of the Arab countries and the global trade Important area of ​​export.

The Saudi tire market has attracted many international brands - 60 international tire brands have been sold here. With the continuous increase in population and per capita GDP, Saudi Arabia will become the fastest growing country in terms of tire demand in Arab countries.

The region currently imports 13 million tires each year and is still growing rapidly.