A new chapter in the inner tube industry: How China seizes the high ground of automobile parts supply in the Middle East
With the rapid expansion of the Middle East automobile market, especially the continued rise in demand for inner Tubes for commercial vehicles and passenger cars, China's inner tube exports have ushered in unprecedented development opportunities. In the first half of 2024, China's inner tube exports to the Middle East reached approximately US$75 million, a year-on-year increase of 6.8%. It is expected that exports will exceed US$150 million in 2025, with an annual growth rate of 5-7%. Among them, Saudi Arabia, the United Arab Emirates and Iraq are the main growth markets, contributing significant export growth.
As a leading company in the inner tube industry, Fuchun Tyre provides a full range of high-quality inner tube products covering trucks, light trucks, cars and agricuLtural machinery with advanced manufacturing processes and strict quality control. Fuchun Tyre products are deeply favored by customers in the Middle East commercial vehicle and logistics industries for their excellent wear resistance and high cost performance, accounting for more than 40% of China's export share.
Data shows that the FOB price of TBR is usually between $8 and $12 per tube, while the FOB price of PCR inner tubes is between $3 and $6. Fuchun Tyre relies on advanced production technology and strict quality control to effectively control costs and ensure excellent cost-effectiveness and competitive advantages in the Middle East market.
Faced with the increasingly complex trade environment in the Middle East, Fuchun Tyre actively uses the Gulf Cooperation Council (GCC) Free Trade Agreement to reduce tariff burdens, and pays close attention to anti-dumping investigations in Egypt and other countries to ensure smooth export channels and safeguard customer interests. Fuchun Tyre adheres to the concept of "quality first, service first", continuously improves its R&D capabilities, and provides stable and reliable inner tube solutions for the Middle East market.
Looking ahead, with the continuous upgrading of infrastructure in the Middle East and the rapid popularization of new energy vehicles, We will continue to promote innovation, actively respond to market demand, and deepen partnerships with regional customers. This will enable China's inner tube industry to achieve high-quality growth and industrial upgrading in the region, and help the Middle East automotive industry transform to a smarter and more sustainable future.