Chinese tyre makers off-shoring in Southeast Asia

5th July 2018 | 0 Comments
 
Chinese tyre makers off-shoring in Southeast Asia
Thailand is one of the three most popular locations of Chinese tyre manufacturer off-shoring plans

At the end of May, anti-Chinese truck tyre tariffs were implemented. They included nominal (as opposed to percentage) tariffs at levels that surprised many. As a result, supply shortages and challenges at distributors were predicted. Shuttering of some of the lowest cost Chinese tyremakers is also expected. However, speaking to affected firms during the recent Tire Cologne reveals that many are already prepared to source tyres elsewhere. Indeed, the largest manufacturers have been off-shoring for some time. As a result, virtually all the leading Chinese tyre manufacturers already have non-Chinese tyre production in place. Let’s take a look at who’s got what.

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