Dubai Tyre Trade Worth £729 million
Dubai’s direct tyre trade (both commercial and passenger car products) amounted to 4.15 billion UAE dirhams (£729 million, 773 million euros, US$1.13 billion) in 2007, according to the Gulf Daily News. Further growth is expected next year, the paper reported.
“Commercial tyres worth 1.1 billion (175 million, 186 million euros) dirhams for buses and lorries were imported to Dubai last year, mainly from Japan, China, and India,” said Automechanika Middle East senior show manager Michael Dehn, adding: “…Dubai consumes almost 64 per cent, re-exporting 36pc to Iran, Iraq, Saudi Arabia, and Africa. The commercial vehicle market is an essential industry in the UAE and an increase of 35 per cent is expected from this year to 2012.”