tire industry

Serbia’s Tire Industry Shows Resilience Amid Market Concentration

The tire manufacturing sector in Serbia continues to demonstrate robust profitability and a strong export performance, despite a market landscape dominated by a few key players. This industry has emerged as a significant component of the country’s automotive-related exports, establishing critical links to European automotive supply chains and meeting demand for replacement tires. The structure of the tire industry mirrors Serbia's broader industrial framework, characterized by large foreign-owned firms that dominate production, export activities, and employment. In contrast, smaller and…