Based on the actual and forecasted data, the import of solid or cushioned tyres and interchangeable treads to Viet Nam shows a steady year-on-year growth from 2024 to 2028. The actual import value in 2023 was 2.4012 million kilograms. The year-on-year variations indicate consistent growth: 4.12% from 2023 to 2024, 4.11% from 2024 to 2025, 3.87% from 2025 to 2026, 3.65% from 2026 to 2027, and 3.45% from 2027 to 2028. The compounded annual growth rate (CAGR) over the five-year period is approximately 3.84%.

Future trends to watch for:

Technological innovations in tyre manufacturing that could impact import volumes.
Changes in government policies and trade agreements affecting the import market.
Economic growth in Viet Nam, particularly in the automotive and construction sectors, driving demand.
Potential supply chain disruptions or improvements on a global scale.