In 2023, the re-import of new pneumatic tyres of rubber for motorcycles to China stood at a lower value than forecasted figures for 2024. Forecasts show a year-on-year increase of approximately 4.5% from 2024 to 2025 and a stable growth rate of roughly 3.99% through 2028. The compound annual growth rate (CAGR) over the forecast period from 2024 to 2028 is expected to be around 3.95%.
Future trends to watch for:
- Growth in China's motorcycle market, potentially driven by rising consumer demand for personal transport and premium motorcycle brands.
- Impact of technological advancements in tyre manufacturing on re-import volumes.
- Shifts in trade policies or tariffs that could influence re-import cost structures.