The import of new pneumatic tyres of rubber for motorcycles and bicycles to Germany is forecasted to increase steadily from 2024 through 2028, reaching 21.217 million items. In 2023, the imports stood at 20.222 million items. The annual growth rate is modest, about 1% year-on-year, reflecting stability and a consistent upward trajectory in this market segment. The CAGR from 2023 to 2028 is approximately 0.9%, illustrating a steady but slow expansion.
Future trends to watch for:
- Advancements in tire technology leading to potential shifts in market demand.
- Environmental regulations influencing tire production and imports.
- Changes in consumer preferences towards sustainable and performance-enhancing products.
- Geopolitical and economic factors impacting trade relationships and costs.