As of 2023, the re-import of new pneumatic tyres of rubber for motor cars to the UK was assessed at 20.0 thousand kilograms. The forecasts from 2024 to 2028 show a declining trend, with values dropping from 17.64 thousand kilograms in 2024 to 6.46 thousand kilograms by 2028. In 2025, the predicted drop is 16.3% from the previous year, followed by a further decrease of 19.1% in 2026. The five-year compound annual growth rate indicates an average annual decrease of around 16.4%. This downward trajectory suggests a shrinking reliance on re-imported new rubber tyres.
Future trends to watch for include:
- Changes in UK automotive manufacturing and assembly operations that might affect tyre demand.
- Potential geopolitical influences on trade agreements affecting tyre imports.
- Environmental regulations and policies pushing for more sustainable tyre solutions, possibly impacting re-import volumes.
- Technological advancements in tyre production potentially reducing need for re-imports.