The re-import of new pneumatic rubber tires for motorcycles into China is projected to grow steadily from 2024 to 2028. From 2024 onward, the import value rises from 7.25 thousand, reaching 8.0 thousand by 2028. This trend shows a consistent increase in percentage terms, indicating a healthy year-on-year growth. Additionally, the compound annual growth rate (CAGR) demonstrates a stable average annual growth over this five-year period.
Future trends to watch for include:
- Potential shifts in global rubber supply chains affecting cost dynamics.
- Technological advancements in tire manufacturing boosting demand.
- Government policies in China regarding imports and environmental concerns.
- Changes in domestic motorcycle sales or production impacting tire demand.
