The forecast for the import of new pneumatic rubber tyres for buses or lorries with a load index less than 121 to the UK shows a slight decreasing trend from 2024 to 2028. In 2023, the value stood at 1.494 million items, indicating stability in the market. The year-on-year variation from 2024 to 2025 is marginally negative, and this gradual decline continues into 2028. The Compound Annual Growth Rate (CAGR) over these five years reflects a very slight downtrend, implying minimal fluctuations in demand or market conditions.
Future trends to watch for include potential shifts in transportation industry dynamics, such as the increased adoption of electric and autonomous vehicles, which may influence tyre specifications and demand, along with regulatory changes affecting the import of automotive components.
- Minimal year-on-year decrease from 2024 to 2028
- Stable market with slight downward CAGR over five years
- Watch for technological advancements and regulatory shifts impacting tyre demand
