The data on sold production of retreaded rubber pneumatic tyres in Finland from 2013 to 2023 shows significant fluctuations. The highest value was recorded in 2014 with 93.22 thousand items, while the lowest point was reached in 2017 with 53.36 thousand items. The most recent actual data, from 2023, indicates a relatively stable production value of 73.34 thousand items. The year-on-year variation in 2023 was 0.29%, and the five-year compound annual growth rate (CAGR) from 2018 to 2023 is -0.2%, suggesting a relatively stable but slightly declining trend.
Future trends show a modest projected growth. From 2024 onwards, the production is expected to increase steadily, with forecasts indicating a value of 74.35 thousand items by 2028. The forecasted five-year CAGR from 2024 to 2028 is 0.22%, reflecting a slow but positive growth trajectory.
Future trends to watch for:
- Market demand fluctuations influenced by economic conditions.
- Technological advancements in tyre retreading processes.
- Environmental regulations affecting production methods and costs.
- Competition from new tyre production and alternative materials.
- Changes in raw material prices impacting production costs.
