The 2023 data showed the United Kingdom leading with a 23.8% share in the European production of retreaded rubber tyres for buses and lorries, followed by Spain and Germany at 20.81% and 19.33%, respectively. France and Italy experienced a decline in production shares by -6.55% and -10.45%, while Romania saw a notable increase of 8.57%. Denmark had significant growth at 15.11%, highlighting its potential market expansion. Over a five-year period, countries like Spain and Romania have shown robust growth trends, while Greece and Italy face challenges with consistent declines.
Looking forward, the rising importance of sustainability could expand the market for retreaded tyres in Europe, potentially benefitting markets like Spain and Denmark that are growing rapidly. Monitoring technological advancements and regulatory impacts on retreading operations will be key to understanding future market dynamics.
Top countries in Sold Production of Retreaded Rubber Tyres of a Kind Used on Buses and Lorries Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 23.8 | 2023 | +0.23% | +1.9% | View data |
| 2 | 2 Spain | 20.81 | 2023 | +2.66% | +7.9% | View data |
| 3 | 3 Germany | 19.33 | 2023 | +0.088% | +2.75% | View data |
| 4 | 4 France | 11.34 | 2023 | -8.78% | -6.55% | View data |
| 5 | 5 Italy | 4.61 | 2023 | -19.8% | -10.45% | View data |
| 6 | 6 Poland | 4.61 | 2023 | +2.12% | +2.47% | View data |
| 7 | 7 Finland | 3.11 | 2023 | +2.94% | +0.46% | View data |
| 8 | 8 Norway | 2.7 | 2023 | +3.15% | +5.56% | View data |
| 9 | 9 Portugal | 2.61 | 2023 | -4.12% | -3.48% | View data |
| 10 | 10 Czechia | 1.94 | 2023 |
