The import of retreaded or used pneumatic tyres of rubber to France is projected to increase steadily from 2024 through 2028, starting from $210.04 million in 2024 and reaching $227.1 million by 2028. This represents a consistent growth trajectory with an average annual growth rate (CAGR) observed over this period. Year-on-year growth rates are positive, highlighting a stable increase in import values.
In 2023, the value of imported tyres stood significantly lower in comparison to the forecasted values, marking a recovery and growing demand.
Future trends to watch include:
- Technological advancements in tyre recycling impacting import volumes.
- Changes in environmental regulations influencing trade patterns.
- The potential impact of economic policies and trade agreements on import dynamics.
