The import of new pneumatic tyres of rubber for motor cars to France was valued at 46.1 million in 2023. The forecasted value for 2024 is 46.224 million, marking a modest 0.27% year-on-year increase. This gradual upward trend continues with anticipated values of 46.421 million, 46.614 million, 46.803 million, and 46.989 million for 2025 through 2028, respectively. The compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 is projected at approximately 0.38%, indicating a stable yet slow growth trajectory in the import market for these tyres.
Future trends to watch for include:
- Impact of global rubber supply and price fluctuations on import values.
- Advancements in tyre technology potentially influencing demand for imports.
- Regulatory changes in the automotive industry that may affect importation levels.
- Shifting consumer preferences towards sustainable and energy-efficient tyre options.