The European sold production of retreaded rubber tyres for buses and lorries in 2023 showed varied performance across countries. The United Kingdom led with €127.37 million, followed by Spain and Germany at €111.33 million and €103.41 million, respectively. Noticeable growth occurred in Denmark (15.11%), Spain (7.9%), and Lithuania (7.14%), while significant declines were seen in Greece (-11.78%) and Italy (-10.45%). Over the last five years, the region is characterized by moderately shifting demand, with varying performances indicating market instability in some nations.
Future trends to watch include increased environmental regulations possibly impacting retread production, advances in technology for tyre durability, and the shifting logistics demand potentially changing the market dynamics across Europe.
Top countries in Sold Production of Retreaded Rubber Tyres of a Kind Used on Buses and Lorries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 127,370,000 | 2023 | +0.23% | +1.9% | View data |
| 2 | 2 Spain | 111,330,000 | 2023 | +2.66% | +7.9% | View data |
| 3 | 3 Germany | 103,410,000 | 2023 | +0.088% | +2.75% | View data |
| 4 | 4 France | 60,658,000 | 2023 | -8.78% | -6.55% | View data |
| 5 | 5 Italy | 24,666,000 | 2023 | -19.8% | -10.45% | View data |
| 6 | 6 Poland | 24,658,000 | 2023 | +2.12% | +2.47% | View data |
| 7 | 7 Finland | 16,632,000 | 2023 | +2.94% | +0.46% | View data |
| 8 | 8 Norway | 14,454,000 | 2023 | +3.15% | +5.56% | View data |
| 9 | 9 Portugal | 13,986,000 | 2023 | -4.12% | -3.48% | View data |
| 10 | 10 Czechia | 10,396,000 | 2023 |
