The import of retreaded rubber tyres used on motor cars to the UK is forecasted to decline steadily from 2024 to 2028. In 2023, the import volume stood at X thousand items. Comparing 2023 to 2024, a decrease is anticipated, continuing with year-on-year reductions averaging a decline of around 4-6%. From 2024 to 2028, the compounded annual growth rate (CAGR) will imply a consistent downward trend in import volumes.
Future trends to watch for:
- Potential shifts in UK policies toward recycling and sustainability might influence demand for retreaded tyres.
- Technological advancements in tyre manufacturing could affect the need for imports.
- Changes in consumer preferences towards new versus retreaded tyres may impact future import levels.