Forecast: Sold Production of Rubber Tyres and Tubes in Germany

In 2023, Germany's sold production of rubber tyres and tubes stood at 3.096 billion euros. Based on forecasted data, a slight upward trend is observed from 2024 to 2028, with the value reaching 3.1296 billion euros. The annual year-on-year growth is around 0.2% to 0.3%, showcasing a stable but modest increase in market value. The compound annual growth rate (CAGR) over the forecasted period is approximately 0.17%, indicating consistent, albeit slow, growth in the sector.

Future trends to watch for include:

  • Technological advancements in tyre manufacturing processes that might enhance efficiency.
  • Increased demand for eco-friendly and sustainable tyre solutions.
  • The impact of global economic conditions and automotive industry shifts on production volumes.

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