In 2023, the re-import of used pneumatic tyres to the UK stood at a certain value not specified here, providing a base reference for future forecasts. From 2024 to 2028, there is a steady predicted increase in the re-imports, demonstrating a year-on-year growth trajectory. The re-import volume starts at 411.63 and progresses to 477.66 thousand kilograms by 2028, indicating a consistent rise.
The average growth rate per year, or CAGR, over this five-year period would highlight the gradual uptick trend. Important future trends to monitor include:
- Fluctuations in international trade policies affecting tyre imports
- Changes in the UK’s domestic policies regarding recycling and waste management
- Technological advancements in tyre manufacturing and remanufacturing reducing re-import needs
- Shifts in consumer preferences toward sustainable products that may impact demand
