In 2023, Germany imported 130.85 million rubber tyres and tubes. The forecast for the subsequent years shows a steady increase: 134.47 million in 2024, 138.0 million in 2025, 141.49 million in 2026, 144.95 million in 2027, and 148.38 million in 2028. This indicates a consistent growth trend in the import volume of rubber tyres and tubes in Germany.
Year-on-year variations:
- 2024: +2.76%
- 2025: +2.62%
- 2026: +2.53%
- 2027: +2.45%
- 2028: +2.36%
The Compound Annual Growth Rate (CAGR) over the five-year period is approximately 2.54%, demonstrating a stable upward trajectory in imports.
Future trends to watch for: Continue monitoring environmental regulations which might influence the market dynamics. Increased focus on sustainable and eco-friendly tyres could shift the demand patterns. Moreover, advancements in electric vehicle technology and its adoption rate could significantly impact the tyre industry. Tracking economic indicators and raw material prices would also be crucial in anticipating any shifts in the import volume and value.
