The United Arab Emirates leads the global export market for used pneumatic tires, with a significant growth of 6.44% in 2023. Japan follows with moderate growth, while European countries like the Netherlands and Germany show slight declines. Emerging markets such as Colombia and Belarus are exhibiting rapid growth rates, indicating their increasing importance in the market.
Future trends to watch include the continued rise of Asian markets such as China and Malaysia, who are experiencing steady increases. Additionally, Africa is showing potential with Madagascar and Kenya's increasing engagements. The sector could experience shifts with advancements in tire recycling technologies and circular economy initiatives.
Top countries in Export of Used Pneumatic Tyres Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Arab Emirates | 22.21 | 2023 | +1.24% | +6.44% | View data |
| 2 | 2 Japan | 18.71 | 2023 | -0.2% | +1.6% | View data |
| 3 | 3 Netherlands | 7.69 | 2023 | -2.69% | -2.67% | View data |
| 4 | 4 Germany | 7.32 | 2023 | -1.53% | -1.26% | View data |
| 5 | 5 France | 6.11 | 2023 | +0.079% | -0.94% | View data |
| 6 | 6 Belgium | 5.94 | 2023 | +3.98% | +3.36% | View data |
| 7 | 7 United States | 5.05 | 2023 | -1.4% | -1.82% | View data |
| 8 | 8 China | 3.81 | 2023 | +5.02% | +3.52% | View data |
| 9 | 9 Spain | 3.53 | 2023 | +1.93% | +1.37% | View data |
| 10 | 10 Italy | 2.67 | 2023 | +1.13% | +0.83% | View data |
