The sold production of retreaded rubber pneumatic tyres in Finland has shown significant fluctuation between 2013 and 2023. The values have ranged from a low of €11.454 million in 2017 to a high of €20.435 million in 2014. Despite these fluctuations, the past few years have shown relative stability, with 2023 seeing a value of €17.225 million, almost identical to the previous year.
Key trends identified are:
- The year-on-year variation was highly volatile, with notable peaks in 2014 at 60.54% and 2018 at 45.88%, and significant drops in 2017 at -41.38% and 2015 at -20.61%.
- From 2018 to 2023, the compound annual growth rate (CAGR) remained modest but positive, reflecting a more stable market environment.
- The period from 2024 to 2028 is projected to have a low but stable CAGR of 0.12%, indicating a slow yet steady market growth.
Future trends to watch for include the impact of technological advancements in tyre retreading and materials, as well as the effect of environmental regulations and sustainability trends on the market. Additionally, economic conditions and automotive industry developments within Finland and the broader international market will play a significant role in shaping future growth.
