Forecast: Import of New Pneumatic Tyres of Rubber for Bicycles to the US

The import of new pneumatic rubber tires for bicycles to the US is projected to grow steadily from 2024 to 2028, starting at $83.6 million and reaching $88.423 million. In 2023, the import value was approximately $82 million. The year-on-year growth ranges around 1.5%. The compound annual growth rate (CAGR) over the next five years is approximately 1.5%.

Future trends to watch for:

  • Growth in the popularity of bicycles as sustainable transport could bolster demand.
  • Technological advancements in rubber tire manufacturing could impact import shifts.
  • Potential policy changes affecting international trade or tariffs may alter future forecasts.

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