The import of new pneumatic rubber tyres for motorcycles into the US is projected to steadily decline from 2024 to 2028, decreasing from approximately 20.982 million kilograms to 19.948 million kilograms. This forecasted decline represents a continuous year-on-year decrease, with a compound annual growth rate (CAGR) showing a slight contraction over the five-year period. In 2023, the import stood higher than projected for subsequent years, indicating a downward trajectory from actual to forecasted data.
Future trends to watch for:
- Potential shifts in consumer preferences towards electric motorcycles, influencing tyre demand.
- Technological advancements might enhance tyre durability, decreasing replacement frequency.
- Trade policies and tariffs can affect import volumes significantly.
