In 2023, the import of used pneumatic tyres to the US stood at 56.8 million kilograms. Forecasted data indicates a steady increase in imports: 57.165 million kilograms in 2024, gradually rising to 58.57 million kilograms by 2028. This growth signifies a Compound Annual Growth Rate (CAGR) of approximately 0.7% over the five-year forecast period. The year-on-year increase averages around 0.6% to 0.7%, reflecting consistent market expansion.
Future trends to monitor include regulatory changes impacting imports, technological advancements in tyre recycling, and fluctuations in domestic tyre supply and demand. These factors could significantly influence market dynamics in the coming years.
