In 2023, the import volume of new pneumatic tyres of rubber for aircraft to the UK stood at 1.204 million kilograms. Forecast data from 2024 to 2028 indicate steady growth. There is a year-on-year increase of approximately 0.68% in 2024, followed by similar annual growth through to 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) is expected to be around 0.65%, reflecting modest but consistent market expansion.
Future trends to watch for:
- Technological advancements in aircraft tyre design, potentially impacting import demand.
- Changes in aviation regulations that could affect tyre specifications and import levels.
- Economic factors influencing aviation sector growth, including fluctuations in airline operational demands.