Throughout the last decade, the production of retreaded rubber tyres in Italy has seen significant fluctuation. The value in 2023 stood at 10.142 million euros, showing a positive year-on-year increase of 12.22% from 2022. From 2013 to 2018, the trend was generally downward, hitting lows in 2016 and 2018. However, there was notable recovery in 2019 and a striking spike in 2021. The last two years saw an oscillating pattern with a sharp decline in 2022 and a modest rise in 2023. The five-year CAGR from 2018 to 2023 was roughly 3.63%, indicating a gradual recovery.
Looking forward, the forecast data suggests a continued increase, albeit at a slower pace, with a five-year CAGR projected at 3.63% and cumulative growth of 19.51% by 2028. Future trends to watch for include advancements in tyre retreading technology, environmental regulations pushing for sustainable practices, and fluctuating raw material costs impacting production volume and value.
