In 2023, Italy dominated the European export market for retreaded rubber tyres used on buses and lorries, with a significant share of 70.56%. The Netherlands, Germany, and Spain followed with shares of 7.3%, 6.91%, and 6.54% respectively. Collectively, these four countries contributed to the majority of exports in this category.
Year-on-year variations indicate a robust growth for Italy, with an 80.6% increase, while the Netherlands saw the most substantial jump at 77.66%. Despite minor growths in Germany and Spain, other countries such as Finland and Croatia experienced significant declines of -33.13% and -26.86%, respectively. Over five years, a notable CAGR was observed in growing markets, signifying shifts in production or demand dynamics.
Future trends to watch include the potential for increased competition as countries with minor shares develop their retreading capabilities. Additionally, environmental regulations and innovations in retreading technology are likely to drive market shifts, with potential consolidation among key players, adapting to sustainable transport solutions.
Top countries in Export of Retreaded Rubber Tyres of a Kind Used on Buses and Lorries Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 70.56 | 2023 | -0.75% | +80.6% | View data |
| 2 | 2 Netherlands | 7.3 | 2023 | +35.32% | +77.66% | View data |
| 3 | 3 Germany | 6.91 | 2023 | +6.32% | +2.88% | View data |
| 4 | 4 Spain | 6.54 | 2023 | +18.61% | +4.54% | View data |
| 5 | 5 Hungary | 2.12 | 2023 | +5.68% | +5.89% | View data |
| 6 | 6 Portugal | 1.19 | 2023 | -5.14% | -1.94% | View data |
| 7 | 7 Poland | 0.95 | 2023 | +0.99% | +2.1% | View data |
| 8 | 8 Belgium | 0.78 | 2023 | +1.58% | +3.27% | View data |
| 9 | 9 Denmark | 0.56 | 2023 | -1.08% | +24.4% | View data |
| 10 | 10 Sweden | 0.47 | 2023 | -0.39% | +0.83% | View data |
