The United States leads as the top importer of retreaded or used pneumatic tyres, with a market value of $368.99 million in 2023. Germany and the Netherlands follow, importing $209.98 million and $146.45 million, respectively. The top five importers also include France, and Canada. Over the past two years, the market saw significant fluctuations with a substantial year-on-year increase in countries like the United States and Germany. The Compound Annual Growth Rate (CAGR) over the last five years indicates steady growth, driven by these major economies.
Looking ahead, increasing demand for environmentally sustainable and cost-effective solutions is anticipated to propel market expansion. Emerging economies, alongside advancements in recycling technology, may shift import patterns, influencing future industry dynamics.
Top countries in Top Importers of Retreaded or Used Pneumatic Tyres of Rubber
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 United States | 368.99 | 2016 | |
| 2 | 2 Germany | 209.98 | 2016 | |
| 3 | 3 Netherlands | 146.45 | 2016 | |
| 4 | 4 France | 141.81 | 2016 | |
| 5 | 5 Canada | 93.13 | 2016 | |
| 6 | 6 United Kingdom | 80.26 | 2016 | |
| 7 | 7 China | 79.45 | 2016 | |
| 8 | 8 Belgium | 72.56 | 2016 | |
| 9 | 9 Afghanistan | 71.99 | 2016 | |
| 10 | 10 Italy | 65.91 | 2016 |
