Austria: Retreaded Pneumatic Tyre Market 2024

Retreaded Pneumatic Tyre Market Size in Austria

The Austrian retreaded pneumatic tyre market surged to $X in 2022, jumping by 23% against the previous year. In general, consumption continues to indicate buoyant growth. Retreaded pneumatic tyre consumption peaked in 2022 and is likely to continue growth in years to come.

Retreaded Pneumatic Tyre Production in Austria

In value terms, retreaded pneumatic tyre production surged to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 123% against the previous year. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Retreaded Pneumatic Tyre Exports

Exports from Austria

In 2022, overseas shipments of retreaded pneumatic tyres were finally on the rise to reach X units after two years of decline. Overall, exports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2019 with an increase of 44%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, retreaded pneumatic tyre exports declined sharply to $X in 2022. In general, exports, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2016 when exports increased by 37% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for retreaded pneumatic tyre exports from Austria, with a 71% share of total exports. Moreover, retreaded pneumatic tyre exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X units), sevenfold. The third position in this ranking was held by Poland (X units), with a 5.1% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at +3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-7.8% per year) and Poland (+33.7% per year).

In value terms, Germany ($X) remains the key foreign market for retreaded pneumatic tyres exports from Austria, comprising 55% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a 13% share of total exports. It was followed by Poland, with a 6.8% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to -12.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-3.1% per year) and Poland (+20.3% per year).

Export Prices by Country

In 2022, the average retreaded pneumatic tyre export price amounted to $X per unit, shrinking by -33.7% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 45% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uganda ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+62.8%), while the prices for the other major destinations experienced more modest paces of growth.

Retreaded Pneumatic Tyre Imports

Imports into Austria

Retreaded pneumatic tyre imports into Austria skyrocketed to X units in 2022, growing by 26% against the previous year. In general, imports showed a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 165%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, retreaded pneumatic tyre imports expanded rapidly to $X in 2022. Overall, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 140% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Germany (X units) constituted the largest retreaded pneumatic tyre supplier to Austria, with a 45% share of total imports. Moreover, retreaded pneumatic tyre imports from Germany exceeded the figures recorded by the second-largest supplier, Denmark (X units), threefold. The Netherlands (X units) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+179.1% per year) and the Netherlands (+92.0% per year).

In value terms, Germany ($X) constituted the largest supplier of retreaded pneumatic tyres to Austria, comprising 51% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 12% share of total imports. It was followed by Denmark, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+76.6% per year) and Denmark (+170.0% per year).

Import Prices by Country

In 2022, the average retreaded pneumatic tyre import price amounted to $X per unit, declining by -12% against the previous year. Overall, the import price recorded a mild downturn. The growth pace was the most rapid in 2020 when the average import price increased by 82%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Denmark ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+21.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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