France: Retreaded Pneumatic Tyre Market 2024

Retreaded Pneumatic Tyre Market Size in France

The French retreaded pneumatic tyre market fell to $X in 2022, reducing by -12.8% against the previous year. In general, consumption showed a noticeable descent. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Retreaded Pneumatic Tyre Production in France

In value terms, retreaded pneumatic tyre production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a dramatic decrease. Retreaded pneumatic tyre production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Retreaded Pneumatic Tyre Exports

Exports from France

Retreaded pneumatic tyre exports from France surged to X units in 2022, increasing by 29% compared with the previous year. In general, exports, however, recorded a relatively flat trend pattern. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, retreaded pneumatic tyre exports expanded sharply to $X in 2022. Overall, exports, however, recorded a noticeable contraction. The pace of growth was the most pronounced in 2017 when exports increased by 16%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X units), Germany (X units) and the Netherlands (X units) were the main destinations of retreaded pneumatic tyre exports from France, together comprising 61% of total exports. The Dominican Republic, Cote d'Ivoire, Switzerland, the UK and Spain lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the biggest increases were recorded for the Dominican Republic (with a CAGR of +55.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and the Netherlands ($X) were the largest markets for retreaded pneumatic tyre exported from France worldwide, with a combined 68% share of total exports. Switzerland, Spain, the UK, the Dominican Republic and Cote d'Ivoire lagged somewhat behind, together accounting for a further 17%.

Among the main countries of destination, the Dominican Republic, with a CAGR of +51.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average retreaded pneumatic tyre export price stood at $X per unit in 2022, reducing by -14.9% against the previous year. Overall, the export price continues to indicate a mild reduction. The growth pace was the most rapid in 2015 an increase of 20%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to the Dominican Republic ($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 Spain (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.

Retreaded Pneumatic Tyre Imports

Imports into France

In 2022, overseas purchases of retreaded pneumatic tyres decreased by -7.4% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2014 with an increase of 53% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then dropped in the following year.

In value terms, retreaded pneumatic tyre imports fell slightly to $X in 2022. In general, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +13.6% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 37% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X units), Spain (X units) and the UK (X units) were the main suppliers of retreaded pneumatic tyre imports to France, together comprising 93% of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +16.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest retreaded pneumatic tyre suppliers to France were Germany ($X), Spain ($X) and the UK ($X), with a combined 92% share of total imports.

Spain, with a CAGR of +14.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average retreaded pneumatic tyre import price stood at $X per unit in 2022, surging by 2.8% against the previous year. In general, the import price, however, continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2015 when the average import price increased by 16%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 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 the UK ($X per unit), while the price for Portugal ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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