India: Market for Machinery For Moulding Or Retreading Pneumatic Tyres 2025

Market Size for Machinery For Moulding Or Retreading Pneumatic Tyres in India

The Indian pneumatic tyre retreading machinery market plummeted to $X in 2022, which is down by -41.3% against the previous year. In general, consumption continues to indicate a deep reduction. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Machinery For Moulding Or Retreading Pneumatic Tyres in India

In value terms, pneumatic tyre retreading machinery production totaled $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 34%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Exports of Machinery For Moulding Or Retreading Pneumatic Tyres

Exports from India

In 2022, the amount of machinery for moulding or retreading pneumatic tyres exported from India skyrocketed to X units, increasing by 52% against the previous year. Over the period under review, exports showed a resilient expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 110%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, pneumatic tyre retreading machinery exports skyrocketed to $X in 2022. In general, exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2013 with an increase of 105% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units), Romania (X units) and Germany (X units) were the main destinations of pneumatic tyre retreading machinery exports from India, with a combined 62% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +83.7%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) emerged as the key foreign market for machinery for moulding or retreading pneumatic tyres exports from India, comprising 51% of total exports. The second position in the ranking was taken by Romania ($X), with a 12% share of total exports. It was followed by Germany, with an 8.2% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +30.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+30.9% per year) and Germany (+84.5% per year).

Export Prices by Country

In 2022, the average pneumatic tyre retreading machinery export price amounted to $X per unit, with a decrease of -7.2% against the previous year. Overall, the export price showed a perceptible reduction. The most prominent rate of growth was recorded in 2013 an increase of 153%. Over the period under review, the average export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Rwanda ($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 Sri Lanka (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery For Moulding Or Retreading Pneumatic Tyres

Imports into India

In 2022, the amount of machinery for moulding or retreading pneumatic tyres imported into India surged to X units, with an increase of 45% on 2021. In general, imports continue to indicate a modest expansion. The pace of growth was the most pronounced in 2019 with an increase of 154%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, pneumatic tyre retreading machinery imports rose rapidly to $X in 2022. Overall, imports showed resilient growth. The growth pace was the most rapid in 2019 when imports increased by 224%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

China (X units), the Netherlands (X units) and Malaysia (X units) were the main suppliers of pneumatic tyre retreading machinery imports to India, together accounting for 83% of total imports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +286.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of machinery for moulding or retreading pneumatic tyres to India, comprising 50% of total imports. The second position in the ranking was held by the Netherlands ($X), with an 18% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +26.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+12.0% per year) and Germany (+5.6% per year).

Import Prices by Country

The average pneumatic tyre retreading machinery import price stood at $X per unit in 2022, reducing by -27.2% against the previous year. Over the period under review, the import price, however, continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2013 an increase of 177%. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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