Report Update Nov 1, 2024

Nepal - Retreaded Pneumatic Tyres - Market Analysis, Forecast, Size, Trends and Insights

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Nepal: Retreaded Pneumatic Tyre Market 2024

Retreaded Pneumatic Tyre Market Size in Nepal

The Nepalese retreaded pneumatic tyre market surged to $X in 2022, increasing by 58% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted modest growth. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Retreaded Pneumatic Tyre Exports

Exports from Nepal

In 2018, approx. X units of retreaded pneumatic tyres were exported from Nepal; stabilizing at the previous year's figure. In general, exports recorded buoyant growth. The smallest decline of -80% was in 2014. Over the period under review, the exports attained the peak figure in 2018 and are likely to see steady growth in years to come.

In value terms, retreaded pneumatic tyre exports amounted to $X in 2018. Overall, exports posted a significant expansion. The smallest decline of -31.2% was in 2014. Over the period under review, the exports reached the maximum in 2018 and are expected to retain growth in the near future.

Exports by Country

Zambia (X units) was the main destination for retreaded pneumatic tyre exports from Nepal, accounting for a 89% share of total exports. Moreover, retreaded pneumatic tyre exports to Zambia exceeded the volume sent to the second major destination, Gambia (X units), eightfold.

From 2013 to 2018, the average annual rate of growth in terms of volume to Zambia was relatively modest.

From 2013 to 2018, the average annual growth rate of value to Zambia was relatively modest.

Export Prices by Country

The average retreaded pneumatic tyre export price stood at $X per unit in 2018, almost unchanged from the previous year. Over the period under review, the export price posted a significant increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 244% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2018, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, amid the top suppliers, the country with the highest price was Zambia ($X per unit), while the average price for exports to Gambia stood at $X per unit.

From 2013 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to India (+244.2%).

Retreaded Pneumatic Tyre Imports

Imports into Nepal

In 2022, the amount of retreaded pneumatic tyres imported into Nepal skyrocketed to X units, increasing by 80% on 2021 figures. In general, imports showed resilient growth. The pace of growth was the most pronounced in 2013 when imports increased by 126%. Imports peaked at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, retreaded pneumatic tyre imports expanded notably to $X in 2022. Over the period under review, imports, however, continue to indicate a pronounced setback. The growth pace was the most rapid in 2016 with an increase of 82%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, India (X units) constituted the largest retreaded pneumatic tyre supplier to Nepal, with a 86% share of total imports. Moreover, retreaded pneumatic tyre imports from India exceeded the figures recorded by the second-largest supplier, China (X units), sixfold.

From 2012 to 2022, the average annual growth rate of volume from India stood at +3.9%.

In value terms, India ($X) constituted the largest supplier of retreaded pneumatic tyres to Nepal, comprising 66% of total imports. The second position in the ranking was held by China ($X), with a 4.7% share of total imports.

From 2012 to 2022, the average annual growth rate of value from India stood at -6.2%.

Import Prices by Country

In 2022, the average retreaded pneumatic tyre import price amounted to $X per unit, which is down by -36.2% against the previous year. Over the period under review, the import price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 an increase of 101%. The import price peaked 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 India ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-9.7%).

Source: IndexBox Platform

This report provides an in-depth analysis of the retreaded pneumatic tyre market in Nepal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22112030 - Retreaded tyres of rubber of a kind used on motor cars
Prodcom 22112050 - Retreaded tyres of rubber of a kind used on buses and lorries
Prodcom 22112090 - Retreaded tyres of rubber (including of a kind used on aircraft, excluding of a kind used on motor cars, buses or lorries)

Country coverage:

Nepal

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Nepal
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023