Netherlands: Retreaded Pneumatic Tyre Market 2024

Retreaded Pneumatic Tyre Market Size in the Netherlands

In 2022, the Dutch retreaded pneumatic tyre market increased by 37% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption posted temperate growth. Retreaded pneumatic tyre consumption peaked in 2022 and is expected to retain growth in years to come.

Retreaded Pneumatic Tyre Production in the Netherlands

In value terms, retreaded pneumatic tyre production shrank to $X in 2022 estimated in export price. In general, production saw a noticeable curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 171% against the previous year. Retreaded pneumatic tyre production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Retreaded Pneumatic Tyre Exports

Exports from the Netherlands

Retreaded pneumatic tyre exports from the Netherlands declined markedly to X units in 2022, which is down by -35.2% against 2021 figures. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by 107% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, retreaded pneumatic tyre exports fell significantly to $X in 2022. Overall, exports recorded a noticeable shrinkage. The growth pace was the most rapid in 2015 when exports increased by 52%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X units) was the main destination for retreaded pneumatic tyre exports from the Netherlands, with a 44% share of total exports. Moreover, retreaded pneumatic tyre exports to the UK exceeded the volume sent to the second major destination, the United States (X units), threefold. Belgium (X units) ranked third in terms of total exports with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK totaled +24.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+1.6% per year) and Belgium (-9.5% per year).

In value terms, the largest markets for retreaded pneumatic tyre exported from the Netherlands were Germany ($X), the UK ($X) and France ($X), with a combined 55% share of total exports. Belgium, Italy, the United States, Georgia, Senegal, Angola, Libya and Suriname lagged somewhat behind, together comprising a further 13%.

Among the main countries of destination, Libya, with a CAGR of +33.3%, recorded 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, almost unchanged from the previous year. Overall, the export price, however, continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2015 when the average export price increased by 27% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Libya ($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 Italy (+24.4%), while the prices for the other major destinations experienced more modest paces of growth.

Retreaded Pneumatic Tyre Imports

Imports into the Netherlands

In 2022, overseas purchases of retreaded pneumatic tyres increased by 24% to X units, rising for the fourth year in a row after two years of decline. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by 112%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, retreaded pneumatic tyre imports fell significantly to $X in 2022. Overall, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 53%. As a result, imports reached the peak of $X, and then fell markedly in the following year.

Imports by Country

Germany (X units), Denmark (X units) and Belgium (X units) were the main suppliers of retreaded pneumatic tyre imports to the Netherlands, with a combined 84% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +237.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Belgium ($X) and Germany ($X) were the largest retreaded pneumatic tyre suppliers to the Netherlands, with a combined 69% share of total imports. The UK, Denmark, Sweden and Italy lagged somewhat behind, together accounting for a further 24%.

Denmark, with a CAGR of +204.2%, saw the highest growth rate of the value of imports, among 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, dropping by -41.5% against the previous year. In general, the import price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 127% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for Denmark ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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