Northern America: Market for Machinery For Moulding Or Retreading Pneumatic Tyres 2025

Market Size for Machinery For Moulding Or Retreading Pneumatic Tyres in Northern America

In 2022, after two years of decline, there was growth in the North American pneumatic tyre retreading machinery market, when its value increased by 0.2% to $X. Overall, consumption showed a modest increase. The growth pace was the most rapid in 2016 when the market value increased by 2.2% against the previous year. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Machinery For Moulding Or Retreading Pneumatic Tyres in Northern America

In value terms, pneumatic tyre retreading machinery production amounted to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 1.9% against the previous year. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Machinery For Moulding Or Retreading Pneumatic Tyres

Exports in Northern America

Pneumatic tyre retreading machinery exports shrank to X units in 2022, which is down by -13.4% compared with the year before. In general, exports showed a perceptible decline. The most prominent rate of growth was recorded in 2018 when exports increased by 183%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, pneumatic tyre retreading machinery exports contracted sharply to $X in 2022. Over the period under review, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2018 with an increase of 219%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States dominates exports structure, finishing at X units, which was near 98% of total exports in 2022. Canada (X units) held a minor share of total exports.

The United States was also the fastest-growing in terms of the machinery for moulding or retreading pneumatic tyres exports, with a CAGR of -4.2% from 2012 to 2022. Canada (-5.3%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest pneumatic tyre retreading machinery supplier in Northern America, comprising 93% of total exports. The second position in the ranking was held by Canada ($X), with a 6.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to -7.6%.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per unit, with a decrease of -13.8% against the previous year. Overall, the export price recorded a noticeable slump. The most prominent rate of growth was recorded in 2020 when the export price increased by 22% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the United States stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+2.8%).

Imports of Machinery For Moulding Or Retreading Pneumatic Tyres

Imports in Northern America

In 2022, after four years of decline, there was significant growth in supplies from abroad of machinery for moulding or retreading pneumatic tyres, when their volume increased by 37% to X units. Over the period under review, imports, however, recorded a perceptible decline. The growth pace was the most rapid in 2017 with an increase of 232%. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, pneumatic tyre retreading machinery imports reduced to $X in 2022. In general, imports, however, continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2014 with an increase of 70%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Canada (X units) and the United States (X units) represented roughly 99% of total imports in 2022.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Canada (with a CAGR of +33.6%).

In value terms, the United States ($X) constitutes the largest market for imported machinery for moulding or retreading pneumatic tyres in Northern America, comprising 92% of total imports. The second position in the ranking was taken by Canada ($X), with a 7.5% share of total imports.

In the United States, pneumatic tyre retreading machinery imports declined by an average annual rate of -5.0% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per unit, shrinking by -30.7% against the previous year. Overall, the import price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2021 when the import price increased by 77% against the previous year. The level of import peaked at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per unit), while Canada amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.2%).

Source: IndexBox Platform

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