Report Update Nov 1, 2024

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

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Saudi Arabia: Retreaded Pneumatic Tyre Market 2024

Retreaded Pneumatic Tyre Market Size in Saudi Arabia

The Saudi retreaded pneumatic tyre market totaled $X in 2022, standing approx. at the previous year. Over the period under review, the total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +33.6% against 2018 indices. Over the period under review, the market reached the maximum level in 2022 and is likely to see gradual growth in the near future.

Retreaded Pneumatic Tyre Production in Saudi Arabia

In value terms, retreaded pneumatic tyre production amounted to $X in 2022 estimated in export price. Overall, production posted a resilient increase. The growth pace was the most rapid in 2015 when the production volume increased by 48% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Retreaded Pneumatic Tyre Exports

Exports from Saudi Arabia

In 2022, approx. X units of retreaded pneumatic tyres were exported from Saudi Arabia; dropping by -22.2% on the previous year. Overall, exports recorded a precipitous contraction. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, retreaded pneumatic tyre exports skyrocketed to $X in 2022. Over the period under review, exports, however, enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Austria (X units) was the main destination for retreaded pneumatic tyre exports from Saudi Arabia, accounting for a 44% share of total exports. Moreover, retreaded pneumatic tyre exports to Austria exceeded the volume sent to the second major destination, the Philippines (X units), sixfold.

From 2020 to 2022, the average annual growth rate of volume to Austria was relatively modest.

In value terms, the Philippines ($X) emerged as the key foreign market for retreaded pneumatic tyres exports from Saudi Arabia, comprising 36% of total exports. The second position in the ranking was held by Austria ($X), with a 14% share of total exports.

From 2020 to 2022, the average annual growth rate of value to the Philippines was relatively modest.

Export Prices by Country

The average retreaded pneumatic tyre export price stood at $X per unit in 2022, increasing by 244% against the previous year. In general, the export price enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 an increase of 468% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

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 the Philippines ($X per unit), while the average price for exports to Austria stood at $X per unit.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for retreaded pneumatic tyres in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 51% of global consumption. Japan, Pakistan, Germany, Brazil, Indonesia, the UK, France, Italy and South Korea lagged somewhat behind, together comprising a further 25%.

What are the largest producers of retreaded pneumatic tyres in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 51% of global production.

What are the leading suppliers of retreaded pneumatic tyres to Saudi Arabia?

In value terms, China, Belgium and the UK constituted the largest retreaded pneumatic tyre suppliers to Saudi Arabia, with a combined 71% share of total imports. These countries were followed by Italy, the United States, India and Greece, which together accounted for a further 21%.

What are the leading importers of retreaded pneumatic tyres from Saudi Arabia?

In value terms, the UK, the Philippines and Afghanistan constituted the largest markets for retreaded pneumatic tyre exported from Saudi Arabia worldwide, together accounting for 89% of total exports.

What is the average export price for retreaded pneumatic tyres in Saudi Arabia?

In 2021, the average retreaded pneumatic tyre export price amounted to $4,875 per ton, dropping by -17.2% against the previous year.

What is the average import price for retreaded pneumatic tyres in Saudi Arabia?

The average retreaded pneumatic tyre import price stood at $3,116 per ton in 2021, shrinking by -11.6% against the previous year.

This report provides an in-depth analysis of the retreaded pneumatic tyre market in Saudi Arabia. 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:

Saudi Arabia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Saudi Arabia
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