Report Update: May 1, 2024

Finland - Retreaded Pneumatic Tyres - Market Analysis, Forecast, Size, Trends And Insights

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Retreaded Pneumatic Tyre Price in Finland - 2023

Retreaded Pneumatic Tyre Price in Finland (CIF) - 2023

In July 2023, the average retreaded pneumatic tyre import price amounted to $73.9 per unit, dropping by -36.2% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 69% month-to-month. The import price peaked at $144 per unit in September 2022; however, from October 2022 to July 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($207 per unit), while the price for Romania ($15.1 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Retreaded Pneumatic Tyre Price in Finland (FOB) - 2022

The average retreaded pneumatic tyre export price stood at $268 per unit in 2022, increasing by 190% against the previous year. In general, the export price continues to indicate a resilient expansion. The growth pace was the most rapid in 2018 an increase of 196% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($627 per unit), while the average price for exports to Gambia ($5.9 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 Guinea (+591.7%), while the prices for the other major destinations experienced more modest paces of growth.

Retreaded Pneumatic Tyre Imports in Finland

In 2022, overseas purchases of retreaded pneumatic tyres decreased by -1.1% to 60K units for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +18.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 57%. As a result, imports reached the peak of 61K units, and then shrank slightly in the following year.

In value terms, retreaded pneumatic tyre imports expanded sharply to $9.4M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 46%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Import of Retreaded Pneumatic Tyre in Finland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	3,442	3,781	3,971	3,996	5.1%
Estonia	1,036	809	1,167	1,703	18.0%
United Kingdom	76.1	37.8	909	1,080	142.1%
Netherlands	16.6	2.4	631	974	288.6%
Germany	675	523	659	667	-0.4%
Romania	51.9	53.1	N/A	299	79.3%
Denmark	0.4	34.5	269	214	711.8%
Spain	3.6	5.5	283	114	216.4%
Poland	126	160	27.8	6.9	-62.0%
Others	273	481	677	334	7.0%
Total	5,699	5,888	8,594	9,388	18.1%

Top Suppliers of Retreaded Pneumatic Tyre to Finland in 2022:

Sweden (21.9K units)
United Kingdom (18.8K units)
Estonia (7.4K units)
Netherlands (3.3K units)
Germany (2.8K units)
Denmark (2.3K units)
Spain (1.6K units)
Romania (0.4K units)
Poland (0.2K units)

Retreaded Pneumatic Tyre Exports in Finland

In 2022, shipments abroad of retreaded pneumatic tyres decreased by -66% to 1.7K units, falling for the second year in a row after two years of growth. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 352%. As a result, the exports attained the peak of 7.5K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, retreaded pneumatic tyre exports dropped modestly to $448K in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 56%. As a result, the exports reached the peak of $455K, and then declined slightly in the following year.

Export of Retreaded Pneumatic Tyre in Finland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Norway	17.6	57.6	16.4	114	86.4%
Sweden	181	83.0	151	98.2	-18.4%
Russia	40.9	3.9	8.5	74.9	22.3%
Denmark	43.7	69.8	70.4	64.4	13.8%
United Kingdom	0.1	N/A	3.8	35.1	605.4%
Estonia	48.2	25.8	29.3	29.6	-15.0%
Guinea	N/A	N/A	0.6	2.1	250.0%
Gambia	N/A	32.6	14.7	0.9	-83.4%
Ghana	N/A	N/A	5.5	0.7	-87.3%
Others	33.0	18.9	155	28.9	-4.3%
Total	364	292	455	448	7.2%

Top Export Markets for Retreaded Pneumatic Tyre from Finland in 2022:

Norway (459.0 units)
Sweden (256.0 units)
Russia (235.0 units)
Denmark (175.0 units)
Estonia (151.0 units)
Gambia (151.0 units)
United Kingdom (56.0 units)
Guinea (51.0 units)
Ghana (40.0 units)

Source: IndexBox Market Intelligence Platform

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

Finland

Data coverage:

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