Retreaded tyres: of a kind used on motor buses or lorries

In 2024, retreaded tyres: of a kind used on motor buses or lorries trade exhibited significant decline, with global flows reaching $446,583,803 and a three-year compound annual growth rate of +1.2% (five-year: +4.8%). The all-time peak of $496,404,895 was recorded in 2023; the current level is 10% below that high-water mark.

Over the 30-year observation window (1995–2024), 62% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is steady (-0.6% acceleration).

The supply side is concentrated (Herfindahl-Hirschman Index 0.270). The three largest exporters — Germany ($212.8M), Spain ($75.8M), and France ($41.4M) — collectively dominate supply flows. The leading exporter has grown at +5.4% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.111). The three largest import markets are France ($131.6M), Germany ($24.9M), and Netherlands ($24.4M). The largest importing market sources from 21 different supplying countries.

Estimated substitution elasticity: -5.67. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Germany → France at $76.2M, representing 57.9% of the importer's total demand.

The volatility score for retreaded tyres: of a kind used on motor buses or lorries is 5 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.