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Vietnam - Retreaded Pneumatic Tyres - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVietnam: Retreaded Pneumatic Tyre Market 2024
Retreaded Pneumatic Tyre Market Size in Vietnam
The Vietnamese retreaded pneumatic tyre market was estimated at $X in 2023, with an increase of X% against the previous year. Overall, consumption, however, saw a buoyant expansion. Retreaded pneumatic tyre consumption peaked at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.
Retreaded Pneumatic Tyre Production in Vietnam
In value terms, retreaded pneumatic tyre production amounted to $X in 2023 estimated in export price. Overall, production, however, showed a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Retreaded pneumatic tyre production peaked at $X in 2018; however, from 2019 to 2023, production remained at a lower figure.
Retreaded Pneumatic Tyre Exports
Exports from Vietnam
In 2023, approx. X units of retreaded pneumatic tyres were exported from Vietnam; shrinking by X% on the year before. Over the period under review, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2023, the growth of the exports remained at a lower figure.
In value terms, retreaded pneumatic tyre exports rose slightly to $X in 2023. In general, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports attained the peak of $X. From 2019 to 2023, the growth of the exports remained at a lower figure.
Exports by Country
Singapore (X units), Portugal (X units) and Hong Kong SAR (X units) were the main destinations of retreaded pneumatic tyre exports from Vietnam, with a combined X% share of total exports. Cambodia, the United States, Thailand, Lao People's Democratic Republic, Canada, the UK and Afghanistan lagged somewhat behind, together accounting for a further X%.
From 2012 to 2023, the biggest increases were recorded for Canada (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for retreaded pneumatic tyre exported from Vietnam were Hong Kong SAR ($X), Thailand ($X) and the United States ($X), together accounting for X% of total exports. Canada, Lao People's Democratic Republic, Cambodia, Singapore, the UK, Portugal and Afghanistan lagged somewhat behind, together comprising a further X%.
In terms of the main countries of destination, Canada, with a CAGR of X%, 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
In 2023, the average retreaded pneumatic tyre export price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the export price saw a significant increase. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2021; however, from 2022 to 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to Portugal ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (X%), while the prices for the other major destinations experienced more modest paces of growth.
Retreaded Pneumatic Tyre Imports
Imports into Vietnam
After two years of growth, supplies from abroad of retreaded pneumatic tyres decreased by X% to X units in 2023. Over the period under review, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2023, the growth of imports remained at a somewhat lower figure.
In value terms, retreaded pneumatic tyre imports fell notably to $X in 2023. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, imports attained the peak of $X. From 2018 to 2023, the growth of imports failed to regain momentum.
Imports by Country
In 2023, Thailand (X units) constituted the largest supplier of retreaded pneumatic tyre to Vietnam, accounting for a X% share of total imports. Moreover, retreaded pneumatic tyre imports from Thailand exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. Hong Kong SAR (X units) ranked third in terms of total imports with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume from Thailand amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Hong Kong SAR (X% per year).
In value terms, Hong Kong SAR ($X) constituted the largest supplier of retreaded pneumatic tyres to Vietnam, comprising X% of total imports. The second position in the ranking was taken by Thailand ($X), with a X% share of total imports. It was followed by Japan, with an X% share.
From 2012 to 2023, the average annual rate of growth in terms of value from Hong Kong SAR totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Japan (X% per year).
Import Prices by Country
The average retreaded pneumatic tyre import price stood at $X per unit in 2023, dropping by X% against the previous year. In general, the import price, however, showed buoyant growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. The import price peaked at $X per unit in 2019; however, from 2020 to 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Sri Lanka (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the retreaded pneumatic tyre market in Vietnam. 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:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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