Retreaded Pneumatic Tyre Market in Indonesia
Market Overview
In 
, the Indonesian retreaded pneumatic tyre market decreased by -% to $ for the first time since 2019, thus ending a two-year rising trend. Overall, consumption recorded a noticeable decrease. Over the period under review, the market attained the peak level at $ in 2013; however, from 2014 to , consumption stood at a somewhat lower figure.
In value terms, retreaded pneumatic tyre production amounted to $ in estimated in export price. Over the period under review, production saw a noticeable downturn. The pace of growth was the most pronounced in 2012 with an increase of %. Retreaded pneumatic tyre production peaked at $ in 2013; however, from 2014 to , production remained at a lower figure.
, the Indonesian retreaded pneumatic tyre market decreased by -% to $ for the first time since 2019, thus ending a two-year rising trend. Overall, consumption recorded a noticeable decrease. Over the period under review, the market attained the peak level at $ in 2013; however, from 2014 to , consumption stood at a somewhat lower figure.In value terms, retreaded pneumatic tyre production amounted to $
in estimated in export price. Over the period under review, production saw a noticeable downturn. The pace of growth was the most pronounced in 2012 with an increase of %. Retreaded pneumatic tyre production peaked at $ in 2013; however, from 2014 to , production remained at a lower figure.Consumption
In , approx. units of retreaded pneumatic tyres were consumed in Indonesia; remaining constant against the year before. Overall, consumption saw a noticeable decrease. Over the period under review, consumption reached the maximum volume at units in 2013; however, from 2014 to , consumption remained at a lower figure.
The size of the retreaded pneumatic tyre market in Indonesia fell modestly to $ in , approximately reflecting the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a noticeable decline. Over the period under review, the market attained the maximum level at $ in 2013; however, from 2014 to , consumption stood at a somewhat lower figure.
, approx. units of retreaded pneumatic tyres were consumed in Indonesia; remaining constant against the year before. Overall, consumption saw a noticeable decrease. Over the period under review, consumption reached the maximum volume at units in 2013; however, from 2014 to , consumption remained at a lower figure.The size of the retreaded pneumatic tyre market in Indonesia fell modestly to $
in , approximately reflecting the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a noticeable decline. Over the period under review, the market attained the maximum level at $ in 2013; however, from 2014 to , consumption stood at a somewhat lower figure.Market Forecast
Depressed by shrinking demand for retreaded pneumatic tyre in Indonesia, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to units by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to units by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, imports of retreaded pneumatic tyre in Indonesia were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for retreaded pneumatic tyre.
Trade Balance
Indonesia remains a net importer of retreaded pneumatic tyre; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of units, which was equal to $.
. In , there was a significant trade deficit of units, which was equal to $.
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