Retreaded Pneumatic Tyre Market in Russia
Market Overview
The Russian retreaded pneumatic tyre market dropped remarkably to $
in , with a decrease of -% against 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). Overall, consumption showed a drastic downturn. Over the period under review, the market attained the maximum level at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.
In value terms, retreaded pneumatic tyre production rose sharply to $ in estimated in export price. In general, production enjoyed prominent growth. The pace of growth was the most pronounced in 2012 when the production volume increased by %. Over the period under review, production hit record highs at $ in ; however, from to , production stood at a somewhat lower figure.
in , with a decrease of -% against 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). Overall, consumption showed a drastic downturn. Over the period under review, the market attained the maximum level at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.In value terms, retreaded pneumatic tyre production rose sharply to $
in estimated in export price. In general, production enjoyed prominent growth. The pace of growth was the most pronounced in 2012 when the production volume increased by %. Over the period under review, production hit record highs at $ in ; however, from to , production stood at a somewhat lower figure.Consumption
In , the amount of retreaded pneumatic tyres consumed in Russia reduced sharply to units, waning by -% on the previous year's figure. Overall, consumption faced a deep setback. Over the period under review, consumption attained the peak volume at units in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.
The revenue of the retreaded pneumatic tyre market in Russia declined sharply to $ in , with a decrease of -% against 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 faced a abrupt slump. Over the period under review, the market attained the maximum level at $ in 2007; however, from 2008 to , consumption remained at a lower figure.
, the amount of retreaded pneumatic tyres consumed in Russia reduced sharply to units, waning by -% on the previous year's figure. Overall, consumption faced a deep setback. Over the period under review, consumption attained the peak volume at units in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.The revenue of the retreaded pneumatic tyre market in Russia declined sharply to $
in , with a decrease of -% against 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 faced a abrupt slump. Over the period under review, the market attained the maximum level at $ in 2007; however, from 2008 to , consumption remained at a lower figure.Market Forecast
Depressed by shrinking demand for retreaded pneumatic tyre in Russia, 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
Retreaded pneumatic tyre market in Russia consists almost entirely of imported products.
Trade Balance
Russia 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 $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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