Retreaded tyres for buses or lorries market in Finland

Earlier Report Observations

The market volume for retreaded tyres in Finland showed considerable movement from 2018 to 2024. It began at 94,282 units in 2018, fell to 74,284 units in 2019, then entered a period of strong growth, reaching a peak of 125,041 units by 2022. This upward trend reversed in the following two years, with the market contracting to 108,186 units in 2023 and further to 94,519 units in 2024.

The decline in 2024 occurred alongside the implementation of the Euro 7 emission standard in April, which introduced stricter limits for trucks and likely affected vehicle fleet renewal and associated tyre demand. During this period, persistent cost pressures and a focus on fuel economy within the transport industry continued to underline the value proposition of retreaded tyres as a cost-saving and environmentally friendly alternative, with services provided by several Finnish firms such as Vianor and Lujakumi.

Production retreaded tyres for buses or lorries in Finland

In value, 2017-2020, K $ US

Finland's production of retreaded tyres for buses and lorries declined for the second year in a row. In 2020, output was valued at 17 665 thousand US dollars, marking a 1.6% decrease from the previous year. Over the 2017-2020 period, production grew by 36.5%, with an average annual growth rate of 10.9%. The largest increase occurred in 2018, when output rose by 52.3% to reach a peak of 19 708 thousand US dollars. The following year saw the steepest decline, with production falling by 8.9% in 2019.

Annual dynamics of production in Finland in value, 2017-2020, K $ US

In kind, 2017-2020, unit

Finland's production of retreaded tyres for buses and lorries fell for the second consecutive year. In 2020, 68 541 units were produced, representing a 3.7% drop compared to 2019. Over the 2017-2020 period, production increased by 28.5%, averaging 8.7% growth per year. The highest output was recorded in 2018 at 74 087 units, following a substantial 38.8% increase that year. In contrast, 2019 experienced the most significant decline, with production decreasing by 4.0%.

Annual dynamics of production in Finland in kind, 2017-2020, unit

Exports retreaded tyres for buses or lorries from Finland

Exports in kind, unit

The data reveals irregular changes, indicating a volatile market environment. Export volumes reached their lowest point in 2019 at 616 units, before climbing to 656 units in 2020—a modest 6.5% increase from the previous year. The peak occurred in 2018 with 4 862 units exported. Between these extremes, volumes varied 7.9 times. The sharpest decline took place in 2019, when exports plummeted by 87.3%, while the largest increase was recorded in 2018 with a dramatic 229.0% surge.

Annual dynamics of product's exports from Finland in kind, 2017-2020, unit

From 2017 to 2020, Finland's exports of retreaded tyres for buses and lorries were primarily directed towards Sweden and Norway. Together, these two countries accounted for 83.9% of total export flows, with other destinations playing a secondary role.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Finland in kind, 2017-2020

Exports in value, K $ US

Market performance showed noticeable fluctuations during this period. Export value hit its lowest point in 2019 at 178 thousand US dollars, before rising to 204 thousand US dollars in 2020—a 14.7% increase from the previous year. The peak was recorded in 2018 with 1 427 thousand US dollars. Between these years, exports changed by a factor of eight. The most significant decline occurred in 2019, when export value dropped by 87.5%, while the largest increase was in 2018 with a substantial 255.6% rise.

Annual dynamics of product's exports from Finland in value, 2017-2020, K $ US

Between 2017 and 2020, Sweden and Norway clearly dominated Finland's export partner structure in value terms, while other countries together formed the remaining share.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Finland in value, 2017-2020

Imports retreaded tyres for buses or lorries to Finland

Imports in kind, unit

The market showed signs of volatility over the observed period. Import volumes reached their lowest point in 2019 at 3 744 units, before surging to 28 669 units in 2020—a dramatic 665.7% increase from the previous year. The highest volume was registered in 2017, creating a peak-to-trough ratio of 10.5 times between 2017 and 2019. The steepest decline occurred in 2019, with imports falling by 85.1%.

Annual dynamics of product's imports to Finland in kind, 2017-2020, unit

From 2017 to 2020, Sweden, France, and Estonia led as the main suppliers of retreaded tyres for buses and lorries to Finland in volume terms. Sweden accounted for 38.7% of imports, France for 21.6%, and Estonia for 11.2%, jointly representing 71.5% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Finland in kind, 2017-2020

Imports in value, K $ US

Finland's imports of retreaded tyres for buses and lorries increased for the second consecutive year. In 2020, imports totalled 5 487 thousand US dollars, up 7.5% from 2019. Between 2017 and 2020, imports grew by 5.6%, equating to an annualized rate of 1.8%. The lowest value was recorded in 2018 at 4 525 thousand US dollars, following a 12.9% decline that year. The largest increase occurred in 2019, with imports rising by 12.8%.

Annual dynamics of product's imports to Finland in value, 2017-2020, K $ US

Over the 2017-2020 period, Sweden, France, and Estonia topped the ranking of suppliers to Finland in value terms. Sweden held a 51.1% share of imports, France 15.9%, and Estonia 15.2%, together accounting for 82.2% of total import value.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Finland in value, 2017-2020