Report Update: May 1, 2024

Malaysia - Retreaded Pneumatic Tyres - Market Analysis, Forecast, Size, Trends And Insights

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Retreaded Pneumatic Tyre Price in Malaysia - 2021

Retreaded Pneumatic Tyre Price in Malaysia (CIF) - 2021

The average retreaded pneumatic tyre import price stood at $206 per unit in December 2021, shrinking by -16.9% against the previous month. In general, the import price, however, showed a pronounced expansion. The most prominent rate of growth was recorded in April 2021 when the average import price increased by 138% against the previous month. As a result, import price reached the peak level of $475 per unit. From May 2021 to December 2021, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($781 per unit), while the price for Japan ($163 per unit) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by India (+44.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Retreaded Pneumatic Tyre Price in Malaysia (FOB) - 2021

In December 2021, the average retreaded pneumatic tyre export price amounted to $111 per unit, waning by -19.4% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2021 when the average export price increased by 22% against the previous month. The export price peaked at $139 per unit in October 2021; however, from November 2021 to December 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In December 2021, the country with the highest price was Australia ($135 per unit), while the average price for exports to Pakistan ($26.5 per unit) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.

Retreaded Pneumatic Tyre Imports in Malaysia

In 2022, purchases abroad of retreaded pneumatic tyres was finally on the rise to reach 28K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded perceptible growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, retreaded pneumatic tyre imports surged to $1.8M in 2022. Overall, imports, however, saw a dramatic setback. Imports peaked at $3.6M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Retreaded Pneumatic Tyre in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Thailand	2,721	956	99.7	817	-33.0%
Japan	251	124	728	261	1.3%
China	45.5	411	97.3	173	56.1%
United States	224	512	29.6	165	-9.7%
Singapore	36.6	32.9	6.9	86.6	33.3%
Australia	4.3	13.5	78.1	48.4	124.1%
Brunei Darussalam	66.6	6.9	15.4	30.1	-23.3%
South Korea	41.8	19.9	41.1	20.8	-20.8%
Indonesia	37.1	24.3	17.1	16.9	-23.1%
Taiwan (Chinese)	29.5	12.3	2.4	2.1	-58.6%
Sri Lanka	5.1	1.2	3.7	1.4	-35.0%
Others	161	278	50.2	159	-0.4%
Total	3,623	2,391	1,170	1,780	-21.1%

Top Suppliers of Retreaded Pneumatic Tyre to Malaysia in 2022:

Taiwan (Chinese) (undefinedK units)
Singapore (8.0K units)
Japan (5.1K units)
Thailand (5.0K units)
China (3.3K units)
Brunei Darussalam (3.0K units)
Australia (1.0K units)
South Korea (0.9K units)
Indonesia (0.5K units)
United States (0.4K units)
Sri Lanka (0.2K units)

Retreaded Pneumatic Tyre Exports in Malaysia

In 2022, shipments abroad of retreaded pneumatic tyres was finally on the rise to reach 27K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a abrupt decrease. Over the period under review, the exports hit record highs at 49K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, retreaded pneumatic tyre exports reached $2.6M in 2022. In general, exports, however, continue to indicate a abrupt decrease. Over the period under review, the exports attained the maximum at $4.9M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Retreaded Pneumatic Tyre in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Australia	2,471	1,566	1,711	1,644	-12.7%
Thailand	942	249	178	319	-30.3%
Singapore	469	107	33.0	217	-22.7%
Hong Kong SAR	131	78.1	228	135	1.0%
India	172	43.2	204	120	-11.3%
United States	N/A	0.1	1.1	59.6	2341.3%
Others	704	717	97.9	112	-45.8%
Total	4,890	2,761	2,453	2,607	-18.9%

Top Export Markets for Retreaded Pneumatic Tyre from Malaysia in 2022:

Australia (16.9K units)
Thailand (4.0K units)
Singapore (2.9K units)
India (0.9K units)
United States (0.6K units)
Hong Kong SAR (0.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the retreaded pneumatic tyre market in Malaysia. 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:

Malaysia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Malaysia
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
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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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023