10 Things to Know About Tire Retreading

In preparation for Modern Tire Dealer's latest Top Retreaders list, the publication's editors compiled an overview of the retreading industry from 2018, covering everything from the double-digit change in overall sales to the average cost of a casing.

The biggest takeaway from the publication, which is also published by Bobit Business Media, is that overall sales of retreads dropped 20.7% in 2018 compared to the previous year. Here are 10 statistical nuggets from the upcoming report:

• Number of retreaded truck tires 14.2 million (down from 14.3 million in 2017)
• Sales (without casings) $2.3 billion (down from $2.9 billion)
• Average retread cost (without casing) $164.64 (down 20% from the 2017 average of $205.91)
• Average pre-cure price $164.60 (down from $205.65)
• Average mold cure price $165.72 (down from $210.22)
• Average casing cost $57.46 (up slightly from $57.24 a year earlier)
• Percent of pre-cure units 96% (up from 94%)
• Average sales margin 17% (down from 18.9% in 2017)
• Number of truck tire retread plants 644 (down 1 from the previous year)
• Number of off-the-road (OTR) tire retread plants 18 (same as 2017)

Editor's note: This data is sourced from Modern Tire Dealer's Facts issue.