Thailand - Tyres For Aircraft - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Thailand - Tyres For Aircraft - Market Analysis, Forecast, Size, Trends And Insights

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Aircraft Tyre Price in Thailand - 2023

Contents:

  1. Aircraft Tyre Price in Thailand (FOB) - 2023
  2. Aircraft Tyre Price in Thailand (CIF) - 2023
  3. Aircraft Tyre Exports in Thailand
  4. Aircraft Tyre Imports in Thailand

Aircraft Tyre Price in Thailand (FOB) - 2023

In July 2023, the average aircraft tyre export price amounted to $684 per unit, with an increase of 17% against the previous month. Over the last ten-month period, it increased at an average monthly rate of +2.9%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($1,678 per unit), while the average price for exports to the United States ($350 per unit) was amongst the lowest.

From September 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Aircraft Tyre Price in Thailand (CIF) - 2023

The average aircraft tyre import price stood at $1,911 per unit in July 2023, waning by -4.1% against the previous month. In general, the import price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in March 2023 an increase of 142% against the previous month. The import price peaked at $2,007 per unit in May 2023; afterwards, it flattened through to July 2023.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Japan ($2,070 per unit), while the price for the United States ($789 per unit) was amongst the lowest.

From September 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Japan (+22.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Aircraft Tyre Exports in Thailand

In 2022, approx. 379K units of tyres for aircraft were exported from Thailand; rising by 26% against 2021 figures. In general, exports recorded a prominent expansion. The pace of growth was the most pronounced in 2021 when exports increased by 59% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, aircraft tyre exports soared to $216M in 2022. Overall, exports posted a prominent expansion. The growth pace was the most rapid in 2021 when exports increased by 69%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Export of Aircraft Tyre in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States45.931.055.092.026.1%
France42.113.720.844.72.0%
Netherlands7.62.36.411.414.5%
China15.415.719.19.6-14.6%
India5.52.45.17.711.9%
Singapore1.31.21.74.045.4%
Brazil1.30.92.73.843.0%
Australia3.72.03.13.6-0.9%
Others20.217.732.739.725.3%
Total14386.814721614.7%

Top Export Markets for Aircraft Tyre from Thailand in 2022:

  1. United States (211.7K units)
  2. France (60.8K units)
  3. Netherlands (28.0K units)
  4. Australia (13.4K units)
  5. China (10.6K units)
  6. Brazil (8.7K units)
  7. Singapore (8.4K units)
  8. India (7.1K units)

Aircraft Tyre Imports in Thailand

In 2022, overseas purchases of tyres for aircraft were finally on the rise to reach 8.9K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a abrupt descent. Over the period under review, imports hit record highs at 17K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, aircraft tyre imports rose markedly to $7.9M in 2022. Over the period under review, imports, however, continue to indicate a drastic downturn. Over the period under review, imports hit record highs at $12M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Aircraft Tyre in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3.82.73.23.80.0%
United States3.03.82.62.1-11.2%
Japan1.70.91.01.3-8.6%
Hong Kong SAR0.80.2N/AN/A-75.0%
SwedenN/AN/AN/AN/A0%
United Arab Emirates2.0N/AN/AN/A0%
Others0.33.20.50.626.0%
Total11.610.87.47.9-12.0%

Top Suppliers of Aircraft Tyre to Thailand in 2022:

  1. Hong Kong SAR (undefinedK units)
  2. France (3.4K units)
  3. United States (2.8K units)
  4. Japan (1.8K units)
  5. Sweden (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the aircraft tyre market in Thailand. 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 22111370 - New pneumatic rubber tyres for aircraft

Country coverage:

  • Thailand

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Thailand
  • 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
  • Find deeper insights into current market developments
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Tyres For Aircraft - Thailand