Price for Retreaded Tyres; of A Kind Used On Aircraft in China - 2023

Contents:

  1. Price for Retreaded Tyres; of A Kind Used On Aircraft in China (CIF) - 2023
  2. Price for Retreaded Tyres; of A Kind Used On Aircraft in China (FOB) - 2022
  3. Imports of Retreaded Tyres; of A Kind Used On Aircraft in China
  4. Exports of Retreaded Tyres; of A Kind Used On Aircraft in China

Price for Retreaded Tyres; of A Kind Used On Aircraft in China (CIF) - 2023

The average import price for retreaded tyres; of a kind used on aircraft stood at $725 per unit in December 2023, growing by 9.3% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 19% m-o-m. The import price peaked at $831 per unit in January 2023; however, from February 2023 to December 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was France ($932 per unit), while the price for the United States ($597 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Thailand (+1.6%), while the prices for the other major suppliers experienced a decline.

Price for Retreaded Tyres; of A Kind Used On Aircraft in China (FOB) - 2022

In 2022, the average export price for retreaded tyres; of a kind used on aircraft amounted to $1,277 per unit, reducing by -18% against the previous year. Overall, the export price, however, saw a strong expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 79% against the previous year. Over the period under review, the average export prices attained the maximum at $1,556 per unit in 2021, and then fell remarkably in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Taiwan (Chinese) ($1,281 per unit) and India ($1,280 per unit), while the average price for exports to the UK ($1,268 per unit) and Australia ($1,270 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Retreaded Tyres; of A Kind Used On Aircraft in China

In 2022, approx. 45K units of retreaded tyres; of a kind used on aircraft were imported into China; falling by -24% on the year before. Overall, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 67% against the previous year. Imports peaked at 76K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of retreaded tyres; of a kind used on aircraft fell markedly to $32M in 2022. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 47% against the previous year. Imports peaked at $52M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Retreaded Tyres; of A Kind Used On Aircraft in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand43.925.639.827.9-14.0%
United States3.43.53.12.4-11.0%
France3.91.92.81.5-27.3%
Others1.10.40.30.4-28.6%
Total52.331.446.032.3-14.8%

Top Suppliers of Retreaded Tyres; of A Kind Used On Aircraft to China in 2022:

  1. Thailand (38.4K units)
  2. United States (3.4K units)
  3. France (2.1K units)

Exports of Retreaded Tyres; of A Kind Used On Aircraft in China

After two years of decline, overseas shipments of retreaded tyres; of a kind used on aircraft increased by 55% to 2.5K units in 2022. In general, exports, however, saw a precipitous shrinkage. Over the period under review, the exports of hit record highs at 6.6K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of retreaded tyres; of a kind used on aircraft surged to $3.2M in 2022. Over the period under review, exports, however, showed a abrupt setback. The exports peaked at $3.9M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Retreaded Tyres; of A Kind Used On Aircraft in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand1,2379761,3011,78713.0%
Singapore21945.78.742624.8%
Hong Kong SAR972346265202-40.8%
SwitzerlandN/AN/A89.115675.1%
IndonesiaN/AN/A26.8115329.1%
United States3959.776.1111-34.5%
Australia11.421.225.874.987.3%
Japan11912214051.8-24.2%
Taiwan (Chinese)29713216.917.9-60.8%
United Kingdom80.142.21.57.6-54.4%
Malaysia80.834.711.9N/A-61.6%
Others528540513209-26.6%
Total3,9402,2682,4763,158-7.1%

Top Export Markets for Retreaded Tyres; of A Kind Used On Aircraft from China in 2022:

  1. Thailand (1399.0 units)
  2. Singapore (333.0 units)
  3. Hong Kong SAR (158.0 units)
  4. Switzerland (122.0 units)
  5. Indonesia (90.0 units)
  6. United States (87.0 units)
  7. Australia (59.0 units)
  8. Japan (41.0 units)
  9. Taiwan (Chinese) (14.0 units)
  10. United Kingdom (6.0 units)

Source: IndexBox Market Intelligence Platform

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