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

Contents:

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

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

In 2022, the average import price for retreaded tyres; of a kind used on aircraft amounted to $3,393 per unit, with an increase of 604% against the previous year. Over the period under review, the import price, however, continues to indicate a drastic downturn. The import price peaked at $6,028 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($3,755 per unit), while the price for Turkey stood at $859 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+20.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for retreaded tyres; of a kind used on aircraft amounted to $126 per unit, dropping by -92.4% against the previous year. Overall, the export price continues to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2020 when the average export price decreased by -5.8% against the previous year. The export price peaked at $4,934 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($539 per unit), while the average price for exports to Nigeria ($102 per unit) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (-1.9%).

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

In 2022, after two years of decline, there was significant growth in purchases abroad of retreaded tyres; of a kind used on aircraft, when their volume increased by 1,500% to 16 units. Overall, imports, however, saw a dramatic contraction. Imports peaked at 260 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of retreaded tyres; of a kind used on aircraft surged to $54K in 2022. In general, imports, however, saw a significant decrease. Imports peaked at $987K 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 Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A52.60%
TurkeyN/AN/AN/A1.70%
Lithuania46657.8N/AN/A-87.6%
Estonia521N/AN/AN/A0%
OthersN/AN/A0.5N/A0%
Total98757.80.554.3-62.0%

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

  1. United Kingdom (14.0 units)
  2. Turkey (2.0 units)

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

After two years of decline, shipments abroad of retreaded tyres; of a kind used on aircraft increased by 233% to 20 units in 2022. In general, exports, however, faced a sharp downturn. Over the period under review, the exports of attained the peak figure at 612 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 contracted notably to $2.5K in 2022. Overall, exports, however, showed a sharp descent. The exports peaked at $2.7M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Retreaded Tyres; of A Kind Used On Aircraft in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NigeriaN/AN/AN/A0.90%
VietnamN/AN/AN/A0.80%
TurkeyN/AN/AN/A0.50%
QatarN/AN/AN/A0.20%
Lithuania67288.0N/AN/A-86.9%
Estonia2,004572N/AN/A-71.5%
Others32.43.09.9N/A-44.7%
Total2,7096639.92.5-90.3%

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

  1. Nigeria (9.0 units)
  2. Vietnam (8.0 units)
  3. Qatar (2.0 units)
  4. Turkey (1.0 units)

Source: IndexBox Market Intelligence Platform

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