Price for Retreaded Tyres; of A Kind Used On Aircraft in Nigeria - 2022
Contents:
- Price for Retreaded Tyres; of A Kind Used On Aircraft in Nigeria (CIF) - 2022
- Imports of Retreaded Tyres; of A Kind Used On Aircraft in Nigeria
Price for Retreaded Tyres; of A Kind Used On Aircraft in Nigeria (CIF) - 2022
In 2022, the average import price for retreaded tyres; of a kind used on aircraft amounted to $594 per unit, rising by 2.3% against the previous year. In general, the import price showed slight growth. The pace of growth was the most pronounced in 2018 an increase of 12% against the previous year. As a result, import price attained the peak level of $729 per unit. From 2019 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Lithuania ($680 per unit) and France ($603 per unit), while the price for the United States ($573 per unit) and the UK ($593 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+242.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Retreaded Tyres; of A Kind Used On Aircraft in Nigeria
In 2022, imports of retreaded tyres; of a kind used on aircraft into Nigeria shrank sharply to 73 units, which is down by -29.8% against 2021 figures. Over the period under review, imports faced a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 131%. Imports peaked at 147 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of retreaded tyres; of a kind used on aircraft dropped markedly to $43K in 2022. Overall, imports showed a sharp downturn. The pace of growth was the most pronounced in 2021 when imports increased by 130%. Over the period under review, imports of reached the maximum at $103K 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 Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 5.3 | 26.3 | 28.8 | 31.4 | 80.9% |
| United States | N/A | N/A | 21.2 | 6.9 | -67.5% |
| France | N/A | N/A | N/A | 3.0 | 0% |
| Lithuania | N/A | N/A | N/A | 2.0 | 0% |
| Germany | 12.1 | N/A | N/A | N/A | 0% |
| South Africa | N/A | N/A | 6.3 | N/A | 0% |
| Italy | 85.4 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | 4.1 | N/A | 540.3% |
| Total | 103 | 26.3 | 60.4 | 43.4 | -25.0% |
Top Suppliers of Retreaded Tyres; of A Kind Used On Aircraft to Nigeria in 2022:
- United Kingdom (53.0 units)
- United States (12.0 units)
- France (5.0 units)
- Lithuania (3.0 units)
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