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

Contents:

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

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

The average import price for retreaded tyres; of a kind used on aircraft stood at $595 per unit in 2022, remaining stable against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for retreaded tyres; of a kind used on aircraft increased by +24.1% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by 41%. Over the period under review, average import prices hit record highs at $782 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($613 per unit), while the price for Free Zones amounted to $575 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.2%), while the prices for the other major suppliers experienced a decline.

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

The average export price for retreaded tyres; of a kind used on aircraft stood at $667 per unit in 2022, waning by -2.1% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible increase. The growth pace was the most rapid in 2014 when the average export price increased by 300% against the previous year. The export price peaked at $682 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($1,047 per unit), while the average price for exports to the United States stood at $381 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+7.3%).

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

In 2022, imports of retreaded tyres; of a kind used on aircraft into Panama skyrocketed to 15 units, jumping by 88% on 2021. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +7.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of retreaded tyres; of a kind used on aircraft skyrocketed to $8.9K in 2022. Overall, total imports indicated a moderate increase from 2019 to 2022: its value increased at an average annual rate of +4.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. United States (8.0 units)
2. Free Zones (7.0 units)

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

In 2022, approx. 14 units of retreaded tyres; of a kind used on aircraft were exported from Panama; declining by -39.1% against the previous year. Overall, exports continue to indicate a significant contraction. The growth pace was the most rapid in 2021 when exports increased by 229% against the previous year. The exports peaked at 46 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of retreaded tyres; of a kind used on aircraft fell dramatically to $9.3K in 2022. In general, exports continue to indicate a precipitous contraction. The pace of growth was the most pronounced in 2021 when exports increased by 421%. Over the period under review, the exports of reached the maximum at $30K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

1. United States (8.0 units)
2. Dominican Republic (6.0 units)

Source: IndexBox Market Intelligence Platform