Price for Retreaded Tyres; of A Kind Used On Aircraft in Singapore - 2023
Contents:
- Price for Retreaded Tyres; of A Kind Used On Aircraft in Singapore (CIF) - 2023
- Price for Retreaded Tyres; of A Kind Used On Aircraft in Singapore (FOB) - 2022
- Imports of Retreaded Tyres; of A Kind Used On Aircraft in Singapore
- Exports of Retreaded Tyres; of A Kind Used On Aircraft in Singapore
Price for Retreaded Tyres; of A Kind Used On Aircraft in Singapore (CIF) - 2023
The average import price for retreaded tyres; of a kind used on aircraft stood at $970 per unit in September 2022, surging by 37% against the previous month. Over the period under review, import price indicated a resilient increase from June 2022 to September 2022: its price increased at an average monthly rate of +14.5% over the last three-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, import price for retreaded tyres; of a kind used on aircraft increased by +66.1% against July 2022 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($1,416 per unit), while the price for France ($212 per unit) was amongst the lowest.
From June 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Retreaded Tyres; of A Kind Used On Aircraft in Singapore (FOB) - 2022
The average export price for retreaded tyres; of a kind used on aircraft stood at $404 per unit in 2022, shrinking by -6.7% against the previous year. Overall, the export price, however, enjoyed a strong increase. The growth pace was the most rapid in 2013 an increase of 59% against the previous year. Over the period under review, the average export prices hit record highs at $433 per unit in 2021, and then fell in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($2,508 per unit), while the average price for exports to Hong Kong SAR ($57 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+10.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Retreaded Tyres; of A Kind Used On Aircraft in Singapore
In 2022, approx. 4.8K units of retreaded tyres; of a kind used on aircraft were imported into Singapore; picking up by 47% on 2021. Overall, imports, however, saw a pronounced contraction. Imports peaked at 5.5K 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 $2.4M in 2022. Over the period under review, imports, however, showed a abrupt shrinkage. Over the period under review, imports of hit record highs at $4.5M 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 Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,238 | 1,920 | 1,049 | 1,268 | 0.8% |
| Thailand | 217 | 229 | 420 | 807 | 54.9% |
| United States | 171 | 14.1 | 145 | 129 | -9.0% |
| United Kingdom | 1.2 | N/A | 57.4 | 88.6 | 319.5% |
| France | 11.0 | 22.0 | 28.3 | 68.9 | 84.3% |
| Hong Kong SAR | 2,293 | 94.8 | 21.0 | N/A | -90.4% |
| China | 514 | 24.7 | N/A | N/A | -95.2% |
| Others | 78.3 | 93.4 | 62.1 | 5.5 | -58.7% |
| Total | 4,523 | 2,398 | 1,782 | 2,368 | -19.4% |
Top Suppliers of Retreaded Tyres; of A Kind Used On Aircraft to Singapore in 2022:
- Thailand (2718.0 units)
- Japan (1423.0 units)
- United Kingdom (232.0 units)
- France (228.0 units)
- United States (212.0 units)
Exports of Retreaded Tyres; of A Kind Used On Aircraft in Singapore
In 2022, shipments abroad of retreaded tyres; of a kind used on aircraft increased by 46% to 1.9K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a precipitous descent. The exports peaked at 9.6K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of retreaded tyres; of a kind used on aircraft surged to $781K in 2022. Over the period under review, exports, however, showed a sharp decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 40% against the previous year. As a result, the exports attained the peak of $3.3M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Retreaded Tyres; of A Kind Used On Aircraft in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 251 | 0% |
| Malaysia | 261 | N/A | 126 | 168 | -13.7% |
| Indonesia | 17.1 | 39.3 | 78.9 | 109 | 85.4% |
| Philippines | 159 | 5.9 | 3.9 | 68.5 | -24.5% |
| Thailand | 62.2 | 57.9 | 9.9 | 40.5 | -13.3% |
| China | 102 | N/A | 3.2 | 38.5 | -27.7% |
| Hong Kong SAR | 458 | 114 | 2.7 | 15.4 | -67.7% |
| Denmark | N/A | 65.3 | N/A | N/A | 0% |
| Canada | 829 | 2,834 | 192 | N/A | -51.9% |
| Others | 439 | 151 | 158 | 89.7 | -41.1% |
| Total | 2,327 | 3,267 | 574 | 781 | -30.5% |
Top Export Markets for Retreaded Tyres; of A Kind Used On Aircraft from Singapore in 2022:
- Thailand (454.0 units)
- Malaysia (376.0 units)
- China (341.0 units)
- Hong Kong SAR (270.0 units)
- Indonesia (138.0 units)
- Philippines (135.0 units)
- Turkey (100.0 units)
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