Price for Retreaded Tyres; of A Kind Used On Aircraft in South Korea - 2022
Contents:
- Price for Retreaded Tyres; of A Kind Used On Aircraft in South Korea (CIF) - 2022
- Price for Retreaded Tyres; of A Kind Used On Aircraft in South Korea (FOB) - 2022
- Imports of Retreaded Tyres; of A Kind Used On Aircraft in South Korea
- Exports of Retreaded Tyres; of A Kind Used On Aircraft in South Korea
Price for Retreaded Tyres; of A Kind Used On Aircraft in South Korea (CIF) - 2022
The average import price for retreaded tyres; of a kind used on aircraft stood at $561 per unit in 2022, declining by -15.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2015 when the average import price increased by 17% against the previous year. Over the period under review, average import prices attained the maximum at $732 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
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 ($561 per unit), while the price for Japan ($561 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.8%), 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 South Korea (FOB) - 2022
In 2022, the average export price for retreaded tyres; of a kind used on aircraft amounted to $608 per unit, remaining relatively unchanged against the previous year. Overall, the export price enjoyed a significant expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 7.6% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($609 per unit), while the average price for exports to the United States totaled $598 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+89.9%), 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 South Korea
Imports of retreaded tyres; of a kind used on aircraft into South Korea skyrocketed to 2.4K units in 2022, jumping by 72% on 2021 figures. In general, imports recorded a pronounced increase. As a result, imports attained 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 surged to $1.4M in 2022. Overall, imports, however, continue to indicate a mild decline. The pace of growth appeared the most rapid in 2021 when imports increased by 47% against the previous year. Over the period under review, imports of reached the peak figure at $1.4M in 2019; afterwards, it flattened through to 2022.
| Import of Retreaded Tyres; of A Kind Used On Aircraft in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 16.1 | 7.2 | 2.4 | 776 | 263.9% |
| Thailand | 123 | 36.9 | 60.8 | 537 | 63.4% |
| United States | 39.0 | 24.4 | 40.3 | 58.3 | 14.3% |
| Hong Kong SAR | 1,225 | 553 | 798 | N/A | -19.3% |
| Others | 11.8 | 16.0 | 38.5 | N/A | 80.6% |
| Total | 1,414 | 638 | 940 | 1,371 | -1.0% |
Top Suppliers of Retreaded Tyres; of A Kind Used On Aircraft to South Korea in 2022:
- Japan (1383.0 units)
- Thailand (958.0 units)
- United States (104.0 units)
Exports of Retreaded Tyres; of A Kind Used On Aircraft in South Korea
Exports of retreaded tyres; of a kind used on aircraft from South Korea soared to 264 units in 2022, growing by 24% against 2021. Overall, exports, however, recorded a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 146%. As a result, the exports reached the peak of 3K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of retreaded tyres; of a kind used on aircraft skyrocketed to $161K in 2022. Over the period under review, exports, however, saw a dramatic slump. The pace of growth was the most pronounced in 2020 with an increase of 142%. As a result, the exports reached the peak of $1.7M. 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 South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 45.1 | 395 | 26.4 | 153 | 50.3% |
| United States | 51.3 | 239 | 0.9 | 7.8 | -46.6% |
| Hong Kong SAR | 283 | 235 | 43.1 | N/A | -61.0% |
| China | 9.1 | 99.9 | 3.2 | N/A | -40.7% |
| Japan | 125 | 142 | 16.9 | N/A | -63.2% |
| Philippines | 174 | 470 | 33.1 | N/A | -56.4% |
| El Salvador | 21.4 | 129 | 4.1 | N/A | -56.2% |
| Others | 3.5 | 15.5 | 0.6 | N/A | -58.6% |
| Total | 713 | 1,726 | 128 | 161 | -39.1% |
Top Export Markets for Retreaded Tyres; of A Kind Used On Aircraft from South Korea in 2022:
- Thailand (251.0 units)
- United States (13.0 units)
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