Singapore - Retreaded Pneumatic Tyres - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRetreaded Pneumatic Tyre Price in Singapore - 2022
Contents:
- Retreaded Pneumatic Tyre Price in Singapore (CIF) - 2022
- Retreaded Pneumatic Tyre Price in Singapore (FOB) - 2022
- Retreaded Pneumatic Tyre Imports in Singapore
- Retreaded Pneumatic Tyre Exports in Singapore
Retreaded Pneumatic Tyre Price in Singapore (CIF) - 2022
The average retreaded pneumatic tyre import price stood at $393 per unit in September 2022, jumping by 49% against the previous month. Over the period under review, the import price enjoyed a resilient expansion. The pace of growth was the most pronounced in January 2022 an increase of 115% month-to-month. The import price peaked in September 2022.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Japan ($1,416 per unit), while the price for Malaysia ($90.2 per unit) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Retreaded Pneumatic Tyre Price in Singapore (FOB) - 2022
The average retreaded pneumatic tyre export price stood at $50 per unit in 2022, increasing by 36% against the previous year. Overall, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2020 an increase of 75% against the previous year. As a result, the export price attained the peak level of $86 per unit. From 2021 to 2022, the average export prices remained at a 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 Malaysia ($220 per unit), while the average price for exports to Indonesia ($17 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 (+26.8%), while the prices for the other major destinations experienced more modest paces of growth.
Retreaded Pneumatic Tyre Imports in Singapore
In 2022, the amount of retreaded pneumatic tyres imported into Singapore fell rapidly to 29K units, waning by -30.3% compared with the year before. In general, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. As a result, imports attained the peak of 41K units, and then shrank rapidly in the following year.
In value terms, retreaded pneumatic tyre imports contracted significantly to $3.2M in 2022. Over the period under review, imports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 3.3%. Over the period under review, imports hit record highs at $6.6M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Retreaded Pneumatic Tyre in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 1,366 | 1,999 | 1,086 | 1,345 | -0.5% |
Thailand | 228 | 233 | 423 | 808 | 52.5% |
Malaysia | 462 | 278 | 337 | 520 | 4.0% |
China | 1,842 | 1,404 | 2,004 | 140 | -57.6% |
Indonesia | 45.6 | N/A | N/A | 33.4 | -9.9% |
Australia | 90.0 | 5.3 | 21.5 | 22.8 | -36.7% |
Hong Kong SAR | 2,295 | 97.1 | 21.5 | 1.1 | -92.2% |
Taiwan (Chinese) | 3.6 | 1.3 | 8.5 | 0.4 | -51.9% |
Others | 246 | 216 | 470 | 315 | 8.6% |
Total | 6,578 | 4,233 | 4,371 | 3,186 | -21.5% |
Top Suppliers of Retreaded Pneumatic Tyre to Singapore in 2022:
- Hong Kong SAR (undefinedK units)
- Malaysia (9.0K units)
- Australia (7.7K units)
- Japan (6.2K units)
- Thailand (2.7K units)
- China (1.0K units)
- Indonesia (0.6K units)
- Taiwan (Chinese) (0.4K units)
Retreaded Pneumatic Tyre Exports in Singapore
For the third consecutive year, Singapore recorded decline in shipments abroad of retreaded pneumatic tyres, which decreased by -28.2% to 34K units in 2022. Over the period under review, exports recorded a sharp shrinkage. The smallest decline of -5.3% was in 2021. Over the period under review, the exports reached the maximum at 82K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, retreaded pneumatic tyre exports reduced modestly to $1.7M in 2022. In general, exports continue to indicate a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 5.2%. As a result, the exports reached the peak of $4.3M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Retreaded Pneumatic Tyre in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 1,184 | 429 | 734 | 659 | -17.7% |
Indonesia | 225 | 295 | 423 | 435 | 24.6% |
Thailand | 62.6 | 59.9 | 17.4 | 48.4 | -8.2% |
United Arab Emirates | N/A | N/A | N/A | 28.2 | 0% |
Afghanistan | 452 | 299 | 161 | 18.6 | -65.5% |
Hong Kong SAR | 458 | 114 | 2.7 | 15.4 | -67.7% |
New Zealand | 39.2 | N/A | N/A | N/A | 0% |
Others | 1,654 | 3,090 | 383 | 480 | -33.8% |
Total | 4,073 | 4,286 | 1,722 | 1,685 | -25.5% |
Top Export Markets for Retreaded Pneumatic Tyre from Singapore in 2022:
- Indonesia (26.3K units)
- Malaysia (3.0K units)
- United Arab Emirates (1.2K units)
- Afghanistan (0.8K units)
- Thailand (0.6K units)
- Hong Kong SAR (0.3K units)
This report provides an in-depth analysis of the retreaded pneumatic tyre market in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22112030 - Retreaded tyres of rubber of a kind used on motor cars
- Prodcom 22112050 - Retreaded tyres of rubber of a kind used on buses and lorries
- Prodcom 22112090 - Retreaded tyres of rubber (including of a kind used on aircraft, excluding of a kind used on motor cars, buses or lorries)
Country coverage:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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