Eastern Europe: Aircraft Tyre Market 2024

Aircraft Tyre Market Size in Eastern Europe

The East European aircraft tyre market fell rapidly to $X in 2022, reducing by X% against the previous year. Overall, consumption saw a pronounced decrease. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Aircraft Tyre Production in Eastern Europe

In value terms, aircraft tyre production declined to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate slight growth. The growth pace was the most rapid in 2014 with an increase of X%. The level of production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

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Aircraft Tyre Exports

Exports in Eastern Europe

In 2022, after two years of decline, there was significant growth in overseas shipments of tyres for aircraft, when their volume increased by X% to X units. In general, exports, however, recorded a abrupt decrease. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, aircraft tyre exports surged to $X in 2022. Over the period under review, exports, however, continue to indicate a deep contraction. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X units) and the Czech Republic (X units) dominates exports structure, together making up X% of total exports. It was distantly followed by Lithuania (X units), constituting a X% share of total exports. The following exporters - Slovakia (X units), Poland (X units), Ukraine (X units), Belarus (X units) and Bulgaria (X units) - each recorded a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Bulgaria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest aircraft tyre supplying countries in Eastern Europe were Russia ($X), the Czech Republic ($X) and Lithuania ($X), together comprising X% of total exports. Belarus, Poland, Bulgaria, Slovakia and Ukraine lagged somewhat behind, together accounting for a further X%.

Bulgaria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, picking up by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the export price increased by X%. The level of export peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced more modest paces of growth.

Aircraft Tyre Imports

Imports in Eastern Europe

In 2022, the amount of tyres for aircraft imported in Eastern Europe contracted significantly to X units, which is down by X% compared with the year before. Over the period under review, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, aircraft tyre imports reduced dramatically to $X in 2022. In general, imports saw a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Russia (X units), distantly followed by the Czech Republic (X units), Ukraine (X units), Romania (X units), Belarus (X units), Lithuania (X units), Poland (X units) and Hungary (X units) represented the key importers of tyres for aircraft, together achieving X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Hungary (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported tyres for aircraft in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by Ukraine ($X), with a X% share of total imports. It was followed by Romania, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Russia stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and Romania (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per unit), while the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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