Pakistan: Aircraft Tyre Market 2024

Aircraft Tyre Market Size in Pakistan

The Pakistani aircraft tyre market dropped to $X in 2022, reducing by X% against the previous year. Overall, consumption showed a mild curtailment. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Aircraft Tyre Production in Pakistan

In value terms, aircraft tyre production fell modestly to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

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Aircraft Tyre Exports

Exports from Pakistan

In 2022, approx. X units of tyres for aircraft were exported from Pakistan; with an increase of X% compared with the previous year's figure. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, aircraft tyre exports surged to $X in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X units) was the main destination for aircraft tyre exports from Pakistan, accounting for a X% share of total exports. Moreover, aircraft tyre exports to France exceeded the volume sent to the second major destination, the UK (X units), sevenfold. The third position in this ranking was taken by the United States (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and the United States (X% per year).

In value terms, France ($X) emerged as the key foreign market for tyres for aircraft exports from Pakistan, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and the UK (X% per year).

Export Prices by Country

In 2022, the average aircraft tyre export price amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price saw a deep contraction. The pace of growth was the most pronounced in 2016 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to the UK ($X 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 Thailand (X%), while the prices for the other major destinations experienced mixed trend patterns.

Aircraft Tyre Imports

Imports into Pakistan

In 2022, the amount of tyres for aircraft imported into Pakistan surged to X units, with an increase of X% compared with the previous year's figure. In general, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, aircraft tyre imports skyrocketed to $X in 2022. Overall, imports saw a prominent increase. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Thailand (X units), the United Arab Emirates (X units) and Hong Kong SAR (X units) were the main suppliers of aircraft tyre imports to Pakistan, together comprising X% of total imports.

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

In value terms, the United Arab Emirates ($X), Thailand ($X) and Singapore ($X) appeared to be the largest aircraft tyre suppliers to Pakistan, with a combined X% share of total imports.

In terms of the main suppliers, Thailand, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average aircraft tyre import price stood at $X per unit in 2022, which is down by X% against the previous year. In general, the import price showed a perceptible reduction. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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