Scandinavia: Aircraft Tyre Market 2024

Aircraft Tyre Market Size in Scandinavia

The Scandinavia aircraft tyre market rose sharply to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, showed a noticeable increase. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the immediate term.

Aircraft Tyre Production in Scandinavia

In value terms, aircraft tyre production surged to $X in 2022 estimated in export price. In general, production, however, continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Aircraft Tyre Exports

Exports in Scandinavia

In 2022, approx. X units of tyres for aircraft were exported in Scandinavia; rising by X% compared with 2021 figures. Overall, exports recorded a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, aircraft tyre exports contracted rapidly to $X in 2022. Over the period under review, exports, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then declined sharply in the following year.

Exports by Country

Sweden represented the major exporter of tyres for aircraft in Scandinavia, with the volume of exports resulting at X units, which was approx. X% of total exports in 2022. Norway (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Finland (X%).

Exports from Sweden increased at an average annual rate of X% from 2012 to 2022. At the same time, Finland (X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of X% from 2012-2022. By contrast, Norway (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Sweden and Finland increased by X and X percentage points, respectively.

In value terms, Sweden ($X) emerged as the largest aircraft tyre supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was taken by Norway ($X), with a X% share of total exports.

In Sweden, aircraft tyre exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Norway (X% per year) and Finland (X% per year).

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per unit, declining by X% against the previous year. In general, the export price showed a drastic downturn. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit, and then fell markedly in the following year.

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 Sweden ($X per unit), while Finland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced a decline in the export price figures.

Aircraft Tyre Imports

Imports in Scandinavia

In 2022, the amount of tyres for aircraft imported in Scandinavia shrank to X units, which is down by X% against the year before. Total imports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then contracted in the following year.

In value terms, aircraft tyre imports soared to $X in 2022. In general, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Imports by Country

In 2022, Sweden (X units) represented the major importer of tyres for aircraft, making up X% of total imports. Norway (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Finland (X%).

From 2012 to 2022, average annual rates of growth with regard to aircraft tyre imports into Sweden stood at X%. At the same time, Finland (X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of X% from 2012-2022. By contrast, Norway (X%) illustrated a downward trend over the same period. Sweden (X p.p.) and Finland (X p.p.) significantly strengthened its position in terms of the total imports, while Norway saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Sweden ($X) constitutes the largest market for imported tyres for aircraft in Scandinavia, comprising X% of total imports. The second position in the ranking was taken by Norway ($X), with a X% share of total imports.

In Sweden, aircraft tyre imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Norway (X% per year) and Finland (X% per year).

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per unit, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Finland ($X per unit), while Norway ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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