Sri Lanka - Retreaded Pneumatic Tyres - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRetreaded Pneumatic Tyre Price in Sri Lanka - 2021
Contents:
- Retreaded Pneumatic Tyre Price in Sri Lanka (FOB) - 2022
- Retreaded Pneumatic Tyre Price in Sri Lanka (CIF) - 2022
- Retreaded Pneumatic Tyre Exports in Sri Lanka
- Retreaded Pneumatic Tyre Imports in Sri Lanka
Retreaded Pneumatic Tyre Price in Sri Lanka (FOB) - 2022
The average retreaded pneumatic tyre export price stood at $58 per unit in 2022, with a decrease of -74.4% against the previous year. In general, the export price showed a abrupt downturn. The growth pace was the most rapid in 2017 when the average export price increased by 127%. The export price peaked at $226 per unit in 2021, and then contracted rapidly in the following year.
As there is only one major export destination, the average price level is determined by prices for Maldives.
From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to +20.9% per year.
Retreaded Pneumatic Tyre Price in Sri Lanka (CIF) - 2022
The average retreaded pneumatic tyre import price stood at $310 per unit in 2022, dropping by -10.7% against the previous year. In general, the import price, however, posted significant growth. The most prominent rate of growth was recorded in 2013 an increase of 821% against the previous year. The import price peaked at $475 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($569 per unit), while the price for Australia ($6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+41.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Retreaded Pneumatic Tyre Exports in Sri Lanka
For the third consecutive year, Sri Lanka recorded decline in overseas shipments of retreaded pneumatic tyres, which decreased by -47.9% to 244 units in 2022. In general, exports showed a significant curtailment. The smallest decline of -32.9% was in 2020. The exports peaked at 1.1K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, retreaded pneumatic tyre exports declined markedly to $14K in 2022. Overall, exports faced a dramatic decrease. The smallest decline of -26.3% was in 2020. Over the period under review, the exports hit record highs at $216K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Retreaded Pneumatic Tyre in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 0.2 | 0.4 | 0.6 | 14.1 | 313.1% |
| Nigeria | 18.9 | N/A | N/A | N/A | 0% |
| Zimbabwe | 33.2 | 16.5 | 9.7 | N/A | -45.9% |
| Sweden | 0.7 | 0.3 | 0.2 | N/A | -46.5% |
| Malaysia | 6.4 | 2.3 | 1.9 | N/A | -45.5% |
| United Kingdom | 3.0 | 0.2 | 0.2 | N/A | -74.2% |
| Singapore | 7.1 | 3.4 | 2.0 | N/A | -46.9% |
| Poland | 7.8 | 20.1 | 12.3 | N/A | 25.6% |
| Iceland | 11.6 | 3.7 | 0.9 | N/A | -72.1% |
| Egypt | N/A | N/A | 7.6 | N/A | 0% |
| Mexico | 52.2 | 32.3 | 23.6 | N/A | -32.8% |
| Qatar | 24.1 | 32.8 | 20.3 | N/A | -8.2% |
| Bahrain | 14.6 | 9.1 | 6.6 | N/A | -32.8% |
| Others | 36.3 | 38.3 | 19.7 | N/A | -26.3% |
| Total | 216 | 159 | 106 | 14.1 | -59.7% |
Top Export Markets for Retreaded Pneumatic Tyre from Sri Lanka in 2022:
- Maldives (244.0 units)
Retreaded Pneumatic Tyre Imports in Sri Lanka
In 2022, overseas purchases of retreaded pneumatic tyres were finally on the rise to reach 909 units after two years of decline. Over the period under review, imports, however, faced a drastic downturn. Imports peaked at 1.6K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, retreaded pneumatic tyre imports declined to $282K in 2022. In general, imports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 3.8%. Imports peaked at $428K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Retreaded Pneumatic Tyre in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 386 | 250 | 265 | 258 | -12.6% |
| India | 2.7 | 6.9 | 6.5 | 7.0 | 37.4% |
| United Arab Emirates | 1.0 | 2.9 | 3.3 | 3.7 | 54.7% |
| China | 1.7 | 3.6 | 3.3 | 3.2 | 23.5% |
| Japan | 0.9 | 1.4 | 1.1 | 1.5 | 18.6% |
| South Korea | 8.1 | 3.8 | 0.2 | 1.5 | -43.0% |
| Singapore | 3.8 | 2.2 | 0.2 | 1.3 | -30.1% |
| Australia | 19.8 | 1.5 | 0.9 | 0.8 | -65.7% |
| Others | 4.6 | 3.8 | 6.1 | 5.0 | 2.8% |
| Total | 428 | 276 | 287 | 282 | -13.0% |
Top Suppliers of Retreaded Pneumatic Tyre to Sri Lanka in 2022:
- Hong Kong SAR (453.0 units)
- India (146.0 units)
- Australia (135.0 units)
- United Arab Emirates (49.0 units)
- South Korea (44.0 units)
- Japan (32.0 units)
- China (15.0 units)
- Singapore (12.0 units)
This report provides an in-depth analysis of the retreaded pneumatic tyre market in Sri Lanka. 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:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- 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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