Australia - Tyres For Aircraft - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAircraft Tyre Price in Australia - 2023
Contents:
- Aircraft Tyre Price in Australia (CIF) - 2023
- Aircraft Tyre Price in Australia (FOB) - 2022
- Aircraft Tyre Imports in Australia
- Aircraft Tyre Exports in Australia
Aircraft Tyre Price in Australia (CIF) - 2023
The average aircraft tyre import price stood at $742 per unit in August 2023, picking up by 20% against the previous month. In general, import price indicated pronounced growth from September 2022 to August 2023: its price increased at an average monthly rate of +4.3% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, aircraft tyre import price increased by +97.0% against March 2023 indices. The most prominent rate of growth was recorded in December 2022 an increase of 83% against the previous month. The import price peaked in August 2023.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was France ($2,049 per unit), while the price for Thailand ($508 per unit) was amongst the lowest.
From September 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the UK (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Aircraft Tyre Price in Australia (FOB) - 2022
The average aircraft tyre export price stood at $246 per unit in 2022, shrinking by -2.5% against the previous year. Overall, the export price saw a perceptible reduction. The pace of growth appeared the most rapid in 2021 an increase of 39%. Over the period under review, the average export prices reached the peak figure at $375 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Papua New Guinea ($1,142 per unit), while the average price for exports to Thailand ($138 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 Papua New Guinea (+4.2%), while the prices for the other major destinations experienced mixed trend patterns.
Aircraft Tyre Imports in Australia
In 2022, approx. 32K units of tyres for aircraft were imported into Australia; growing by 37% compared with the previous year. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +5.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, aircraft tyre imports expanded rapidly to $14M in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 33%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
Import of Aircraft Tyre in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3.8 | 3.2 | 4.9 | 4.9 | 8.8% |
Thailand | 4.6 | 2.8 | 3.7 | 4.5 | -0.7% |
United Kingdom | 1.6 | 1.1 | 1.0 | 1.3 | -6.7% |
France | 0.9 | 0.6 | 0.4 | 0.9 | 0.0% |
Singapore | 0.9 | 0.8 | 1.4 | 0.7 | -8.0% |
Others | 1.1 | 0.8 | 0.8 | 1.4 | 8.4% |
Total | 12.9 | 9.2 | 12.2 | 13.6 | 1.8% |
Top Suppliers of Aircraft Tyre to Australia in 2022:
- United States (13.4K units)
- Thailand (12.2K units)
- United Kingdom (3.1K units)
- Singapore (1.2K units)
- France (0.6K units)
Aircraft Tyre Exports in Australia
In 2022, approx. 11K units of tyres for aircraft were exported from Australia; increasing by 2.1% on 2021. Overall, exports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 11%. Over the period under review, the exports attained the maximum at 16K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, aircraft tyre exports shrank modestly to $2.7M in 2022. Over the period under review, exports, however, saw a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 53%. The exports peaked at $3.4M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Aircraft Tyre in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 1,595 | 642 | 801 | 1,124 | -11.0% |
New Zealand | 659 | 129 | 186 | 357 | -18.5% |
Papua New Guinea | 144 | 205 | 263 | 271 | 23.5% |
United States | 366 | 184 | 343 | 146 | -26.4% |
Indonesia | 101 | 69.8 | 93.7 | 105 | 1.3% |
Hong Kong SAR | 1.6 | 140 | 169 | 78.0 | 265.3% |
United Kingdom | 60.6 | 57.9 | 203 | 53.7 | -3.9% |
Others | 524 | 371 | 698 | 610 | 5.2% |
Total | 3,450 | 1,798 | 2,757 | 2,744 | -7.3% |
Top Export Markets for Aircraft Tyre from Australia in 2022:
- Thailand (8.1K units)
- New Zealand (1.1K units)
- United States (0.3K units)
- Indonesia (0.3K units)
- United Kingdom (0.3K units)
- Papua New Guinea (0.2K units)
- Hong Kong SAR (0.2K units)
This report provides an in-depth analysis of the aircraft tyre market in Australia. 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 22111370 - New pneumatic rubber tyres for aircraft
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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
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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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