Thailand - Tyres For Aircraft - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAircraft Tyre Price in Thailand - 2023
Contents:
- Aircraft Tyre Price in Thailand (FOB) - 2023
- Aircraft Tyre Price in Thailand (CIF) - 2023
- Aircraft Tyre Exports in Thailand
- Aircraft Tyre Imports in Thailand
Aircraft Tyre Price in Thailand (FOB) - 2023
In July 2023, the average aircraft tyre export price amounted to $684 per unit, with an increase of 17% against the previous month. Over the last ten-month period, it increased at an average monthly rate of +2.9%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($1,678 per unit), while the average price for exports to the United States ($350 per unit) was amongst the lowest.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.
Aircraft Tyre Price in Thailand (CIF) - 2023
The average aircraft tyre import price stood at $1,911 per unit in July 2023, waning by -4.1% against the previous month. In general, the import price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in March 2023 an increase of 142% against the previous month. The import price peaked at $2,007 per unit in May 2023; afterwards, it flattened through to July 2023.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Japan ($2,070 per unit), while the price for the United States ($789 per unit) was amongst the lowest.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Japan (+22.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Aircraft Tyre Exports in Thailand
In 2022, approx. 379K units of tyres for aircraft were exported from Thailand; rising by 26% against 2021 figures. In general, exports recorded a prominent expansion. The pace of growth was the most pronounced in 2021 when exports increased by 59% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, aircraft tyre exports soared to $216M in 2022. Overall, exports posted a prominent expansion. The growth pace was the most rapid in 2021 when exports increased by 69%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the immediate term.
Export of Aircraft Tyre in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 45.9 | 31.0 | 55.0 | 92.0 | 26.1% |
France | 42.1 | 13.7 | 20.8 | 44.7 | 2.0% |
Netherlands | 7.6 | 2.3 | 6.4 | 11.4 | 14.5% |
China | 15.4 | 15.7 | 19.1 | 9.6 | -14.6% |
India | 5.5 | 2.4 | 5.1 | 7.7 | 11.9% |
Singapore | 1.3 | 1.2 | 1.7 | 4.0 | 45.4% |
Brazil | 1.3 | 0.9 | 2.7 | 3.8 | 43.0% |
Australia | 3.7 | 2.0 | 3.1 | 3.6 | -0.9% |
Others | 20.2 | 17.7 | 32.7 | 39.7 | 25.3% |
Total | 143 | 86.8 | 147 | 216 | 14.7% |
Top Export Markets for Aircraft Tyre from Thailand in 2022:
- United States (211.7K units)
- France (60.8K units)
- Netherlands (28.0K units)
- Australia (13.4K units)
- China (10.6K units)
- Brazil (8.7K units)
- Singapore (8.4K units)
- India (7.1K units)
Aircraft Tyre Imports in Thailand
In 2022, overseas purchases of tyres for aircraft were finally on the rise to reach 8.9K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a abrupt descent. Over the period under review, imports hit record highs at 17K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, aircraft tyre imports rose markedly to $7.9M in 2022. Over the period under review, imports, however, continue to indicate a drastic downturn. Over the period under review, imports hit record highs at $12M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Aircraft Tyre in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 3.8 | 2.7 | 3.2 | 3.8 | 0.0% |
United States | 3.0 | 3.8 | 2.6 | 2.1 | -11.2% |
Japan | 1.7 | 0.9 | 1.0 | 1.3 | -8.6% |
Hong Kong SAR | 0.8 | 0.2 | N/A | N/A | -75.0% |
Sweden | N/A | N/A | N/A | N/A | 0% |
United Arab Emirates | 2.0 | N/A | N/A | N/A | 0% |
Others | 0.3 | 3.2 | 0.5 | 0.6 | 26.0% |
Total | 11.6 | 10.8 | 7.4 | 7.9 | -12.0% |
Top Suppliers of Aircraft Tyre to Thailand in 2022:
- Hong Kong SAR (undefinedK units)
- France (3.4K units)
- United States (2.8K units)
- Japan (1.8K units)
- Sweden (0.1K units)
This report provides an in-depth analysis of the aircraft tyre market in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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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Aircraft Tyre exports reached their peak in 2023 and are expected to keep growing. The value of exports surged to $248M in 2023.
From April 2023 to November 2023, the Aircraft Tyre exports experienced a slowdown, with a modest decline in value to $24M in November 2023.
In February of 2023, aircraft tyre prices stood at $682 per unit (FOB Thailand), an increase of 18% from the previous month.
From 2022 to 2023, the growth of the exports of Tyre remained at a lower figure. In value terms, Tyre exports rose rapidly to $7B in 2023.
Discover the passenger car tyre prices of Thailand in May 2023. The cost per unit was $42.3 (FOB) which equated to the price of the previous month.
Explore the top import markets for agricultural, construction, and industrial machinery tyres in 2023. Find out which countries are leading the way in importing high-quality tyres for various sectors.
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