Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Italy - 2022

Contents:

  1. Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Italy (CIF) - 2022
  2. Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Italy (FOB) - 2022
  3. Imports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Italy
  4. Exports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Italy

Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Italy (CIF) - 2022

In 2022, the average import price for new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses amounted to $6.1 per unit, declining by -12.5% against the previous year. Over the period under review, the import price faced a abrupt downturn. The pace of growth appeared the most rapid in 2016 a decrease of -2.9% against the previous year. The import price peaked at $35 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($42 per unit), while the price for China ($2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-7.3%), while the prices for the other major suppliers experienced a decline.

Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Italy (FOB) - 2022

In 2022, the average export price for new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses amounted to $66 per unit, surging by 33% against the previous year. Overall, the export price, however, showed a noticeable descent. Over the period under review, the average export prices hit record highs at $102 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($298 per unit), while the average price for exports to Turkey ($8 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 (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Italy

For the fourth consecutive year, Italy recorded growth in overseas purchases of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses, which increased by 9.4% to 596K units in 2022. The total import volume increased at an average annual rate of +9.4% 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 2020 with an increase of 9.4%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses reduced to $3.7M in 2022. Over the period under review, imports, however, saw a pronounced contraction. The smallest decline of -4.2% was in 2020. Over the period under review, imports of attained the maximum at $4.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,1821,035901779-13.0%
Germany5215295345361.0%
Belgium4374634875105.3%
Netherlands663598535477-10.4%
Luxembourg4004074124141.2%
Indonesia225224222218-1.0%
Slovenia71.977.984.089.97.7%
Others671661651640-1.6%
Total4,1713,9953,8263,664-4.2%

Top Suppliers of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles to Italy in 2022:

  1. China (388.5K units)
  2. Indonesia (72.6K units)
  3. Germany (27.6K units)
  4. Netherlands (21.1K units)
  5. Luxembourg (20.8K units)
  6. Slovenia (20.5K units)
  7. Belgium (12.0K units)

Exports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Italy

For the third year in a row, Italy recorded decline in shipments abroad of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses, which decreased by -12.5% to 588 units in 2022. In general, exports recorded a drastic downturn. The smallest decline of -12% was in 2020. Over the period under review, the exports of reached the maximum at 872 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses surged to $39K in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 17% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Libya5.97.18.510.220.0%
Poland3.84.65.56.620.2%
Germany3.03.74.45.320.9%
Panama1.82.22.73.221.1%
Thailand1.82.12.63.119.9%
Cyprus1.31.51.82.219.2%
United States1.21.21.21.20.0%
Morocco0.50.60.80.921.6%
Romania0.30.30.30.410.1%
Belgium0.30.30.40.410.1%
Hong Kong SAR0.20.20.20.20.0%
Turkey0.20.10.10.1-20.6%
Others4.34.54.85.15.9%
Total24.528.633.438.916.7%

Top Export Markets for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles from Italy in 2022:

  1. Libya (215.0 units)
  2. Panama (51.0 units)
  3. Thailand (43.0 units)
  4. Cyprus (31.0 units)
  5. United States (25.0 units)
  6. Poland (22.0 units)
  7. Romania (21.0 units)
  8. Germany (18.0 units)
  9. Hong Kong SAR (18.0 units)
  10. Morocco (15.0 units)
  11. Turkey (14.0 units)
  12. Belgium (12.0 units)

Source: IndexBox Market Intelligence Platform

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