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

Contents:

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

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

In 2022, the average import price for new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses amounted to $93 per unit, waning by -1.6% against the previous year. Overall, the import price saw a mild shrinkage. The pace of growth was the most pronounced in 2013 an increase of 61%. As a result, import price reached the peak level of $179 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

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 Japan ($226 per unit), while the price for Indonesia ($5.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.7%), 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 Spain (FOB) - 2022

In 2022, the average export price for new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses amounted to $21 per unit, falling by -10.8% against the previous year. In general, the export price saw a abrupt descent. The pace of growth was the most pronounced in 2014 an increase of 36%. As a result, the export price attained the peak level of $170 per unit. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($224 per unit), while the average price for exports to Saudi Arabia ($3.5 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 South Africa (+14.4%), 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 Spain

In 2022, approx. 251K units of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses were imported into Spain; with an increase of 17% on the previous year. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses rose significantly to $23M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.9% 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 +51.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.46.08.010.634.1%
Japan9.29.710.110.44.2%
United States0.50.50.50.50.0%
India0.20.30.30.426.0%
IndonesiaN/AN/AN/AN/A0%
Others0.91.11.21.415.9%
Total15.317.620.223.214.9%

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

  1. China (149.4K units)
  2. Japan (45.8K units)
  3. United States (26.9K units)
  4. India (6.2K units)
  5. Indonesia (4.7K units)

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

After two years of decline, shipments abroad of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses increased by 326% to 20K units in 2022. Overall, exports, however, showed a drastic downturn. The exports peaked at 24K 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 $421K in 2022. Over the period under review, exports, however, recorded a abrupt decrease. The exports peaked at $731K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil14290.125.5105-9.6%
Chile22410823.171.9-31.5%
South Africa83.152.714.961.2-9.7%
Nicaragua80.951.314.559.6-9.7%
Mauritania49.331.38.836.3-9.7%
Morocco47.529.38.032.1-12.2%
Tanzania28.115.43.713.2-22.3%
New Caledonia23.313.23.312.3-19.2%
United States9.46.01.76.9-9.8%
Cote d'Ivoire9.55.81.66.2-13.3%
Panama6.53.70.93.4-19.4%
Saudi Arabia3.82.00.51.7-23.5%
Others23.112.24.011.4-21.0%
Total731421111421-16.8%

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

  1. Brazil (7.3K units)
  2. Nicaragua (4.1K units)
  3. Mauritania (2.5K units)
  4. Morocco (1.0K units)
  5. Tanzania (0.9K units)
  6. New Caledonia (0.8K units)
  7. Panama (0.7K units)
  8. United States (0.6K units)
  9. Saudi Arabia (0.5K units)
  10. Cote d'Ivoire (0.4K units)
  11. Chile (0.4K units)
  12. South Africa (0.3K units)

Source: IndexBox Market Intelligence Platform

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