Price for Retreaded Tyres; of A Kind Used On Aircraft in Hong Kong SAR - 2023
Contents:
- Price for Retreaded Tyres; of A Kind Used On Aircraft in Hong Kong SAR (FOB) - 2023
- Price for Retreaded Tyres; of A Kind Used On Aircraft in Hong Kong SAR (CIF) - 2022
- Exports of Retreaded Tyres; of A Kind Used On Aircraft in Hong Kong SAR
- Imports of Retreaded Tyres; of A Kind Used On Aircraft in Hong Kong SAR
Price for Retreaded Tyres; of A Kind Used On Aircraft in Hong Kong SAR (FOB) - 2023
The average export price for retreaded tyres; of a kind used on aircraft stood at $543 per unit in October 2023, jumping by 32% against the previous month. Over the period under review, the export price, however, showed a mild descent. Over the period under review, the average export prices attained the peak figure at $711 per unit in April 2023; however, from May 2023 to October 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Macao SAR ($2,092 per unit), while the average price for exports to Thailand ($279 per unit) was amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Retreaded Tyres; of A Kind Used On Aircraft in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for retreaded tyres; of a kind used on aircraft amounted to $877 per unit, with a decrease of -10.2% against the previous year. Over the period under review, the import price, however, saw a prominent increase. The pace of growth appeared the most rapid in 2018 an increase of 55%. Over the period under review, average import prices attained the maximum at $976 per unit in 2021, and then reduced in the following year.
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 Thailand ($1,364 per unit), while the price for China ($288 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+17.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Retreaded Tyres; of A Kind Used On Aircraft in Hong Kong SAR
In 2022, approx. 51K units of retreaded tyres; of a kind used on aircraft were exported from Hong Kong SAR; jumping by 35% on the previous year's figure. Over the period under review, exports, however, continue to indicate a noticeable contraction. The exports peaked at 59K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of retreaded tyres; of a kind used on aircraft soared to $33M in 2022. Overall, exports, however, saw a abrupt curtailment. The exports peaked at $40M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Retreaded Tyres; of A Kind Used On Aircraft in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 10.4 | 5.6 | 6.8 | 7.2 | -11.5% |
| Taiwan (Chinese) | 4.2 | 4.0 | 4.2 | 4.7 | 3.8% |
| Thailand | 3.0 | 1.8 | 3.4 | 4.1 | 11.0% |
| Vietnam | 3.7 | 2.0 | 1.3 | 3.2 | -4.7% |
| India | 3.5 | 1.8 | 1.4 | 2.8 | -7.2% |
| Philippines | 2.8 | 0.5 | 0.5 | 2.5 | -3.7% |
| Singapore | 6.0 | 2.8 | 1.7 | 2.0 | -30.7% |
| Indonesia | 2.1 | 1.6 | 1.6 | 1.8 | -5.0% |
| China | 2.1 | 1.6 | 2.0 | 1.6 | -8.7% |
| Others | 2.4 | 1.6 | 1.3 | 2.7 | 4.0% |
| Total | 40.3 | 23.2 | 24.1 | 32.6 | -6.8% |
Top Export Markets for Retreaded Tyres; of A Kind Used On Aircraft from Hong Kong SAR in 2022:
- Thailand (13.0K units)
- South Korea (7.3K units)
- Vietnam (5.2K units)
- India (4.8K units)
- China (4.0K units)
- Taiwan (Chinese) (3.7K units)
- Philippines (3.5K units)
- Indonesia (3.2K units)
- Singapore (2.3K units)
Imports of Retreaded Tyres; of A Kind Used On Aircraft in Hong Kong SAR
For the fourth consecutive year, Hong Kong SAR recorded growth in supplies from abroad of retreaded tyres; of a kind used on aircraft, which increased by 8.2% to 6.3K units in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 70% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, imports of retreaded tyres; of a kind used on aircraft dropped slightly to $5.5M in 2022. Overall, imports showed significant growth. The growth pace was the most rapid in 2020 when imports increased by 152%. Imports peaked at $5.7M in 2021, and then contracted slightly in the following year.
| Import of Retreaded Tyres; of A Kind Used On Aircraft in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 0.1 | 2.4 | 4.3 | 4.6 | 258.3% |
| China | 1.3 | 0.9 | 1.3 | 0.7 | -18.6% |
| Vietnam | N/A | N/A | N/A | 0.2 | 0% |
| Others | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Total | 1.4 | 3.4 | 5.7 | 5.5 | 57.8% |
Top Suppliers of Retreaded Tyres; of A Kind Used On Aircraft to Hong Kong SAR in 2022:
- Thailand (3.4K units)
- China (2.3K units)
- Vietnam (0.4K units)
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