Price for Retreaded Tyres; of A Kind Used On Aircraft in India - 2023

Contents:

  1. Price for Retreaded Tyres; of A Kind Used On Aircraft in India (CIF) - 2023
  2. Price for Retreaded Tyres; of A Kind Used On Aircraft in India (FOB) - 2023
  3. Imports of Retreaded Tyres; of A Kind Used On Aircraft in India
  4. Exports of Retreaded Tyres; of A Kind Used On Aircraft in India

Price for Retreaded Tyres; of A Kind Used On Aircraft in India (CIF) - 2023

In October 2023, the average import price for retreaded tyres; of a kind used on aircraft amounted to $309 per unit, increasing by 11% against the previous month. Overall, the import price, however, continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 61% month-to-month. As a result, import price attained the peak level of $465 per unit. From June 2023 to October 2023, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Thailand ($314 per unit), while the price for China ($245 per unit) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+0.6%), while the prices for the other major suppliers experienced a decline.

Price for Retreaded Tyres; of A Kind Used On Aircraft in India (FOB) - 2023

The average export price for retreaded tyres; of a kind used on aircraft stood at $265 per unit in October 2023, growing by 13% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 72% m-o-m. As a result, the export price reached the peak level of $372 per unit. From February 2023 to October 2023, the the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Thailand.

From November 2022 to October 2023, the rate of growth in terms of prices for Thailand amounted to +1.2% per month.

Imports of Retreaded Tyres; of A Kind Used On Aircraft in India

In 2022, imports of retreaded tyres; of a kind used on aircraft into India skyrocketed to 20K units, rising by 29% compared with the previous year. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 61%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of retreaded tyres; of a kind used on aircraft skyrocketed to $7.9M in 2022. In general, imports, however, recorded a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 46%. Over the period under review, imports of attained the maximum at $9.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Retreaded Tyres; of A Kind Used On Aircraft in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand4.72.53.85.87.3%
Hong Kong SAR3.51.31.41.7-21.4%
China0.60.20.40.3-20.6%
Others0.4N/A0.3N/A-13.4%
Total9.24.05.97.9-5.0%

Top Suppliers of Retreaded Tyres; of A Kind Used On Aircraft to India in 2022:

  1. Thailand (15.4K units)
  2. Hong Kong SAR (3.7K units)
  3. China (1.2K units)

Exports of Retreaded Tyres; of A Kind Used On Aircraft in India

In 2022, exports of retreaded tyres; of a kind used on aircraft from India skyrocketed to 26K units, jumping by 25% on the previous year's figure. Over the period under review, exports, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 37% against the previous year. Over the period under review, the exports of reached the maximum at 31K 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 reached $6.8M in 2022. Overall, exports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 56%. The exports peaked at $8.2M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Retreaded Tyres; of A Kind Used On Aircraft in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand5.22.74.44.9-2.0%
Hong Kong SAR2.81.01.31.6-17.0%
China0.20.10.10.1-20.6%
OthersN/AN/A0.20.20.0%
Total8.23.86.06.8-6.0%

Top Export Markets for Retreaded Tyres; of A Kind Used On Aircraft from India in 2022:

  1. Thailand (19.4K units)
  2. Hong Kong SAR (4.9K units)
  3. China (1.8K units)

Source: IndexBox Market Intelligence Platform

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