Philippines - Retreaded Pneumatic Tyres - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRetreaded Pneumatic Tyre Price in the Philippines - 2023
Contents:
- Retreaded Pneumatic Tyre Price in the Philippines (FOB) - 2022
- Retreaded Pneumatic Tyre Price in the Philippines (CIF) - 2022
- Retreaded Pneumatic Tyre Exports in the Philippines
- Retreaded Pneumatic Tyre Imports in the Philippines
Retreaded Pneumatic Tyre Price in the Philippines (FOB) - 2022
The average retreaded pneumatic tyre export price stood at $64 per unit in 2022, waning by -73.2% against the previous year. Overall, the export price showed a abrupt decrease. The pace of growth appeared the most rapid in 2015 an increase of 165% against the previous year. As a result, the export price reached the peak level of $546 per unit. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($8,189 per unit), while the average price for exports to Thailand ($45 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 the United States (+39.2%), while the prices for the other major destinations experienced a decline.
Retreaded Pneumatic Tyre Price in the Philippines (CIF) - 2022
The average retreaded pneumatic tyre import price stood at $16 per unit in 2022, falling by -6.9% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible increase. The most prominent rate of growth was recorded in 2015 an increase of 231% against the previous year. Over the period under review, average import prices reached the peak figure at $54 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($258 per unit), while the price for South Korea ($5.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+57.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Retreaded Pneumatic Tyre Exports in the Philippines
In 2022, retreaded pneumatic tyre exports from the Philippines shrank markedly to 853 units, with a decrease of -98.2% against the year before. Overall, exports continue to indicate a sharp reduction. The pace of growth appeared the most rapid in 2021 with an increase of 15% against the previous year. Over the period under review, the exports attained the maximum at 113K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, retreaded pneumatic tyre exports declined rapidly to $54K in 2022. Over the period under review, exports showed a sharp slump. The smallest decline of -21.4% was in 2021. Over the period under review, the exports attained the peak figure at $24M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Retreaded Pneumatic Tyre in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 24.0 | 14.1 | 10.4 | N/A | -34.2% |
Thailand | 0.1 | 0.1 | N/A | N/A | 0.0% |
United States | 0.1 | 0.1 | 0.8 | N/A | 182.8% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 24.3 | 14.3 | 11.2 | 0.1 | -84.0% |
Top Export Markets for Retreaded Pneumatic Tyre from the Philippines in 2022:
- Thailand (831.0 units)
- China (9.0 units)
- United States (1.0 units)
Retreaded Pneumatic Tyre Imports in the Philippines
In 2022, purchases abroad of retreaded pneumatic tyres was finally on the rise to reach 73K units after two years of decline. Overall, imports, however, continue to indicate a pronounced curtailment. Imports peaked at 83K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, retreaded pneumatic tyre imports soared to $1.2M in 2022. Over the period under review, imports, however, saw a mild decline. Over the period under review, imports reached the peak figure at $1.2M in 2019; afterwards, it flattened through to 2022.
Import of Retreaded Pneumatic Tyre in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 150 | 40.1 | 149 | 469 | 46.2% |
Japan | 54.9 | 40.3 | 50.6 | 169 | 45.5% |
Thailand | 377 | 178 | 38.3 | 39.0 | -53.1% |
South Korea | 4.2 | 4.2 | 17.9 | 19.5 | 66.8% |
Taiwan (Chinese) | 265 | 87.3 | 104 | N/A | -37.4% |
Others | 372 | 156 | 156 | 467 | 7.9% |
Total | 1,223 | 505 | 515 | 1,163 | -1.7% |
Top Suppliers of Retreaded Pneumatic Tyre to the Philippines in 2022:
- China (61.3K units)
- Japan (6.5K units)
- South Korea (3.3K units)
- Thailand (0.2K units)
This report provides an in-depth analysis of the retreaded pneumatic tyre market in the Philippines. 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 22112030 - Retreaded tyres of rubber of a kind used on motor cars
- Prodcom 22112050 - Retreaded tyres of rubber of a kind used on buses and lorries
- Prodcom 22112090 - Retreaded tyres of rubber (including of a kind used on aircraft, excluding of a kind used on motor cars, buses or lorries)
Country coverage:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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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