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Road Wheel exports reached their peak at 307K tons in 2022 but failed to regain momentum from 2023 to 2024, with a decline in value to $1.2B in 2024.
During the review period, Road Wheel exports peaked at 307K tons in 2022 before decreasing in the following year. The export value saw a modest drop to $1.3B in 2023.
The Road Wheel exports reached a peak of 300K tons in 2022, but experienced a decline in the following year. In terms of value, Road Wheel exports slightly increased to $1.7B in 2023.
During the review period, Road Wheel imports peaked at 309K tons in 2018, but failed to regain momentum from 2019 to 2023. In terms of value, Road Wheel imports slightly decreased to $1.4B in 2023.
Discover the top import markets for road wheels, including the United States, Germany, Japan, and more. Learn about the key players driving the global demand for road wheels.
Road Wheel imports peaked at 15K tons in 2019 but remained lower from 2020 to 2023. In 2023, the value of Road Wheel imports was $44M.
The most notable growth rate was in September 2023 with a 22% month-on-month increase in imports. In terms of value, Road Wheel imports decreased to $144M in November 2023.
During September and October 2023, the exports experienced minimal growth, with a notable increase in the value of Road Wheel exports reaching $151M in October 2023.
Imports of Road Wheels experienced its most rapid growth in May 2023, with a staggering 176% increase compared to the previous month. In terms of value, the imports surged to $788K in October 2023.
Road Wheel exports experienced the most rapid growth in January 2023, with a remarkable 41% month-to-month increase. However, by August 2023, the value of these exports slightly decreased to $61M.
In March 2023, the rate of growth for Road Wheel reached its peak at a significant increase of 21% in comparison to the previous month. The value of road wheel imports in July 2023 was recorded at $115M.
In June 2023, the price of Road Wheel was $4,962 per ton (FOB, Thailand), which is similar to the previous month.
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