U.S. - Tyres For Aircraft - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingImport of Aircraft Tyres in United States Surges to $17M in May 2023
U.S. Aircraft Tyre Imports
In May 2023, purchases abroad of tyres for aircraft decreased by -10.1% to 29K units for the first time since February 2023, thus ending a two-month rising trend. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 with an increase of 31% month-to-month. As a result, imports attained the peak of 35K units. From February 2023 to May 2023, the growth of imports remained at a somewhat lower figure.
In value terms, aircraft tyre imports amounted to $17M (IndexBox estimates) in May 2023. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when imports increased by 39% month-to-month. As a result, imports reached the peak of $18M. From February 2023 to May 2023, the growth of imports remained at a lower figure.
| COUNTRY | Import Value of Aircraft Tyre in U.S. (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | |
| Thailand | 7.3 | 7.2 | 4.9 | 7.0 | 7.8 | 8.3 | 9.0 | 7.8 | 10.2 | 5.2 | 4.9 | 9.0 | 7.1 |
| France | 1.8 | 2.5 | 5.6 | 3.0 | 1.9 | 4.7 | 2.3 | 1.5 | 3.6 | 1.5 | 2.1 | 2.4 | 4.4 |
| Japan | 4.1 | 3.8 | 2.7 | 3.9 | 3.4 | 3.5 | 3.7 | 2.7 | 3.6 | 4.6 | 2.7 | 2.8 | 3.8 |
| United Kingdom | 1.8 | 1.1 | 1.0 | 1.1 | 0.7 | 0.7 | 1.4 | 1.2 | 1.0 | 0.5 | 1.5 | 1.0 | 1.3 |
| Canada | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | N/A | N/A | < 0.1 | < 0.1 | 0.2 |
| Serbia | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | < 0.1 | N/A | 0.1 | < 0.1 | < 0.1 |
| Others | 0.3 | 0.1 | 0.2 | 0.2 | 0.2 | < 0.1 | 0.2 | < 0.1 | < 0.1 | 0.1 | 0.3 | 0.3 | < 0.1 |
| Total | 15.4 | 14.8 | 14.3 | 15.3 | 14.0 | 17.3 | 16.7 | 13.3 | 18.4 | 11.9 | 11.7 | 15.5 | 16.9 |
Imports by Country
In May 2023, Thailand (18K units) constituted the largest aircraft tyre supplier to the United States, accounting for a 63% share of total imports. Moreover, aircraft tyre imports from Thailand exceeded the figures recorded by the second-largest supplier, France (4.2K units), fourfold. The third position in this ranking was held by Japan (3.3K units), with an 11% share.
From May 2022 to May 2023, the average monthly rate of growth in terms of volume from Thailand was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: France (+6.1% per month) and Japan (-2.9% per month).
In value terms, Thailand ($7.1M), France ($4.4M) and Japan ($3.8M) appeared to be the largest aircraft tyre suppliers to the United States, together accounting for 91% of total imports. These countries were followed by the UK, Canada and Serbia, which together accounted for a further 9%.
In terms of the main suppliers, Serbia, with a CAGR of +93.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In May 2023, the aircraft tyre price amounted to $576 per unit (CIF, US), rising by 21% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2022 when the average import price increased by 27% month-to-month. As a result, import price reached the peak level of $625K per thousand units. From August 2022 to May 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($1,148 per unit), while the price for Serbia ($57.1 per unit) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Canada (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the aircraft tyre market in the U.S.. 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 22111370 - New pneumatic rubber tyres for aircraft
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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
