Canada - Tyres For Aircraft - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAircraft Tyre Price in Canada - 2023
Contents:
- Price Forecast for Tyres For Aircraft in Canada till 2025
- Aircraft Tyre Price in Canada (CIF) - 2023
- Aircraft Tyre Price in Canada (FOB) - 2023
- Aircraft Tyre Imports in Canada
- Aircraft Tyre Exports in Canada
Price Forecast for Tyres For Aircraft in Canada till 2025
Aircraft Tyre Price in Canada (CIF) - 2023
The average aircraft tyre import price stood at $762 per unit in February 2023, with a decrease of -31.9% against the previous month. In general, the import price showed a slight descent. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 53% month-to-month. As a result, import price reached the peak level of $1,119 per unit, and then fell dramatically in the following month.
There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was the UK ($1,259 per unit), while the price for the United States ($681 per unit) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by the UK (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Aircraft Tyre Price in Canada (FOB) - 2023
The average aircraft tyre export price stood at $1,074 per unit in February 2023, growing by 21% against the previous month. Over the period under review, the export price, however, showed a noticeable contraction. The pace of growth was the most pronounced in May 2022 an increase of 169% month-to-month. Over the period under review, the average export prices reached the peak figure at $1,652 per unit in February 2022; afterwards, it flattened through to February 2023.
There were significant differences in the average prices for the major foreign markets. In February 2023, the country with the highest price was the United States ($1,783 per unit), while the average price for exports to Turkey ($407 per unit) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.
Aircraft Tyre Imports in Canada
Aircraft tyre imports into Canada soared to 59K units in 2022, with an increase of 108% compared with the previous year's figure. Over the period under review, imports continue to indicate a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, aircraft tyre imports surged to $32M in 2022. In general, imports continue to indicate strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tyres for Aircraft in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 17.8 | 9.5 | 9.3 | 20.5 | 4.8% |
| Thailand | 2.9 | 1.6 | 3.3 | 5.7 | 25.3% |
| United Kingdom | 3.2 | 1.2 | 1.7 | 3.4 | 2.0% |
| France | 1.5 | 0.9 | 1.1 | 2.0 | 10.1% |
| Germany | N/A | 0.9 | N/A | 0.5 | -25.5% |
| Brazil | 0.3 | 0.1 | 0.1 | 0.3 | 0.0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 25.6 | 14.3 | 15.6 | 32.4 | 8.2% |
Top Suppliers of Tyres for Aircraft to Canada in 2022:
- United States (37.6K units)
- Thailand (10.5K units)
- United Kingdom (5.2K units)
- Germany (2.4K units)
- France (2.3K units)
- Brazil (1.0K units)
Aircraft Tyre Exports in Canada
In 2022, the amount of tyres for aircraft exported from Canada surged to 1.8K units, rising by 178% on 2021. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, aircraft tyre exports soared to $1.3M in 2022. Over the period under review, exports saw a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Tyres for Aircraft in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 224 | 156 | 157 | 409 | 22.2% |
| France | 451 | 7.4 | 36.4 | 353 | -7.8% |
| China | 5.6 | 24.3 | 89.0 | 232 | 246.0% |
| United Kingdom | 27.4 | 97.0 | 81.0 | 211 | 97.5% |
| Mexico | 22.4 | 0.8 | 30.3 | 78.7 | 52.0% |
| Jamaica | 3.1 | 1.9 | 0.6 | 4.0 | 8.9% |
| Others | 208 | 150 | 64.1 | N/A | -44.5% |
| Total | 940 | 437 | 458 | 1,287 | 11.0% |
Top Export Markets for Tyres for Aircraft from Canada in 2022:
- United States (1192.0 units)
- France (219.0 units)
- China (153.0 units)
- United Kingdom (131.0 units)
- Mexico (62.0 units)
- Jamaica (33.0 units)
This report provides an in-depth analysis of the aircraft tyre market in Canada. 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:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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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The tyre industry has witnessed significant growth over the years, driven by the increasing demand for automobiles and the expanding global automotive industry. As a result, tire manufacturers around the world are constantly looking to tap into the best import markets for tyres to ensure their products reach a wider audience. The IndexBox Market Intelligence Platform provides comprehensive and up-to-date data on global trade, including import values, market trends, and key statistics. Based on the data sourced from the IndexBox platform, we have compiled a list of the top 10 countries with the highest import values for tyres in 2022. The United States takes the top spot with an import value of $18.7 billion in 2022, followed by Germany and France. Emerging economies like Mexico, Canada, and Australia also contribute significantly to the import market for tyres. The IndexBox market intelligence platform delivers valuable insights into these markets, helping manufacturers and traders make informed decisions and capitalize on the opportunities available.
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