Hong Kong SAR, China - Tyres For Aircraft - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAircraft Tyre Price in Hong Kong SAR - 2023
Contents:
- Price Forecast for Tyres For Aircraft in Hong Kong SAR till 2025
- Aircraft Tyre Price in Hong Kong SAR (FOB) - 2023
- Aircraft Tyre Price in Hong Kong SAR (CIF) - 2023
- Aircraft Tyre Exports in Hong Kong SAR
- Aircraft Tyre Imports in Hong Kong SAR
Price Forecast for Tyres For Aircraft in Hong Kong SAR till 2025
Aircraft Tyre Price in Hong Kong SAR (FOB) - 2023
In January 2023, the average aircraft tyre export price amounted to $1,434 per unit, with an increase of 5.7% against the previous month. Over the period under review, export price indicated a strong increase from February 2022 to January 2023: its price increased at an average monthly rate of +5.8% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2023 figures, aircraft tyre export price increased by +11.6% against July 2022 indices. The pace of growth appeared the most rapid in March 2022 an increase of 52% m-o-m. Over the period under review, the average export prices hit record highs in January 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Bangladesh ($2,543 per unit), while the average price for exports to Indonesia ($986 per unit) was amongst the lowest.
From February 2022 to January 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+24.3%), while the prices for the other major destinations experienced more modest paces of growth.
Aircraft Tyre Price in Hong Kong SAR (CIF) - 2023
In January 2023, the average aircraft tyre import price amounted to $504 per unit, dropping by -2.9% against the previous month. In general, import price indicated a moderate expansion from February 2022 to January 2023: its price increased at an average monthly rate of +3.2% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2023 figures, aircraft tyre import price increased by +35.6% against September 2022 indices. The most prominent rate of growth was recorded in April 2022 when the average import price increased by 43% against the previous month. The import price peaked at $519 per unit in December 2022, and then reduced slightly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was France ($918 per unit), while the price for Japan ($445 per unit) was amongst the lowest.
From February 2022 to January 2023, the most notable rate of growth in terms of prices was attained by Japan (+4.5%), while the prices for the other major suppliers experienced a decline.
Aircraft Tyre Exports in Hong Kong SAR
In 2022, after two years of decline, there was significant growth in shipments abroad of tyres for aircraft, when their volume increased by 19% to 8.5K units. In general, exports, however, faced a deep contraction. Over the period under review, the exports attained the peak figure at 13K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, aircraft tyre exports soared to $8.5M in 2022. Overall, exports, however, faced a abrupt setback. Over the period under review, the exports hit record highs at $12M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Tyres for Aircraft in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 1,400 | 1,663 | 1,440 | 1,388 | -0.3% |
| China | 1,010 | 1,004 | 963 | 918 | -3.1% |
| India | 1,173 | 805 | 946 | 901 | -8.4% |
| South Korea | 2,155 | 510 | 194 | 882 | -25.8% |
| Vietnam | 1,115 | 1,198 | 295 | 805 | -10.3% |
| Malaysia | 572 | 181 | 756 | 708 | 7.4% |
| Taiwan (Chinese) | 1,403 | 649 | 127 | 672 | -21.8% |
| Thailand | 644 | 355 | 458 | 449 | -11.3% |
| Australia | 583 | 205 | 407 | 382 | -13.1% |
| Others | 2,222 | 741 | 1,249 | 1,436 | -13.5% |
| Total | 12,277 | 7,311 | 6,834 | 8,541 | -11.4% |
Top Export Markets for Tyres for Aircraft from Hong Kong SAR in 2022:
- China (2126.0 units)
- Indonesia (1410.0 units)
- India (774.0 units)
- South Korea (714.0 units)
- Malaysia (688.0 units)
- Taiwan (Chinese) (534.0 units)
- Vietnam (514.0 units)
- Thailand (498.0 units)
- Australia (377.0 units)
Aircraft Tyre Imports in Hong Kong SAR
Aircraft tyre imports into Hong Kong SAR dropped notably to 8.6K units in 2022, shrinking by -19.6% on 2021. Over the period under review, imports continue to indicate a precipitous decline. Over the period under review, imports attained the maximum at 36K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, aircraft tyre imports contracted rapidly to $3.8M in 2022. Overall, imports recorded a precipitous decrease. Imports peaked at $39M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Tyres for Aircraft in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 33.1 | 9.7 | 3.4 | 3.0 | -55.1% |
| Thailand | 2.7 | 2.1 | 1.8 | 0.4 | -47.1% |
| United States | 1.7 | 0.9 | 0.2 | 0.2 | -51.0% |
| China | 1.0 | 1.2 | 0.4 | 0.2 | -41.5% |
| Others | 0.4 | 0.3 | 0.4 | 0.1 | -37.0% |
| Total | 38.7 | 14.2 | 6.3 | 3.8 | -53.9% |
Top Suppliers of Tyres for Aircraft to Hong Kong SAR in 2022:
- Japan (6.8K units)
- China (0.7K units)
- Thailand (0.7K units)
- United States (0.3K units)
This report provides an in-depth analysis of the aircraft tyre market in Hong Kong SAR, China. 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:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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
-
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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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