Portugal - Tyres for Aircraft - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPortugal: Aircraft Tyre Market 2024
Aircraft Tyre Market Size in Portugal
The Portuguese aircraft tyre market dropped sharply to $X in 2021, falling by -34.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a abrupt downturn. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.
Aircraft Tyre Exports
Exports from Portugal
In 2021, the amount of tyres for aircraft exported from Portugal fell markedly to X units, shrinking by -71.7% against the previous year. Overall, exports saw a significant decline. The most prominent rate of growth was recorded in 2017 with an increase of 212% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.
In value terms, aircraft tyre exports shrank remarkably to $X in 2021. In general, exports recorded a significant contraction. The most prominent rate of growth was recorded in 2017 with an increase of 259%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.
Exports by Country
Cabo Verde (X units) and Angola (X units) were the main destinations of aircraft tyre exports from Portugal.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cabo Verde (with a CAGR of +11.5%).
In value terms, Cabo Verde ($X) emerged as the key foreign market for tyres for aircraft exports from Portugal, comprising 79% of total exports. The second position in the ranking was held by Angola ($X), with a 20% share of total exports.
From 2012 to 2021, the average annual growth rate of value to Cabo Verde amounted to +25.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (-29.3% per year) and Brazil (-29.5% per year).
Export Prices by Country
The average aircraft tyre export price stood at $X per unit in 2021, reducing by -48.7% against the previous year. In general, the export price, however, posted slight growth. The pace of growth was the most pronounced in 2020 an increase of 52% against the previous year. As a result, the export price reached the peak level of $X per unit, and then reduced remarkably in the following year.
There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Cabo Verde ($X per unit), while the average price for exports to Angola ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+154.2%), while the prices for the other major destinations experienced more modest paces of growth.
Aircraft Tyre Imports
Imports into Portugal
In 2021, supplies from abroad of tyres for aircraft decreased by -56.4% to X units, falling for the second consecutive year after two years of growth. Overall, imports saw a deep downturn. The pace of growth appeared the most rapid in 2014 with an increase of 120%. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports failed to regain momentum.
In value terms, aircraft tyre imports declined rapidly to $X in 2021. In general, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 130% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.
Imports by Country
The UK (X units), France (X units) and the United States (X units) were the main suppliers of aircraft tyre imports to Portugal, with a combined 86% share of total imports.
From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +78.2%), while purchases for the other leaders experienced mixed trend patterns.
In value terms, France ($X) constituted the largest supplier of tyres for aircraft to Portugal, comprising 49% of total imports. The second position in the ranking was held by the UK ($X), with a 24% share of total imports. It was followed by the United States, with a 13% share.
From 2012 to 2021, the average annual rate of growth in terms of value from France amounted to +115.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+16.6% per year) and the United States (+3.6% per year).
Import Prices by Country
In 2021, the average aircraft tyre import price amounted to $X per unit, with an increase of 93% against the previous year. In general, import price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +7.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, aircraft tyre import price increased by +119.5% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably country of origin: the country with the highest price was France ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the aircraft tyre market in Portugal. 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:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- 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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