Romania - Tyres for Aircraft - Market Analysis, Forecast, Size, Trends and Insights
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Aircraft Tyre Market Size in Romania
In 2021, after two years of decline, there was significant growth in the Romanian aircraft tyre market, when its value increased by 11% to $X. In general, consumption, however, continues to indicate a buoyant expansion. Aircraft tyre consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.
Aircraft Tyre Exports
Exports from Romania
In 2021, shipments abroad of tyres for aircraft increased by 889% to X units, rising for the second year in a row after four years of decline. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 1,115% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports remained at a lower figure.
In value terms, aircraft tyre exports skyrocketed to $X in 2021. Overall, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 1,159%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
The UK (X units) was the main destination for aircraft tyre exports from Romania, with a 98% share of total exports. It was followed by Senegal (X units), with a 2.2% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to the UK totaled +18.1%.
In value terms, the UK ($X) emerged as the key foreign market for tyres for aircraft exports from Romania, comprising 93% of total exports. The second position in the ranking was held by Senegal ($X), with a 7.2% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of value to the UK stood at +95.5%.
Export Prices by Country
In 2021, the average aircraft tyre export price amounted to $X per unit, waning by -44.8% against the previous year. Over the period under review, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2016 an increase of 56% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Senegal ($X per unit), while the average price for exports to the UK totaled $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Aircraft Tyre Imports
Imports into Romania
In 2021, after two years of decline, there was growth in supplies from abroad of tyres for aircraft, when their volume increased by 3.6% to X units. Over the period under review, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2015 when imports increased by 205%. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.
In value terms, aircraft tyre imports surged to $X in 2021. Overall, imports continue to indicate a resilient increase. The growth pace was the most rapid in 2015 with an increase of 185%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, the UK (X units) constituted the largest supplier of aircraft tyre to Romania, accounting for a 69% share of total imports. Moreover, aircraft tyre imports from the UK exceeded the figures recorded by the second-largest supplier, Thailand (X units), fivefold. The United States (X units) ranked third in terms of total imports with an 8.5% share.
From 2012 to 2021, the average annual growth rate of volume from the UK amounted to +22.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+74.6% per year) and the United States (+31.8% per year).
In value terms, the UK ($X) constituted the largest supplier of tyres for aircraft to Romania, comprising 52% of total imports. The second position in the ranking was taken by Thailand ($X), with a 19% share of total imports. It was followed by the Czech Republic, with a 12% share.
From 2012 to 2021, the average annual growth rate of value from the UK stood at +17.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+68.7% per year) and the Czech Republic (+41.7% per year).
Import Prices by Country
In 2021, the average aircraft tyre import price amounted to $X per unit, jumping by 22% against the previous year. In general, the import price, however, showed a slight reduction. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+11.9%), 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 Romania. 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:
- Romania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Romania
- 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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