Uruguay: Aircraft Tyre Market 2025

Aircraft Tyre Market Size in Uruguay

The Uruguayan aircraft tyre market fell modestly to $X in 2021, which is down by -3.3% against the previous year. In general, consumption, however, saw a abrupt slump. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Aircraft Tyre Production in Uruguay

In value terms, aircraft tyre production contracted to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a deep downturn. The growth pace was the most rapid in 2013 with an increase of 38%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Aircraft Tyre Exports

Exports from Uruguay

Aircraft tyre exports from Uruguay stood at X units in 2021, leveling off at the year before. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when exports increased by 200% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, aircraft tyre exports reduced sharply to $X in 2021. In general, exports enjoyed tangible growth. The pace of growth appeared the most rapid in 2019 with an increase of 216% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for aircraft tyre exports from Uruguay, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States was relatively modest.

In value terms, the United States ($X) also remains the key foreign market for tyres for aircraft exports from Uruguay.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +4.0%.

Export Prices by Country

In 2021, the average aircraft tyre export price amounted to $X per unit, shrinking by -18.9% against the previous year. Over the period under review, the export price, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 299%. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +4.7% per year.

Aircraft Tyre Imports

Imports into Uruguay

After two years of growth, overseas purchases of tyres for aircraft decreased by -27.8% to X units in 2021. Overall, imports showed a deep setback. The pace of growth was the most pronounced in 2014 when imports increased by 203%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, aircraft tyre imports declined remarkably to $X in 2021. In general, imports faced a dramatic decrease. The pace of growth was the most pronounced in 2014 when imports increased by 238% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Slovenia (X units), the United States (X units) and Brazil (X units) were the main suppliers of aircraft tyre imports to Uruguay, together accounting for 69% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of +2.8%), while imports for the other leaders experienced a decline.

In value terms, the United States ($X) constituted the largest supplier of tyres for aircraft to Uruguay, comprising 56% of total imports. The second position in the ranking was held by Brazil ($X), with a 16% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled -23.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-38.1% per year) and Slovenia (+5.6% per year).

Import Prices by Country

In 2021, the average aircraft tyre import price amounted to $X per unit, with a decrease of -43% against the previous year. In general, the import price showed a deep contraction. The growth pace was the most rapid in 2019 an increase of 123%. As a result, import price reached the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Brazil ($X per unit), while the price for Slovenia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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