Global Aircraft Tyre Market 2025

Aircraft Tyre Market Size

After two years of decline, the global aircraft tyre market increased by 4.3% to $X in 2021. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the global market hit record highs at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Aircraft Tyre Production

In value terms, aircraft tyre production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by 23%. Over the period under review, global production hit record highs at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Aircraft Tyre Exports

Exports

In 2021, shipments abroad of tyres for aircraft increased by 26% to X units for the first time since 2016, thus ending a four-year declining trend. Overall, exports, however, saw a pronounced downturn. Over the period under review, the global exports hit record highs at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, aircraft tyre exports soared to $X in 2021. In general, exports, however, recorded a relatively flat trend pattern. Over the period under review, the global exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Thailand represented the major exporter of tyres for aircraft in the world, with the volume of exports amounting to X units, which was near 42% of total exports in 2021. France (X units) took a 13% share (based on physical terms) of total exports, which put it in second place, followed by the UK (11%), Japan (9.4%) and Belgium (6.3%). The Netherlands (X units), Singapore (X units), Australia (X units) and Spain (X units) held a little share of total exports.

Exports from Thailand increased at an average annual rate of +2.0% from 2012 to 2021. At the same time, Singapore (+19.3%), Australia (+3.0%) and France (+2.6%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing exporter exported in the world, with a CAGR of +19.3% from 2012-2021. Spain, Belgium and the UK experienced a relatively flat trend pattern. By contrast, the Netherlands (-7.5%) and Japan (-8.9%) illustrated a downward trend over the same period. While the share of Thailand (+15 p.p.), France (+5 p.p.), Singapore (+2.2 p.p.) and the UK (+2.1 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of the Netherlands (-2.4 p.p.) and Japan (-7.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X), France ($X) and Japan ($X) constituted the countries with the highest levels of exports in 2021, with a combined 61% share of global exports. These countries were followed by the UK, Belgium, the Netherlands, Singapore, Spain and Australia, which together accounted for a further 25%.

Singapore, with a CAGR of +18.8%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average aircraft tyre export price stood at $X per unit in 2021, reducing by -2.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2014 an increase of 13% against the previous year. The global export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+5.4%), while the other global leaders experienced more modest paces of growth.

Aircraft Tyre Imports

Imports

In 2021, the amount of tyres for aircraft imported worldwide expanded notably to X units, growing by 13% against the previous year. Over the period under review, imports, however, showed a noticeable curtailment. The growth pace was the most rapid in 2014 with an increase of 17%. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of global imports failed to regain momentum.

In value terms, aircraft tyre imports rose modestly to $X in 2021. In general, imports, however, continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2014 with an increase of 8.5% against the previous year. Over the period under review, global imports hit record highs at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X units) was the largest importer of tyres for aircraft, comprising 34% of total imports. China (X units) took a 6.5% share (based on physical terms) of total imports, which put it in second place, followed by France (6.4%). The UK (X units), Canada (X units), Brazil (X units), Belgium (X units), the Netherlands (X units), Australia (X units), the United Arab Emirates (X units), Italy (X units), Singapore (X units) and Germany (X units) followed a long way behind the leaders.

The United States experienced a relatively flat trend pattern with regard to volume of imports of tyres for aircraft. At the same time, Germany (+2.8%) and the UK (+1.1%) displayed positive paces of growth. Moreover, Germany emerged as the fastest-growing importer imported in the world, with a CAGR of +2.8% from 2012-2021. France, the United Arab Emirates and Singapore experienced a relatively flat trend pattern. By contrast, Canada (-1.3%), China (-2.7%), Australia (-3.7%), Belgium (-4.7%), the Netherlands (-11.3%), Italy (-12.4%) and Brazil (-17.1%) illustrated a downward trend over the same period. The United States (+11 p.p.) and France (+2.2 p.p.) significantly strengthened its position in terms of the global imports, while the Netherlands, Italy and Brazil saw its share reduced by -3.2%, -3.3% and -9.5% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported tyres for aircraft worldwide, comprising 24% of global imports. The second position in the ranking was taken by China ($X), with a 7.7% share of global imports. It was followed by France, with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States stood at +3.7%. The remaining importing countries recorded the following average annual rates of imports growth: China (-1.3% per year) and France (-2.1% per year).

Import Prices by Country

In 2021, the average aircraft tyre import price amounted to $X per unit, declining by -7.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 15%. Over the period under review, average import prices reached the maximum at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the United Arab Emirates ($X per unit), while Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+21.3%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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