Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Singapore - 2022

Contents:

  1. Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Singapore (CIF) - 2022
  2. Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Singapore (FOB) - 2022
  3. Imports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Singapore
  4. Exports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Singapore

Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Singapore (CIF) - 2022

In 2022, the average import price for new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses amounted to $354 per unit, standing approx. at the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 123%. The import price peaked at $508 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($3,765 per unit), while the price for South Africa ($20 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+60.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Singapore (FOB) - 2022

In 2022, the average export price for new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses amounted to $124 per unit, reducing by -8.5% against the previous year. In general, the export price saw a abrupt descent. The pace of growth was the most pronounced in 2013 an increase of 45% against the previous year. As a result, the export price attained the peak level of $806 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($222 per unit), while the average price for exports to Myanmar ($16 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (-7.5%), while the prices for the other major destinations experienced a decline.

Imports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Singapore

In 2022, overseas purchases of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses were finally on the rise to reach 2.7K units after two years of decline. Overall, imports, however, saw a perceptible shrinkage. Imports peaked at 3.1K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses rose rapidly to $959K in 2022. In general, imports, however, showed a deep contraction. Imports peaked at $1.3M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China722573452465-13.6%
Malaysia179160142165-2.7%
Vietnam137122107123-3.5%
Czech Republic25.124.724.231.07.3%
Thailand25.421.117.518.8-9.5%
India7.06.86.58.25.4%
South Africa4.74.13.54.0-5.2%
South Korea6.55.14.04.0-14.9%
Others144129116139-1.2%
Total1,2501,045873959-8.5%

Top Suppliers of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles to Singapore in 2022:

  1. China (1199.0 units)
  2. Malaysia (432.0 units)
  3. India (343.0 units)
  4. South Africa (195.0 units)
  5. South Korea (128.0 units)
  6. Thailand (96.0 units)
  7. Czech Republic (95.0 units)
  8. Vietnam (69.0 units)

Exports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Singapore

Exports of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses from Singapore rose notably to 2.1K units in 2022, growing by 7.8% compared with 2021. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -3.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 56%. As a result, the exports attained the peak of 2.2K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses dropped to $261K in 2022. The total export value increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 2.8% against the previous year. As a result, the exports attained the peak of $264K, and then fell in the following year.

Export of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR1041111171184.3%
United Arab Emirates85.891.396.597.44.3%
Philippines7.67.36.96.2-6.6%
Myanmar2.31.91.61.3-17.3%
Others50.045.641.937.1-9.5%
Total2502572642611.4%

Top Export Markets for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles from Singapore in 2022:

  1. United Arab Emirates (1125.0 units)
  2. Hong Kong SAR (587.0 units)
  3. Philippines (208.0 units)
  4. Myanmar (82.0 units)

Source: IndexBox Market Intelligence Platform

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