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

Contents:

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

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

The average import price for new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses stood at $7 per unit in 2022, falling by -8.3% against the previous year. Over the period under review, the import price saw a sharp curtailment. The pace of growth was the most pronounced in 2013 an increase of 1.5% against the previous year. As a result, import price attained the peak level of $243 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($38 per unit), while the price for Portugal ($2.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-22.7%), while the prices for the other major suppliers experienced a decline.

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

Imports of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses into Angola expanded remarkably to 154K units in 2022, growing by 7.7% against the previous year's figure. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.2% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 57%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses shrank slightly to $1.1M in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 2.4% against the previous year. Imports peaked at $1.1M in 2021, and then fell slightly in the following year.

Import of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4584714834751.2%
Brazil1471611761858.0%
India76.984.492.397.08.0%
Portugal12511710896.8-8.2%
United States87.887.486.782.7-2.0%
Spain35.238.642.344.48.0%
United Arab Emirates31.128.425.822.6-10.1%
Others74.973.773.070.2-2.1%
Total1,0361,0611,0871,0741.2%

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

  1. China (68.2K units)
  2. Portugal (38.2K units)
  3. India (14.0K units)
  4. United States (11.9K units)
  5. Spain (6.4K units)
  6. Brazil (4.9K units)
  7. United Arab Emirates (3.3K units)

Source: IndexBox Market Intelligence Platform

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