Aircraft Tyre Market in Iran
Market Overview
In 
, the Iranian aircraft tyre market was finally on the rise to reach $ after two years of decline. In general, consumption, however, saw a pronounced decline. As a result, consumption attained the peak level of $. From to , the growth of the market remained at a somewhat lower figure.
, the Iranian aircraft tyre market was finally on the rise to reach $ after two years of decline. In general, consumption, however, saw a pronounced decline. As a result, consumption attained the peak level of $. From to , the growth of the market remained at a somewhat lower figure.Consumption
In , consumption of tyres for aircraft was finally on the rise to reach units for the first time since 2019, thus ending a two-year declining trend. Overall, consumption, however, saw a abrupt descent. Over the period under review, consumption hit record highs at units in 2008; however, from 2009 to , consumption remained at a lower figure.
The size of the aircraft tyre market in Iran soared to $ in , rising by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a pronounced downturn. As a result, consumption reached the peak level of $. From to , the growth of the market remained at a somewhat lower figure.
, consumption of tyres for aircraft was finally on the rise to reach units for the first time since 2019, thus ending a two-year declining trend. Overall, consumption, however, saw a abrupt descent. Over the period under review, consumption hit record highs at units in 2008; however, from 2009 to , consumption remained at a lower figure.The size of the aircraft tyre market in Iran soared to $
in , rising by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a pronounced downturn. As a result, consumption reached the peak level of $. From to , the growth of the market remained at a somewhat lower figure.Market Forecast
Depressed by shrinking demand for aircraft tyre in Iran, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to units by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to units by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Aircraft tyre market in Iran consists almost entirely of imported products.
Trade Balance
Iran remains a net importer of aircraft tyre; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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