Price for Inner Tubes, of Rubber in Bangladesh - 2022
Contents:
- Price for Inner Tubes, of Rubber in Bangladesh (CIF) - 2022
- Price for Inner Tubes, of Rubber in Bangladesh (FOB) - 2022
- Imports of Inner Tubes, of Rubber in Bangladesh
- Exports of Inner Tubes, of Rubber in Bangladesh
Price for Inner Tubes, of Rubber in Bangladesh (CIF) - 2022
In 2022, the average inner tubes, of rubber import price amounted to $3.1 per unit, picking up by 15% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 an increase of 61%. As a result, import price attained the peak level of $4.2 per unit. From 2015 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($9.5 per unit), while the price for Sri Lanka ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Inner Tubes, of Rubber in Bangladesh (FOB) - 2022
The average inner tubes, of rubber export price stood at $1.1 per unit in 2022, picking up by 21% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2014 an increase of 21%. As a result, the export price attained the peak level of $1.1 per unit; afterwards, it flattened through to 2022.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($8.4 per unit), while the average price for exports to Italy ($0.1 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 Indonesia (+31.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Inner Tubes, of Rubber in Bangladesh
In 2022, approx. 2.5M units of inner tubes, of rubbers were imported into Bangladesh; dropping by -33.5% on the year before. Overall, total imports indicated a mild increase from 2019 to 2022: its volume increased at an average annual rate of +1.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +15.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 74%. As a result, imports attained the peak of 3.7M units, and then reduced sharply in the following year.
In value terms, inner tubes, of rubber imports declined notably to $7.7M in 2022. In general, imports recorded a pronounced descent. The growth pace was the most rapid in 2021 with an increase of 57%. As a result, imports attained the peak of $10M, and then shrank rapidly in the following year.
| Import of Inner Tubes, of Rubber in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 5.3 | 3.7 | 6.6 | 5.2 | -0.6% |
| China | 1.5 | 0.9 | 1.6 | 0.9 | -15.7% |
| Vietnam | 0.2 | 0.4 | 0.6 | 0.6 | 44.2% |
| Sri Lanka | N/A | 0.1 | 0.3 | 0.3 | 73.2% |
| Thailand | 1.0 | 0.5 | 0.4 | 0.2 | -41.5% |
| Indonesia | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Others | 0.6 | 0.6 | 0.5 | 0.4 | -12.6% |
| Total | 8.8 | 6.4 | 10.1 | 7.7 | -4.4% |
Top Suppliers of Inner Tubes, of Rubber to Bangladesh in 2022:
- India (1175.7K units)
- Vietnam (440.5K units)
- China (434.5K units)
- Sri Lanka (261.0K units)
- Thailand (65.2K units)
- Indonesia (50.2K units)
Exports of Inner Tubes, of Rubber in Bangladesh
After three years of growth, shipments abroad of inner tubes, of rubbers decreased by -25.5% to 1.6M units in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 186% against the previous year. Over the period under review, the exports hit record highs at 2.1M units in 2021, and then reduced remarkably in the following year.
In value terms, inner tubes, of rubber exports shrank to $1.7M in 2022. Over the period under review, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 173% against the previous year. The exports peaked at $1.9M in 2021, and then dropped in the following year.
| Export of Inner Tubes, of Rubber in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 86.3 | 384 | 1,154 | 980 | 124.8% |
| Malaysia | 88.7 | 186 | 285 | 322 | 53.7% |
| Greece | 17.9 | 32.4 | 42.8 | 41.6 | 32.5% |
| United Kingdom | 7.3 | 8.9 | 28.6 | 27.0 | 54.6% |
| Italy | 7.5 | 11.6 | 13.2 | 11.1 | 14.0% |
| Others | 71.0 | 137 | 338 | 293 | 60.4% |
| Total | 279 | 759 | 1,863 | 1,675 | 81.7% |
Top Export Markets for Inner Tubes, of Rubber from Bangladesh in 2022:
- Turkey (934.1K units)
- Malaysia (456.5K units)
- Italy (78.7K units)
- United Kingdom (27.7K units)
- Greece (27.4K units)
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