Price for Inner Tubes, of Rubber in Belgium - 2023

Contents:

1. Price for Inner Tubes, of Rubber in Belgium (CIF) - 2022
2. Price for Inner Tubes, of Rubber in Belgium (FOB) - 2022
3. Imports of Inner Tubes, of Rubber in Belgium
4. Exports of Inner Tubes, of Rubber in Belgium

Price for Inner Tubes, of Rubber in Belgium (CIF) - 2022

The average inner tubes, of rubber import price stood at $3.3 per unit in 2022, increasing by 16% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 an increase of 48% against the previous year. The import price peaked at $3.9 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6.7 per unit), while the price for Bulgaria ($1.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Inner Tubes, of Rubber in Belgium (FOB) - 2022

The average inner tubes, of rubber export price stood at $2.6 per unit in 2022, with a decrease of -13.1% against the previous year. Over the period under review, the export price continues to indicate a pronounced setback. The pace of growth was the most pronounced in 2021 when the average export price increased by 36%. The export price peaked at $4.2 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($3.8 per unit), while the average price for exports to Luxembourg ($2 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 the UK (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Inner Tubes, of Rubber in Belgium

In 2022, after three years of growth, there was significant decline in overseas purchases of inner tubes, of rubbers, when their volume decreased by -23.1% to 2.6M units. Overall, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 87%. As a result, imports attained the peak of 3.3M units, and then declined markedly in the following year.

In value terms, inner tubes, of rubber imports reduced to $8.6M in 2022. Over the period under review, imports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 77%. As a result, imports reached the peak of $9.6M, and then contracted in the following year.

Top Suppliers of Inner Tubes, of Rubber to Belgium in 2022:

1. Thailand (1054.3K units)
2. China (311.3K units)
3. France (258.5K units)
4. Netherlands (232.9K units)
5. South Korea (185.0K units)
6. Czech Republic (132.1K units)
7. Bulgaria (86.3K units)
8. Spain (66.2K units)

Exports of Inner Tubes, of Rubber in Belgium

In 2022, after three years of growth, there was significant decline in shipments abroad of inner tubes, of rubbers, when their volume decreased by -10.1% to 1.6M units. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 69% against the previous year. Over the period under review, the exports attained the peak figure at 1.8M units in 2021, and then reduced in the following year.

In value terms, inner tubes, of rubber exports dropped dramatically to $4.2M in 2022. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 127% against the previous year. As a result, the exports reached the peak of $5.3M, and then reduced markedly in the following year.

Top Export Markets for Inner Tubes, of Rubber from Belgium in 2022:

1. France (916.5K units)
2. Netherlands (175.3K units)
3. Luxembourg (173.0K units)
4. Germany (75.6K units)
5. Italy (40.6K units)
6. Spain (40.5K units)
7. Sweden (40.0K units)
8. Poland (37.7K units)

Source: IndexBox Market Intelligence Platform