Price for Inner Tubes, of Rubber in Bolivia - 2023

Price for Inner Tubes, of Rubber in Bolivia (CIF) - 2023

In October 2023, the average inner tubes, of rubber import price amounted to $4.8 per unit, jumping by 17% against the previous month. Overall, the import price, however, saw a slight contraction. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 39% month-to-month. As a result, import price attained the peak level of $6.0 per unit. From February 2023 to October 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($7.4 per unit), while the price for China ($4.1 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average inner tubes, of rubber export price stood at $111 per unit in 2021, jumping by 6,902% against the previous year. In general, the export price recorded a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Austria.

From 2020 to 2021, the rate of growth in terms of prices for Austria amounted to 0.0% per year.

Imports of Inner Tubes, of Rubber in Bolivia

In 2022, after three years of growth, there was significant decline in overseas purchases of inner tubes, of rubbers, when their volume decreased by -13.1% to 1.3M units. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 9.7%. Imports peaked at 1.5M units in 2021, and then declined in the following year.

In value terms, inner tubes, of rubber imports reduced to $3.3M in 2022. The total import value increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 17%. As a result, imports reached the peak of $3.5M, and then dropped in the following year.

Import of Inner Tubes, of Rubber in Bolivia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1,190	1,157	1,650	1,770	14.1%
South Korea	339	289	665	410	6.5%
Vietnam	134	212	362	405	44.6%
Brazil	228	232	391	283	7.5%
India	111	119	124	262	33.1%
Thailand	9.8	13.3	6.0	54.4	77.1%
Taiwan (Chinese)	80.6	43.8	50.1	24.2	-33.0%
Chile	640	785	9.7	0.6	-90.2%
Others	114	126	235	81.9	-10.4%
Total	2,847	2,976	3,493	3,290	4.9%

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

China (907.1K units)
Vietnam (133.5K units)
India (101.0K units)
South Korea (65.8K units)
Brazil (49.7K units)
Thailand (25.9K units)
Taiwan (Chinese) (11.3K units)
Chile (0.1K units)

Exports of Inner Tubes, of Rubber in Bolivia

In 2021, approx. 8 units of inner tubes, of rubbers were exported from Bolivia; shrinking by 99.9% against the year before. In general, exports continue to indicate a dramatic decrease. The exports peaked at 25K units in 2020, and then contracted sharply in the following year.

In value terms, inner tubes, of rubber exports fell notably to $890 in 2021. Overall, exports recorded a dramatic curtailment. The exports peaked at $39K in 2020, and then dropped remarkably in the following year.