Price for Inner Tubes, of Rubber in Germany - 2023
Contents:
- Price for Inner Tubes, of Rubber in Germany (CIF) - 2023
- Price for Inner Tubes, of Rubber in Germany (FOB) - 2023
- Imports of Inner Tubes, of Rubber in Germany
- Exports of Inner Tubes, of Rubber in Germany
Price for Inner Tubes, of Rubber in Germany (CIF) - 2023
The average inner tubes, of rubber import price stood at $6.9 per unit in July 2023, growing by 3.3% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 6.1% against the previous month. Over the period under review, average import prices attained the maximum at $7.1 per unit in January 2023; however, from February 2023 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($15.3 per unit), while the price for India ($4.2 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Poland (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Inner Tubes, of Rubber in Germany (FOB) - 2023
The average inner tubes, of rubber export price stood at $12.4 per unit in July 2023, approximately equating the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 25% m-o-m. Over the period under review, the average export prices attained the peak figure at $12.4 per unit in June 2023, and then declined modestly in the following month.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was the United States ($21.2 per unit), while the average price for exports to Belgium ($9.8 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Inner Tubes, of Rubber in Germany
In 2022, imports of inner tubes, of rubbers into Germany surged to 25M units, increasing by 22% compared with the previous year's figure. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.9% 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 +48.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, inner tubes, of rubber imports soared to $93M in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Inner Tubes, of Rubber in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 18.6 | 18.9 | 23.1 | 40.4 | 29.5% |
Vietnam | 8.6 | 9.8 | 17.3 | 27.3 | 47.0% |
Poland | 3.2 | 3.7 | 4.3 | 4.2 | 9.5% |
Taiwan (Chinese) | 1.3 | 2.0 | 3.6 | 3.8 | 43.0% |
Indonesia | 1.0 | 0.3 | 1.1 | 2.8 | 40.9% |
Netherlands | 1.0 | 2.1 | 2.0 | 1.9 | 23.9% |
India | 0.6 | 0.4 | 0.5 | 1.7 | 41.5% |
Thailand | 1.3 | 1.0 | 1.5 | 1.5 | 4.9% |
Czech Republic | 0.6 | 1.4 | 1.5 | 1.2 | 26.0% |
South Korea | 1.6 | 1.4 | 1.7 | 1.0 | -14.5% |
Others | 5.3 | 6.0 | 8.2 | 6.9 | 9.2% |
Total | 43.0 | 47.1 | 64.8 | 92.6 | 29.1% |
Top Suppliers of Inner Tubes, of Rubber to Germany in 2022:
- China (11.6M units)
- Vietnam (6.9M units)
- Poland (1.5M units)
- Indonesia (0.8M units)
- India (0.7M units)
- Thailand (0.5M units)
- Netherlands (0.4M units)
- Taiwan (Chinese) (0.4M units)
- South Korea (0.4M units)
- Czech Republic (0.2M units)
Exports of Inner Tubes, of Rubber in Germany
Inner tubes, of rubber exports from Germany reached 8.7M units in 2022, surging by 7.9% on the previous year. In general, exports, however, showed a pronounced shrinkage. The exports peaked at 9.9M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, inner tubes, of rubber exports expanded remarkably to $49M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +17.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.5% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 24% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
Export of Inner Tubes, of Rubber in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 3.9 | 3.8 | 4.7 | 5.8 | 14.1% |
Poland | 2.6 | 2.6 | 4.5 | 5.5 | 28.4% |
France | 2.2 | 2.9 | 4.3 | 4.4 | 26.0% |
Switzerland | 2.4 | 3.2 | 3.5 | 3.8 | 16.6% |
Netherlands | 2.5 | 3.1 | 3.1 | 3.0 | 6.3% |
Italy | 1.2 | 1.8 | 2.6 | 2.7 | 31.0% |
Czech Republic | 1.8 | 1.7 | 2.3 | 2.6 | 13.0% |
Denmark | 1.0 | 1.4 | 1.7 | 2.2 | 30.1% |
United Kingdom | 1.4 | 2.7 | 2.1 | 2.2 | 16.3% |
United States | 0.7 | 1.5 | 2.3 | 1.9 | 39.5% |
Hungary | 0.8 | 1.0 | 1.6 | 1.7 | 28.6% |
Spain | 0.8 | 1.3 | 1.4 | 1.6 | 26.0% |
Bulgaria | 1.0 | 0.9 | 1.4 | 1.6 | 17.0% |
Others | 7.6 | 7.6 | 8.6 | 10.0 | 9.6% |
Total | 30.0 | 35.6 | 44.0 | 49.0 | 17.8% |
Top Export Markets for Inner Tubes, of Rubber from Germany in 2022:
- Poland (1263.8K units)
- Austria (956.1K units)
- France (770.9K units)
- Netherlands (595.9K units)
- Switzerland (556.3K units)
- Czech Republic (501.6K units)
- Hungary (416.5K units)
- Italy (372.1K units)
- Bulgaria (359.5K units)
- United Kingdom (331.4K units)
- Denmark (280.0K units)
- Spain (224.4K units)
- United States (191.6K units)
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