Price for Inner Tubes, of Rubber in Ireland - 2023

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

The average inner tubes, of rubber import price stood at $5.3 per unit in July 2023, falling by -9.4% against the previous month. Over the period under review, the import price saw a perceptible downturn. The pace of growth appeared the most rapid in March 2023 an increase of 185% month-to-month. As a result, import price attained the peak level of $12.5 per unit. From April 2023 to July 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 ($14.0 per unit), while the price for South Korea ($3.1 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 Vietnam (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average inner tubes, of rubber export price stood at $2.1 per unit in 2022, surging by 14% against the previous year. Overall, the export price, however, faced a abrupt contraction. Over the period under review, the average export prices hit record highs at $7.3 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -5.7% per year.

Imports of Inner Tubes, of Rubber in Ireland

In 2022, inner tubes, of rubber imports into Ireland rose remarkably to 822K units, increasing by 8.3% on the previous year's figure. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +17.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 63%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, inner tubes, of rubber imports expanded notably to $2.5M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.6% 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 +54.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 40% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Inner Tubes, of Rubber in Ireland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Korea	242	38.7	318	618	36.7%
China	697	617	700	587	-5.6%
Poland	12.4	124	376	357	206.5%
United Kingdom	372	572	255	353	-1.7%
Vietnam	8.0	N/A	148	227	205.0%
France	22.0	49.1	60.7	63.5	42.4%
India	25.9	17.4	52.4	59.8	32.2%
Thailand	91.3	N/A	37.9	11.3	-50.2%
Others	134	181	294	199	14.1%
Total	1,604	1,599	2,241	2,476	15.6%

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

South Korea (251.2K units)
China (228.2K units)
Poland (162.5K units)
United Kingdom (60.0K units)
Vietnam (49.1K units)
India (30.8K units)
France (13.8K units)
Thailand (2.4K units)

Exports of Inner Tubes, of Rubber in Ireland

Inner tubes, of rubber exports from Ireland declined remarkably to 20K units in 2022, dropping by -55.8% against the year before. In general, exports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2021 when exports increased by 277%. As a result, the exports attained the peak of 45K units, and then contracted markedly in the following year.

In value terms, inner tubes, of rubber exports reduced rapidly to $42K in 2022. Overall, exports faced a significant decrease. The pace of growth appeared the most rapid in 2021 with an increase of 94% against the previous year. Over the period under review, the exports attained the peak figure at $103K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.