Price for Inner Tubes, of Rubber in Japan - 2023

Contents:

1. Price for Inner Tubes, of Rubber in Japan (CIF) - 2023
2. Price for Inner Tubes, of Rubber in Japan (FOB) - 2022
3. Imports of Inner Tubes, of Rubber in Japan
4. Exports of Inner Tubes, of Rubber in Japan

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

The average inner tubes, of rubber import price stood at $2.4 per unit in July 2023, which is down by -7.5% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 51% m-o-m. As a result, import price attained the peak level of $3.1 per unit. From April 2023 to July 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was South Korea ($6.8 per unit), while the price for Germany ($1.4 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 Thailand (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average inner tubes, of rubber export price stood at $7.9 per unit in 2022, with an increase of 7.8% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, inner tubes, of rubber export price increased by +31.3% against 2019 indices. The pace of growth was the most pronounced in 2017 an increase of 24%. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($8.1 per unit) and Australia ($8.1 per unit), while the average price for exports to France ($6.4 per unit) and the United Arab Emirates ($8.1 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Inner Tubes, of Rubber in Japan

In 2022, the amount of inner tubes, of rubbers imported into Japan contracted to 11M units, falling by -12% on the previous year's figure. Over the period under review, imports saw a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 15%. Imports peaked at 14M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, inner tubes, of rubber imports reduced to $29M in 2022. Overall, imports continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, imports reached the peak of $33M, and then fell in the following year.

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

1. China (6.0M units)
2. Vietnam (2.5M units)
3. South Korea (1.4M units)
4. Taiwan (Chinese) (0.7M units)
5. Thailand (0.3M units)

Exports of Inner Tubes, of Rubber in Japan

In 2022, the amount of inner tubes, of rubbers exported from Japan shrank sharply to 355K units, with a decrease of -39.8% against the previous year's figure. In general, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 31%. Over the period under review, the exports reached the maximum at 613K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, inner tubes, of rubber exports contracted remarkably to $2.8M in 2022. Overall, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 41%. As a result, the exports attained the peak of $4.3M, and then fell sharply in the following year.

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

1. United States (188.4K units)
2. Netherlands (57.0K units)
3. Thailand (39.2K units)
4. Australia (23.1K units)
5. Belgium (14.8K units)
6. Indonesia (11.6K units)
7. South Africa (4.9K units)
8. France (1.9K units)

Source: IndexBox Market Intelligence Platform