Price for Inner Tubes, of Rubber in Kenya - 2021
Contents:
- Price for Inner Tubes, of Rubber in Kenya (CIF) - 2022
- Price for Inner Tubes, of Rubber in Kenya (FOB) - 2022
- Imports of Inner Tubes, of Rubber in Kenya
- Exports of Inner Tubes, of Rubber in Kenya
Price for Inner Tubes, of Rubber in Kenya (CIF) - 2022
The average inner tubes, of rubber import price stood at $1.9 per unit in 2022, waning by -5.2% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% 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 import price increased by +91.7% against 2018 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 47%. The import price peaked at $2 per unit in 2021, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($2.6 per unit), while the price for the United Arab Emirates ($1.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Inner Tubes, of Rubber in Kenya (FOB) - 2022
The average inner tubes, of rubber export price stood at $14 per unit in 2022, approximately equating the previous year. In general, the export price, however, recorded a prominent increase. The pace of growth was the most pronounced in 2018 an increase of 78% against the previous year. The export price peaked at $14 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Sudan ($24 per unit), while the average price for exports to Democratic Republic of the Congo ($7.5 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 South Sudan (+26.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Inner Tubes, of Rubber in Kenya
In 2022, the amount of inner tubes, of rubbers imported into Kenya stood at 6.1M units, surging by 8.1% against the year before. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -24.0% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 87%. As a result, imports reached the peak of 8.1M units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, inner tubes, of rubber imports rose to $11M in 2022. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 174% against the previous year. As a result, imports attained the peak of $12M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Inner Tubes, of Rubber in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.6 | 4.5 | 4.4 | 4.6 | 42.2% |
| India | 1.3 | 3.2 | 2.9 | 3.1 | 33.6% |
| Uganda | 0.9 | 2.8 | 2.4 | 2.5 | 40.6% |
| Others | 0.5 | 1.3 | 1.5 | 1.2 | 33.9% |
| Total | 4.3 | 11.7 | 11.2 | 11.5 | 38.8% |
Top Suppliers of Inner Tubes, of Rubber to Kenya in 2022:
- China (2.6M units)
- Uganda (1.7M units)
- India (1.6M units)
Exports of Inner Tubes, of Rubber in Kenya
In 2022, after three years of growth, there was decline in overseas shipments of inner tubes, of rubbers, when their volume decreased by -3.5% to 2K units. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 109% against the previous year. The exports peaked at 2.1K units in 2021, and then fell slightly in the following year.
In value terms, inner tubes, of rubber exports shrank slightly to $27K in 2022. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 131%. The exports peaked at $29K in 2021, and then shrank in the following year.
| Export of Inner Tubes, of Rubber in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ethiopia | 3.1 | 8.4 | 10.2 | 10.1 | 48.2% |
| South Sudan | 1.3 | 8.1 | 4.1 | 4.6 | 52.4% |
| Rwanda | 1.3 | 0.9 | 3.2 | 2.8 | 29.1% |
| Democratic Republic of the Congo | 0.2 | 0.4 | 2.5 | 2.2 | 122.4% |
| Burundi | 0.6 | 0.3 | 1.5 | 1.4 | 32.6% |
| Tanzania | 0.5 | 0.8 | 0.9 | 0.7 | 11.9% |
| Uganda | 0.7 | 0.9 | 0.2 | 0.6 | -5.0% |
| Others | 3.5 | 6.1 | 6.2 | 5.0 | 12.6% |
| Total | 11.2 | 25.9 | 28.7 | 27.3 | 34.6% |
Top Export Markets for Inner Tubes, of Rubber from Kenya in 2022:
- Ethiopia (987.0 units)
- Rwanda (305.0 units)
- Democratic Republic of the Congo (293.0 units)
- South Sudan (190.0 units)
- Burundi (83.0 units)
- Tanzania (44.0 units)
- Uganda (27.0 units)
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