Price for Inner Tubes, of Rubber in Lithuania - 2023

Contents:

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

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

The average inner tubes, of rubber import price stood at $4.1 per unit in September 2023, picking up by 33% against the previous month. In general, the import price continues to indicate a resilient expansion. The pace of growth was the most pronounced in July 2023 when the average import price increased by 149% month-to-month. As a result, import price reached the peak level of $5.3 per unit. From August 2023 to September 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($7.8 per unit), while the price for China ($1.4 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average inner tubes, of rubber export price amounted to $12 per unit, surging by 94% against the previous year. Over the period under review, the export price saw a prominent increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 118%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($23 per unit), while the average price for exports to the Netherlands ($2.2 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 Kyrgyzstan (+29.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Inner Tubes, of Rubber in Lithuania

In 2022, the amount of inner tubes, of rubbers imported into Lithuania reduced to 469K units, which is down by -3.7% on the previous year. In general, imports recorded a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 20%. Over the period under review, imports hit record highs at 1.1M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, inner tubes, of rubber imports expanded notably to $3.1M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.3% 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 +72.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 60%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

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

1. China (128.3K units)
2. Germany (127.6K units)
3. Vietnam (63.1K units)
4. Netherlands (47.2K units)
5. Czech Republic (33.6K units)
6. Poland (29.5K units)
7. Sri Lanka (23.5K units)

Exports of Inner Tubes, of Rubber in Lithuania

In 2022, shipments abroad of inner tubes, of rubbers decreased by -23% to 72K units, falling for the second year in a row after two years of growth. Over the period under review, exports faced a abrupt shrinkage. The growth pace was the most rapid in 2020 when exports increased by 15%. As a result, the exports attained the peak of 117K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, inner tubes, of rubber exports soared to $831K in 2022. Overall, exports, however, enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Latvia (25.9K units)
2. United States (13.5K units)
3. Estonia (11.1K units)
4. Poland (6.9K units)
5. Netherlands (5.9K units)
6. Kazakhstan (1.9K units)
7. Kyrgyzstan (1.5K units)
8. Russia (1.5K units)
9. Belarus (1.4K units)

Source: IndexBox Market Intelligence Platform