Price for Inner Tubes, of Rubber in Mexico - 2023
Contents:
- Price for Inner Tubes, of Rubber in Mexico (CIF) - 2022
- Price for Inner Tubes, of Rubber in Mexico (FOB) - 2022
- Imports of Inner Tubes, of Rubber in Mexico
- Exports of Inner Tubes, of Rubber in Mexico
Price for Inner Tubes, of Rubber in Mexico (CIF) - 2022
The average inner tubes, of rubber import price stood at $6.7 per unit in 2022, surging by 31% against the previous year. Overall, the import price posted prominent growth. The most prominent rate of growth was recorded in 2021 an increase of 41%. The import price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($10 per unit), while the price for China ($6.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+23.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Inner Tubes, of Rubber in Mexico (FOB) - 2022
The average inner tubes, of rubber export price stood at $4.3 per unit in 2022, shrinking by -27.9% against the previous year. In general, the export price saw a slight setback. The most prominent rate of growth was recorded in 2014 an increase of 74%. Over the period under review, the average export prices reached the maximum at $11 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($14 per unit), while the average price for exports to the United States totaled $3.9 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+30.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Inner Tubes, of Rubber in Mexico
In 2022, the amount of inner tubes, of rubbers imported into Mexico fell notably to 5.6M units, reducing by -38.7% against the previous year's figure. Over the period under review, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 2.9%. Imports peaked at 9.1M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, inner tubes, of rubber imports declined notably to $37M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.5% 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 +38.7% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 45% against the previous year. As a result, imports reached the peak of $46M, and then shrank rapidly in the following year.
| Import of Inner Tubes, of Rubber in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 21.1 | 26.0 | 38.9 | 31.1 | 13.8% |
| India | 4.1 | 3.5 | 5.2 | 4.2 | 0.8% |
| Others | 1.7 | 2.5 | 2.2 | 2.0 | 5.6% |
| Total | 26.9 | 31.9 | 46.4 | 37.3 | 11.5% |
Top Suppliers of Inner Tubes, of Rubber to Mexico in 2022:
- China (4.9M units)
- India (0.6M units)
Exports of Inner Tubes, of Rubber in Mexico
In 2022, exports of inner tubes, of rubbers from Mexico rose remarkably to 372K units, surging by 11% compared with the year before. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 35% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, inner tubes, of rubber exports dropped significantly to $1.6M in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 60%. As a result, the exports reached the peak of $2M, and then declined rapidly in the following year.
| Export of Inner Tubes, of Rubber in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,293 | 962 | 1,712 | 1,365 | 1.8% |
| Peru | 212 | 242 | 216 | 172 | -6.7% |
| Others | 137 | 51.7 | 75.5 | 60.2 | -24.0% |
| Total | 1,642 | 1,255 | 2,003 | 1,597 | -0.9% |
Top Export Markets for Inner Tubes, of Rubber from Mexico in 2022:
- United States (352.2K units)
- Peru (12.2K units)
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