Price for Inner Tubes, of Rubber in New Zealand - 2023

Contents:

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

Price for Inner Tubes, of Rubber in New Zealand (CIF) - 2022

The average inner tubes, of rubber import price stood at $3.8 per unit in 2022, dropping by -4.1% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 98%. As a result, import price attained the peak level of $7.3 per unit. From 2018 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($15 per unit), while the price for Indonesia ($1.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average inner tubes, of rubber export price amounted to $7.8 per unit, with a decrease of -13.8% against the previous year. In general, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.7% 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 +8.1% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 109%. Over the period under review, the average export prices attained the maximum at $12 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($19 per unit), while the average price for exports to New Caledonia ($3.1 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 Spain (+229.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Inner Tubes, of Rubber in New Zealand

In 2022, inner tubes, of rubber imports into New Zealand soared to 965K units, rising by 52% compared with the previous year. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, inner tubes, of rubber imports skyrocketed to $3.6M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Inner Tubes, of Rubber to New Zealand in 2022:

1. China (678.8K units)
2. Vietnam (98.2K units)
3. Indonesia (59.7K units)
4. Thailand (44.4K units)
5. Taiwan (Chinese) (37.5K units)
6. South Korea (25.0K units)

Exports of Inner Tubes, of Rubber in New Zealand

In 2022, shipments abroad of inner tubes, of rubbers decreased by -20.9% to 10K units, falling for the second year in a row after two years of growth. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +11.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -22.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 78%. As a result, the exports attained the peak of 13K units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, inner tubes, of rubber exports contracted markedly to $80K in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 58% against the previous year. Over the period under review, the exports reached the maximum at $117K in 2021, and then shrank notably in the following year.

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

1. Cook Islands (7.0K units)
2. New Caledonia (1.1K units)
3. Fiji (0.8K units)
4. Australia (0.6K units)
5. Tonga (0.2K units)
6. Samoa (0.1K units)

Source: IndexBox Market Intelligence Platform