Price for Inner Tubes, of Rubber in Saudi Arabia - 2021
Contents:
- Price for Inner Tubes, of Rubber in Saudi Arabia (FOB) - 2022
- Exports of Inner Tubes, of Rubber in Saudi Arabia
Price for Inner Tubes, of Rubber in Saudi Arabia (FOB) - 2022
In 2022, the average inner tubes, of rubber export price amounted to $5.6 per unit, increasing by 17% against the previous year. Over the period under review, the export price showed a perceptible increase. The pace of growth was the most pronounced in 2019 an increase of 89%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($9.8 per unit), while the average price for exports to Japan ($2.4 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 Mali (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Inner Tubes, of Rubber in Saudi Arabia
In 2022, the amount of inner tubes, of rubbers exported from Saudi Arabia dropped significantly to 17K units, falling by -43.1% compared with the year before. Over the period under review, exports saw a sharp shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 252%. The exports peaked at 63K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, inner tubes, of rubber exports contracted sharply to $92K in 2022. In general, exports continue to indicate a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of 205% against the previous year. Over the period under review, the exports attained the peak figure at $211K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Inner Tubes, of Rubber in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 113 | 16.5 | 65.2 | 46.7 | -25.5% |
| Netherlands | 1.4 | 12.6 | 41.8 | 25.2 | 162.1% |
| Mali | 52.7 | 3.3 | 10.8 | 6.5 | -50.2% |
| Japan | 18.1 | 2.2 | 3.6 | 3.6 | -41.6% |
| Cote d'Ivoire | 6.9 | 1.5 | 2.0 | 2.0 | -33.8% |
| Yemen | 5.5 | 1.1 | 2.8 | 1.2 | -39.8% |
| Bahrain | 0.4 | 0.1 | 1.6 | 1.0 | 35.7% |
| Others | 12.5 | 8.2 | 11.0 | 6.1 | -21.3% |
| Total | 211 | 45.4 | 139 | 92.1 | -24.1% |
Top Export Markets for Inner Tubes, of Rubber from Saudi Arabia in 2022:
- Belgium (6.5K units)
- Netherlands (6.0K units)
- Japan (1.5K units)
- Mali (1.0K units)
- Bahrain (0.4K units)
- Yemen (0.4K units)
- Cote d'Ivoire (0.3K units)
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