Price for Inner Tubes, of Rubber in the UK - 2023
Contents:
- Price for Inner Tubes, of Rubber in the UK (CIF) - 2022
- Price for Inner Tubes, of Rubber in the UK (FOB) - 2022
- Imports of Inner Tubes, of Rubber in the UK
- Exports of Inner Tubes, of Rubber in the UK
Price for Inner Tubes, of Rubber in the UK (CIF) - 2022
The average inner tubes, of rubber import price stood at $2.3 per unit in 2022, picking up by 29% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $2.4 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($3.7 per unit), while the price for Thailand ($1.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Inner Tubes, of Rubber in the UK (FOB) - 2022
The average inner tubes, of rubber export price stood at $6.1 per unit in 2022, dropping by -8.6% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 91% against the previous year. As a result, the export price attained the peak level of $6.6 per unit, and then shrank in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($8.4 per unit), while the average price for exports to Ireland ($2.9 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 the Netherlands (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Inner Tubes, of Rubber in the UK
In 2022, purchases abroad of inner tubes, of rubbers decreased by -29.9% to 6.8M units, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 14% against the previous year. As a result, imports reached the peak of 10M units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, inner tubes, of rubber imports declined to $16M in 2022. The total import value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 8.6%. As a result, imports reached the peak of $17M, and then fell in the following year.
| Import of Inner Tubes, of Rubber in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.1 | 3.4 | 4.7 | 4.1 | 0.0% |
| Vietnam | 2.0 | 2.7 | 3.3 | 2.8 | 11.9% |
| Germany | 2.1 | 1.8 | 2.7 | 2.3 | 3.1% |
| Thailand | 1.7 | 2.5 | 1.7 | 1.7 | 0.0% |
| Netherlands | 0.8 | 0.8 | 0.5 | 0.6 | -9.1% |
| Spain | 0.6 | 0.7 | 0.6 | 0.5 | -5.9% |
| Taiwan (Chinese) | 0.4 | 0.4 | 0.4 | 0.3 | -9.1% |
| Indonesia | 0.1 | 0.3 | 0.3 | 0.3 | 44.2% |
| Others | 2.7 | 3.1 | 2.8 | 2.9 | 2.4% |
| Total | 14.5 | 15.8 | 17.1 | 15.5 | 2.2% |
Top Suppliers of Inner Tubes, of Rubber to the UK in 2022:
- Vietnam (1880.7K units)
- China (1595.6K units)
- Thailand (1137.1K units)
- Germany (906.5K units)
- Netherlands (192.5K units)
- Taiwan (Chinese) (164.9K units)
- Indonesia (158.3K units)
- Spain (156.5K units)
Exports of Inner Tubes, of Rubber in the UK
Inner tubes, of rubber exports from the UK soared to 427K units in 2022, with an increase of 54% on the year before. Over the period under review, exports, however, showed a drastic downturn. The exports peaked at 1M units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, inner tubes, of rubber exports surged to $2.6M in 2022. In general, exports, however, showed a perceptible setback. The exports peaked at $3.5M in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
| Export of Inner Tubes, of Rubber in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 789 | 999 | 365 | 627 | -7.4% |
| Germany | 383 | 496 | 228 | 323 | -5.5% |
| France | 198 | 257 | 38.5 | 144 | -10.1% |
| Spain | 143 | 256 | 59.0 | 133 | -2.4% |
| Italy | 143 | 266 | 41.2 | 131 | -2.9% |
| Canada | 9.0 | 12.4 | 88.0 | 78.6 | 105.9% |
| Poland | 53.7 | 145 | 56.1 | 74.2 | 11.4% |
| Netherlands | 50.2 | 69.3 | 81.5 | 72.8 | 13.2% |
| Sweden | 115 | 118 | 2.7 | 68.6 | -15.8% |
| Others | 1,000 | 881 | 884 | 940 | -2.0% |
| Total | 2,883 | 3,500 | 1,844 | 2,592 | -3.5% |
Top Export Markets for Inner Tubes, of Rubber from the UK in 2022:
- Ireland (215.2K units)
- Germany (59.5K units)
- France (26.1K units)
- Spain (17.9K units)
- Italy (16.6K units)
- Poland (13.0K units)
- Netherlands (11.5K units)
- Canada (9.9K units)
- Sweden (8.1K units)
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