Price for Inner Tubes, of Rubber in Venezuela - 2022

Contents:

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

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

In 2022, the average inner tubes, of rubber import price amounted to $2.2 per unit, picking up by 79% against the previous year. In general, the import price saw a remarkable increase. The most prominent rate of growth was recorded in 2018 an increase of 124% against the previous year. As a result, import price reached the peak level of $2.5 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to +8.4% per year.

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

In 2022, the average inner tubes, of rubber export price amounted to $9.7 per unit, growing by 13% against the previous year. In general, the export price, however, recorded a perceptible decline. The pace of growth was the most pronounced in 2014 when the average export price increased by 21%. As a result, the export price reached the peak level of $16 per unit. From 2015 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Sudan amounted to +5.3% per year.

Imports of Inner Tubes, of Rubber in Venezuela

In 2022, imports of inner tubes, of rubbers into Venezuela dropped to 3.6M units, falling by -12.8% against 2021 figures. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 209% against the previous year. As a result, imports reached the peak of 4.1M units, and then shrank in the following year.

In value terms, inner tubes, of rubber imports skyrocketed to $7.9M in 2022. In general, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 95%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Inner Tubes, of Rubber in Venezuela (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.72.24.97.842.4%
Others0.30.40.20.1-30.7%
Total3.02.65.17.938.1%

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

  1. China (3.6M units)

Exports of Inner Tubes, of Rubber in Venezuela

In 2022, shipments abroad of inner tubes, of rubbers was finally on the rise to reach 19K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a precipitous curtailment. Over the period under review, the exports hit record highs at 52K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, inner tubes, of rubber exports surged to $186K in 2022. In general, exports, however, saw a significant curtailment. Over the period under review, the exports hit record highs at $390K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Inner Tubes, of Rubber in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil37234077.6177-21.9%
Honduras5.4N/A10.1N/A36.8%
United StatesN/A3.953.4N/A1269.2%
Others12.07.72.18.9-9.5%
Total390351143186-21.9%

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

  1. Brazil (18.9K units)

Source: IndexBox Market Intelligence Platform

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