Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Bangladesh - 2022

Contents:

  1. Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Bangladesh (CIF) - 2022
  2. Imports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Bangladesh

Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Bangladesh (CIF) - 2022

The average import price for new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses stood at $14 per unit in 2022, with an increase of 4.3% against the previous year. Over the period under review, the import price, however, showed a abrupt slump. The growth pace was the most rapid in 2016 when the average import price increased by 6.8% against the previous year. The import price peaked at $23 per unit in 2012; however, from 2013 to 2022, 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 Indonesia ($32 per unit), while the price for China ($4.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.2%), while the prices for the other major suppliers experienced a decline.

Imports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Bangladesh

In 2022, after three years of growth, there was decline in purchases abroad of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses, when their volume decreased by -1.7% to 8.1K units. The total import volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 3.4%. As a result, imports reached the peak of 8.3K units, and then fell modestly in the following year.

In value terms, imports of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses expanded to $110K in 2022. In general, imports recorded a perceptible curtailment. Imports peaked at $119K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia118112107110-2.3%
Others0.90.70.60.5-17.8%
Total119113108110-2.6%

Top Suppliers of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles to Bangladesh in 2022:

  1. Russia (8.1K units)

Source: IndexBox Market Intelligence Platform

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