Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Sri Lanka - 2022
Contents:
- Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Sri Lanka (CIF) - 2022
- Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Sri Lanka (FOB) - 2022
- Imports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Sri Lanka
- Exports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Sri Lanka
Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Sri Lanka (CIF) - 2022
In 2022, the average import price for new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses amounted to $10 per unit, declining by -13.3% against the previous year. In general, the import price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when the average import price increased by 31% against the previous year. As a result, import price reached the peak level of $90 per unit. From 2016 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($12 per unit), while the price for Turkey ($6.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-13.4%), while the prices for the other major suppliers experienced a decline.
Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Sri Lanka (FOB) - 2022
The average export price for new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses stood at $68 per unit in 2022, increasing by 3.1% against the previous year. In general, the export price, however, showed a deep reduction. The pace of growth was the most pronounced in 2014 when the average export price increased by 69% against the previous year. As a result, the export price reached the peak level of $332 per unit. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($369 per unit), while the average price for exports to Croatia ($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 Austria (+2.5%), while the prices for the other major destinations experienced a decline.
Imports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Sri Lanka
In 2022, imports of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses into Sri Lanka surged to 9.4K units, rising by 17% on the previous year. In general, imports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 54% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses reached $94K in 2022. Overall, imports, however, saw a mild slump. Imports peaked at $97K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 61.4 | 59.4 | 57.4 | 57.6 | -2.1% |
| China | 26.0 | 25.9 | 25.9 | 26.8 | 1.0% |
| Turkey | 4.9 | 4.8 | 4.7 | 4.7 | -1.4% |
| Others | 4.8 | 4.5 | 4.4 | 4.4 | -2.9% |
| Total | 97.1 | 94.7 | 92.3 | 93.5 | -1.3% |
Top Suppliers of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles to Sri Lanka in 2022:
- Indonesia (4.9K units)
- China (3.7K units)
- Turkey (0.7K units)
Exports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Sri Lanka
After two years of decline, overseas shipments of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses decreased by -2% to 48 units in 2022. Over the period under review, exports saw a dramatic decrease. Over the period under review, the exports of attained the peak figure at 3.5K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses stood at $3.2K in 2022. Overall, exports recorded a dramatic curtailment. Over the period under review, the exports of hit record highs at $470K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 103 | 0.8 | 0.9 | 1.0 | -78.7% |
| Saudi Arabia | 99.2 | 0.7 | 0.7 | 0.7 | -80.8% |
| Austria | 106 | 0.8 | 0.8 | 0.7 | -81.2% |
| Ecuador | 34.9 | 0.2 | 0.2 | 0.2 | -82.1% |
| Egypt | 33.5 | 0.1 | N/A | 0.1 | -85.6% |
| Germany | 25.1 | 0.2 | 0.2 | 0.1 | -84.1% |
| Belgium | 0.1 | N/A | N/A | N/A | 0% |
| Colombia | 1.1 | N/A | N/A | N/A | 0% |
| Bosnia and Herzegovina | N/A | N/A | N/A | N/A | 0% |
| Croatia | 0.3 | N/A | N/A | N/A | 0% |
| United States | 2.9 | N/A | N/A | N/A | 0% |
| Algeria | 0.3 | N/A | N/A | N/A | 0% |
| Bahrain | 1.3 | N/A | N/A | N/A | 0% |
| Others | 61.8 | 0.4 | 0.4 | 0.4 | -81.4% |
| Total | 470 | 3.3 | 3.2 | 3.2 | -81.0% |
Top Export Markets for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles from Sri Lanka in 2022:
- Saudi Arabia (3.0 units)
- China (3.0 units)
- Egypt (2.0 units)
- Austria (2.0 units)
- Germany (2.0 units)
- Bahrain (1.0 units)
- Algeria (1.0 units)
- United States (1.0 units)
- Croatia (1.0 units)
- Bosnia and Herzegovina (1.0 units)
- Colombia (1.0 units)
- Belgium (1.0 units)
- Ecuador (1.0 units)
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