Price for New Pneumatic Tyres, of Rubber in Belarus - 2022
Contents:
- Price for New Pneumatic Tyres, of Rubber in Belarus (FOB) - 2022
- Price for New Pneumatic Tyres, of Rubber in Belarus (CIF) - 2022
- Exports of New Pneumatic Tyres, of Rubber in Belarus
- Imports of New Pneumatic Tyres, of Rubber in Belarus
Price for New Pneumatic Tyres, of Rubber in Belarus (FOB) - 2022
The average export price for new pneumatic tyres, of rubbers stood at $55.3 per unit in April 2021, increasing by 13% against the previous month. Over the last three-month period, it increased at an average monthly rate of +4.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In April 2021, the country with the highest price was Germany ($146 per unit), while the average price for exports to Moldova ($25.1 per unit) was amongst the lowest.
From January 2021 to April 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for New Pneumatic Tyres, of Rubber in Belarus (CIF) - 2022
The average import price for new pneumatic tyres, of rubbers stood at $54 per unit in 2022, which is down by -11.6% against the previous year. Over the period under review, the import price recorded a pronounced slump. The most prominent rate of growth was recorded in 2021 an increase of 27%. The import price peaked at $88 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 Russia ($83 per unit), while the price for China ($12 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+24.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of New Pneumatic Tyres, of Rubber in Belarus
In 2022, the amount of new pneumatic tyres, of rubbers exported from Belarus totaled 4.9M units, stabilizing at the previous year's figure. Overall, exports, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by 0.3%. Over the period under review, the exports attained the peak figure at 5.9M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, new pneumatic tyres, of rubber exports dropped to $266M in 2022. Over the period under review, exports, however, showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 4.1%. The exports peaked at $292M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of New Pneumatic Tyres, of Rubber in Belarus (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 135 | 96.4 | 118 | 169 | 7.8% |
Kazakhstan | 10.8 | 11.1 | 12.3 | 16.0 | 14.0% |
Lithuania | 7.4 | 8.7 | 8.0 | 10.5 | 12.4% |
Ukraine | 54.7 | 42.2 | 35.0 | 9.0 | -45.2% |
Germany | 15.0 | 27.1 | 28.1 | 5.2 | -29.8% |
Netherlands | 14.5 | 18.8 | 27.0 | 5.0 | -29.9% |
Moldova | 2.6 | 2.9 | 2.8 | 4.4 | 19.2% |
Azerbaijan | 2.8 | 2.2 | 2.9 | 3.3 | 5.6% |
Others | 49.1 | 51.6 | 37.7 | 43.7 | -3.8% |
Total | 292 | 261 | 272 | 266 | -3.1% |
Top Export Markets for New Pneumatic Tyres, of Rubber from Belarus in 2022:
- Russia (3962.1K units)
- Ukraine (188.0K units)
- Kazakhstan (186.0K units)
- Lithuania (117.9K units)
- Moldova (107.1K units)
- Azerbaijan (65.7K units)
- Netherlands (33.0K units)
- Germany (15.6K units)
Imports of New Pneumatic Tyres, of Rubber in Belarus
In 2022, after two years of decline, there was growth in overseas purchases of new pneumatic tyres, of rubbers, when their volume increased by 4.5% to 4M units. Overall, imports, however, recorded a abrupt decrease. Over the period under review, imports reached the maximum at 4.9M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, new pneumatic tyres, of rubber imports fell to $216M in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, imports reached the peak of $234M, and then declined in the following year.
Import of New Pneumatic Tyres, of Rubber in Belarus (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 134 | 126 | 160 | 147 | 3.1% |
Serbia | 12.2 | 10.7 | 13.9 | 16.3 | 10.1% |
China | 14.7 | 14.5 | 8.8 | 15.7 | 2.2% |
Hungary | 5.5 | 7.9 | 8.0 | 6.6 | 6.3% |
Turkey | 1.3 | 1.9 | 4.7 | 3.9 | 44.2% |
Vietnam | 0.5 | 0.9 | 1.4 | 3.5 | 91.3% |
Ukraine | 3.3 | 3.9 | 3.0 | 2.7 | -6.5% |
South Korea | 15.3 | 12.4 | 11.1 | 2.1 | -48.4% |
Others | 19.2 | 20.1 | 22.6 | 18.1 | -1.9% |
Total | 205 | 198 | 234 | 216 | 1.8% |
Top Suppliers of New Pneumatic Tyres, of Rubber to Belarus in 2022:
- Russia (1772.8K units)
- China (1312.4K units)
- Serbia (281.9K units)
- Hungary (150.5K units)
- Ukraine (104.5K units)
- Turkey (96.0K units)
- Vietnam (69.6K units)
- South Korea (31.6K units)
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The tyre industry has witnessed significant growth over the years, driven by the increasing demand for automobiles and the expanding global automotive industry. As a result, tire manufacturers around the world are constantly looking to tap into the best import markets for tyres to ensure their products reach a wider audience. The IndexBox Market Intelligence Platform provides comprehensive and up-to-date data on global trade, including import values, market trends, and key statistics. Based on the data sourced from the IndexBox platform, we have compiled a list of the top 10 countries with the highest import values for tyres in 2022. The United States takes the top spot with an import value of $18.7 billion in 2022, followed by Germany and France. Emerging economies like Mexico, Canada, and Australia also contribute significantly to the import market for tyres. The IndexBox market intelligence platform delivers valuable insights into these markets, helping manufacturers and traders make informed decisions and capitalize on the opportunities available.
The global tire market is expected to reach $209 billion in 2030, growing with a CAGR of +2.4% from 2022 to 2030.
Explore the top import markets for agricultural, construction, and industrial machinery tyres in 2023. Find out which countries are leading the way in importing high-quality tyres for various sectors.
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