Price for New Pneumatic Tyres, of Rubber in Denmark - 2022
Contents:
- Price for New Pneumatic Tyres, of Rubber in Denmark (CIF) - 2022
- Price for New Pneumatic Tyres, of Rubber in Denmark (FOB) - 2022
- Imports of New Pneumatic Tyres, of Rubber in Denmark
- Exports of New Pneumatic Tyres, of Rubber in Denmark
Price for New Pneumatic Tyres, of Rubber in Denmark (CIF) - 2022
The average import price for new pneumatic tyres, of rubbers stood at $66.3 per unit in April 2022, falling by -4.4% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in September 2021 when the average import price increased by 8.5% month-to-month. Over the period under review, average import prices attained the peak figure at $75.6 per unit in October 2021; however, from November 2021 to April 2022, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Israel ($85.2 per unit), while the price for Thailand ($39.3 per unit) was amongst the lowest.
From April 2021 to April 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for New Pneumatic Tyres, of Rubber in Denmark (FOB) - 2022
In April 2022, the average export price for new pneumatic tyres, of rubbers amounted to $73.6 per unit, remaining relatively unchanged against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2021 when the average export price increased by 14% m-o-m. As a result, the export price attained the peak level of $78.2 per unit. From November 2021 to April 2022, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In April 2022, the country with the highest price was Faroe Islands ($79.3 per unit), while the average price for exports to Iceland ($44.4 per unit) was amongst the lowest.
From April 2021 to April 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of New Pneumatic Tyres, of Rubber in Denmark
In 2022, approx. 6.6M units of new pneumatic tyres, of rubbers were imported into Denmark; approximately mirroring 2021 figures. The total import volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year. As a result, imports attained the peak of 6.6M units, leveling off in the following year.
In value terms, new pneumatic tyres, of rubber imports dropped to $393M in 2022. The total import value increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. As a result, imports attained the peak of $393M, leveling off in the following year.
| Import of New Pneumatic Tyres, of Rubber in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 161 | 155 | 185 | 168 | 1.4% |
| Sweden | 21.7 | 33.1 | 47.9 | 41.8 | 24.4% |
| Netherlands | 26.0 | 30.3 | 28.8 | 27.8 | 2.3% |
| China | 15.8 | 15.9 | 22.4 | 26.7 | 19.1% |
| Vietnam | 3.4 | 3.3 | 6.0 | 10.8 | 47.0% |
| Thailand | 4.5 | 5.2 | 6.9 | 9.8 | 29.6% |
| France | 10.7 | 4.8 | 6.0 | 8.7 | -6.7% |
| Belgium | 13.7 | 11.2 | 10.0 | 8.7 | -14.0% |
| Czech Republic | 7.9 | 5.0 | 5.6 | 7.3 | -2.6% |
| Japan | 6.0 | 4.8 | 6.2 | 6.8 | 4.3% |
| Taiwan (Chinese) | 1.4 | 1.6 | 2.2 | 2.7 | 24.5% |
| Hungary | 10.6 | 7.1 | 4.5 | 2.6 | -37.4% |
| Indonesia | 0.6 | 1.0 | 1.8 | 1.4 | 32.6% |
| Others | 54.2 | 49.7 | 60.6 | 69.7 | 8.7% |
| Total | 338 | 329 | 393 | 393 | 5.2% |
Top Suppliers of New Pneumatic Tyres, of Rubber to Denmark in 2022:
- Germany (2440.6K units)
- China (1371.2K units)
- Netherlands (448.1K units)
- Sweden (438.0K units)
- Vietnam (396.0K units)
- Czech Republic (173.8K units)
- Thailand (150.9K units)
- Taiwan (Chinese) (137.8K units)
- Japan (132.7K units)
- Belgium (127.4K units)
- France (112.3K units)
- Indonesia (108.4K units)
- Hungary (25.7K units)
Exports of New Pneumatic Tyres, of Rubber in Denmark
New pneumatic tyres, of rubber exports from Denmark soared to 1.4M units in 2022, with an increase of 48% on the year before. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.2% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, new pneumatic tyres, of rubber exports soared to $70M in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of New Pneumatic Tyres, of Rubber in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.8 | 10.0 | 10.2 | 18.3 | 32.9% |
| Netherlands | 6.8 | 5.0 | 15.8 | 12.1 | 21.2% |
| Sweden | 1.7 | 2.4 | 1.6 | 7.7 | 65.5% |
| Norway | 3.4 | 4.4 | 4.4 | 6.4 | 23.5% |
| Faroe Islands | 3.0 | 3.2 | 3.6 | 3.3 | 3.2% |
| Slovenia | N/A | 0.1 | 0.3 | 2.7 | 419.6% |
| Finland | 0.8 | 0.7 | 0.8 | 2.6 | 48.1% |
| Poland | 1.5 | 1.5 | 2.0 | 2.4 | 17.0% |
| Italy | 3.5 | 3.1 | 2.9 | 1.6 | -23.0% |
| Austria | 0.5 | 0.7 | 0.8 | 1.4 | 40.9% |
| France | 1.2 | 1.2 | 1.8 | 1.2 | 0.0% |
| Hungary | 0.6 | 0.3 | 0.8 | 0.7 | 5.3% |
| United Kingdom | 3.0 | 3.0 | 0.3 | 0.3 | -53.6% |
| Others | 7.0 | 6.7 | 7.7 | 9.5 | 10.7% |
| Total | 40.7 | 42.3 | 52.8 | 70.3 | 20.0% |
Top Export Markets for New Pneumatic Tyres, of Rubber from Denmark in 2022:
- Germany (277.1K units)
- Sweden (191.8K units)
- Netherlands (146.6K units)
- Norway (136.4K units)
- Slovenia (124.7K units)
- Finland (99.0K units)
- Poland (98.6K units)
- Italy (51.1K units)
- Faroe Islands (29.6K units)
- Hungary (25.7K units)
- France (22.3K units)
- Austria (22.3K units)
- United Kingdom (5.1K units)
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