Price for New Pneumatic Tyres, of Rubber in Finland - 2022
Contents:
- Price for New Pneumatic Tyres, of Rubber in Finland (CIF) - 2022
- Price for New Pneumatic Tyres, of Rubber in Finland (FOB) - 2022
- Imports of New Pneumatic Tyres, of Rubber in Finland
- Exports of New Pneumatic Tyres, of Rubber in Finland
Price for New Pneumatic Tyres, of Rubber in Finland (CIF) - 2022
In April 2022, the average import price for new pneumatic tyres, of rubbers amounted to $64.2 per unit, picking up by 7.1% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In April 2022, the country with the highest price was Japan ($69.7 per unit), while the price for Russia ($36.2 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 China (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for New Pneumatic Tyres, of Rubber in Finland (FOB) - 2022
The average export price for new pneumatic tyres, of rubbers stood at $106 per unit in 2022, growing by 17% against the previous year. Overall, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($157 per unit), while the average price for exports to Poland ($60 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 Germany (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of New Pneumatic Tyres, of Rubber in Finland
In 2022, after three years of growth, there was significant decline in overseas purchases of new pneumatic tyres, of rubbers, when their volume decreased by -9.9% to 6.2M units. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 13%. Over the period under review, imports hit record highs at 6.9M units in 2021, and then declined in the following year.
In value terms, new pneumatic tyres, of rubber imports fell to $453M in 2022. The total import value increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year. As a result, imports reached the peak of $463M, and then fell in the following year.
| Import of New Pneumatic Tyres, of Rubber in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 96.8 | 90.0 | 103 | 77.7 | -7.1% |
| China | 41.3 | 42.2 | 53.7 | 52.6 | 8.4% |
| Sweden | 46.4 | 51.3 | 60.5 | 51.1 | 3.3% |
| Germany | 48.4 | 36.5 | 46.2 | 42.5 | -4.2% |
| Poland | 6.9 | 6.0 | 13.7 | 21.5 | 46.1% |
| Belgium | 17.5 | 15.3 | 14.4 | 16.5 | -1.9% |
| South Korea | 12.8 | 11.3 | 13.3 | 15.6 | 6.8% |
| Portugal | 2.9 | 11.6 | 6.9 | 11.6 | 58.7% |
| Czech Republic | 10.7 | 5.2 | 6.2 | 7.4 | -11.6% |
| Romania | 12.2 | 8.1 | 9.3 | 7.3 | -15.7% |
| Vietnam | 1.6 | 1.9 | 2.5 | 7.2 | 65.1% |
| Thailand | 3.8 | 3.8 | 5.4 | 6.9 | 22.0% |
| Indonesia | 1.6 | 3.9 | 4.3 | 6.0 | 55.4% |
| Others | 103 | 99.8 | 123 | 129 | 7.8% |
| Total | 405 | 387 | 463 | 453 | 3.8% |
Top Suppliers of New Pneumatic Tyres, of Rubber to Finland in 2022:
- Russia (1780.6K units)
- China (1417.9K units)
- Germany (426.6K units)
- Sweden (245.2K units)
- Poland (204.6K units)
- Portugal (201.7K units)
- Belgium (185.5K units)
- South Korea (166.3K units)
- Indonesia (164.1K units)
- Vietnam (149.7K units)
- Thailand (131.6K units)
- Romania (114.9K units)
- Czech Republic (105.2K units)
Exports of New Pneumatic Tyres, of Rubber in Finland
In 2022, exports of new pneumatic tyres, of rubbers from Finland fell to 4M units, reducing by -7.3% on 2021 figures. In general, exports saw a perceptible decrease. The pace of growth was the most pronounced in 2021 with an increase of 32%. The exports peaked at 4.6M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, new pneumatic tyres, of rubber exports rose notably to $427M in 2022. The total export value increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 29% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
| Export of New Pneumatic Tyres, of Rubber in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 92.2 | 82.2 | 93.7 | 102 | 3.4% |
| Norway | 45.9 | 43.5 | 54.0 | 94.6 | 27.3% |
| Germany | 82.9 | 58.5 | 82.6 | 54.6 | -13.0% |
| United States | 15.9 | 14.3 | 16.0 | 47.5 | 44.0% |
| Canada | 14.1 | 13.5 | 14.2 | 39.6 | 41.1% |
| Czech Republic | 20.0 | 11.5 | 13.9 | 10.2 | -20.1% |
| France | 10.9 | 11.1 | 13.8 | 10.1 | -2.5% |
| Poland | 9.6 | 8.0 | 15.8 | 7.7 | -7.1% |
| Russia | 22.2 | 16.7 | 20.4 | 7.4 | -30.7% |
| Netherlands | 5.1 | 3.9 | 7.6 | 4.8 | -2.0% |
| Others | 51.0 | 41.5 | 62.4 | 49.0 | -1.3% |
| Total | 370 | 305 | 394 | 427 | 4.9% |
Top Export Markets for New Pneumatic Tyres, of Rubber from Finland in 2022:
- Sweden (1050.1K units)
- Norway (949.6K units)
- United States (437.8K units)
- Canada (377.6K units)
- Germany (347.1K units)
- Czech Republic (152.7K units)
- Poland (128.4K units)
- France (117.0K units)
- Netherlands (72.3K units)
- Russia (69.8K units)
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