Price for New Pneumatic Tyres, of Rubber in Indonesia - 2022
Contents:
- Price for New Pneumatic Tyres, of Rubber in Indonesia (FOB) - 2022
- Price for New Pneumatic Tyres, of Rubber in Indonesia (CIF) - 2022
- Exports of New Pneumatic Tyres, of Rubber in Indonesia
- Imports of New Pneumatic Tyres, of Rubber in Indonesia
Price for New Pneumatic Tyres, of Rubber in Indonesia (FOB) - 2022
In 2022, the average export price for new pneumatic tyres, of rubbers amounted to $31 per unit, standing approx. at the previous year. In general, the export price showed a strong expansion. The growth pace was the most rapid in 2016 an increase of 71%. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($63 per unit), while the average price for exports to Germany ($11 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 Poland (+20.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for New Pneumatic Tyres, of Rubber in Indonesia (CIF) - 2022
The average import price for new pneumatic tyres, of rubbers stood at $146 per unit in 2022, surging by 1.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 34%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($534 per unit), while the price for Taiwan (Chinese) ($9.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of New Pneumatic Tyres, of Rubber in Indonesia
In 2022, exports of new pneumatic tyres, of rubbers from Indonesia dropped to 55M units, reducing by -10.5% on the year before. In general, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 22% against the previous year. The exports peaked at 74M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, new pneumatic tyres, of rubber exports reduced to $1.7B in 2022. Overall, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year. The exports peaked at $2B in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of New Pneumatic Tyres, of Rubber in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 623 | 553 | 790 | 826 | 9.9% |
| Japan | 144 | 88.0 | 79.1 | 63.0 | -24.1% |
| Germany | 41.3 | 29.1 | 47.9 | 56.8 | 11.2% |
| Mexico | 23.1 | 21.9 | 27.7 | 44.7 | 24.6% |
| Australia | 67.4 | 53.4 | 55.7 | 43.9 | -13.3% |
| Malaysia | 79.5 | 54.5 | 54.5 | 41.5 | -19.5% |
| Philippines | 76.3 | 36.4 | 69.3 | 38.7 | -20.3% |
| Canada | 17.2 | 22.2 | 41.1 | 34.7 | 26.4% |
| United Kingdom | 49.0 | 29.2 | 24.6 | 27.8 | -17.2% |
| Netherlands | 65.4 | 56.7 | 61.7 | 22.6 | -29.8% |
| Italy | 22.6 | 16.7 | 20.5 | 19.3 | -5.1% |
| Brazil | 34.9 | 17.8 | 18.8 | 16.6 | -21.9% |
| Poland | 14.5 | 12.4 | 12.9 | 13.0 | -3.6% |
| Others | 781 | 511 | 554 | 432 | -17.9% |
| Total | 2,039 | 1,502 | 1,858 | 1,680 | -6.3% |
Top Export Markets for New Pneumatic Tyres, of Rubber from Indonesia in 2022:
- United States (16.4M units)
- Germany (5.0M units)
- Netherlands (1.7M units)
- Australia (1.1M units)
- Italy (1.1M units)
- Mexico (1.0M units)
- Malaysia (1.0M units)
- United Kingdom (1.0M units)
- Japan (1.0M units)
- Brazil (0.9M units)
- Poland (0.8M units)
- Canada (0.7M units)
- Philippines (0.7M units)
Imports of New Pneumatic Tyres, of Rubber in Indonesia
In 2022, imports of new pneumatic tyres, of rubbers into Indonesia dropped to 4M units, reducing by -10.4% compared with 2021 figures. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. As a result, imports attained the peak of 4.4M units, and then contracted in the following year.
In value terms, new pneumatic tyres, of rubber imports reduced to $577M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 21%. As a result, imports reached the peak of $633M, and then dropped in the following year.
| Import of New Pneumatic Tyres, of Rubber in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 147 | 151 | 233 | 230 | 16.1% |
| Japan | 209 | 199 | 208 | 188 | -3.5% |
| Thailand | 87.6 | 52.5 | 75.5 | 52.4 | -15.7% |
| India | 42.3 | 38.6 | 45.4 | 39.0 | -2.7% |
| Vietnam | 5.8 | 6.8 | 8.6 | 6.0 | 1.1% |
| Taiwan (Chinese) | 1.1 | 1.9 | 2.5 | 1.7 | 15.6% |
| Others | 79.4 | 72.1 | 60.4 | 60.0 | -8.9% |
| Total | 571 | 522 | 633 | 577 | 0.3% |
Top Suppliers of New Pneumatic Tyres, of Rubber to Indonesia in 2022:
- China (1622.1K units)
- Thailand (771.8K units)
- India (411.4K units)
- Vietnam (357.6K units)
- Japan (352.0K units)
- Taiwan (Chinese) (179.5K units)
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