Price for New Pneumatic Tyres, of Rubber in Iran - 2022
Contents:
- Price for New Pneumatic Tyres, of Rubber in Iran (CIF) - 2022
- Price for New Pneumatic Tyres, of Rubber in Iran (FOB) - 2022
- Imports of New Pneumatic Tyres, of Rubber in Iran
- Exports of New Pneumatic Tyres, of Rubber in Iran
Price for New Pneumatic Tyres, of Rubber in Iran (CIF) - 2022
In 2022, the average import price for new pneumatic tyres, of rubbers amounted to $107 per unit, dropping by -14.3% against the previous year. Over the period under review, the import price saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 33% against the previous year. The import price peaked at $217 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($108 per unit), while the price for Oman stood at $100 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-5.0%), while the prices for the other major suppliers experienced a decline.
Price for New Pneumatic Tyres, of Rubber in Iran (FOB) - 2022
In 2022, the average export price for new pneumatic tyres, of rubbers amounted to $42 per unit, shrinking by -18.9% against the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, new pneumatic tyres, of rubber export price increased by +22.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 51% against the previous year. Over the period under review, the average export prices reached the peak figure at $62 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($42 per unit), while the average price for exports to the United Arab Emirates totaled $42 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of New Pneumatic Tyres, of Rubber in Iran
In 2022, purchases abroad of new pneumatic tyres, of rubbers increased by 17% to 4.2M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a abrupt descent. Imports peaked at 4.9M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, new pneumatic tyres, of rubber imports shrank slightly to $443M in 2022. Overall, imports, however, recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 0.2%. Imports peaked at $480M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of New Pneumatic Tyres, of Rubber in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 109 | 35.2 | 17.8 | 389 | 52.8% |
| Oman | 0.3 | 1.2 | 2.0 | 53.5 | 462.9% |
| South Korea | 7.8 | 22.1 | 6.3 | N/A | -10.1% |
| Japan | 16.7 | 29.7 | 20.7 | N/A | 11.3% |
| China | 264 | 250 | 304 | N/A | 7.3% |
| Iraq | 15.4 | 33.2 | 47.2 | N/A | 75.1% |
| Turkey | 30.4 | 33.7 | 20.9 | N/A | -17.1% |
| Others | 36.9 | 37.3 | 24.0 | N/A | -19.4% |
| Total | 480 | 442 | 443 | 443 | -2.6% |
Top Suppliers of New Pneumatic Tyres, of Rubber to Iran in 2022:
- United Arab Emirates (3.6M units)
- Oman (0.5M units)
Exports of New Pneumatic Tyres, of Rubber in Iran
In 2022, the amount of new pneumatic tyres, of rubbers exported from Iran stood at 272K units, growing by 13% compared with 2021 figures. The total export volume increased at an average annual rate of +8.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 41% against the previous year. As a result, the exports attained the peak of 303K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, new pneumatic tyres, of rubber exports shrank to $11M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.5% 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 +42.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 30% against the previous year. The exports peaked at $12M in 2021, and then contracted in the following year.
| Export of New Pneumatic Tyres, of Rubber in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | N/A | N/A | N/A | 9.3 | 0% |
| United Arab Emirates | 0.1 | N/A | N/A | 2.1 | 175.9% |
| Nigeria | 0.3 | 0.5 | 1.0 | N/A | 82.6% |
| Afghanistan | 5.1 | 6.6 | 7.1 | N/A | 18.0% |
| Turkmenistan | 0.4 | 0.5 | 0.5 | N/A | 11.8% |
| Iraq | 1.2 | 1.5 | 2.8 | N/A | 52.8% |
| Pakistan | 0.5 | 1.0 | 0.8 | N/A | 26.5% |
| Others | 0.4 | 0.3 | 0.2 | N/A | -29.3% |
| Total | 8.0 | 10.4 | 12.4 | 11.4 | 12.5% |
Top Export Markets for New Pneumatic Tyres, of Rubber from Iran in 2022:
- Oman (221.5K units)
- United Arab Emirates (50.6K units)
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