Price for New Pneumatic Tyres, of Rubber in Sudan - 2022
Contents:
- Price for New Pneumatic Tyres, of Rubber in Sudan (CIF) - 2022
- Price for New Pneumatic Tyres, of Rubber in Sudan (FOB) - 2022
- Imports of New Pneumatic Tyres, of Rubber in Sudan
- Exports of New Pneumatic Tyres, of Rubber in Sudan
Price for New Pneumatic Tyres, of Rubber in Sudan (CIF) - 2022
In 2022, the average import price for new pneumatic tyres, of rubbers amounted to $53 per unit, increasing by 21% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.3% 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 import price decreased by -28.1% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 62% against the previous year. As a result, import price reached the peak level of $76 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($70 per unit), while the price for India ($27 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for New Pneumatic Tyres, of Rubber in Sudan (FOB) - 2022
In 2022, the average export price for new pneumatic tyres, of rubbers amounted to $94 per unit, dropping by -7.1% against the previous year. Over the period under review, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 an increase of 53%. Over the period under review, the average export prices hit record highs at $160 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Niger ($625 per unit), while the average price for exports to Spain ($75 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 Spain (+249.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of New Pneumatic Tyres, of Rubber in Sudan
In 2022, supplies from abroad of new pneumatic tyres, of rubbers decreased by -18.3% to 2.1M units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 36%. As a result, imports reached the peak of 2.5M units, and then dropped markedly in the following year.
In value terms, new pneumatic tyres, of rubber imports declined to $111M in 2022. Over the period under review, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 3% against the previous year. Imports peaked at $131M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of New Pneumatic Tyres, of Rubber in Sudan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 90.7 | 71.5 | 58.1 | 49.7 | -18.2% |
United Arab Emirates | 10.9 | 11.5 | 29.2 | 35.5 | 48.2% |
India | 11.2 | 9.7 | 6.9 | 10.0 | -3.7% |
Japan | 6.3 | 4.6 | 5.1 | 5.1 | -6.8% |
Thailand | 3.5 | 3.5 | 2.2 | 2.2 | -14.3% |
Others | 8.3 | 8.4 | 11.0 | 8.3 | 0.0% |
Total | 131 | 109 | 112 | 111 | -5.4% |
Top Suppliers of New Pneumatic Tyres, of Rubber to Sudan in 2022:
- China (773.4K units)
- United Arab Emirates (666.3K units)
- India (372.2K units)
- Japan (72.6K units)
- Thailand (47.8K units)
Exports of New Pneumatic Tyres, of Rubber in Sudan
After three years of growth, overseas shipments of new pneumatic tyres, of rubbers decreased by -11% to 568 units in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +16.7% 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 +59.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 39% against the previous year. Over the period under review, the exports reached the maximum at 638 units in 2021, and then contracted in the following year.
In value terms, new pneumatic tyres, of rubber exports fell remarkably to $53K in 2022. In general, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 113%. The exports peaked at $64K in 2021, and then contracted significantly in the following year.
Export of New Pneumatic Tyres, of Rubber in Sudan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | N/A | N/A | N/A | 26.7 | 0% |
United Arab Emirates | 19.4 | 36.4 | 0.1 | 15.5 | -7.2% |
Niger | N/A | N/A | N/A | 10.0 | 0% |
South Africa | 0.3 | 2.6 | 0.2 | 0.9 | 44.2% |
Sri Lanka | N/A | N/A | 0.5 | N/A | 0% |
Rwanda | N/A | N/A | 23.7 | N/A | 0% |
Austria | N/A | 3.0 | N/A | N/A | 0% |
Uzbekistan | N/A | N/A | 38.7 | N/A | 0% |
Others | N/A | N/A | 1.1 | N/A | 0% |
Total | 19.7 | 42.0 | 64.3 | 53.2 | 39.3% |
Top Export Markets for New Pneumatic Tyres, of Rubber from Sudan in 2022:
- Spain (357.0 units)
- United Arab Emirates (184.0 units)
- Niger (16.0 units)
- South Africa (11.0 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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