Price for New Pneumatic Tyres, of Rubber in the Netherlands - 2022
Contents:
- Price for New Pneumatic Tyres, of Rubber in the Netherlands (CIF) - 2022
- Price for New Pneumatic Tyres, of Rubber in the Netherlands (FOB) - 2022
- Imports of New Pneumatic Tyres, of Rubber in the Netherlands
- Exports of New Pneumatic Tyres, of Rubber in the Netherlands
Price for New Pneumatic Tyres, of Rubber in the Netherlands (CIF) - 2022
The average import price for new pneumatic tyres, of rubbers stood at $75.5 per unit in April 2022, increasing by 2.9% against the previous month. Over the period from April 2021 to April 2022, it increased at an average monthly rate of +2.0%. The growth pace was the most rapid in January 2022 when the average import price increased by 17% month-to-month. Over the period under review, average import prices attained the peak figure at $76.5 per unit in February 2022; however, from March 2022 to April 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($95.5 per unit), while the price for India ($46.8 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 Germany (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for New Pneumatic Tyres, of Rubber in the Netherlands (FOB) - 2022
In April 2022, the average export price for new pneumatic tyres, of rubbers amounted to $94.7 per unit, dropping by -1.8% against the previous month. Over the period under review, export price indicated perceptible growth from April 2021 to April 2022: its price increased at an average monthly rate of +4.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2022 figures, new pneumatic tyres, of rubber export price increased by +71.1% against December 2021 indices. The growth pace was the most rapid in January 2022 an increase of 63% m-o-m. Over the period under review, the average export prices hit record highs at $96.5 per unit in March 2022, and then shrank slightly in the following month.
There were significant differences in the average prices for the major export markets. In April 2022, the country with the highest price was Hong Kong SAR ($161 per unit), while the average price for exports to Ghana ($64.9 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 Switzerland (+0.9%), while the prices for the other major destinations experienced a decline.
Imports of New Pneumatic Tyres, of Rubber in the Netherlands
In 2022, after three years of growth, there was significant decline in supplies from abroad of new pneumatic tyres, of rubbers, when their volume decreased by -19.2% to 53M units. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 16%. As a result, imports reached the peak of 66M units, and then contracted sharply in the following year.
In value terms, new pneumatic tyres, of rubber imports dropped to $3.1B in 2022. The total import value increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 31%. As a result, imports reached the peak of $3.4B, and then reduced in the following year.
Import of New Pneumatic Tyres, of Rubber in the Netherlands (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 445 | 451 | 595 | 460 | 1.1% |
Germany | 338 | 325 | 503 | 456 | 10.5% |
China | 285 | 295 | 366 | 352 | 7.3% |
France | 192 | 213 | 276 | 237 | 7.3% |
Hungary | 148 | 207 | 240 | 207 | 11.8% |
Italy | 107 | 132 | 192 | 183 | 19.6% |
India | 48.7 | 52.9 | 114 | 138 | 41.5% |
Turkey | 106 | 104 | 120 | 114 | 2.5% |
South Korea | 81.6 | 81.5 | 116 | 83.8 | 0.9% |
Thailand | 42.6 | 34.0 | 44.5 | 77.7 | 22.2% |
Taiwan (Chinese) | 16.5 | 20.5 | 26.8 | 38.4 | 32.5% |
Vietnam | 17.8 | 18.0 | 16.1 | 35.8 | 26.2% |
Indonesia | 24.1 | 22.6 | 24.5 | 35.4 | 13.7% |
Others | 762 | 660 | 785 | 662 | -4.6% |
Total | 2,614 | 2,617 | 3,419 | 3,082 | 5.6% |
Top Suppliers of New Pneumatic Tyres, of Rubber to the Netherlands in 2022:
- China (11.0M units)
- Germany (7.5M units)
- Belgium (4.7M units)
- Hungary (4.1M units)
- Vietnam (3.5M units)
- India (2.6M units)
- Indonesia (2.3M units)
- Italy (2.0M units)
- France (2.0M units)
- Turkey (1.5M units)
- Taiwan (Chinese) (1.4M units)
- Thailand (1.4M units)
- South Korea (0.9M units)
Exports of New Pneumatic Tyres, of Rubber in the Netherlands
In 2022, overseas shipments of new pneumatic tyres, of rubbers decreased by -41.1% to 31M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports saw a noticeable reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 26% against the previous year. The exports peaked at 53M units in 2021, and then fell remarkably in the following year.
In value terms, new pneumatic tyres, of rubber exports dropped dramatically to $2.4B in 2022. The total export value increased at an average annual rate of +3.1% over the period 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 2021 with an increase of 22%. As a result, the exports attained the peak of $2.9B, and then shrank significantly in the following year.
Export of New Pneumatic Tyres, of Rubber in the Netherlands (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 636 | 772 | 793 | 646 | 0.5% |
France | 281 | 293 | 458 | 349 | 7.5% |
Belgium | 206 | 224 | 262 | 262 | 8.3% |
Italy | 157 | 161 | 175 | 159 | 0.4% |
United Kingdom | 130 | 112 | 118 | 105 | -6.9% |
Poland | 56.4 | 64.6 | 93.4 | 91.4 | 17.5% |
Spain | 71.9 | 76.9 | 114 | 89.4 | 7.5% |
Austria | 39.2 | 42.2 | 50.3 | 50.9 | 9.1% |
Sweden | 34.8 | 47.6 | 57.4 | 41.8 | 6.3% |
Ireland | 27.3 | 31.5 | 44.6 | 41.8 | 15.3% |
Czech Republic | 64.3 | 41.1 | 41.0 | 41.5 | -13.6% |
Denmark | 23.2 | 32.0 | 35.6 | 28.8 | 7.5% |
Others | 489 | 465 | 639 | 520 | 2.1% |
Total | 2,216 | 2,363 | 2,881 | 2,426 | 3.1% |
Top Export Markets for New Pneumatic Tyres, of Rubber from the Netherlands in 2022:
- Germany (9.2M units)
- France (4.1M units)
- Belgium (3.9M units)
- Italy (2.5M units)
- Poland (1.2M units)
- Spain (1.2M units)
- United Kingdom (1.0M units)
- Sweden (0.8M units)
- Austria (0.6M units)
- Ireland (0.6M units)
- Czech Republic (0.5M units)
- Denmark (0.5M 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.
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