Price for New Pneumatic Tyres, of Rubber in the United Arab Emirates - 2021
Contents:
- Price for New Pneumatic Tyres, of Rubber in the United Arab Emirates (FOB) - 2022
- Price for New Pneumatic Tyres, of Rubber in the United Arab Emirates (CIF) - 2022
- Exports of New Pneumatic Tyres, of Rubber in the United Arab Emirates
- Imports of New Pneumatic Tyres, of Rubber in the United Arab Emirates
Price for New Pneumatic Tyres, of Rubber in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for new pneumatic tyres, of rubbers amounted to $63 per unit, waning by -2% against the previous year. In general, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 17%. Over the period under review, the average export prices attained the peak figure at $171 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($69 per unit), while the average price for exports to Tanzania ($3.8 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 Kenya (+7.2%), while the prices for the other major destinations experienced a decline.
Price for New Pneumatic Tyres, of Rubber in the United Arab Emirates (CIF) - 2022
The average import price for new pneumatic tyres, of rubbers stood at $71 per unit in 2022, increasing by 2.4% against the previous year. Overall, the import price, however, continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 20%. The import price peaked at $145 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($94 per unit), while the price for Sri Lanka ($6.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-3.2%), while the prices for the other major suppliers experienced a decline.
Exports of New Pneumatic Tyres, of Rubber in the United Arab Emirates
New pneumatic tyres, of rubber exports from the United Arab Emirates reached 1.6M units in 2022, remaining constant against 2021 figures. Overall, exports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 2% against the previous year. Over the period under review, the exports attained the maximum at 3.2M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, new pneumatic tyres, of rubber exports contracted to $104M in 2022. In general, exports, however, saw a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 2.3%. The exports peaked at $212M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of New Pneumatic Tyres, of Rubber in the United Arab Emirates (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 51.5 | 34.5 | 38.7 | 53.2 | 1.1% |
Hong Kong SAR | 8.4 | 5.1 | 3.2 | 2.0 | -38.0% |
Burundi | 0.7 | 0.4 | 0.4 | 1.1 | 16.3% |
Georgia | 0.3 | 0.1 | 0.4 | 1.0 | 49.4% |
India | 2.5 | 0.7 | 0.8 | 0.9 | -28.9% |
France | 0.3 | 0.4 | 0.6 | 0.8 | 38.7% |
Mozambique | 1.5 | 0.7 | 1.0 | 0.8 | -18.9% |
Tanzania | 0.5 | 0.2 | 0.2 | 0.4 | -7.2% |
Oman | 82.7 | 23.3 | 19.2 | N/A | -51.8% |
Others | 63.2 | 38.0 | 41.2 | 44.2 | -11.2% |
Total | 212 | 103 | 106 | 104 | -21.1% |
Top Export Markets for New Pneumatic Tyres, of Rubber from the United Arab Emirates in 2022:
- Netherlands (781.6K units)
- Tanzania (109.1K units)
- Mozambique (34.8K units)
- India (34.0K units)
- Hong Kong SAR (28.4K units)
- Burundi (28.1K units)
- France (18.0K units)
- Georgia (17.8K units)
Imports of New Pneumatic Tyres, of Rubber in the United Arab Emirates
New pneumatic tyres, of rubber imports into the United Arab Emirates contracted markedly to 8.8M units in 2022, waning by -17.2% on 2021 figures. Over the period under review, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 51%. Over the period under review, imports attained the peak figure at 17M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, new pneumatic tyres, of rubber imports declined significantly to $622M in 2022. Overall, imports faced a precipitous decline. The pace of growth appeared the most rapid in 2021 when imports increased by 43% against the previous year. Over the period under review, imports reached the maximum at $1.4B in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of New Pneumatic Tyres, of Rubber in the United Arab Emirates (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 497 | 178 | 265 | 247 | -20.8% |
Japan | 200 | 73.6 | 100 | 78.7 | -26.7% |
India | 74.9 | 28.2 | 41.6 | 41.5 | -17.9% |
South Korea | 119 | 40.1 | 41.3 | 40.8 | -30.0% |
Poland | 11.0 | 4.4 | 4.9 | 9.1 | -6.1% |
Germany | 21.8 | 10.1 | 11.2 | 7.8 | -29.0% |
Sri Lanka | 3.2 | 1.7 | 1.6 | 1.3 | -25.9% |
Thailand | 69.2 | 31.9 | 42.8 | N/A | -21.4% |
Indonesia | 34.1 | 10.4 | 12.8 | N/A | -38.7% |
Taiwan (Chinese) | 11.4 | 4.8 | 3.5 | N/A | -44.6% |
Others | 320 | 127 | 208 | 195 | -15.2% |
Total | 1,362 | 511 | 733 | 622 | -23.0% |
Top Suppliers of New Pneumatic Tyres, of Rubber to the United Arab Emirates in 2022:
- China (2.6M units)
- Japan (1.0M units)
- India (1.0M units)
- South Korea (0.8M units)
- Poland (0.2M units)
- Sri Lanka (0.2M units)
- Germany (0.1M 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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