Price for New Pneumatic Tyres, of Rubber in the United Arab Emirates - 2021

Contents:

  1. Price for New Pneumatic Tyres, of Rubber in the United Arab Emirates (FOB) - 2022
  2. Price for New Pneumatic Tyres, of Rubber in the United Arab Emirates (CIF) - 2022
  3. Exports of New Pneumatic Tyres, of Rubber in the United Arab Emirates
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands51.534.538.753.21.1%
Hong Kong SAR8.45.13.22.0-38.0%
Burundi0.70.40.41.116.3%
Georgia0.30.10.41.049.4%
India2.50.70.80.9-28.9%
France0.30.40.60.838.7%
Mozambique1.50.71.00.8-18.9%
Tanzania0.50.20.20.4-7.2%
Oman82.723.319.2N/A-51.8%
Others63.238.041.244.2-11.2%
Total212103106104-21.1%

Top Export Markets for New Pneumatic Tyres, of Rubber from the United Arab Emirates in 2022:

  1. Netherlands (781.6K units)
  2. Tanzania (109.1K units)
  3. Mozambique (34.8K units)
  4. India (34.0K units)
  5. Hong Kong SAR (28.4K units)
  6. Burundi (28.1K units)
  7. France (18.0K units)
  8. 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)
COUNTRY2019202020212022CAGR,
2019-2022
China497178265247-20.8%
Japan20073.610078.7-26.7%
India74.928.241.641.5-17.9%
South Korea11940.141.340.8-30.0%
Poland11.04.44.99.1-6.1%
Germany21.810.111.27.8-29.0%
Sri Lanka3.21.71.61.3-25.9%
Thailand69.231.942.8N/A-21.4%
Indonesia34.110.412.8N/A-38.7%
Taiwan (Chinese)11.44.83.5N/A-44.6%
Others320127208195-15.2%
Total1,362511733622-23.0%

Top Suppliers of New Pneumatic Tyres, of Rubber to the United Arab Emirates in 2022:

  1. China (2.6M units)
  2. Japan (1.0M units)
  3. India (1.0M units)
  4. South Korea (0.8M units)
  5. Poland (0.2M units)
  6. Sri Lanka (0.2M units)
  7. Germany (0.1M units)

Source: IndexBox Market Intelligence Platform

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