Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Argentina - 2023
Contents:
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Argentina (CIF) - 2023
- Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Argentina
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Argentina (CIF) - 2023
In June 2023, the average import price for rubber; inner tubes, of a kind used on bicycleses amounted to $1.2 per unit, rising by 35% against the previous month. Over the period under review, the import price, however, recorded a abrupt shrinkage. The import price peaked at $3.2 per unit in December 2022; however, from January 2023 to June 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2022 to June 2023, the rate of growth in terms of prices for China amounted to -3.9% per month.
Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Argentina
For the fourth year in a row, Argentina recorded growth in purchases abroad of rubber; inner tubes, of a kind used on bicycleses, which increased by 1.9% to 3.6M units in 2022. In general, imports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 54%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of rubber; inner tubes, of a kind used on bicycleses rose remarkably to $3.9M in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 64% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,183 | 1,654 | 3,055 | 3,640 | 45.4% |
| India | 14.9 | 95.6 | 131 | 131 | 106.4% |
| Vietnam | 8.1 | 15.6 | 18.7 | 115 | 142.1% |
| Thailand | 3.9 | 55.2 | 210 | 21.3 | 76.1% |
| Brazil | 159 | 313 | 49.4 | N/A | -44.3% |
| Others | 22.6 | 21.1 | 63.3 | 32.5 | 12.9% |
| Total | 1,391 | 2,154 | 3,527 | 3,940 | 41.5% |
Top Suppliers of Rubber; Inner Tubes, of A Kind Used On Bicycles to Argentina in 2022:
- China (3417.9K units)
- India (95.0K units)
- Vietnam (70.3K units)
- Thailand (14.5K units)
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