Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Azerbaijan - 2023
Contents:
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Azerbaijan (CIF) - 2022
- Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Azerbaijan
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Azerbaijan (CIF) - 2022
The average import price for rubber; inner tubes, of a kind used on bicycleses stood at $0.6 per unit in 2022, with an increase of 26% against the previous year. In general, the import price enjoyed a moderate expansion. The pace of growth was the most pronounced in 2016 when the average import price increased by 43%. The import price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +4.4% per year.
Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Azerbaijan
In 2022, imports of rubber; inner tubes, of a kind used on bicycleses into Azerbaijan shrank dramatically to 224K units, dropping by -63.2% against 2021. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 133% against the previous year. As a result, imports attained the peak of 610K units, and then contracted sharply in the following year.
In value terms, imports of rubber; inner tubes, of a kind used on bicycleses contracted notably to $144K in 2022. Overall, imports, however, posted a notable increase. The most prominent rate of growth was recorded in 2021 with an increase of 209%. As a result, imports attained the peak of $310K, and then reduced remarkably in the following year.
| Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 118 | 94.1 | 307 | 137 | 5.1% |
| Others | 7.5 | 6.4 | 3.7 | 6.7 | -3.7% |
| Total | 125 | 100 | 310 | 144 | 4.8% |
Top Suppliers of Rubber; Inner Tubes, of A Kind Used On Bicycles to Azerbaijan in 2022:
- China (221.2K units)
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