Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Bangladesh - 2022

Contents:

  1. Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Bangladesh (CIF) - 2022
  2. Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Bangladesh (FOB) - 2022
  3. Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Bangladesh
  4. Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Bangladesh

Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Bangladesh (CIF) - 2022

In 2022, the average import price for rubber; inner tubes, of a kind used on bicycleses amounted to $1.2 per unit, growing by 19% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $1.3 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($1.4 per unit), while the price for India ($0.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Bangladesh (FOB) - 2022

The average export price for rubber; inner tubes, of a kind used on bicycleses stood at $0.9 per unit in 2022, picking up by 19% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 25%. As a result, the export price reached the peak level of $1 per unit. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Greece ($2.8 per unit), while the average price for exports to the UK ($0.7 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 Greece (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Bangladesh

In 2022, overseas purchases of rubber; inner tubes, of a kind used on bicycleses decreased by -30.5% to 1.7M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 64% against the previous year. As a result, imports attained the peak of 2.4M units, and then contracted markedly in the following year.

In value terms, imports of rubber; inner tubes, of a kind used on bicycleses dropped significantly to $2M in 2022. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 70% against the previous year. As a result, imports attained the peak of $2.4M, and then shrank significantly in the following year.

Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam36.1356520634159.9%
China4814478765615.3%
India410359544356-4.6%
Sri Lanka13.8116292262166.8%
Thailand19.329.09.272.655.5%
Indonesia60.075.311963.62.0%
Others2.117.816.611.877.8%
Total1,0221,3992,3771,96124.3%

Top Suppliers of Rubber; Inner Tubes, of A Kind Used On Bicycles to Bangladesh in 2022:

  1. Vietnam (447.6K units)
  2. India (441.9K units)
  3. China (396.1K units)
  4. Sri Lanka (265.3K units)
  5. Thailand (51.2K units)
  6. Indonesia (44.9K units)

Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Bangladesh

In 2022, after three years of growth, there was significant decline in overseas shipments of rubber; inner tubes, of a kind used on bicycleses, when their volume decreased by -26.5% to 1.5M units. In general, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 223% against the previous year. The exports peaked at 2M units in 2021, and then reduced remarkably in the following year.

In value terms, exports of rubber; inner tubes, of a kind used on bicycleses contracted to $1.3M in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 200%. The exports peaked at $1.5M in 2021, and then fell in the following year.

Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey66.13561,126923140.8%
Greece39.679.211813048.6%
Italy36.473.511012350.1%
United Kingdom8.09.429.627.550.9%
Germany14.623.828.724.819.3%
Others36.662.890.988.834.4%
Total2016041,5031,31687.1%

Top Export Markets for Rubber; Inner Tubes, of A Kind Used On Bicycles from Bangladesh in 2022:

  1. Turkey (1306.0K units)
  2. Italy (60.0K units)
  3. Greece (46.1K units)
  4. United Kingdom (40.4K units)
  5. Germany (17.7K units)

Source: IndexBox Market Intelligence Platform

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