Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in China - 2024
Contents:
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in China (FOB) - 2022
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in China (CIF) - 2022
- Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in China
- Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in China
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in China (FOB) - 2022
The average export price for rubber; inner tubes, of a kind used on bicycleses stood at $1 per unit in 2022, picking up by 10% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 45% against the previous year. The export price peaked at $1.2 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($1.3 per unit), while the average price for exports to Uzbekistan ($0.6 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 Spain (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in China (CIF) - 2022
In 2022, the average import price for rubber; inner tubes, of a kind used on bicycleses amounted to $1.7 per unit, growing by 8.5% against the previous year. Overall, the import price, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2020 when the average import price increased by 29% against the previous year. The import price peaked at $2.5 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 Japan ($9.5 per unit), while the price for Indonesia ($1.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+17.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in China
In 2022, shipments abroad of rubber; inner tubes, of a kind used on bicycleses decreased by -23.6% to 210M units for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 39%. The exports peaked at 275M units in 2021, and then contracted significantly in the following year.
In value terms, exports of rubber; inner tubes, of a kind used on bicycleses dropped markedly to $212M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +30.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 40%. As a result, the exports attained the peak of $251M, and then reduced sharply in the following year.
Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 12.2 | 12.3 | 16.3 | 23.9 | 25.1% |
United States | 10.7 | 20.3 | 21.2 | 16.9 | 16.5% |
Brazil | 14.5 | 10.7 | 19.2 | 14.8 | 0.7% |
Netherlands | 3.7 | 4.3 | 5.4 | 11.4 | 45.5% |
Italy | 5.9 | 6.2 | 13.5 | 10.5 | 21.2% |
Ghana | 4.2 | 5.2 | 6.7 | 8.2 | 25.0% |
Japan | 5.0 | 5.3 | 7.0 | 7.0 | 11.9% |
Mexico | 6.0 | 8.4 | 11.7 | 6.6 | 3.2% |
Spain | 7.5 | 8.0 | 11.0 | 6.5 | -4.7% |
Nigeria | 4.7 | 3.5 | 5.0 | 6.0 | 8.5% |
Russia | 4.1 | 3.6 | 7.6 | 5.3 | 8.9% |
France | 2.2 | 3.1 | 5.8 | 4.5 | 26.9% |
Uzbekistan | 1.8 | 2.9 | 2.8 | 2.9 | 17.2% |
Others | 79.6 | 85.5 | 118 | 87.1 | 3.0% |
Total | 162 | 179 | 251 | 212 | 9.4% |
Top Export Markets for Rubber; Inner Tubes, of A Kind Used On Bicycles from China in 2022:
- Germany (21.8M units)
- Brazil (20.2M units)
- United States (12.7M units)
- Netherlands (9.9M units)
- Italy (9.9M units)
- Ghana (9.4M units)
- Mexico (8.4M units)
- Nigeria (7.3M units)
- Russia (6.6M units)
- Japan (5.2M units)
- Spain (5.2M units)
- Uzbekistan (4.8M units)
- France (4.7M units)
Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in China
In 2022, imports of rubber; inner tubes, of a kind used on bicycleses into China reduced modestly to 916K units, which is down by -3.8% compared with 2021. The total import volume increased at an average annual rate of +1.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year. As a result, imports reached the peak of 952K units, and then contracted slightly in the following year.
In value terms, imports of rubber; inner tubes, of a kind used on bicycleses reached $1.6M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 57% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in China (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 160 | 277 | 477 | 589 | 54.4% |
Taiwan (Chinese) | 577 | 494 | 678 | 584 | 0.4% |
Thailand | 86.0 | 115 | 138 | 175 | 26.7% |
Indonesia | 61.7 | 45.9 | 28.1 | 60.6 | -0.6% |
Others | 36.1 | 25.1 | 184 | 162 | 64.9% |
Total | 921 | 958 | 1,505 | 1,571 | 19.5% |
Top Suppliers of Rubber; Inner Tubes, of A Kind Used On Bicycles to China in 2022:
- Vietnam (431.4K units)
- Taiwan (Chinese) (290.6K units)
- Thailand (95.4K units)
- Indonesia (52.9K units)
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