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

Contents:

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

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

The average import price for rubber; inner tubes, of a kind used on bicycleses stood at $1 per unit in 2022, dropping by -8.3% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for rubber; inner tubes, of a kind used on bicycleses decreased by -16.0% against 2020 indices. The pace of growth appeared the most rapid in 2020 an increase of 52%. As a result, import price attained the peak level of $1.2 per unit. From 2021 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Panama ($1.2 per unit), while the price for China stood at $1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.6%).

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

In 2022, the average export price for rubber; inner tubes, of a kind used on bicycleses amounted to $1.4 per unit, rising by 4.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The pace of growth was the most pronounced in 2021 an increase of 29%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($1.7 per unit), while the average price for exports to Ecuador ($1.3 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 Guatemala (+3.4%), 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 Colombia

In 2022, approx. 5.9M units of rubber; inner tubes, of a kind used on bicycleses were imported into Colombia; with an increase of 3.3% on the previous year's figure. In general, imports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 3.7% against the previous year. Imports peaked at 7.3M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of rubber; inner tubes, of a kind used on bicycleses contracted to $5.7M in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 14%. As a result, imports attained the peak of $6.4M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.46.15.75.40.0%
Others0.20.20.40.314.5%
Total5.66.46.05.70.6%

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

  1. China (5.6M units)

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

In 2022, shipments abroad of rubber; inner tubes, of a kind used on bicycleses decreased by -60.6% to 16K units, falling for the second year in a row after two years of growth. In general, exports faced a precipitous shrinkage. The growth pace was the most rapid in 2020 when exports increased by 57%. As a result, the exports reached the peak of 157K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of rubber; inner tubes, of a kind used on bicycleses shrank rapidly to $22K in 2022. Over the period under review, exports faced a sharp decrease. The growth pace was the most rapid in 2020 with an increase of 81%. As a result, the exports reached the peak of $159K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador83.114544.016.3-41.9%
Barbados3.311.86.34.611.7%
Guatemala0.20.30.40.426.0%
Others0.91.21.90.4-23.7%
Total87.415952.721.7-37.1%

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

  1. Ecuador (12.6K units)
  2. Barbados (2.9K units)
  3. Guatemala (0.2K units)

Source: IndexBox Market Intelligence Platform

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