Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Germany - 2023
Contents:
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Germany (CIF) - 2023
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Germany (FOB) - 2023
- Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Germany
- Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Germany
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Germany (CIF) - 2023
The average import price for rubber; inner tubes, of a kind used on bicycleses stood at $1.3 per unit in December 2023, waning by -11.7% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 16% m-o-m. Over the period under review, average import prices attained the maximum at $1.7 per unit in July 2023; however, from August 2023 to December 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Thailand ($2.7 per unit), while the price for Vietnam ($1.1 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Thailand (+12.2%), 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 Germany (FOB) - 2023
The average export price for rubber; inner tubes, of a kind used on bicycleses stood at $2.7 per unit in December 2023, rising by 12% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 29% month-to-month. The export price peaked at $2.9 per unit in August 2023; however, from September 2023 to December 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($4.0 per unit), while the average price for exports to Turkey ($2.2 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+6.7%), 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 Germany
In 2022, the amount of rubber; inner tubes, of a kind used on bicycleses imported into Germany soared to 49M units, with an increase of 39% against 2021 figures. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of rubber; inner tubes, of a kind used on bicycleses surged to $65M in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 13.7 | 14.0 | 16.7 | 28.7 | 28.0% |
Vietnam | 7.6 | 9.0 | 16.6 | 23.8 | 46.3% |
Taiwan (Chinese) | 1.2 | 1.9 | 3.5 | 3.4 | 41.5% |
Indonesia | 0.7 | N/A | 0.6 | 2.3 | 48.7% |
Netherlands | 0.6 | 1.1 | 0.9 | 1.0 | 18.6% |
Thailand | 0.5 | 0.4 | 0.7 | 0.8 | 17.0% |
Others | 1.9 | 3.6 | 5.0 | 4.7 | 35.2% |
Total | 26.2 | 30.1 | 44.1 | 64.8 | 35.2% |
Top Suppliers of Rubber; Inner Tubes, of A Kind Used On Bicycles to Germany in 2022:
- China (23.2M units)
- Vietnam (18.9M units)
- Indonesia (2.0M units)
- Taiwan (Chinese) (1.5M units)
- Netherlands (0.5M units)
- Thailand (0.5M units)
Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Germany
For the fourth year in a row, Germany recorded growth in overseas shipments of rubber; inner tubes, of a kind used on bicycleses, which increased by 10% to 18M units in 2022. The total export volume increased at an average annual rate of +13.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 18% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of rubber; inner tubes, of a kind used on bicycleses stood at $36M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.8% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 27% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 2.2 | 2.1 | 3.9 | 4.7 | 28.8% |
Austria | 3.0 | 2.9 | 3.7 | 4.4 | 13.6% |
Switzerland | 1.8 | 2.4 | 2.6 | 2.6 | 13.0% |
France | 1.5 | 2.1 | 3.0 | 2.5 | 18.6% |
Czech Republic | 1.7 | 1.5 | 2.1 | 2.2 | 9.0% |
Netherlands | 1.8 | 2.4 | 2.2 | 2.0 | 3.6% |
Italy | 0.7 | 1.3 | 2.0 | 2.0 | 41.9% |
Denmark | 0.8 | 1.2 | 1.4 | 1.8 | 31.0% |
United Kingdom | 1.2 | 2.4 | 1.8 | 1.7 | 12.3% |
Hungary | 0.7 | 0.9 | 1.5 | 1.5 | 28.9% |
Bulgaria | 0.9 | 0.9 | 1.4 | 1.5 | 18.6% |
United States | 0.5 | 1.3 | 2.0 | 1.4 | 40.9% |
Portugal | 0.3 | 0.4 | 0.4 | 0.8 | 38.7% |
Others | 5.3 | 6.1 | 6.6 | 7.1 | 10.2% |
Total | 22.3 | 28.2 | 34.6 | 36.2 | 17.5% |
Top Export Markets for Rubber; Inner Tubes, of A Kind Used On Bicycles from Germany in 2022:
- Poland (3.1M units)
- Austria (1.8M units)
- Czech Republic (1.3M units)
- France (1.2M units)
- Hungary (1.1M units)
- Bulgaria (1.0M units)
- Netherlands (0.9M units)
- Switzerland (0.9M units)
- Denmark (0.8M units)
- Italy (0.7M units)
- United Kingdom (0.6M units)
- United States (0.5M units)
- Portugal (0.5M units)
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