Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Guatemala - 2023

Contents:

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

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

The average import price for rubber; inner tubes, of a kind used on bicycleses stood at $1.4 per unit in 2022, rising by 12% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1.4 per unit), while the price for Thailand totaled $1.4 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for rubber; inner tubes, of a kind used on bicycleses amounted to $1.6 per unit, growing by 5.2% against the previous year. In general, the export price showed perceptible growth. The growth pace was the most rapid in 2020 an increase of 47% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($1.6 per unit), while the average price for exports to El Salvador ($1.6 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 El Salvador (+3.7%), 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 Guatemala

After three years of growth, supplies from abroad of rubber; inner tubes, of a kind used on bicycleses decreased by -54% to 695K units in 2022. In general, imports recorded a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year. As a result, imports attained the peak of 1.5M units, and then fell markedly in the following year.

In value terms, imports of rubber; inner tubes, of a kind used on bicycleses shrank markedly to $944K in 2022. Overall, imports saw a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 26%. As a result, imports reached the peak of $1.8M, and then fell sharply in the following year.

Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,0411,1871,593782-9.1%
Thailand201253215153-8.7%
Others18.614.318.99.1-21.2%
Total1,2611,4541,827944-9.2%

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

  1. China (575.5K units)
  2. Thailand (112.7K units)

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

In 2022, the amount of rubber; inner tubes, of a kind used on bicycleses exported from Guatemala surged to 18K units, rising by 423% against the year before. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 3,345%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of rubber; inner tubes, of a kind used on bicycleses surged to $28K in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 4,966% 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 the near future.

Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
HondurasN/AN/AN/A20.30%
El SalvadorN/AN/A3.57.1102.9%
NicaraguaN/A2.21.30.9-36.0%
OthersN/AN/A0.4N/A0%
TotalN/A2.25.228.4259.3%

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

  1. Honduras (12.8K units)
  2. El Salvador (4.5K units)
  3. Nicaragua (0.6K units)

Source: IndexBox Market Intelligence Platform

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