Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Lithuania - 2023
Contents:
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Lithuania (CIF) - 2023
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Lithuania (FOB) - 2022
- Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Lithuania
- Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Lithuania
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Lithuania (CIF) - 2023
In December 2023, the average import price for rubber; inner tubes, of a kind used on bicycleses amounted to $1.6 per unit, approximately equating the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in May 2023 when the average import price increased by 25% against the previous month. Over the period under review, average import prices hit record highs at $2.0 per unit in August 2023; however, from September 2023 to December 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the Czech Republic ($4.5 per unit), while the price for China ($1.3 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 the Czech Republic (+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 Lithuania (FOB) - 2022
In 2022, the average export price for rubber; inner tubes, of a kind used on bicycleses amounted to $4.5 per unit, with an increase of 124% against the previous year. In general, the export price posted a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($14 per unit), while the average price for exports to the Netherlands ($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 Belarus (+10.8%), 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 Lithuania
In 2022, imports of rubber; inner tubes, of a kind used on bicycleses into Lithuania surged to 1.3M units, growing by 16% on the previous year. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +7.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +97.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 70%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of rubber; inner tubes, of a kind used on bicycleses skyrocketed to $1.8M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.0% 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 +107.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 80% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 429 | 430 | 579 | 515 | 6.3% |
| China | 357 | 163 | 446 | 484 | 10.7% |
| Vietnam | 29.9 | 89.9 | 236 | 257 | 104.8% |
| Netherlands | 324 | 34.4 | 109 | 232 | -10.5% |
| Czech Republic | 93.3 | 67.7 | 90.8 | 131 | 12.0% |
| Sri Lanka | N/A | N/A | 6.0 | 103 | 1616.7% |
| Others | 60.4 | 67.2 | 66.6 | 48.7 | -6.9% |
| Total | 1,294 | 852 | 1,534 | 1,770 | 11.0% |
Top Suppliers of Rubber; Inner Tubes, of A Kind Used On Bicycles to Lithuania in 2022:
- Germany (403.0K units)
- China (358.3K units)
- Vietnam (199.7K units)
- Netherlands (149.5K units)
- Czech Republic (105.9K units)
- Sri Lanka (74.3K units)
Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Lithuania
In 2022, overseas shipments of rubber; inner tubes, of a kind used on bicycleses decreased by -5% to 96K units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 22%. The exports peaked at 102K units in 2021, and then fell in the following year.
In value terms, exports of rubber; inner tubes, of a kind used on bicycleses surged to $437K in 2022. Overall, exports, however, recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 17.5 | 315 | 1700.0% |
| Latvia | 61.6 | 81.0 | 87.7 | 56.5 | -2.8% |
| Estonia | 16.7 | 29.7 | 36.2 | 22.7 | 10.8% |
| Netherlands | 0.2 | 0.3 | 11.4 | 12.9 | 301.0% |
| Kazakhstan | 1.6 | N/A | 2.0 | 12.9 | 100.5% |
| Kyrgyzstan | N/A | N/A | N/A | 4.9 | 0% |
| Russia | 49.9 | 31.0 | 48.5 | 4.5 | -55.2% |
| Poland | 0.5 | 0.5 | 0.4 | 3.2 | 85.7% |
| Others | 0.9 | 3.5 | 1.6 | 5.0 | 77.1% |
| Total | 131 | 146 | 205 | 437 | 49.4% |
Top Export Markets for Rubber; Inner Tubes, of A Kind Used On Bicycles from Lithuania in 2022:
- Latvia (32.1K units)
- United States (23.3K units)
- Estonia (13.3K units)
- Netherlands (10.2K units)
- Kazakhstan (8.7K units)
- Kyrgyzstan (2.4K units)
- Russia (2.4K units)
- Poland (1.6K units)
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