Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Portugal - 2023
Contents:
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Portugal (CIF) - 2023
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Portugal (FOB) - 2022
- Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Portugal
- Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Portugal
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Portugal (CIF) - 2023
In December 2023, the average import price for rubber; inner tubes, of a kind used on bicycleses amounted to $1.5 per unit, with a decrease of -39.3% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 55% m-o-m. The import price peaked at $2.8 per unit in October 2023; however, from November 2023 to December 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($4.0 per unit), while the price for Thailand ($867 per thousand units) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.7%), 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 Portugal (FOB) - 2022
The average export price for rubber; inner tubes, of a kind used on bicycleses stood at $1.5 per unit in 2022, surging by 15% against the previous year. Overall, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for rubber; inner tubes, of a kind used on bicycleses decreased by -26.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 96%. As a result, the export price attained the peak level of $2.1 per unit. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($3.7 per unit), while the average price for exports to Romania ($1 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 Cabo Verde (+8.9%), 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 Portugal
In 2022, imports of rubber; inner tubes, of a kind used on bicycleses into Portugal totaled 5.2M units, flattening at the previous year. The total import volume increased at an average annual rate of +10.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of rubber; inner tubes, of a kind used on bicycleses soared to $6M in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 51%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 1,307 | 1,416 | 1,733 | 2,165 | 18.3% |
| China | 714 | 797 | 1,451 | 1,446 | 26.5% |
| Germany | 243 | 288 | 510 | 683 | 41.1% |
| France | 163 | 160 | 241 | 369 | 31.3% |
| Spain | 244 | 334 | 360 | 335 | 11.1% |
| Indonesia | 9.7 | 0.6 | 12.7 | 316 | 219.4% |
| Netherlands | 86.3 | 43.2 | 154 | 213 | 35.1% |
| Sri Lanka | 474 | 193 | 77.9 | 61.9 | -49.3% |
| Others | 113 | 151 | 574 | 424 | 55.4% |
| Total | 3,352 | 3,383 | 5,113 | 6,013 | 21.5% |
Top Suppliers of Rubber; Inner Tubes, of A Kind Used On Bicycles to Portugal in 2022:
- Thailand (2818.1K units)
- China (1074.2K units)
- Germany (266.7K units)
- Indonesia (211.8K units)
- France (206.6K units)
- Spain (185.8K units)
- Netherlands (121.9K units)
- Sri Lanka (61.7K units)
Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Portugal
In 2022, after three years of growth, there was significant decline in shipments abroad of rubber; inner tubes, of a kind used on bicycleses, when their volume decreased by -49.1% to 88K units. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 199%. As a result, the exports attained the peak of 174K units, and then dropped rapidly in the following year.
In value terms, exports of rubber; inner tubes, of a kind used on bicycleses fell significantly to $137K in 2022. In general, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 178% against the previous year. The exports peaked at $234K in 2021, and then dropped notably in the following year.
| Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 35.9 | 108 | 143 | 80.0 | 30.6% |
| Romania | N/A | 1.0 | 42.5 | 25.4 | 404.0% |
| Italy | 4.9 | 3.2 | 19.5 | 15.5 | 46.8% |
| France | 0.2 | 4.3 | 0.6 | 6.8 | 224.0% |
| Mexico | N/A | N/A | N/A | 4.9 | 0% |
| Belgium | 0.5 | 0.1 | 9.8 | 0.3 | -15.7% |
| Others | 2.8 | 6.4 | 18.9 | 4.2 | 14.5% |
| Total | 44.3 | 123 | 234 | 137 | 45.7% |
Top Export Markets for Rubber; Inner Tubes, of A Kind Used On Bicycles from Portugal in 2022:
- Spain (40.4K units)
- Romania (26.1K units)
- Italy (12.9K units)
- Mexico (4.2K units)
- France (3.2K units)
- Belgium (0.2K units)
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