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

Contents:

  1. Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Spain (CIF) - 2023
  2. Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Spain (FOB) - 2023
  3. Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Spain
  4. Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Spain

Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Spain (CIF) - 2023

The average import price for rubber; inner tubes, of a kind used on bicycleses stood at $1.7 per unit in December 2023, shrinking by -11.6% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in June 2023 when the average import price increased by 37% month-to-month. As a result, import price attained the peak level of $2.0 per unit. From July 2023 to December 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($3.5 per unit), while the price for China ($1.4 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 (+2.3%), 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 Spain (FOB) - 2023

The average export price for rubber; inner tubes, of a kind used on bicycleses stood at $1.9 per unit in December 2023, shrinking by -5.3% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 14% month-to-month. The export price peaked at $2.0 per unit in November 2023, and then reduced in the following month.

There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was Israel ($2.8 per unit), while the average price for exports to Italy ($1.8 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 the UK (+4.2%), 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 Spain

In 2022, purchases abroad of rubber; inner tubes, of a kind used on bicycleses decreased by -25.8% to 9.2M units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 18%. As a result, imports attained the peak of 12M units, and then contracted dramatically in the following year.

In value terms, imports of rubber; inner tubes, of a kind used on bicycleses fell to $14M in 2022. The total import value increased at an average annual rate of +7.2% 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 2021 with an increase of 26% against the previous year. As a result, imports attained the peak of $17M, and then declined in the following year.

Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.38.69.96.8-6.4%
Thailand0.70.70.82.450.8%
France0.21.51.91.595.7%
Germany0.50.61.21.130.1%
Vietnam0.10.10.30.9108.0%
Czech Republic0.30.40.60.732.6%
Italy0.20.50.50.314.5%
Taiwan (Chinese)0.40.30.80.1-37.0%
Others0.90.50.60.6-12.6%
Total11.713.216.714.47.2%

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

  1. China (4.8M units)
  2. Thailand (1.8M units)
  3. France (0.8M units)
  4. Vietnam (0.6M units)
  5. Czech Republic (0.4M units)
  6. Germany (0.3M units)
  7. Italy (0.1M units)

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

After three years of growth, shipments abroad of rubber; inner tubes, of a kind used on bicycleses decreased by -22.6% to 4.1M units in 2022. In general, exports recorded a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 1.3%. The exports peaked at 5.3M units in 2021, and then shrank sharply in the following year.

In value terms, exports of rubber; inner tubes, of a kind used on bicycleses dropped remarkably to $6.5M in 2022. Over the period under review, exports recorded a perceptible decline. The growth pace was the most rapid in 2020 when exports increased by 6.1% against the previous year. Over the period under review, the exports of reached the maximum at $8.1M in 2021, and then contracted significantly in the following year.

Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3,8863,8524,3363,382-4.5%
Italy1,1291,2461,1731,067-1.9%
Portugal25542248141117.2%
Poland504488488311-14.9%
Germany361519444304-5.6%
United Kingdom306427294243-7.4%
Belgium534430424243-23.1%
Hungary11010115592.5-5.6%
Others14118727441243.0%
Total7,2277,6718,0686,465-3.6%

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

  1. France (2136.9K units)
  2. Italy (748.3K units)
  3. Poland (212.4K units)
  4. Portugal (206.8K units)
  5. Belgium (180.9K units)
  6. Germany (172.3K units)
  7. United Kingdom (129.7K units)
  8. Hungary (66.2K units)

Source: IndexBox Market Intelligence Platform

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