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

Contents:

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

Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in the Czech Republic (FOB) - 2023

In December 2023, the average export price for rubber; inner tubes, of a kind used on bicycleses amounted to $1.9 per unit, picking up by 32% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +2.0%. Over the period under review, the average export prices hit record highs at $2.0 per unit in September 2023; however, from October 2023 to December 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Hungary ($4.1 per unit), while the average price for exports to Turkey ($876 per thousand units) 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 Finland (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for rubber; inner tubes, of a kind used on bicycleses stood at $3.9 per unit in December 2023, surging by 30% against the previous month. In general, import price indicated a strong expansion from December 2022 to December 2023: its price increased at an average monthly rate of +6.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for rubber; inner tubes, of a kind used on bicycleses increased by +75.1% against September 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Slovakia ($19.2 per unit), while the price for Sri Lanka ($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 Slovakia (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in the Czech Republic

In 2022, exports of rubber; inner tubes, of a kind used on bicycleses from the Czech Republic dropped remarkably to 6.2M units, reducing by -28.1% against the previous year. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 38%. As a result, the exports attained the peak of 8.7M units, and then contracted significantly in the following year.

In value terms, exports of rubber; inner tubes, of a kind used on bicycleses plummeted to $9.2M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value 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, exports increased by +23.9% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 47% against the previous year. As a result, the exports reached the peak of $11M, and then shrank rapidly in the following year.

Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1,2071,0371,5691,062-4.2%
Turkey1,3761,0881,8831,008-9.9%
Germany59360994797017.8%
Netherlands53144668183916.5%
Spain33348466281334.7%
Hungary37037635758216.3%
Bulgaria29813351353521.5%
Belgium31734151349916.3%
Slovakia29035846548919.0%
France2603433603166.7%
Serbia2643513132690.6%
Denmark1992021782294.8%
Finland86.594.488.020834.0%
Others1,2971,9372,9411,3752.0%
Total7,4217,80111,4709,1947.4%

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

  1. Turkey (997.4K units)
  2. Poland (787.2K units)
  3. Netherlands (536.3K units)
  4. Spain (465.7K units)
  5. Germany (461.5K units)
  6. Bulgaria (438.7K units)
  7. Hungary (379.3K units)
  8. Belgium (271.6K units)
  9. Slovakia (265.0K units)
  10. Serbia (249.4K units)
  11. France (156.6K units)
  12. Finland (147.3K units)
  13. Denmark (133.9K units)

Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in the Czech Republic

In 2022, approx. 3.3M units of rubber; inner tubes, of a kind used on bicycleses were imported into the Czech Republic; with an increase of 19% against the year before. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +9.9% 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 +74.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 47% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of rubber; inner tubes, of a kind used on bicycleses contracted slightly to $6.1M in 2022. Over the period under review, imports recorded a prominent increase. The growth pace was the most rapid in 2021 with an increase of 91%. As a result, imports attained the peak of $6.1M, leveling off in the following year.

Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany71.11,8083,0102,761238.6%
China1,5125941,1521,374-3.1%
Poland13.5242237286176.7%
Slovakia20.647.2533274136.9%
Netherlands83.214226924743.7%
Italy12410834921219.6%
Taiwan (Chinese)13456.638.618912.1%
Thailand13169.61151555.8%
Sri Lanka80.322.56.712515.9%
Vietnam949N/A20.4122-49.5%
India10432.72191194.6%
Others33879.1150230-12.0%
Total3,5613,2016,1006,09519.6%

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

  1. Germany (1466.6K units)
  2. China (831.6K units)
  3. Netherlands (149.5K units)
  4. Thailand (130.5K units)
  5. Taiwan (Chinese) (107.4K units)
  6. India (102.5K units)
  7. Poland (84.0K units)
  8. Slovakia (80.1K units)
  9. Sri Lanka (79.0K units)
  10. Italy (70.5K units)
  11. Vietnam (57.1K units)

Source: IndexBox Market Intelligence Platform

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