Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in the UK - 2024

Contents:

  1. Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in the UK (CIF) - 2024
  2. Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in the UK (FOB) - 2022
  3. Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in the UK
  4. Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in the UK

Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in the UK (CIF) - 2024

In December 2023, the average import price for rubber; inner tubes, of a kind used on bicycleses amounted to $1.7 per unit, growing by 8.4% against the previous month. Over the period under review, the import price, however, saw a noticeable downturn. The growth pace was the most rapid in August 2023 when the average import price increased by 37% against the previous month. The import price peaked at $2.6 per unit in January 2023; however, from February 2023 to December 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Austria ($7.3 per unit), while the price for Taiwan (Chinese) ($1.3 per unit) was amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+6.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for rubber; inner tubes, of a kind used on bicycleses amounted to $5 per unit, surging by 38% against the previous year. Overall, the export price enjoyed resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($18 per unit), while the average price for exports to France ($2.1 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 Germany (+18.1%), 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 the UK

In 2022, overseas purchases of rubber; inner tubes, of a kind used on bicycleses decreased by -37.4% to 5.5M units, falling for the second consecutive year after two years of growth. Overall, imports saw a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 19% against the previous year. As a result, imports attained the peak of 9.3M units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of rubber; inner tubes, of a kind used on bicycleses declined significantly to $8.3M in 2022. Over the period under review, imports continue to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 22% against the previous year. Over the period under review, imports of attained the peak figure at $12M in 2021, and then reduced markedly in the following year.

Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.52.22.54.218.9%
Vietnam1.72.43.12.17.3%
Thailand1.52.31.50.7-22.4%
Taiwan (Chinese)0.40.30.20.57.7%
Indonesia0.10.30.30.344.2%
Germany1.71.52.5N/A21.3%
Netherlands0.60.60.4N/A-18.4%
Others1.22.11.80.4-30.7%
Total9.611.712.38.3-4.7%

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

  1. China (2603.4K units)
  2. Vietnam (1853.9K units)
  3. Thailand (507.9K units)
  4. Indonesia (210.3K units)
  5. Taiwan (Chinese) (155.1K units)
  6. Germany (15.6K units)
  7. Netherlands (2.3K units)

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

In 2022, exports of rubber; inner tubes, of a kind used on bicycleses from the UK surged to 283K units, rising by 30% against 2021. Over the period under review, exports, however, faced a precipitous contraction. The pace of growth appeared the most rapid in 2020 with an increase of 30%. As a result, the exports reached the peak of 869K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of rubber; inner tubes, of a kind used on bicycleses surged to $1.4M in 2022. Overall, exports, however, recorded a deep downturn. The exports peaked at $2.5M in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany21538588.672750.1%
Ireland548763252216-26.7%
France14120224.21675.8%
Netherlands37.749.073.636.5-1.1%
Poland46.5140N/A1.3-69.6%
Italy11524016.21.2-78.1%
Spain12723655.2N/A-34.1%
Sweden10796.4N/AN/A-9.9%
Others394386280261-12.8%
Total1,7312,4967891,411-6.6%

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

  1. Germany (82.7K units)
  2. France (81.5K units)
  3. Ireland (74.7K units)
  4. Netherlands (15.2K units)
  5. Poland (0.3K units)
  6. Italy (0.1K units)

Source: IndexBox Market Intelligence Platform

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