Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Turkey - 2024
Contents:
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Turkey (CIF) - 2024
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Turkey (FOB) - 2022
- Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Turkey
- Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Turkey
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Turkey (CIF) - 2024
The average import price for rubber; inner tubes, of a kind used on bicycleses stood at $974 per thousand units in January 2024, jumping by 17% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 25% month-to-month. As a result, import price reached the peak level of $1.2 per unit. From March 2023 to January 2024, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was China ($2.2 per unit), while the price for the Philippines ($550 per thousand units) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+9.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Turkey (FOB) - 2022
In 2022, the average export price for rubber; inner tubes, of a kind used on bicycleses amounted to $1.4 per unit, rising by 46% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 47% against the previous year. The export price peaked at $1.5 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($4.8 per unit), while the average price for exports to Syrian Arab Republic ($0.7 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 Qatar (+25.3%), 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 Turkey
In 2022, after three years of growth, there was significant decline in supplies from abroad of rubber; inner tubes, of a kind used on bicycleses, when their volume decreased by -34.8% to 6M units. In general, imports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 83% against the previous year. As a result, imports attained the peak of 9.2M units, and then reduced markedly in the following year.
In value terms, imports of rubber; inner tubes, of a kind used on bicycleses declined notably to $5.5M in 2022. Over the period under review, imports, however, saw prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by 100% against the previous year. As a result, imports reached the peak of $7.7M, and then fell dramatically in the following year.
| Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 242 | 385 | 1,172 | 1,356 | 77.6% |
| Bangladesh | 177 | 567 | 1,433 | 1,269 | 92.8% |
| Czech Republic | 1,495 | 1,194 | 2,046 | 1,174 | -7.7% |
| Pakistan | 455 | 642 | 1,525 | 1,104 | 34.4% |
| Serbia | 305 | 563 | 713 | 239 | -7.8% |
| Vietnam | 89.0 | 82.4 | 194 | 206 | 32.3% |
| Philippines | 134 | 106 | 167 | 38.0 | -34.3% |
| Lao People's Democratic Republic | 381 | 257 | 389 | N/A | 1.0% |
| Others | 104 | 44.1 | 62.2 | 74.6 | -10.5% |
| Total | 3,382 | 3,842 | 7,700 | 5,461 | 17.3% |
Top Suppliers of Rubber; Inner Tubes, of A Kind Used On Bicycles to Turkey in 2022:
- Pakistan (1686.1K units)
- Bangladesh (1476.4K units)
- China (1193.7K units)
- Czech Republic (1114.8K units)
- Serbia (275.0K units)
- Vietnam (121.3K units)
- Philippines (59.0K units)
Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Turkey
For the fourth year in a row, Turkey recorded growth in overseas shipments of rubber; inner tubes, of a kind used on bicycleses, which increased by 5.8% to 77K units in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 213%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, exports of rubber; inner tubes, of a kind used on bicycleses skyrocketed to $107K in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 268%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.
| Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 4.9 | N/A | N/A | 39.4 | 100.3% |
| Syrian Arab Republic | N/A | 3.6 | 4.3 | 21.1 | 142.1% |
| Qatar | N/A | N/A | 0.7 | 17.3 | 2371.4% |
| Netherlands | N/A | 5.5 | 0.4 | 11.7 | 45.9% |
| Cyprus | 7.8 | 31.8 | 21.5 | 9.0 | 4.9% |
| Bosnia and Herzegovina | N/A | N/A | 36.4 | 0.1 | -99.7% |
| United Kingdom | 0.2 | 23.0 | N/A | N/A | 11400.0% |
| Others | 6.6 | 7.7 | 6.1 | 8.7 | 9.6% |
| Total | 19.5 | 71.7 | 69.4 | 107 | 76.4% |
Top Export Markets for Rubber; Inner Tubes, of A Kind Used On Bicycles from Turkey in 2022:
- Syrian Arab Republic (30.6K units)
- Romania (22.9K units)
- Netherlands (7.5K units)
- Cyprus (6.8K units)
- Qatar (3.6K units)
- Bosnia and Herzegovina (0.1K units)
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