Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Venezuela - 2022
Contents:
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Venezuela (CIF) - 2022
- Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Venezuela
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Venezuela (CIF) - 2022
In 2022, the average import price for rubber; inner tubes, of a kind used on bicycleses amounted to $1.4 per unit, picking up by 37% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the average import price increased by 40% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($1.9 per unit), while the price for Panama ($1.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Venezuela
After three years of growth, supplies from abroad of rubber; inner tubes, of a kind used on bicycleses decreased by -60.9% to 955K units in 2022. Over the period under review, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 253% against the previous year. Imports peaked at 2.4M units in 2021, and then dropped sharply in the following year.
In value terms, imports of rubber; inner tubes, of a kind used on bicycleses contracted significantly to $1.4M in 2022. In general, imports, however, recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 259% against the previous year. Over the period under review, imports of reached the peak figure at $2.5M in 2021, and then dropped markedly in the following year.
Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Venezuela (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 256 | 1,066 | 2,319 | 1,195 | 67.1% |
Panama | 7.9 | 94.2 | 86.6 | 77.1 | 113.7% |
Indonesia | 35.3 | 42.0 | 38.8 | 34.7 | -0.6% |
Thailand | 24.1 | 39.5 | 24.8 | 10.1 | -25.2% |
Others | 34.8 | 43.9 | 68.1 | 39.8 | 4.6% |
Total | 358 | 1,286 | 2,537 | 1,357 | 55.9% |
Top Suppliers of Rubber; Inner Tubes, of A Kind Used On Bicycles to Venezuela in 2022:
- China (844.4K units)
- Panama (68.6K units)
- Indonesia (18.5K units)
- Thailand (7.1K units)
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