Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Vietnam - 2022

Contents:

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

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

The average export price for rubber; inner tubes, of a kind used on bicycleses stood at $1.4 per unit in 2022, jumping by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Bulgaria ($1.4 per unit) and Japan ($1.4 per unit), while the average price for exports to South Korea ($1.4 per unit) and Italy ($1.4 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.9%), 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 Vietnam (CIF) - 2022

In 2022, the average import price for rubber; inner tubes, of a kind used on bicycleses amounted to $1.4 per unit, growing by 19% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Indonesia ($1.4 per unit) and Thailand ($1.4 per unit), while the price for China ($1.4 per unit) and Taiwan (Chinese) ($1.4 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+1.5%), 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 Vietnam

Exports of rubber; inner tubes, of a kind used on bicycleses from Vietnam skyrocketed to 43M units in 2022, picking up by 27% compared with 2021 figures. The total export volume increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of rubber; inner tubes, of a kind used on bicycleses skyrocketed to $61M in 2022. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8.47.913.222.939.7%
Netherlands12.410.912.918.614.5%
Cambodia3.12.92.94.513.2%
Japan3.42.42.22.3-12.2%
United Kingdom1.72.32.61.81.9%
South Korea0.81.50.81.214.5%
Bulgaria0.60.60.61.018.6%
Others4.05.26.68.930.5%
Total34.333.741.761.221.3%

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

  1. Germany (16.1M units)
  2. Netherlands (13.1M units)
  3. Cambodia (3.2M units)
  4. Japan (1.6M units)
  5. United Kingdom (1.3M units)
  6. South Korea (0.8M units)
  7. Bulgaria (0.7M units)

Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Vietnam

In 2022, the amount of rubber; inner tubes, of a kind used on bicycleses imported into Vietnam skyrocketed to 1M units, jumping by 27% on the year before. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.2% 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 +77.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 31%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of rubber; inner tubes, of a kind used on bicycleses skyrocketed to $1.4M in 2022. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia99.417423959781.8%
China4005124984514.1%
Taiwan (Chinese)12.076.995.3262179.5%
Thailand11310291.592.4-6.5%
OthersN/A0.90.91.529.1%
Total6258659241,40431.0%

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

  1. Indonesia (430.4K units)
  2. China (325.3K units)
  3. Taiwan (Chinese) (188.6K units)
  4. Thailand (66.6K units)

Source: IndexBox Market Intelligence Platform

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