Price for Used Pneumatic Tyres of Rubber in Bahrain - 2022

Contents:

1. Price for Used Pneumatic Tyres of Rubber in Bahrain (FOB) - 2022
2. Price for Used Pneumatic Tyres of Rubber in Bahrain (CIF) - 2022
3. Exports of Used Pneumatic Tyres of Rubber in Bahrain
4. Imports of Used Pneumatic Tyres of Rubber in Bahrain

Price for Used Pneumatic Tyres of Rubber in Bahrain (FOB) - 2022

The average export price for used pneumatic tyres of rubbers stood at $147 per unit in 2022, picking up by 14% against the previous year. Overall, the export price recorded a significant expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 100% against the previous year. The export price peaked at $265 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($153 per unit), while the average price for exports to Qatar amounted to $133 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+37.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Used Pneumatic Tyres of Rubber in Bahrain (CIF) - 2022

In 2022, the average import price for used pneumatic tyres of rubbers amounted to $17 per unit, falling by -6.5% against the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, used pneumatic tyres of rubber import price decreased by -39.5% against 2018 indices. The growth pace was the most rapid in 2017 when the average import price increased by 64%. Over the period under review, average import prices attained the maximum at $28 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($30 per unit), while the price for France ($0.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+4.9%), while the prices for the other major suppliers experienced a decline.

Exports of Used Pneumatic Tyres of Rubber in Bahrain

In 2022, the amount of used pneumatic tyres of rubbers exported from Bahrain fell remarkably to 37 units, declining by -78.5% on 2021. In general, exports saw a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 341% against the previous year. As a result, the exports attained the peak of 172 units, and then dropped remarkably in the following year.

In value terms, used pneumatic tyres of rubber exports contracted remarkably to $5.4K in 2022. Over the period under review, exports saw a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 136%. As a result, the exports reached the peak of $22K, and then dropped dramatically in the following year.

Top Export Markets for Used Pneumatic Tyres of Rubber from Bahrain in 2022:

1. United Arab Emirates (27.0 units)
2. Qatar (4.0 units)

Imports of Used Pneumatic Tyres of Rubber in Bahrain

In 2022, overseas purchases of used pneumatic tyres of rubbers decreased by -79.6% to 139 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 321% against the previous year. Over the period under review, imports attained the peak figure at 683 units in 2021, and then fell remarkably in the following year.

In value terms, used pneumatic tyres of rubber imports declined notably to $2.4K in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 406%. Over the period under review, imports reached the maximum at $12K in 2021, and then fell markedly in the following year.

Top Suppliers of Used Pneumatic Tyres of Rubber to Bahrain in 2022:

1. United States (54.0 units)
2. France (31.0 units)
3. Switzerland (19.0 units)
4. Austria (17.0 units)
5. Germany (9.0 units)
6. Italy (7.0 units)

Source: IndexBox Market Intelligence Platform