Price for Used Pneumatic Tyres of Rubber in Hungary - 2023

Contents:

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

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

In 2022, the average export price for used pneumatic tyres of rubbers amounted to $29 per unit, surging by 8.9% against the previous year. Over the period under review, the export price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2016 an increase of 84% against the previous year. Over the period under review, the average export prices reached the peak figure at $76 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($54 per unit), while the average price for exports to Congo ($2 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 Libya (+62.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for used pneumatic tyres of rubbers stood at $23 per unit in 2022, declining by -50.2% against the previous year. Overall, the import price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2018 an increase of 47% against the previous year. The import price peaked at $58 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($81 per unit), while the price for Slovenia ($3.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Used Pneumatic Tyres of Rubber in Hungary

In 2022, shipments abroad of used pneumatic tyres of rubbers decreased by -30.4% to 61K units, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 17%. As a result, the exports attained the peak of 95K units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, used pneumatic tyres of rubber exports plummeted to $1.8M in 2022. Overall, exports recorded a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by 3.3% against the previous year. The exports peaked at $2.4M in 2021, and then contracted notably in the following year.

Export of Used Pneumatic Tyres of Rubber in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,1552,2542,2581,663-8.3%
Turkey0.6N/AN/A30.5270.4%
Congo28.559.127.927.8-0.8%
LibyaN/AN/A19.713.4-32.0%
GuineaN/AN/A0.15.55400.0%
Mali10.5N/A38.05.5-19.4%
Senegal16.613.60.3N/A-86.6%
Others51.010.230.555.73.0%
Total2,2632,3372,3751,801-7.3%

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

  1. Germany (31.0K units)
  2. Congo (14.2K units)
  3. Turkey (6.8K units)
  4. Guinea (2.8K units)
  5. Mali (2.8K units)
  6. Libya (2.0K units)

Imports of Used Pneumatic Tyres of Rubber in Hungary

In 2022, used pneumatic tyres of rubber imports into Hungary soared to 13K units, with an increase of 20% against 2021 figures. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 149%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, used pneumatic tyres of rubber imports dropped rapidly to $310K in 2022. Overall, imports showed measured growth. The pace of growth was the most pronounced in 2021 with an increase of 111% against the previous year. As a result, imports reached the peak of $520K, and then dropped rapidly in the following year.

Import of Used Pneumatic Tyres of Rubber in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany13246.6374131-0.3%
Romania10496.414167.9-13.2%
PolandN/AN/A0.934.83766.7%
BulgariaN/AN/AN/A24.60%
ItalyN/A14.7N/A21.320.4%
Netherlands19.20.21.36.7-29.6%
SloveniaN/AN/AN/A1.80%
CroatiaN/A63.80.4N/A-99.4%
Switzerland8.30.3N/AN/A-96.4%
Others10.124.22.722.530.6%
Total2742465203104.2%

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

  1. Germany (5.4K units)
  2. Poland (2.6K units)
  3. Bulgaria (2.5K units)
  4. Romania (1.6K units)
  5. Italy (0.5K units)
  6. Slovenia (0.5K units)
  7. Netherlands (0.1K units)

Source: IndexBox Market Intelligence Platform

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