Price for Used Pneumatic Tyres of Rubber in Iran - 2021

Contents:

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

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

The average export price for used pneumatic tyres of rubbers stood at $3.8 per unit in 2022, declining by -26.3% against the previous year. Over the period under review, the export price faced a abrupt slump. The growth pace was the most rapid in 2017 an increase of 162%. The export price peaked at $50 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Tajikistan.

From 2012 to 2022, the rate of growth in terms of prices for Tajikistan amounted to -5.9% per year.

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

The average import price for used pneumatic tyres of rubbers stood at $36 per unit in 2022, waning by -51.6% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 61% against the previous year. As a result, import price attained the peak level of $87 per unit. From 2020 to 2022, the average import prices remained 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 China ($76 per unit), while the price for Taiwan (Chinese) ($27 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-3.3%), while the prices for the other major suppliers experienced a decline.

Exports of Used Pneumatic Tyres of Rubber in Iran

For the fourth year in a row, Iran recorded growth in overseas shipments of used pneumatic tyres of rubbers, which increased by 119% to 271K units in 2022. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2021 when exports increased by 160% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, used pneumatic tyres of rubber exports soared to $1M in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 158%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Used Pneumatic Tyres of Rubber in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tajikistan103224519956110.2%
Others72.123.812073.40.6%
Total1752486391,03080.6%

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

  1. Tajikistan (268.4K units)

Imports of Used Pneumatic Tyres of Rubber in Iran

Used pneumatic tyres of rubber imports into Iran skyrocketed to 11K units in 2022, increasing by 85% on 2021 figures. Over the period under review, imports, however, continue to indicate a significant decrease. Imports peaked at 240K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, used pneumatic tyres of rubber imports declined to $401K in 2022. Overall, imports, however, continue to indicate a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of 19%. Imports peaked at $21M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Used Pneumatic Tyres of Rubber in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.50.20.30.2-73.3%
United Arab Emirates2.7N/AN/A0.1-66.7%
South Korea7.0N/AN/A0.1-75.7%
JapanN/AN/A0.1N/A0%
Taiwan (Chinese)0.1N/AN/AN/A0%
Others0.50.10.1N/A-55.3%
Total20.80.40.40.4-73.2%

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

  1. United Arab Emirates (3.7K units)
  2. South Korea (2.7K units)
  3. China (2.1K units)
  4. Japan (1.7K units)
  5. Taiwan (Chinese) (0.3K units)

Source: IndexBox Market Intelligence Platform

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