Price for Used Pneumatic Tyres of Rubber in Iraq - 2022

Contents:

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

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

The average import price for used pneumatic tyres of rubbers stood at $41 per unit in 2022, falling by -12.5% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 52% against the previous year. As a result, import price attained the peak level of $64 per unit. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($59 per unit), while the price for Switzerland ($3.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for used pneumatic tyres of rubbers amounted to $193 per unit, therefore, remained relatively stable against the previous year. Overall, the export price, however, recorded prominent growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 68%. The export price peaked at $194 per unit in 2021, and then fell modestly in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($193 per unit), while the average price for exports to Angola totaled $178 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+43.0%).

Imports of Used Pneumatic Tyres of Rubber in Iraq

In 2022, approx. 181K units of used pneumatic tyres of rubbers were imported into Iraq; rising by 100% on the previous year's figure. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, used pneumatic tyres of rubber imports surged to $7.5M in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. United Arab Emirates (98.1K units)
2. Germany (6.9K units)
3. Belgium (4.6K units)
4. China (3.8K units)
5. Netherlands (3.7K units)
6. Taiwan (Chinese) (3.4K units)
7. Switzerland (2.2K units)

Exports of Used Pneumatic Tyres of Rubber in Iraq

After two years of decline, shipments abroad of used pneumatic tyres of rubbers increased by 1.2% to 1.3K units in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at 1.3K units in 2019; afterwards, it flattened through to 2022.

In value terms, used pneumatic tyres of rubber exports reached $242K in 2022. The total export value increased at an average annual rate of +9.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 16%. The exports peaked in 2022 and are expected to retain growth in years to come.

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

1. Netherlands (1234.0 units)
2. Angola (19.0 units)

Source: IndexBox Market Intelligence Platform