Price for Used Pneumatic Tyres of Rubber in Kenya - 2021
Contents:
- Price for Used Pneumatic Tyres of Rubber in Kenya (CIF) - 2022
- Price for Used Pneumatic Tyres of Rubber in Kenya (FOB) - 2022
- Imports of Used Pneumatic Tyres of Rubber in Kenya
- Exports of Used Pneumatic Tyres of Rubber in Kenya
Price for Used Pneumatic Tyres of Rubber in Kenya (CIF) - 2022
In 2022, the average import price for used pneumatic tyres of rubbers amounted to $38 per unit, with an increase of 240% against the previous year. Over the period under review, the import price showed buoyant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($110 per unit), while the price for the United Arab Emirates ($22 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Used Pneumatic Tyres of Rubber in Kenya (FOB) - 2022
In 2022, the average export price for used pneumatic tyres of rubbers amounted to $81 per unit, with an increase of 131% against the previous year. In general, the export price posted a prominent expansion. The growth pace was the most rapid in 2018 an increase of 167%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Sudan ($84 per unit), while the average price for exports to Somalia ($70 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 Rwanda (+25.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Used Pneumatic Tyres of Rubber in Kenya
In 2022, imports of used pneumatic tyres of rubbers into Kenya fell notably to 400 units, with a decrease of -82.2% on 2021 figures. Overall, imports continue to indicate a dramatic downturn. The pace of growth was the most pronounced in 2021 with an increase of 749% against the previous year. As a result, imports reached the peak of 2.2K units, and then fell remarkably in the following year.
In value terms, used pneumatic tyres of rubber imports contracted sharply to $15K in 2022. In general, imports continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2021 with an increase of 889% against the previous year. As a result, imports reached the peak of $25K, and then shrank rapidly in the following year.
Import of Used Pneumatic Tyres of Rubber in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 12.4 | 1.9 | 18.3 | 5.9 | -21.9% |
China | 0.5 | N/A | 0.1 | 5.8 | 126.4% |
United Kingdom | 0.1 | N/A | N/A | 2.0 | 171.4% |
United States | 0.1 | N/A | 1.5 | 0.9 | 108.0% |
Germany | N/A | N/A | N/A | 0.2 | 0% |
Belgium | 0.3 | 0.1 | 0.3 | N/A | 0.0% |
Switzerland | 0.3 | 0.1 | 0.9 | N/A | 73.2% |
Singapore | 1.8 | 0.3 | 1.8 | N/A | 0.0% |
Others | 0.9 | 0.1 | 1.8 | 0.2 | -39.4% |
Total | 16.4 | 2.5 | 24.9 | 15.1 | -2.7% |
Top Suppliers of Used Pneumatic Tyres of Rubber to Kenya in 2022:
- United Arab Emirates (271.0 units)
- China (53.0 units)
- United Kingdom (41.0 units)
- United States (23.0 units)
- Germany (8.0 units)
Exports of Used Pneumatic Tyres of Rubber in Kenya
In 2022, overseas shipments of used pneumatic tyres of rubbers decreased by -91% to 7 units, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a significant decline. The pace of growth appeared the most rapid in 2020 when exports increased by 123% against the previous year. As a result, the exports attained the peak of 134 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, used pneumatic tyres of rubber exports contracted significantly to $565 in 2022. In general, exports saw a precipitous slump. The pace of growth was the most pronounced in 2020 when exports increased by 42% against the previous year. As a result, the exports reached the peak of $5.2K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Used Pneumatic Tyres of Rubber in Kenya (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Sudan | 358 | 1,110 | 1,777 | 418 | 5.3% |
Tanzania | 92.0 | 68.0 | 153 | 77.0 | -5.8% |
Somalia | N/A | N/A | N/A | 70.0 | 0% |
Japan | 1,440 | N/A | N/A | N/A | 0% |
Belgium | 611 | 307 | 732 | N/A | 9.5% |
Uganda | 14.0 | 8.0 | 26.0 | N/A | 36.3% |
Rwanda | 1,120 | 2,111 | 38.0 | N/A | -81.6% |
Democratic Republic of the Congo | N/A | 1,095 | N/A | N/A | 0% |
United States | N/A | 467 | N/A | N/A | 0% |
Others | 1.0 | 1.0 | 1.0 | N/A | 0.0% |
Total | 3,636 | 5,167 | 2,727 | 565 | -46.2% |
Top Export Markets for Used Pneumatic Tyres of Rubber from Kenya in 2022:
- South Sudan (5.0 units)
- Tanzania (1.0 units)
- Somalia (1.0 units)
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