Price for Used Pneumatic Tyres of Rubber in Norway - 2023
Contents:
- Price for Used Pneumatic Tyres of Rubber in Norway (CIF) - 2022
- Price for Used Pneumatic Tyres of Rubber in Norway (FOB) - 2022
- Imports of Used Pneumatic Tyres of Rubber in Norway
- Exports of Used Pneumatic Tyres of Rubber in Norway
Price for Used Pneumatic Tyres of Rubber in Norway (CIF) - 2022
In 2022, the average import price for used pneumatic tyres of rubbers amounted to $76 per unit, waning by -26.4% against the previous year. In general, the import price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when the average import price increased by 63%. Over the period under review, average import prices attained the maximum at $181 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 Denmark ($604 per unit), while the price for South Korea ($5.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Used Pneumatic Tyres of Rubber in Norway (FOB) - 2022
In 2022, the average export price for used pneumatic tyres of rubbers amounted to $13 per unit, declining by -5.1% against the previous year. In general, the export price recorded a slight shrinkage. The pace of growth appeared the most rapid in 2020 an increase of 51%. The export price peaked at $16 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($34 per unit), while the average price for exports to Honduras ($2.5 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 Lithuania (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Used Pneumatic Tyres of Rubber in Norway
In 2022, approx. 30K units of used pneumatic tyres of rubbers were imported into Norway; increasing by 51% against 2021 figures. Over the period under review, imports saw 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 expanded sharply to $2.3M in 2022. The total import value increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 36%. As a result, imports attained the peak of $2.5M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Used Pneumatic Tyres of Rubber in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 1,561 | 1,975 | 1,230 | 949 | -15.3% |
| Netherlands | 181 | 363 | 570 | 524 | 42.5% |
| Germany | 2.0 | 20.0 | 74.0 | 162 | 332.7% |
| Japan | 10.7 | 0.5 | 0.4 | 135 | 132.8% |
| China | 0.4 | 24.8 | 0.4 | 84.9 | 496.5% |
| United Kingdom | 1.7 | 2.0 | 73.8 | 76.1 | 255.1% |
| South Korea | 15.9 | 6.4 | 0.4 | 13.3 | -5.8% |
| Others | 70.6 | 106 | 78.9 | 313 | 64.3% |
| Total | 1,843 | 2,498 | 2,027 | 2,258 | 7.0% |
Top Suppliers of Used Pneumatic Tyres of Rubber to Norway in 2022:
- Netherlands (7.6K units)
- Japan (6.1K units)
- Sweden (5.8K units)
- Germany (2.4K units)
- South Korea (2.3K units)
- China (1.3K units)
- United Kingdom (1.1K units)
Exports of Used Pneumatic Tyres of Rubber in Norway
In 2022, the amount of used pneumatic tyres of rubbers exported from Norway shrank to 54K units, declining by -11.9% compared with the previous year's figure. Overall, exports continue to indicate a abrupt setback. The smallest decline of -11.7% was in 2020. The exports peaked at 81K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, used pneumatic tyres of rubber exports plummeted to $686K in 2022. The total export value increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 33%. As a result, the exports attained the peak of $850K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Used Pneumatic Tyres of Rubber in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 207 | 282 | 306 | 306 | 13.9% |
| Poland | 61.4 | 37.9 | 72.6 | 110 | 21.5% |
| Ghana | 34.0 | 102 | 62.7 | 42.9 | 8.1% |
| Germany | 23.6 | 33.9 | 2.5 | 32.2 | 10.9% |
| Honduras | 48.5 | 47.4 | 34.5 | 29.4 | -15.4% |
| Lithuania | 41.3 | 1.8 | 4.6 | 25.5 | -14.8% |
| Gambia | 42.5 | 61.2 | 45.4 | 19.9 | -22.3% |
| Guinea | 25.3 | 6.4 | 20.0 | 14.8 | -16.4% |
| Latvia | 7.3 | 6.0 | 13.0 | 14.4 | 25.4% |
| Nigeria | 22.2 | 9.5 | 26.1 | 10.2 | -22.8% |
| United Kingdom | N/A | N/A | 2.2 | 9.9 | 350.0% |
| Sierra Leone | 2.1 | 9.0 | 8.4 | 7.7 | 54.2% |
| Congo | 2.4 | 4.2 | 4.8 | 6.3 | 37.9% |
| Others | 121 | 249 | 217 | 56.8 | -22.3% |
| Total | 639 | 850 | 820 | 686 | 2.4% |
Top Export Markets for Used Pneumatic Tyres of Rubber from Norway in 2022:
- Poland (14.2K units)
- Honduras (11.6K units)
- Sweden (9.1K units)
- Ghana (3.6K units)
- Guinea (1.9K units)
- Gambia (1.9K units)
- Lithuania (1.9K units)
- Latvia (1.8K units)
- Germany (1.3K units)
- Nigeria (1.2K units)
- Sierra Leone (1.1K units)
- Congo (0.9K units)
- United Kingdom (0.8K units)
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