Price for Used Pneumatic Tyres of Rubber in Spain - 2023
Contents:
- Price for Used Pneumatic Tyres of Rubber in Spain (FOB) - 2022
- Price for Used Pneumatic Tyres of Rubber in Spain (CIF) - 2022
- Exports of Used Pneumatic Tyres of Rubber in Spain
- Imports of Used Pneumatic Tyres of Rubber in Spain
Price for Used Pneumatic Tyres of Rubber in Spain (FOB) - 2022
The average export price for used pneumatic tyres of rubbers stood at $18 per unit in 2022, jumping by 83% against the previous year. Over the period under review, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($52 per unit), while the average price for exports to Poland ($1.8 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 Paraguay (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Used Pneumatic Tyres of Rubber in Spain (CIF) - 2022
The average import price for used pneumatic tyres of rubbers stood at $48 per unit in 2022, increasing by 19% against the previous year. In general, the import price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 111% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.
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 Germany ($87 per unit), while the price for Switzerland ($4.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+30.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Used Pneumatic Tyres of Rubber in Spain
In 2022, approx. 2.9M units of used pneumatic tyres of rubbers were exported from Spain; with an increase of 11% compared with the year before. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 86%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, used pneumatic tyres of rubber exports soared to $52M in 2022. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Used Pneumatic Tyres of Rubber in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1.5 | 2.2 | 10.1 | 38.4 | 194.7% |
| Germany | 3.3 | 3.1 | 4.7 | 3.8 | 4.8% |
| Dominican Republic | 0.7 | 1.0 | 0.9 | 1.2 | 19.7% |
| United States | 2.3 | 2.2 | 1.6 | 1.1 | -21.8% |
| Portugal | 0.4 | 0.4 | 0.7 | 0.7 | 20.5% |
| Libya | N/A | 0.1 | 0.2 | 0.6 | 144.9% |
| Equatorial Guinea | 0.4 | 0.3 | 0.4 | 0.5 | 7.7% |
| Senegal | 0.4 | 0.5 | 0.6 | 0.5 | 7.7% |
| Italy | 1.1 | 0.7 | 1.1 | 0.5 | -23.1% |
| Honduras | N/A | 0.1 | 0.2 | 0.4 | 100.0% |
| El Salvador | 0.3 | 0.3 | 0.6 | 0.4 | 10.1% |
| Poland | N/A | 0.2 | 0.3 | 0.4 | 41.4% |
| Paraguay | 0.2 | 0.1 | 0.1 | 0.3 | 14.5% |
| Others | 4.6 | 3.6 | 4.0 | 3.0 | -13.3% |
| Total | 15.1 | 14.8 | 25.5 | 51.8 | 50.8% |
Top Export Markets for Used Pneumatic Tyres of Rubber from Spain in 2022:
- United Kingdom (742.4K units)
- Dominican Republic (258.2K units)
- Poland (236.3K units)
- Libya (208.7K units)
- United States (196.6K units)
- Germany (158.9K units)
- Portugal (146.6K units)
- El Salvador (121.9K units)
- Senegal (118.7K units)
- Italy (97.2K units)
- Equatorial Guinea (87.0K units)
- Paraguay (67.4K units)
- Honduras (63.0K units)
Imports of Used Pneumatic Tyres of Rubber in Spain
After two years of decline, overseas purchases of used pneumatic tyres of rubbers increased by 31% to 748K units in 2022. In general, imports, however, saw a sharp reduction. Imports peaked at 1.8M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, used pneumatic tyres of rubber imports surged to $36M in 2022. Overall, total imports indicated temperate growth from 2019 to 2022: its value increased at an average annual rate of +4.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Used Pneumatic Tyres of Rubber in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 16.6 | 12.8 | 5.9 | 21.7 | 9.3% |
| United Kingdom | 0.2 | 0.2 | 0.3 | 5.4 | 200.0% |
| Italy | 1.9 | 3.2 | 4.5 | 3.7 | 24.9% |
| Germany | 6.3 | 4.1 | 3.0 | 2.2 | -29.6% |
| Australia | 0.3 | 0.6 | 0.6 | 0.8 | 38.7% |
| Netherlands | 1.6 | 0.9 | 1.4 | 0.7 | -24.1% |
| United States | 0.5 | 0.3 | 0.4 | 0.4 | -7.2% |
| Portugal | 3.1 | 3.4 | 6.5 | 0.4 | -49.5% |
| Switzerland | 0.2 | N/A | 0.1 | 0.1 | -20.6% |
| Others | 0.6 | 0.3 | 0.3 | 0.4 | -12.6% |
| Total | 31.3 | 25.7 | 23.0 | 35.7 | 4.5% |
Top Suppliers of Used Pneumatic Tyres of Rubber to Spain in 2022:
- France (423.0K units)
- United Kingdom (100.7K units)
- Australia (56.2K units)
- Italy (54.2K units)
- United States (43.1K units)
- Germany (25.0K units)
- Switzerland (16.0K units)
- Netherlands (8.6K units)
- Portugal (4.8K units)
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