Price for Used Pneumatic Tyres of Rubber in the UK - 2023

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

In 2022, the average export price for used pneumatic tyres of rubbers amounted to $11 per unit, falling by -7.1% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 23% against the previous year. Over the period under review, the average export prices hit record highs at $16 per unit in 2019; however, from 2020 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 France ($124 per unit), while the average price for exports to the Netherlands ($4.8 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 Swaziland (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for used pneumatic tyres of rubbers amounted to $22 per unit, which is down by -9.9% against the previous year. Overall, the import price saw a abrupt descent. The growth pace was the most rapid in 2016 an increase of 58% against the previous year. Over the period under review, average import prices hit record highs at $39 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($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 (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Used Pneumatic Tyres of Rubber in the UK

For the fourth year in a row, the UK recorded growth in overseas shipments of used pneumatic tyres of rubbers, which increased by 38% to 2.5M units in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 243% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, used pneumatic tyres of rubber exports skyrocketed to $28M in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 182% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Used Pneumatic Tyres of Rubber in the UK (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	0.3	0.2	5.5	10.6	228.1%
Netherlands	0.3	0.2	4.6	8.2	201.2%
Germany	2.7	2.1	3.5	2.0	-9.5%
Poland	0.2	0.3	1.6	1.7	104.1%
United States	0.5	0.8	0.8	0.8	17.0%
Trinidad and Tobago	N/A	N/A	N/A	0.4	0%
Guyana	0.1	0.2	0.3	0.2	26.0%
Swaziland	0.3	0.3	0.4	0.2	-12.6%
El Salvador	0.2	0.2	0.2	0.1	-20.6%
Others	3.1	3.6	5.2	4.3	11.5%
Total	7.6	7.9	22.2	28.5	55.4%

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

Netherlands (1694.9K units)
Poland (185.3K units)
France (85.6K units)
Trinidad and Tobago (77.3K units)
United States (67.2K units)
Germany (54.3K units)
Guyana (43.2K units)
Swaziland (40.7K units)
El Salvador (26.1K units)

Imports of Used Pneumatic Tyres of Rubber in the UK

For the fourth consecutive year, the UK recorded growth in overseas purchases of used pneumatic tyres of rubbers, which increased by 177% to 1.1M units in 2022. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, used pneumatic tyres of rubber imports surged to $25M in 2022. Over the period under review, imports saw a significant expansion. 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 the UK (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	3.2	3.5	4.4	17.5	76.2%
Netherlands	0.8	0.5	0.9	2.7	50.0%
Spain	1.4	2.2	2.3	0.9	-13.7%
Switzerland	0.4	0.4	0.6	0.6	14.5%
Poland	N/A	N/A	N/A	0.3	0%
Romania	N/A	N/A	N/A	0.2	0%
Austria	N/A	N/A	N/A	0.2	0%
Belgium	N/A	N/A	N/A	0.2	0%
China	0.1	N/A	N/A	0.2	26.0%
Denmark	N/A	N/A	N/A	0.1	0%
Sweden	N/A	N/A	N/A	0.1	0%
Others	0.9	1.4	2.0	2.2	34.7%
Total	6.9	8.0	10.2	25.3	54.2%