Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Australia - 2024
Contents:
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Australia (CIF) - 2024
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Australia (FOB) - 2022
- Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Australia
- Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Australia
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Australia (CIF) - 2024
In January 2024, the average import price for rubber; inner tubes, of a kind used on bicycleses amounted to $1.8 per unit, leveling off at the previous month. Overall, import price indicated a slight increase from January 2023 to January 2024: its price increased at an average monthly rate of +1.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, import price for rubber; inner tubes, of a kind used on bicycleses decreased by -16.1% against November 2023 indices. The most prominent rate of growth was recorded in March 2023 an increase of 43% month-to-month. The import price peaked at $2.4 per unit in April 2023; however, from May 2023 to January 2024, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the highest price was recorded for prices from the United States ($1.9 per unit) and Vietnam ($1.8 per unit), while the price for Taiwan (Chinese) ($1.7 per unit) and Thailand ($1.8 per unit) were amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Vietnam (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Australia (FOB) - 2022
In 2022, the average export price for rubber; inner tubes, of a kind used on bicycleses amounted to $1.9 per unit, surging by 8.1% against the previous year. In general, the export price, however, saw a slight slump. The most prominent rate of growth was recorded in 2013 an increase of 193%. As a result, the export price reached the peak level of $6.4 per unit. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($9.2 per unit), while the average price for exports to New Zealand stood at $1.6 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kiribati (+9.7%).
Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Australia
After three years of growth, purchases abroad of rubber; inner tubes, of a kind used on bicycleses decreased by -1.9% to 2.9M units in 2022. The total import volume increased at an average annual rate of +7.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 20%. Imports peaked at 2.9M units in 2021, and then declined modestly in the following year.
In value terms, imports of rubber; inner tubes, of a kind used on bicycleses expanded significantly to $5M in 2022. The total import value increased at an average annual rate of +13.7% 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 when imports increased by 22% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,657 | 1,583 | 2,072 | 2,436 | 13.7% |
| Thailand | 675 | 1,115 | 919 | 1,227 | 22.0% |
| Taiwan (Chinese) | 655 | 897 | 934 | 689 | 1.7% |
| Vietnam | 109 | 112 | 209 | 211 | 24.6% |
| Indonesia | 43.2 | 94.7 | 80.3 | 142 | 48.7% |
| Others | 247 | 327 | 319 | 265 | 2.4% |
| Total | 3,386 | 4,129 | 4,533 | 4,971 | 13.7% |
Top Suppliers of Rubber; Inner Tubes, of A Kind Used On Bicycles to Australia in 2022:
- China (1550.7K units)
- Thailand (719.1K units)
- Taiwan (Chinese) (354.3K units)
- Vietnam (96.6K units)
- Indonesia (93.2K units)
Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Australia
In 2022, approx. 40K units of rubber; inner tubes, of a kind used on bicycleses were exported from Australia; growing by 87% on 2021. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,171%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of rubber; inner tubes, of a kind used on bicycleses soared to $74K in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 322%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | N/A | 44.9 | 33.2 | 59.4 | 15.0% |
| China | N/A | N/A | N/A | 14.4 | 0% |
| Others | 10.6 | N/A | 3.6 | 0.6 | -61.6% |
| Total | 10.6 | 44.9 | 36.8 | 74.4 | 91.5% |
Top Export Markets for Rubber; Inner Tubes, of A Kind Used On Bicycles from Australia in 2022:
- New Zealand (38.0K units)
- China (1.6K units)
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