Price for Inner Tubes, of Rubber in Algeria - 2022
Contents:
- Price for Inner Tubes, of Rubber in Algeria (CIF) - 2022
- Price for Inner Tubes, of Rubber in Algeria (FOB) - 2022
- Imports of Inner Tubes, of Rubber in Algeria
- Exports of Inner Tubes, of Rubber in Algeria
Price for Inner Tubes, of Rubber in Algeria (CIF) - 2022
In 2022, the average inner tubes, of rubber import price amounted to $2.4 per unit, increasing by 61% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The import price peaked at $3.5 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($5.8 per unit), while the price for Thailand ($0.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+15.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Inner Tubes, of Rubber in Algeria (FOB) - 2022
In 2022, the average inner tubes, of rubber export price amounted to $22 per unit, increasing by 286% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The export price peaked at $39 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Libya ($25 per unit), while the average price for exports to France ($4.9 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 Libya (+1.6%), while the prices for the other major destinations experienced a decline.
Imports of Inner Tubes, of Rubber in Algeria
After three years of growth, overseas purchases of inner tubes, of rubbers decreased by -33.6% to 3.6M units in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +5.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 36%. Imports peaked at 5.5M units in 2021, and then reduced markedly in the following year.
In value terms, inner tubes, of rubber imports expanded remarkably to $8.7M in 2022. Overall, imports recorded a abrupt contraction. Over the period under review, imports attained the maximum at $11M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Inner Tubes, of Rubber in Algeria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.2 | 5.4 | 4.2 | 4.7 | -3.3% |
Russia | 1.5 | 1.8 | 1.9 | 2.2 | 13.6% |
Poland | 3.0 | 2.4 | 0.9 | 0.9 | -33.1% |
South Korea | 0.5 | 0.5 | 0.5 | 0.4 | -7.2% |
India | 0.2 | 0.2 | 0.3 | 0.2 | 0.0% |
Thailand | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
Others | 0.3 | 0.4 | 0.4 | 0.3 | 0.0% |
Total | 10.8 | 10.7 | 8.1 | 8.7 | -7.0% |
Top Suppliers of Inner Tubes, of Rubber to Algeria in 2022:
- China (2718.4K units)
- Russia (438.9K units)
- Poland (152.3K units)
- South Korea (90.9K units)
- India (85.8K units)
- Thailand (81.1K units)
Exports of Inner Tubes, of Rubber in Algeria
In 2022, shipments abroad of inner tubes, of rubbers decreased by -65.1% to 286 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 307%. As a result, the exports attained the peak of 819 units, and then fell sharply in the following year.
In value terms, inner tubes, of rubber exports surged to $6.3K in 2022. The total export value increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Inner Tubes, of Rubber in Algeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Libya | 4.1 | 4.1 | 2.5 | 5.2 | 8.2% |
Netherlands | 0.7 | 0.7 | 0.5 | 1.1 | 16.3% |
France | N/A | N/A | N/A | N/A | 0% |
Mauritania | N/A | N/A | 1.7 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 4.8 | 4.8 | 4.7 | 6.3 | 9.5% |
Top Export Markets for Inner Tubes, of Rubber from Algeria in 2022:
- Libya (203.0 units)
- Netherlands (76.0 units)
- France (7.0 units)
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