Price for Inner Tubes, of Rubber in Argentina - 2023

Contents:

1. Price for Inner Tubes, of Rubber in Argentina (CIF) - 2023
2. Price for Inner Tubes, of Rubber in Argentina (FOB) - 2022
3. Imports of Inner Tubes, of Rubber in Argentina
4. Exports of Inner Tubes, of Rubber in Argentina

Price for Inner Tubes, of Rubber in Argentina (CIF) - 2023

The average inner tubes, of rubber import price stood at $1.6 per unit in June 2023, dropping by -10.7% against the previous month. Overall, the import price continues to indicate a slight decrease. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 37% month-to-month. As a result, import price reached the peak level of $2.2 per unit. From November 2022 to June 2023, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From June 2022 to June 2023, the rate of growth in terms of prices for China amounted to -1.3% per month.

Price for Inner Tubes, of Rubber in Argentina (FOB) - 2022

The average inner tubes, of rubber export price stood at $9.7 per unit in 2022, therefore, remained relatively stable against the previous year. Overall, the export price enjoyed a buoyant increase. The pace of growth was the most pronounced in 2015 an increase of 92% against the previous year. The export price peaked at $10 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +59.5% per year.

Imports of Inner Tubes, of Rubber in Argentina

After three years of growth, overseas purchases of inner tubes, of rubbers decreased by -7.7% to 15M units in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +17.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. As a result, imports reached the peak of 17M units, and then reduced in the following year.

In value terms, inner tubes, of rubber imports rose slightly to $27M in 2022. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 63% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Inner Tubes, of Rubber to Argentina in 2022:

1. China (14.2M units)
2. Vietnam (0.5M units)

Exports of Inner Tubes, of Rubber in Argentina

In 2022, the amount of inner tubes, of rubbers exported from Argentina rose significantly to 1.8K units, growing by 7% on 2021. In general, exports, however, saw a noticeable decline. The exports peaked at 1.9K units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, inner tubes, of rubber exports reached $17K in 2022. Overall, exports, however, continue to indicate a pronounced slump. The exports peaked at $19K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Inner Tubes, of Rubber from Argentina in 2022:

1. Australia (1.8K units)

Source: IndexBox Market Intelligence Platform