Price for Inner Tubes, of Rubber in Estonia - 2023
Contents:
- Price for Inner Tubes, of Rubber in Estonia (CIF) - 2022
- Price for Inner Tubes, of Rubber in Estonia (FOB) - 2022
- Imports of Inner Tubes, of Rubber in Estonia
- Exports of Inner Tubes, of Rubber in Estonia
Price for Inner Tubes, of Rubber in Estonia (CIF) - 2022
In 2022, the average inner tubes, of rubber import price amounted to $6.3 per unit, declining by -14.6% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced increase. The pace of growth appeared the most rapid in 2017 an increase of 46%. Over the period under review, average import prices attained the maximum at $7.4 per unit in 2021, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($17 per unit), while the price for China ($2.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Inner Tubes, of Rubber in Estonia (FOB) - 2022
In 2022, the average inner tubes, of rubber export price amounted to $4.4 per unit, reducing by -21.1% against the previous year. Overall, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2019 an increase of 153%. Over the period under review, the average export prices hit record highs at $9.3 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($16 per unit), while the average price for exports to Kazakhstan ($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 Finland (+4.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Inner Tubes, of Rubber in Estonia
In 2022, approx. 123K units of inner tubes, of rubbers were imported into Estonia; with an increase of 12% compared with the previous year's figure. In general, imports, however, continue to indicate a pronounced decline. Over the period under review, imports hit record highs at 134K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, inner tubes, of rubber imports shrank slightly to $776K in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.6% 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 +46.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 32% against the previous year. As a result, imports reached the peak of $814K, and then reduced slightly in the following year.
| Import of Inner Tubes, of Rubber in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 62.0 | 82.9 | 117 | 178 | 42.1% |
| Finland | 116 | 176 | 246 | 152 | 9.4% |
| China | 101 | 94.8 | 95.8 | 114 | 4.1% |
| South Korea | 16.6 | N/A | N/A | 92.0 | 77.0% |
| Latvia | 22.0 | 84.5 | 105 | 86.5 | 57.8% |
| Slovakia | 52.4 | 43.4 | 71.3 | 64.5 | 7.2% |
| Germany | 21.7 | 52.5 | 108 | 63.7 | 43.2% |
| Taiwan (Chinese) | 19.3 | 6.1 | 5.5 | 0.5 | -70.4% |
| Others | 119 | 78.2 | 65.2 | 25.7 | -40.0% |
| Total | 530 | 618 | 814 | 776 | 13.6% |
Top Suppliers of Inner Tubes, of Rubber to Estonia in 2022:
- China (53.7K units)
- Germany (20.6K units)
- Poland (14.4K units)
- Finland (11.5K units)
- South Korea (8.6K units)
- Latvia (8.4K units)
- Slovakia (3.8K units)
- Taiwan (Chinese) (0.2K units)
Exports of Inner Tubes, of Rubber in Estonia
For the fourth year in a row, Estonia recorded growth in overseas shipments of inner tubes, of rubbers, which increased by 63% to 63K units in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 89% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, inner tubes, of rubber exports surged to $279K in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.6% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Inner Tubes, of Rubber in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 31.0 | 67.6 | 80.6 | 180 | 79.7% |
| Lithuania | 32.4 | 14.8 | 25.4 | 53.9 | 18.5% |
| Finland | 43.7 | 41.5 | 48.0 | 21.4 | -21.2% |
| Kazakhstan | N/A | N/A | N/A | 13.5 | 0% |
| Slovakia | N/A | N/A | N/A | 8.4 | 0% |
| Others | 52.6 | 52.9 | 63.2 | 1.8 | -67.5% |
| Total | 160 | 177 | 217 | 279 | 20.4% |
Top Export Markets for Inner Tubes, of Rubber from Estonia in 2022:
- Latvia (40.0K units)
- Lithuania (12.4K units)
- Kazakhstan (7.3K units)
- Slovakia (1.5K units)
- Finland (1.4K units)
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