Price for Inner Tubes, of Rubber in Israel - 2023
Contents:
- Price for Inner Tubes, of Rubber in Israel (CIF) - 2022
- Price for Inner Tubes, of Rubber in Israel (FOB) - 2022
- Imports of Inner Tubes, of Rubber in Israel
- Exports of Inner Tubes, of Rubber in Israel
Price for Inner Tubes, of Rubber in Israel (CIF) - 2022
The average inner tubes, of rubber import price stood at $1.2 per unit in 2022, falling by -28.1% against the previous year. Over the period under review, the import price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2013 an increase of 40%. The import price peaked at $3.2 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($4.2 per unit), while the price for Sri Lanka ($0.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-0.2%), while the prices for the other major suppliers experienced a decline.
Price for Inner Tubes, of Rubber in Israel (FOB) - 2022
The average inner tubes, of rubber export price stood at $3.6 per unit in 2022, reducing by -7.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2018 when the average export price increased by 13%. The export price peaked at $4.2 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($10 per unit), while the average price for exports to Brazil ($0.4 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 Canada (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Inner Tubes, of Rubber in Israel
For the fourth consecutive year, Israel recorded growth in overseas purchases of inner tubes, of rubbers, which increased by 53% to 2.8M units in 2022. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, inner tubes, of rubber imports expanded significantly to $3.2M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 36% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Inner Tubes, of Rubber in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 747 | 869 | 1,296 | 1,623 | 29.5% |
| South Korea | 267 | 397 | 205 | 324 | 6.7% |
| Taiwan (Chinese) | 148 | 138 | 178 | 223 | 14.6% |
| Sri Lanka | 206 | 88.0 | 109 | 151 | -9.8% |
| Czech Republic | 4.9 | 23.5 | 86.1 | 108 | 180.4% |
| Vietnam | 20.8 | 11.7 | 86.1 | 108 | 73.2% |
| India | 10.9 | 61.6 | 78.4 | 98.2 | 108.1% |
| Others | 417 | 559 | 893 | 584 | 11.9% |
| Total | 1,821 | 2,148 | 2,932 | 3,219 | 20.9% |
Top Suppliers of Inner Tubes, of Rubber to Israel in 2022:
- China (1773.1K units)
- Taiwan (Chinese) (225.4K units)
- Sri Lanka (183.8K units)
- Czech Republic (124.2K units)
- India (84.6K units)
- South Korea (77.2K units)
- Vietnam (74.0K units)
Exports of Inner Tubes, of Rubber in Israel
Inner tubes, of rubber exports from Israel contracted to 13K units in 2022, reducing by -11.4% against the previous year. The total export volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 44% against the previous year. As a result, the exports attained the peak of 15K units, and then declined in the following year.
In value terms, inner tubes, of rubber exports declined sharply to $48K in 2022. Overall, total exports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 55% against the previous year. As a result, the exports attained the peak of $58K, and then fell remarkably in the following year.
| Export of Inner Tubes, of Rubber in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 13.3 | 2.3 | 6.7 | 8.2 | -14.9% |
| Germany | 9.8 | 3.2 | 5.3 | 6.8 | -11.5% |
| China | 0.9 | 1.5 | 6.1 | 4.6 | 72.3% |
| Turkey | 2.2 | 2.4 | 4.5 | 3.7 | 18.9% |
| United Kingdom | 3.0 | 0.6 | 4.9 | 3.7 | 7.2% |
| Thailand | 1.7 | 2.9 | 4.9 | 3.7 | 29.6% |
| Russia | 1.2 | 1.4 | 2.7 | 2.3 | 24.2% |
| Colombia | 1.2 | 0.7 | 2.0 | 1.5 | 7.7% |
| Palestine | 3.1 | 2.4 | 3.2 | 1.4 | -23.3% |
| Brazil | 0.9 | 0.8 | 1.2 | 0.8 | -3.9% |
| France | 0.5 | 0.5 | 0.9 | 0.7 | 11.9% |
| Ethiopia | 0.8 | 0.6 | 0.9 | 0.5 | -14.5% |
| Bulgaria | N/A | 9.6 | N/A | N/A | 0% |
| Others | 7.3 | 8.6 | 14.7 | 10.0 | 11.1% |
| Total | 46.0 | 37.5 | 58.3 | 47.9 | 1.4% |
Top Export Markets for Inner Tubes, of Rubber from Israel in 2022:
- Germany (2.0K units)
- Brazil (1.9K units)
- Netherlands (1.5K units)
- France (1.1K units)
- Colombia (1.0K units)
- United Kingdom (0.8K units)
- Russia (0.7K units)
- China (0.7K units)
- Thailand (0.6K units)
- Turkey (0.4K units)
- Ethiopia (0.4K units)
- Palestine (0.3K units)
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