Price for Inner Tubes, of Rubber in Luxembourg - 2023

Contents:

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

Price for Inner Tubes, of Rubber in Luxembourg (CIF) - 2022

In 2022, the average inner tubes, of rubber import price amounted to $2 per unit, waning by -25.3% against the previous year. Overall, the import price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2017 an increase of 47% against the previous year. Over the period under review, average import prices reached the peak figure at $16 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($8.7 per unit), while the price for Germany ($1.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average inner tubes, of rubber export price stood at $3.2 per unit in 2022, declining by -28.3% against the previous year. Over the period under review, the export price continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 115%. The export price peaked at $31 per unit in 2014; however, from 2015 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 Germany ($7.5 per unit), while the average price for exports to France ($2 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 Ireland (+57.6%), while the prices for the other major destinations experienced a decline.

Imports of Inner Tubes, of Rubber in Luxembourg

For the fourth year in a row, Luxembourg recorded growth in overseas purchases of inner tubes, of rubbers, which increased by 99% to 442K units in 2022. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, inner tubes, of rubber imports surged to $901K in 2022. Over the period under review, imports, however, faced a abrupt setback. Over the period under review, imports hit record highs at $1.4M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

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

1. Germany (262.7K units)
2. Belgium (88.7K units)
3. Netherlands (79.4K units)
4. France (7.5K units)

Exports of Inner Tubes, of Rubber in Luxembourg

For the third year in a row, Luxembourg recorded decline in shipments abroad of inner tubes, of rubbers, which decreased by -45.2% to 13K units in 2022. Over the period under review, exports recorded a significant curtailment. The smallest decline of -5.5% was in 2020. Over the period under review, the exports attained the maximum at 72K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, inner tubes, of rubber exports fell rapidly to $43K in 2022. Overall, exports faced a significant curtailment. The smallest decline of -45.7% was in 2021. The exports peaked at $383K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

1. France (9.7K units)
2. Belgium (1.9K units)
3. Germany (1.8K units)

Source: IndexBox Market Intelligence Platform