Price for Inner Tubes, of Rubber in Oman - 2021

Contents:

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

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

The average inner tubes, of rubber import price stood at $3.3 per unit in 2022, picking up by 3.5% against the previous year. Over the period under review, the import price, however, saw a noticeable slump. The pace of growth was the most pronounced in 2013 when the average import price increased by 22%. As a result, import price reached the peak level of $6.3 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($6.1 per unit), while the price for India ($2.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average inner tubes, of rubber export price amounted to $6.3 per unit, shrinking by -5.3% against the previous year. Overall, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, inner tubes, of rubber export price decreased by -6.4% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 113% against the previous year. As a result, the export price reached the peak level of $7.1 per unit. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Yemen ($8.2 per unit), while the average price for exports to Iran ($1.7 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 Yemen (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Inner Tubes, of Rubber in Oman

In 2022, approx. 426K units of inner tubes, of rubbers were imported into Oman; with a decrease of -15.7% compared with the year before. The total import volume increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 46% against the previous year. As a result, imports attained the peak of 505K units, and then contracted remarkably in the following year.

In value terms, inner tubes, of rubber imports dropped to $1.4M in 2022. In general, imports saw a perceptible downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. Over the period under review, imports hit record highs at $1.6M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Inner Tubes, of Rubber in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates653232481406-14.6%
India13418346637340.7%
China531196170274-19.8%
Italy66.023920499.914.8%
South Korea37.221037.687.733.1%
Egypt76.353.170.159.3-8.1%
Pakistan14.113.815.912.3-4.5%
Others13688.8189114-5.7%
Total1,6471,2161,6351,425-4.7%

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

  1. India (173.2K units)
  2. United Arab Emirates (101.4K units)
  3. China (79.3K units)
  4. Italy (16.4K units)
  5. South Korea (15.1K units)
  6. Egypt (10.0K units)
  7. Pakistan (6.0K units)

Exports of Inner Tubes, of Rubber in Oman

In 2022, exports of inner tubes, of rubbers from Oman skyrocketed to 18K units, with an increase of 140% on the previous year's figure. Overall, exports posted a buoyant expansion. Over the period under review, the exports attained the peak figure at 29K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, inner tubes, of rubber exports soared to $116K in 2022. In general, exports showed a remarkable increase. Over the period under review, the exports hit record highs at $181K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Export of Inner Tubes, of Rubber in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Somalia13.216030.484.285.5%
United Arab Emirates0.211.69.225.6404.0%
Iran0.14.81.74.6258.3%
IndonesiaN/AN/A9.5N/A0%
Qatar67.03.2N/AN/A-95.2%
Others1.62.00.41.95.9%
Total82.118151.211612.2%

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

  1. Somalia (12.1K units)
  2. United Arab Emirates (3.3K units)
  3. Iran (2.7K units)

Source: IndexBox Market Intelligence Platform

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