Price for Inner Tubes, of Rubber in Slovakia - 2023
Contents:
- Price for Inner Tubes, of Rubber in Slovakia (CIF) - 2022
- Price for Inner Tubes, of Rubber in Slovakia (FOB) - 2023
- Imports of Inner Tubes, of Rubber in Slovakia
- Exports of Inner Tubes, of Rubber in Slovakia
Price for Inner Tubes, of Rubber in Slovakia (CIF) - 2022
In 2022, the average inner tubes, of rubber import price amounted to $3.4 per unit, with an increase of 32% against the previous year. Over the period under review, the import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2020 an increase of 519%. The import price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($5.7 per unit), while the price for South Korea ($2.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+30.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Inner Tubes, of Rubber in Slovakia (FOB) - 2023
In July 2023, the average inner tubes, of rubber export price amounted to $9.3 per unit, with a decrease of -29.6% against the previous month. Overall, export price indicated a slight increase from July 2022 to July 2023: its price increased at an average monthly rate of +1.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, inner tubes, of rubber export price decreased by -43.0% against May 2023 indices. The growth pace was the most rapid in May 2023 an increase of 100% against the previous month. As a result, the export price attained the peak level of $16.3 per unit. From June 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Bulgaria ($15.5 per unit), while the average price for exports to Ukraine ($4.2 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Inner Tubes, of Rubber in Slovakia
Inner tubes, of rubber imports into Slovakia fell dramatically to 1.2M units in 2022, reducing by -39.7% against the previous year. Overall, imports faced a dramatic decline. The smallest decline of -10.2% was in 2021. Imports peaked at 12M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, inner tubes, of rubber imports shrank significantly to $4.2M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +6.7% 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 +21.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. As a result, imports attained the peak of $5.3M, and then contracted rapidly in the following year.
| Import of Inner Tubes, of Rubber in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,576 | 618 | 1,466 | 1,624 | 1.0% |
| Germany | 85.0 | 565 | 918 | 800 | 111.1% |
| Czech Republic | 271 | 410 | 684 | 634 | 32.8% |
| Poland | 842 | 1,764 | 1,651 | 582 | -11.6% |
| South Korea | 189 | 341 | 314 | 220 | 5.2% |
| Indonesia | 90.2 | 25.5 | 17.7 | 76.7 | -5.3% |
| Thailand | 30.1 | 26.4 | N/A | 55.3 | 22.5% |
| Vietnam | 91.5 | N/A | 24.0 | 17.1 | -42.8% |
| Sri Lanka | 79.3 | N/A | 7.1 | N/A | -70.1% |
| Others | 200 | 275 | 178 | 187 | -2.2% |
| Total | 3,455 | 4,024 | 5,260 | 4,196 | 6.7% |
Top Suppliers of Inner Tubes, of Rubber to Slovakia in 2022:
- China (509.3K units)
- Poland (239.1K units)
- Germany (199.5K units)
- Czech Republic (111.0K units)
- South Korea (94.9K units)
- Indonesia (24.9K units)
- Thailand (19.6K units)
- Vietnam (4.4K units)
Exports of Inner Tubes, of Rubber in Slovakia
In 2022, shipments abroad of inner tubes, of rubbers decreased by -62% to 349K units, falling for the second consecutive year after two years of growth. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2020 when exports increased by 67% against the previous year. As a result, the exports reached the peak of 985K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, inner tubes, of rubber exports declined remarkably to $1.5M in 2022. Over the period under review, exports saw a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 18%. Over the period under review, the exports reached the maximum at $2.9M in 2021, and then fell markedly in the following year.
| Export of Inner Tubes, of Rubber in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 794 | 970 | 1,099 | 626 | -7.6% |
| Croatia | 284 | 299 | 321 | 297 | 1.5% |
| Poland | 329 | 422 | 370 | 231 | -11.1% |
| Slovenia | 24.3 | 33.4 | 18.3 | 92.1 | 55.9% |
| Austria | 2.9 | 34.1 | 2.8 | 58.2 | 171.8% |
| Hungary | 292 | 292 | 200 | 53.4 | -43.2% |
| Bosnia and Herzegovina | 22.6 | 41.7 | 14.4 | 39.4 | 20.4% |
| Romania | 263 | 307 | 344 | 11.3 | -65.0% |
| Latvia | 77.3 | 41.7 | 126 | 7.0 | -55.1% |
| Others | 181 | 241 | 420 | 89.5 | -20.9% |
| Total | 2,269 | 2,683 | 2,914 | 1,504 | -12.8% |
Top Export Markets for Inner Tubes, of Rubber from Slovakia in 2022:
- Czech Republic (154.1K units)
- Croatia (76.5K units)
- Poland (28.1K units)
- Slovenia (22.8K units)
- Austria (22.3K units)
- Hungary (14.7K units)
- Bosnia and Herzegovina (11.5K units)
- Latvia (3.3K units)
- Romania (1.2K units)
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