Price for Inner Tubes, of Rubber in Spain - 2023

Price for Inner Tubes, of Rubber in Spain (CIF) - 2023

The average inner tubes, of rubber import price stood at $8.1 per unit in July 2023, with an increase of 26% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $8.2 per unit in March 2023; however, from April 2023 to July 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($10.4 per unit), while the price for Indonesia ($2.5 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Greece (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average inner tubes, of rubber export price amounted to $3.2 per unit, shrinking by -10.4% against the previous year. Over the period under review, the export price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when the average export price increased by 30%. Over the period under review, the average export prices reached the maximum at $6.6 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($4.2 per unit), while the average price for exports to Libya ($0.6 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 the UK (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Inner Tubes, of Rubber in Spain

For the third consecutive year, Spain recorded decline in purchases abroad of inner tubes, of rubbers, which decreased by -24.4% to 7.2M units in 2022. Over the period under review, imports continue to indicate a abrupt shrinkage. The smallest decline of -5.3% 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 reduced to $29M in 2022. The total import value increased at an average annual rate of +6.1% 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 with an increase of 36% against the previous year. As a result, imports attained the peak of $33M, and then dropped in the following year.

Import of Inner Tubes, of Rubber in Spain (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	10.4	10.1	12.6	9.9	-1.6%
Serbia	5.5	4.3	7.5	4.9	-3.8%
Thailand	0.9	0.9	1.0	3.0	49.4%
France	0.5	1.7	2.5	2.1	61.3%
South Korea	1.3	1.4	1.7	1.6	7.2%
Vietnam	0.3	0.2	0.5	1.0	49.4%
Italy	0.8	1.1	1.3	0.9	4.0%
Poland	1.1	1.0	1.1	0.9	-6.5%
Czech Republic	0.3	0.4	0.7	0.8	38.7%
Taiwan (Chinese)	0.5	0.4	0.9	0.4	-7.2%
Others	2.6	2.6	3.3	3.3	8.3%
Total	24.3	24.3	33.1	28.9	5.9%

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

China (2910.3K units)
Serbia (1154.7K units)
Thailand (762.0K units)
South Korea (553.9K units)
France (463.7K units)
Vietnam (280.1K units)
Poland (235.4K units)
Czech Republic (171.2K units)
Italy (161.4K units)
Taiwan (Chinese) (102.8K units)

Exports of Inner Tubes, of Rubber in Spain

In 2022, approx. 4.1M units of inner tubes, of rubbers were exported from Spain; standing approx. at 2021. Over the period under review, exports continue to indicate a pronounced decline. The most prominent rate of growth was recorded in 2021 with an increase of 9.4%. Over the period under review, the exports reached the peak figure at 4.7M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, inner tubes, of rubber exports declined to $13M in 2022. The total export value increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 14%. As a result, the exports reached the peak of $15M, and then fell in the following year.

Export of Inner Tubes, of Rubber in Spain (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	4,943	4,824	5,439	5,462	3.4%
Italy	1,882	1,925	2,204	1,887	0.1%
Portugal	787	1,151	1,187	1,478	23.4%
Germany	1,191	1,447	1,842	993	-5.9%
United Kingdom	597	683	704	527	-4.1%
Belgium	566	431	426	401	-10.9%
Morocco	14.4	4.3	74.7	396	201.8%
United States	453	635	843	371	-6.4%
Poland	504	489	498	337	-12.6%
Netherlands	36.0	32.3	62.8	173	68.8%
Hungary	196	168	268	143	-10.0%
Lithuania	0.1	N/A	N/A	95.5	884.8%
Libya	29.5	27.9	27.1	50.9	19.9%
Others	1,240	1,268	1,391	901	-10.1%
Total	12,439	13,085	14,966	13,215	2.0%