Price for Inner Tubes, of Rubber in Switzerland - 2023
Contents:
- Price for Inner Tubes, of Rubber in Switzerland (CIF) - 2023
- Price for Inner Tubes, of Rubber in Switzerland (FOB) - 2022
- Imports of Inner Tubes, of Rubber in Switzerland
- Exports of Inner Tubes, of Rubber in Switzerland
Price for Inner Tubes, of Rubber in Switzerland (CIF) - 2023
The average inner tubes, of rubber import price stood at $3.7 per unit in August 2023, with a decrease of -26% against the previous month. Overall, import price indicated slight growth from August 2022 to August 2023: its price increased at an average monthly rate of +1.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, inner tubes, of rubber import price decreased by -26.0% against July 2023 indices. The most prominent rate of growth was recorded in March 2023 an increase of 36% month-to-month. Over the period under review, average import prices hit record highs at $5.0 per unit in July 2023, and then dropped remarkably in the following month.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($10.2 per unit), while the price for the Czech Republic ($1.6 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Inner Tubes, of Rubber in Switzerland (FOB) - 2022
The average inner tubes, of rubber export price stood at $3 per unit in 2022, with a decrease of -17% against the previous year. In general, the export price recorded a perceptible descent. The growth pace was the most rapid in 2016 when the average export price increased by 88%. As a result, the export price reached the peak level of $9.8 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($138 per unit), while the average price for exports to Bulgaria ($1.3 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 Serbia (+54.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Inner Tubes, of Rubber in Switzerland
In 2022, after three years of growth, there was significant decline in overseas purchases of inner tubes, of rubbers, when their volume decreased by -68.8% to 610K units. Over the period under review, imports faced a sharp descent. The growth pace was the most rapid in 2020 when imports increased by 16% against the previous year. Imports peaked at 2M units in 2021, and then plummeted in the following year.
In value terms, inner tubes, of rubber imports fell significantly to $2.4M in 2022. Overall, imports saw a abrupt slump. The pace of growth was the most pronounced in 2020 when imports increased by 23%. Imports peaked at $6.3M in 2021, and then contracted remarkably in the following year.
| Import of Inner Tubes, of Rubber in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 778 | 872 | 1,067 | 931 | 6.2% |
| Indonesia | 455 | 453 | 374 | 298 | -13.2% |
| Czech Republic | 84.4 | 97.3 | 108 | 190 | 31.1% |
| Taiwan (Chinese) | 146 | 269 | 284 | 169 | 5.0% |
| Serbia | 66.0 | 132 | 151 | 166 | 36.0% |
| Thailand | 62.3 | 64.7 | 105 | 87.1 | 11.8% |
| India | 111 | 187 | 92.6 | 55.6 | -20.6% |
| Vietnam | 1,065 | 1,625 | 1,931 | 1.5 | -88.8% |
| China | 1,001 | 1,212 | 1,325 | 1.3 | -89.1% |
| Others | 856 | 766 | 846 | 545 | -14.0% |
| Total | 4,626 | 5,678 | 6,284 | 2,444 | -19.2% |
Top Suppliers of Inner Tubes, of Rubber to Switzerland in 2022:
- Germany (179.8K units)
- Czech Republic (131.8K units)
- Indonesia (90.2K units)
- Serbia (50.4K units)
- Taiwan (Chinese) (41.4K units)
- Thailand (32.2K units)
- India (22.5K units)
- Vietnam (0.6K units)
- China (0.4K units)
Exports of Inner Tubes, of Rubber in Switzerland
In 2022, the amount of inner tubes, of rubbers exported from Switzerland soared to 51K units, picking up by 47% compared with the year before. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.2% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, inner tubes, of rubber exports skyrocketed to $154K in 2022. The total export value increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Inner Tubes, of Rubber in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 23.3 | 39.6 | 24.5 | 37.2 | 16.9% |
| Portugal | 15.0 | 11.9 | 13.3 | 20.0 | 10.1% |
| Romania | N/A | N/A | 2.0 | 16.0 | 700.0% |
| Japan | 0.7 | 1.6 | 1.9 | 11.7 | 155.7% |
| Poland | 14.6 | 1.9 | N/A | 10.2 | -11.3% |
| Germany | 35.4 | 24.9 | 48.0 | 4.2 | -50.9% |
| Serbia | 3.1 | 0.2 | N/A | 0.3 | -54.1% |
| Others | 36.8 | 44.4 | 36.2 | 54.0 | 13.6% |
| Total | 129 | 125 | 126 | 154 | 6.1% |
Top Export Markets for Inner Tubes, of Rubber from Switzerland in 2022:
- Serbia (undefinedK units)
- Bulgaria (29.2K units)
- Portugal (11.3K units)
- Romania (3.1K units)
- Japan (2.1K units)
- Poland (1.4K units)
- Germany (0.5K units)
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