Price for Inner Tubes, of Rubber in the United Arab Emirates - 2021

Contents:

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

Price for Inner Tubes, of Rubber in the United Arab Emirates (CIF) - 2022

The average inner tubes, of rubber import price stood at $4.2 per unit in 2022, declining by -9.3% against the previous year. Over the period under review, the import price, however, recorded a prominent increase. The growth pace was the most rapid in 2017 an increase of 100%. Over the period under review, average import prices hit record highs at $4.8 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($4.7 per unit), while the price for Japan totaled $4.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Inner Tubes, of Rubber in the United Arab Emirates (FOB) - 2022

In 2022, the average inner tubes, of rubber export price amounted to $1 per unit, with an increase of 40% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 132%. As a result, the export price attained the peak level of $2.2 per unit. From 2018 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Georgia.

From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to +57.1% per year.

Imports of Inner Tubes, of Rubber in the United Arab Emirates

In 2022, after two years of decline, there was growth in overseas purchases of inner tubes, of rubbers, when their volume increased by 1.8% to 6.3M units. Over the period under review, imports, however, continue to indicate a mild downturn. Over the period under review, imports reached the maximum at 6.5M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, inner tubes, of rubber imports declined to $26M in 2022. In general, imports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. Over the period under review, imports attained the peak figure at $31M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Inner Tubes, of Rubber in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/AN/AN/A24.30%
TurkeyN/AN/AN/A1.60%
South Korea18.811.411.2N/A-22.8%
Thailand0.60.40.4N/A-18.4%
China4.54.66.2N/A17.4%
Vietnam1.21.41.0N/A-8.7%
India4.74.55.6N/A9.2%
Pakistan0.50.40.3N/A-22.5%
Others0.81.33.90.4-20.6%
Total31.224.128.526.3-5.5%

Top Suppliers of Inner Tubes, of Rubber to the United Arab Emirates in 2022:

  1. Japan (5.8M units)
  2. Turkey (0.3M units)

Exports of Inner Tubes, of Rubber in the United Arab Emirates

After three years of growth, shipments abroad of inner tubes, of rubbers decreased by -36.5% to 1.5M units in 2022. Over the period under review, exports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. As a result, the exports attained the peak of 2.3M units, and then contracted rapidly in the following year.

In value terms, inner tubes, of rubber exports contracted to $1.4M in 2022. In general, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 28% against the previous year. Over the period under review, the exports reached the maximum at $1.8M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Inner Tubes, of Rubber in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Georgia0.61.00.21,4341237.0%
Congo454477633N/A18.1%
Oman702248435N/A-21.3%
Others606533541N/A-5.5%
Total1,7621,2591,6091,434-6.6%

Top Export Markets for Inner Tubes, of Rubber from the United Arab Emirates in 2022:

  1. Georgia (1.5M units)

Source: IndexBox Market Intelligence Platform

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