Price for Inner Tubes, of Rubber in Uruguay - 2022

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

The average inner tubes, of rubber import price stood at $2.1 per unit in 2022, surging by 18% against the previous year. Overall, the import price, however, saw a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 21%. Over the period under review, average import prices attained the maximum at $3 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($8.7 per unit), while the price for Indonesia ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average inner tubes, of rubber export price amounted to $1.2 per unit, declining by -7% against the previous year. In general, the export price showed a perceptible shrinkage. The pace of growth was the most pronounced in 2015 an increase of 91%. As a result, the export price attained the peak level of $6.3 per unit. From 2016 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 the UK ($4.3 per unit), while the average price for exports to Costa Rica stood at $0.9 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-2.2%), while the prices for the other major destinations experienced a decline.

Imports of Inner Tubes, of Rubber in Uruguay

In 2022, approx. 958K units of inner tubes, of rubbers were imported into Uruguay; dropping by -29.3% compared with the year before. Overall, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. As a result, imports reached the peak of 1.4M units, and then dropped remarkably in the following year.

In value terms, inner tubes, of rubber imports declined notably to $2M in 2022. Over the period under review, total imports indicated a moderate increase from 2019 to 2022: its value increased at an average annual rate of +4.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +24.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 49%. As a result, imports attained the peak of $2.5M, and then dropped remarkably in the following year.

Import of Inner Tubes, of Rubber in Uruguay (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1,018	847	1,356	1,200	5.6%
Hong Kong SAR	125	145	159	168	10.4%
Brazil	52.8	88.4	87.2	132	35.7%
Vietnam	183	125	123	117	-13.9%
South Korea	123	215	94.5	117	-1.7%
Indonesia	18.7	35.0	94.9	84.0	65.0%
Thailand	81.0	34.0	52.9	46.7	-16.8%
Taiwan (Chinese)	53.4	21.5	40.3	35.6	-12.6%
Others	132	133	444	149	4.1%
Total	1,787	1,644	2,453	2,048	4.6%

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

China (639.9K units)
Indonesia (81.3K units)
Vietnam (52.2K units)
Hong Kong SAR (49.4K units)
Thailand (37.3K units)
Taiwan (Chinese) (34.2K units)
South Korea (17.6K units)
Brazil (15.2K units)

Exports of Inner Tubes, of Rubber in Uruguay

Inner tubes, of rubber exports from Uruguay dropped modestly to 327 units in 2022, which is down by -1.8% against 2021 figures. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 3.7%. Over the period under review, the exports attained the peak figure at 335 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, inner tubes, of rubber exports declined to $388 in 2022. In general, exports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 21%. Over the period under review, the exports attained the maximum at $437 in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.