Price for New Pneumatic Tyres, of Rubber in Brazil - 2022
Contents:
- Price for New Pneumatic Tyres, of Rubber in Brazil (CIF) - 2022
- Price for New Pneumatic Tyres, of Rubber in Brazil (FOB) - 2022
- Imports of New Pneumatic Tyres, of Rubber in Brazil
- Exports of New Pneumatic Tyres, of Rubber in Brazil
Price for New Pneumatic Tyres, of Rubber in Brazil (CIF) - 2022
The average import price for new pneumatic tyres, of rubbers stood at $42 per unit in 2022, surging by 31% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, new pneumatic tyres, of rubber import price increased by +71.3% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($126 per unit), while the price for Sri Lanka ($5.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+27.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for New Pneumatic Tyres, of Rubber in Brazil (FOB) - 2022
The average export price for new pneumatic tyres, of rubbers stood at $91 per unit in 2022, jumping by 26% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The export price peaked at $98 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($124 per unit), while the average price for exports to Italy ($23 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 Germany (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of New Pneumatic Tyres, of Rubber in Brazil
In 2022, new pneumatic tyres, of rubber imports into Brazil was estimated at 43M units, stabilizing at the previous year's figure. The total import volume increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 46%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, new pneumatic tyres, of rubber imports surged to $1.8B in 2022. Over the period under review, imports showed a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 91% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
| Import of New Pneumatic Tyres, of Rubber in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 350 | 270 | 548 | 661 | 23.6% |
| India | 56.8 | 35.8 | 143 | 222 | 57.5% |
| Vietnam | 42.8 | 32.9 | 82.5 | 200 | 67.2% |
| Malaysia | 9.7 | 19.6 | 55.0 | 88.8 | 109.2% |
| Thailand | 24.2 | 21.2 | 53.8 | 51.5 | 28.6% |
| Argentina | 139 | 42.8 | 42.6 | 34.2 | -37.3% |
| Indonesia | 38.3 | 24.4 | 26.8 | 26.1 | -12.0% |
| Mexico | 38.7 | 17.4 | 21.9 | 23.4 | -15.4% |
| Sri Lanka | 6.0 | 5.2 | 9.3 | 8.8 | 13.6% |
| Others | 349 | 254 | 396 | 492 | 12.1% |
| Total | 1,054 | 723 | 1,378 | 1,808 | 19.7% |
Top Suppliers of New Pneumatic Tyres, of Rubber to Brazil in 2022:
- China (26.7M units)
- Indonesia (4.4M units)
- Vietnam (1.9M units)
- India (1.8M units)
- Sri Lanka (1.7M units)
- Thailand (1.5M units)
- Malaysia (1.3M units)
- Argentina (0.6M units)
- Mexico (0.3M units)
Exports of New Pneumatic Tyres, of Rubber in Brazil
In 2022, the amount of new pneumatic tyres, of rubbers exported from Brazil stood at 15M units, therefore, remained relatively stable against the previous year's figure. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 32%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, new pneumatic tyres, of rubber exports surged to $1.4B in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +5.4% 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 +58.9% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 26%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of New Pneumatic Tyres, of Rubber in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 388 | 283 | 384 | 439 | 4.2% |
| Argentina | 243 | 176 | 184 | 268 | 3.3% |
| Mexico | 105 | 88.7 | 124 | 161 | 15.3% |
| Colombia | 64.6 | 44.8 | 59.0 | 89.4 | 11.4% |
| Paraguay | 29.5 | 18.8 | 33.1 | 55.7 | 23.6% |
| Chile | 32.9 | 34.3 | 38.9 | 49.4 | 14.5% |
| Uruguay | 15.6 | 12.3 | 17.5 | 29.4 | 23.5% |
| Canada | 20.2 | 13.1 | 20.0 | 25.8 | 8.5% |
| Peru | 20.7 | 15.9 | 19.4 | 20.5 | -0.3% |
| Germany | 18.1 | 7.8 | 7.7 | 16.4 | -3.2% |
| Italy | 12.7 | 7.5 | 7.8 | 10.2 | -7.0% |
| Others | 211 | 154 | 184 | 195 | -2.6% |
| Total | 1,162 | 856 | 1,080 | 1,360 | 5.4% |
Top Export Markets for New Pneumatic Tyres, of Rubber from Brazil in 2022:
- United States (5.0M units)
- Argentina (2.7M units)
- Mexico (2.0M units)
- Colombia (1.0M units)
- Paraguay (0.7M units)
- Italy (0.4M units)
- Chile (0.4M units)
- Uruguay (0.4M units)
- Canada (0.3M units)
- Germany (0.3M units)
- Peru (0.2M units)
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