Price for New Pneumatic Tyres, of Rubber in Peru - 2021
Contents:
- Price for New Pneumatic Tyres, of Rubber in Peru (CIF) - 2021
- Price for New Pneumatic Tyres, of Rubber in Peru (FOB) - 2021
- Imports of New Pneumatic Tyres, of Rubber in Peru
- Exports of New Pneumatic Tyres, of Rubber in Peru
Price for New Pneumatic Tyres, of Rubber in Peru (CIF) - 2021
In April 2020, the average import price for new pneumatic tyres, of rubbers amounted to $49.4 per unit, falling by -11.3% against the previous month. Over the last three months, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in March 2020 an increase of 31% against the previous month. As a result, import price attained the peak level of $55.7 per unit, and then contracted in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($98.3 per unit), while the price for China ($29.0 per unit) was amongst the lowest.
From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by Spain (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for New Pneumatic Tyres, of Rubber in Peru (FOB) - 2021
In April 2020, the average export price for new pneumatic tyres, of rubbers amounted to $50.1 per unit, almost unchanged from the previous month. In general, the export price recorded modest growth. The pace of growth was the most pronounced in February 2020 when the average export price increased by 4.6% m-o-m. Over the period under review, the average export prices attained the maximum in April 2020.
Average prices varied somewhat for the major external markets. In April 2020, the highest price was recorded for prices to Argentina ($64.2 per unit) and Mexico ($48.9 per unit), while the average price for exports to Uruguay ($46.8 per unit) and Chile ($47.6 per unit) were amongst the lowest.
From January 2020 to April 2020, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of New Pneumatic Tyres, of Rubber in Peru
In 2022, overseas purchases of new pneumatic tyres, of rubbers decreased by -12.3% to 9.4M units for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +10.1% 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 +33.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 33%. As a result, imports attained the peak of 11M units, and then reduced in the following year.
In value terms, new pneumatic tyres, of rubber imports declined markedly to $486M in 2022. The total import value increased at an average annual rate of +1.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 46%. As a result, imports reached the peak of $577M, and then declined rapidly in the following year.
| Import of New Pneumatic Tyres, of Rubber in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 170 | 168 | 243 | 201 | 5.7% |
| India | 22.9 | 13.2 | 24.5 | 20.2 | -4.1% |
| Brazil | 24.8 | 17.0 | 22.6 | 18.7 | -9.0% |
| Thailand | 10.1 | 7.9 | 13.0 | 10.8 | 2.3% |
| Taiwan (Chinese) | 8.6 | 7.2 | 10.0 | 8.3 | -1.2% |
| Vietnam | 2.4 | 2.7 | 4.7 | 3.9 | 17.6% |
| Others | 231 | 178 | 259 | 222 | -1.3% |
| Total | 470 | 394 | 577 | 486 | 1.1% |
Top Suppliers of New Pneumatic Tyres, of Rubber to Peru in 2022:
- China (6.8M units)
- India (0.7M units)
- Taiwan (Chinese) (0.6M units)
- Vietnam (0.3M units)
- Brazil (0.2M units)
- Thailand (0.2M units)
Exports of New Pneumatic Tyres, of Rubber in Peru
In 2022, exports of new pneumatic tyres, of rubbers from Peru shrank markedly to 1.6M units, declining by -35.3% on the year before. Over the period under review, exports recorded a mild decline. The most prominent rate of growth was recorded in 2021 with an increase of 248%. As a result, the exports attained the peak of 2.5M units, and then reduced markedly in the following year.
In value terms, new pneumatic tyres, of rubber exports contracted rapidly to $49M in 2022. In general, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 266% against the previous year. As a result, the exports reached the peak of $76M, and then shrank notably in the following year.
| Export of New Pneumatic Tyres, of Rubber in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 24.2 | 12.8 | 41.8 | 25.7 | 2.0% |
| Chile | 7.4 | 2.3 | 10.5 | 6.4 | -4.7% |
| Colombia | 9.6 | 2.1 | 8.1 | 5.3 | -18.0% |
| Ecuador | 6.2 | 1.0 | 4.7 | 3.1 | -20.6% |
| Argentina | 4.3 | 1.2 | 1.9 | 2.3 | -18.8% |
| Uruguay | 1.1 | 0.3 | 1.9 | 1.2 | 2.9% |
| Others | 8.4 | 1.2 | 7.3 | 4.5 | -18.8% |
| Total | 61.3 | 20.8 | 76.2 | 48.5 | -7.5% |
Top Export Markets for New Pneumatic Tyres, of Rubber from Peru in 2022:
- Mexico (1021.5K units)
- Chile (190.2K units)
- Colombia (156.9K units)
- Ecuador (75.8K units)
- Argentina (65.0K units)
- Uruguay (43.4K units)
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