Price for New Pneumatic Tyres, of Rubber in Russia - 2022

Contents:

  1. Price for New Pneumatic Tyres, of Rubber in Russia (CIF) - 2022
  2. Price for New Pneumatic Tyres, of Rubber in Russia (FOB) - 2022
  3. Imports of New Pneumatic Tyres, of Rubber in Russia
  4. Exports of New Pneumatic Tyres, of Rubber in Russia

Price for New Pneumatic Tyres, of Rubber in Russia (CIF) - 2022

The average import price for new pneumatic tyres, of rubbers stood at $70.2 per unit in January 2022, dropping by -4.3% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.5%. The pace of growth appeared the most rapid in February 2021 when the average import price increased by 17% against the previous month. Over the period under review, average import prices reached the maximum at $73.3 per unit in December 2021, and then fell slightly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was Japan ($373 per unit), while the price for China ($38.5 per unit) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Japan (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for New Pneumatic Tyres, of Rubber in Russia (FOB) - 2022

The average export price for new pneumatic tyres, of rubbers stood at $56.9 per unit in January 2022, waning by -7.7% against the previous month. Over the period from January 2021 to January 2022, it increased at an average monthly rate of +1.6%. The pace of growth appeared the most rapid in March 2021 when the average export price increased by 22% month-to-month. Over the period under review, the average export prices reached the peak figure at $61.6 per unit in December 2021, and then declined in the following month.

There were significant differences in the average prices for the major overseas markets. In January 2022, the country with the highest price was Belarus ($97.0 per unit), while the average price for exports to Germany ($34.3 per unit) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of New Pneumatic Tyres, of Rubber in Russia

In 2022, purchases abroad of new pneumatic tyres, of rubbers decreased by -7.8% to 31M units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +9.2% 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 31% against the previous year. As a result, imports attained the peak of 34M units, and then dropped in the following year.

In value terms, new pneumatic tyres, of rubber imports shrank to $1.9B in 2022. In general, imports showed a slight decrease. The growth pace was the most rapid in 2021 with an increase of 29%. As a result, imports reached the peak of $2.1B, and then declined in the following year.

Import of New Pneumatic Tyres, of Rubber in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China32330443449915.6%
Japan403299358260-13.6%
Spain128108151124-1.1%
Belarus12597.5124105-5.6%
South Korea15711713397.3-14.7%
Thailand84.962.766.294.73.7%
Poland10376.785.669.2-12.4%
Germany69.650.471.666.2-1.7%
India25.525.843.062.735.0%
Turkey43.341.772.647.22.9%
Serbia58.954.967.445.3-8.4%
Hungary20.618.536.224.15.4%
Others430384477385-3.6%
Total1,9701,6402,1201,880-1.5%

Top Suppliers of New Pneumatic Tyres, of Rubber to Russia in 2022:

  1. China (14.9M units)
  2. South Korea (2.3M units)
  3. Belarus (2.0M units)
  4. Japan (1.6M units)
  5. Poland (1.3M units)
  6. Thailand (1.3M units)
  7. Serbia (1.1M units)
  8. Turkey (0.8M units)
  9. Germany (0.8M units)
  10. India (0.5M units)
  11. Hungary (0.5M units)
  12. Spain (0.5M units)

Exports of New Pneumatic Tyres, of Rubber in Russia

In 2022, approx. 24M units of new pneumatic tyres, of rubbers were exported from Russia; shrinking by -3.3% on the year before. Overall, exports saw a abrupt descent. The growth pace was the most rapid in 2021 when exports increased by 8.2% against the previous year. The exports peaked at 32M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, new pneumatic tyres, of rubber exports declined to $1.2B in 2022. Over the period under review, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 22% against the previous year. The exports peaked at $1.9B in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of New Pneumatic Tyres, of Rubber in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan338189231230-12.0%
Belarus216125164151-11.2%
Germany212117125106-20.6%
United States71.535.658.371.90.2%
Finland11065.378.554.1-21.1%
Italy64.837.941.153.1-6.4%
Norway36.134.154.652.813.5%
Canada10553.166.752.7-20.5%
Sweden91.254.067.048.8-18.8%
Ukraine71.554.568.745.4-14.0%
Poland42.640.034.738.6-3.2%
Czech Republic63.932.132.736.2-17.3%
France28.720.225.926.5-2.6%
Others438253304264-15.5%
Total1,8891,1101,3531,232-13.3%

Top Export Markets for New Pneumatic Tyres, of Rubber from Russia in 2022:

  1. Germany (3.4M units)
  2. Kazakhstan (2.7M units)
  3. Belarus (1.7M units)
  4. Italy (1.5M units)
  5. United States (1.5M units)
  6. Finland (1.3M units)
  7. Poland (1.2M units)
  8. Ukraine (1.1M units)
  9. Sweden (1.1M units)
  10. Canada (0.9M units)
  11. Czech Republic (0.8M units)
  12. Norway (0.8M units)
  13. France (0.8M units)

Source: IndexBox Market Intelligence Platform

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