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

Contents:

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

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

In February 2022, the average import price for new pneumatic tyres, of rubbers amounted to $95.8 per unit, increasing by 7.4% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($112 per unit), while the price for India ($56.0 per unit) was amongst the lowest.

From May 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Romania (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In February 2022, the average export price for new pneumatic tyres, of rubbers amounted to $90.0 per unit, increasing by 22% against the previous month. Overall, the export price continues to indicate moderate growth. The most prominent rate of growth was recorded in October 2021 an increase of 38% m-o-m. Over the period under review, the average export prices hit record highs at $104 per unit in August 2021; however, from September 2021 to February 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In February 2022, the countries with the highest prices were Germany ($90.7 per unit) and Austria ($86.2 per unit), while the average price for exports to Italy ($68.3 per unit) and the Netherlands ($78.9 per unit) were amongst the lowest.

From May 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.7%), while the prices for the other major destinations experienced a decline.

Imports of New Pneumatic Tyres, of Rubber in Switzerland

In 2022, approx. 11M units of new pneumatic tyres, of rubbers were imported into Switzerland; picking up by 6.6% on the previous year's figure. The total import volume increased at an average annual rate of +5.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, new pneumatic tyres, of rubber imports rose markedly to $826M in 2022. The total import value increased at an average annual rate of +9.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of New Pneumatic Tyres, of Rubber in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2282322632695.7%
Romania31.040.342.259.724.4%
Czech Republic39.441.646.857.413.4%
France40.134.234.352.79.5%
Portugal38.934.841.550.49.0%
Slovakia27.030.635.445.819.3%
Italy25.026.626.831.78.2%
Luxembourg24.524.424.328.55.2%
Netherlands18.218.220.125.011.2%
China18.618.419.824.910.2%
South Korea9.67.09.516.319.3%
Indonesia8.811.214.414.016.7%
Vietnam2.12.33.65.638.7%
Others1261341471454.8%
Total6386567288269.0%

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

  1. Germany (2889.7K units)
  2. Romania (820.6K units)
  3. Czech Republic (681.6K units)
  4. France (621.6K units)
  5. Portugal (619.9K units)
  6. China (551.5K units)
  7. Indonesia (547.8K units)
  8. Luxembourg (451.1K units)
  9. Slovakia (416.7K units)
  10. Vietnam (369.0K units)
  11. Italy (323.2K units)
  12. Netherlands (272.8K units)
  13. South Korea (239.5K units)

Exports of New Pneumatic Tyres, of Rubber in Switzerland

After three years of growth, overseas shipments of new pneumatic tyres, of rubbers decreased by -6.5% to 307K units in 2022. The total export volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 11%. As a result, the exports reached the peak of 328K units, and then reduced in the following year.

In value terms, new pneumatic tyres, of rubber exports shrank to $22M in 2022. The total export value increased at an average annual rate of +7.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, the exports attained the peak of $24M, and then reduced in the following year.

Export of New Pneumatic Tyres, of Rubber in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9.28.112.610.64.8%
Netherlands4.36.65.85.911.1%
Italy1.21.11.80.9-9.1%
Spain0.60.10.90.810.1%
RomaniaN/A0.30.40.641.4%
France0.40.30.40.614.5%
Austria0.11.30.40.681.7%
GeorgiaN/AN/AN/A0.20%
PolandN/AN/A0.10.10.0%
Others2.31.81.62.1-3.0%
Total18.119.524.022.47.4%

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

  1. Germany (140.0K units)
  2. Netherlands (82.7K units)
  3. Georgia (14.3K units)
  4. France (11.0K units)
  5. Italy (10.8K units)
  6. Romania (7.8K units)
  7. Austria (7.2K units)
  8. Poland (5.3K units)
  9. Spain (4.7K units)

Source: IndexBox Market Intelligence Platform

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