Price for New Pneumatic Tyres, of Rubber in Turkey - 2022
Contents:
- Price for New Pneumatic Tyres, of Rubber in Turkey (FOB) - 2022
- Price for New Pneumatic Tyres, of Rubber in Turkey (CIF) - 2022
- Exports of New Pneumatic Tyres, of Rubber in Turkey
- Imports of New Pneumatic Tyres, of Rubber in Turkey
Price for New Pneumatic Tyres, of Rubber in Turkey (FOB) - 2022
In 2022, the average export price for new pneumatic tyres, of rubbers amounted to $65 per unit, surging by 13% against the previous year. Over the period under review, the export price, however, showed a mild decline. Over the period under review, the average export prices attained the maximum at $79 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($98 per unit), while the average price for exports to Morocco ($44 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 Russia (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for New Pneumatic Tyres, of Rubber in Turkey (CIF) - 2022
In 2022, the average import price for new pneumatic tyres, of rubbers amounted to $51 per unit, jumping by 32% against the previous year. Overall, the import price, however, continues to indicate a slight reduction. The import price peaked at $61 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($120 per unit), while the price for Pakistan ($1.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of New Pneumatic Tyres, of Rubber in Turkey
In 2022, exports of new pneumatic tyres, of rubbers from Turkey dropped to 28M units, which is down by -3.6% on 2021 figures. The total export volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year. As a result, the exports attained the peak of 29M units, and then fell in the following year.
In value terms, new pneumatic tyres, of rubber exports amounted to $1.8B in 2022. The total export value increased at an average annual rate of +6.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
| Export of New Pneumatic Tyres, of Rubber in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 264 | 218 | 267 | 308 | 5.3% |
| Italy | 111 | 91.2 | 126 | 148 | 10.1% |
| Netherlands | 112 | 94.5 | 119 | 112 | 0.0% |
| United States | 47.6 | 57.6 | 106 | 109 | 31.8% |
| United Kingdom | 97.6 | 73.6 | 88.6 | 85.6 | -4.3% |
| Spain | 60.3 | 51.3 | 69.3 | 82.8 | 11.1% |
| Morocco | 47.2 | 47.3 | 68.7 | 73.4 | 15.9% |
| Russia | 40.1 | 38.1 | 66.3 | 68.0 | 19.2% |
| Egypt | 77.2 | 76.4 | 96.6 | 60.0 | -8.1% |
| Poland | 44.2 | 36.8 | 50.9 | 59.2 | 10.2% |
| France | 44.5 | 37.6 | 45.5 | 53.8 | 6.5% |
| Belgium | 69.9 | 64.7 | 73.1 | 51.5 | -9.7% |
| Ukraine | 15.1 | 14.6 | 32.1 | 32.7 | 29.4% |
| Others | 502 | 394 | 491 | 605 | 6.4% |
| Total | 1,532 | 1,296 | 1,699 | 1,849 | 6.5% |
Top Export Markets for New Pneumatic Tyres, of Rubber from Turkey in 2022:
- Germany (4.5M units)
- United States (2.1M units)
- Italy (1.9M units)
- United Kingdom (1.7M units)
- Morocco (1.7M units)
- Netherlands (1.5M units)
- Egypt (1.2M units)
- France (1.2M units)
- Spain (1.2M units)
- Poland (0.8M units)
- Belgium (0.7M units)
- Russia (0.7M units)
- Ukraine (0.5M units)
Imports of New Pneumatic Tyres, of Rubber in Turkey
In 2022, after three years of growth, there was significant decline in purchases abroad of new pneumatic tyres, of rubbers, when their volume decreased by -10.1% to 20M units. The total import volume increased at an average annual rate of +6.1% 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 when imports increased by 20%. As a result, imports reached the peak of 23M units, and then shrank in the following year.
In value terms, new pneumatic tyres, of rubber imports surged to $1B in 2022. The total import value increased at an average annual rate of +10.9% over the period from 2019 to 2022; however, 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 Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 72.3 | 75.5 | 83.5 | 103 | 12.5% |
| South Korea | 61.7 | 73.8 | 92.1 | 98.8 | 17.0% |
| Poland | 50.6 | 61.5 | 73.3 | 91.7 | 21.9% |
| Spain | 45.5 | 54.0 | 69.2 | 86.7 | 24.0% |
| Germany | 105 | 90.8 | 76.8 | 80.6 | -8.4% |
| Romania | 73.1 | 65.6 | 56.2 | 76.6 | 1.6% |
| Czech Republic | 35.4 | 38.1 | 47.1 | 56.1 | 16.6% |
| Italy | 35.5 | 38.1 | 47.2 | 55.2 | 15.9% |
| France | 49.6 | 38.4 | 42.7 | 54.5 | 3.2% |
| Hungary | 24.0 | 34.0 | 43.0 | 53.6 | 30.7% |
| Serbia | 33.0 | 50.1 | 43.7 | 45.2 | 11.1% |
| China | 22.8 | 24.7 | 18.7 | 21.9 | -1.3% |
| Pakistan | 1.4 | 2.0 | 4.7 | 4.1 | 43.1% |
| Others | 151 | 153 | 173 | 210 | 11.6% |
| Total | 761 | 800 | 872 | 1,038 | 10.9% |
Top Suppliers of New Pneumatic Tyres, of Rubber to Turkey in 2022:
- Pakistan (2.9M units)
- China (2.0M units)
- South Korea (1.8M units)
- Romania (1.5M units)
- Czech Republic (1.5M units)
- Poland (1.2M units)
- Hungary (1.2M units)
- Serbia (1.2M units)
- Germany (1.0M units)
- Slovakia (0.9M units)
- France (0.8M units)
- Spain (0.8M units)
- Italy (0.6M units)
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