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

Contents:

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

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

In 2022, the average import price for new pneumatic tyres, of rubbers amounted to $25 per unit, reducing by -30.5% against the previous year. In general, import price indicated a moderate expansion from 2017 to 2022: its price increased at an average annual rate of +3.6% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when the average import price increased by 26%. As a result, import price reached the peak level of $36 per unit, and then dropped markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($113 per unit), while the price for China ($20 per unit) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for new pneumatic tyres, of rubbers stood at $18 per unit in 2022, reducing by -63.6% against the previous year. Overall, the export price saw a abrupt contraction. The pace of growth appeared the most rapid in 2020 when the average export price increased by 128%. As a result, the export price reached the peak level of $62 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

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 Azerbaijan ($28 per unit), while the average price for exports to Kyrgyzstan ($9.8 per unit) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+18.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of New Pneumatic Tyres, of Rubber in Uzbekistan

In 2022, approx. 9.2M units of new pneumatic tyres, of rubbers were imported into Uzbekistan; jumping by 78% compared with 2021 figures. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +9.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 skyrocketed to $232M in 2022. The total import value increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of New Pneumatic Tyres, of Rubber in Uzbekistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China89.386.573.615620.4%
Russia20.018.721.712.4-14.7%
South Korea17.16.56.411.2-13.2%
Czech Republic3.38.68.06.324.1%
Turkey4.12.22.74.85.4%
Others68.584.774.840.9-15.8%
Total2022071872324.7%

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

  1. China (8.0M units)
  2. South Korea (0.4M units)
  3. Turkey (0.2M units)
  4. Czech Republic (0.2M units)
  5. Russia (0.1M units)

Exports of New Pneumatic Tyres, of Rubber in Uzbekistan

For the fourth year in a row, Uzbekistan recorded growth in shipments abroad of new pneumatic tyres, of rubbers, which increased by 2,108% to 281K units in 2022. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, new pneumatic tyres, of rubber exports soared to $5.1M in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of New Pneumatic Tyres, of Rubber in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A4,2950%
Kyrgyzstan28.459.664.6524164.2%
Azerbaijan1.41.51.3164389.3%
UkraineN/A113371N/A228.3%
Others34.717019171.427.2%
Total64.53446285,054327.9%

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

  1. Russia (220.2K units)
  2. Kyrgyzstan (53.2K units)
  3. Azerbaijan (5.8K units)

Source: IndexBox Market Intelligence Platform

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