Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Belarus - 2022

Contents:

  1. Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Belarus (CIF) - 2022
  2. Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Belarus (FOB) - 2022
  3. Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Belarus
  4. Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Belarus

Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Belarus (CIF) - 2022

In March 2022, the average import price for rubber; inner tubes, of a kind used on bicycleses amounted to $796 per thousand units, picking up by 7.9% against the previous month. Over the period from February 2022 to March 2022, it increased at an average monthly rate of +7.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was the Czech Republic ($1.3 per unit), while the price for China ($570 per thousand units) was amongst the lowest.

From February 2022 to March 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+161.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Belarus (FOB) - 2022

In 2022, the average export price for rubber; inner tubes, of a kind used on bicycleses amounted to $0.4 per unit, surging by 4.9% against the previous year. Overall, the export price, however, saw a deep reduction. The most prominent rate of growth was recorded in 2020 an increase of 18%. The export price peaked at $0.9 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -8.1% per year.

Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Belarus

In 2022, the amount of rubber; inner tubes, of a kind used on bicycleses imported into Belarus shrank sharply to 528K units, declining by -76.9% on the previous year's figure. Overall, imports faced a precipitous descent. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year. As a result, imports attained the peak of 2.3M units, and then contracted remarkably in the following year.

In value terms, imports of rubber; inner tubes, of a kind used on bicycleses contracted significantly to $507K in 2022. In general, imports showed a dramatic contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. As a result, imports attained the peak of $1.6M, and then reduced notably in the following year.

Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,1697801,208246-40.5%
Russia1422742761563.2%
India10.954.942.921.725.8%
Thailand13.785.319.019.512.5%
Czech Republic28.518.332.516.4-16.8%
Vietnam3.85.97.98.229.2%
Sri Lanka6.27.69.06.1-0.5%
Others56.037.646.332.9-16.2%
Total1,4311,2641,641507-29.2%

Top Suppliers of Rubber; Inner Tubes, of A Kind Used On Bicycles to Belarus in 2022:

  1. China (307.3K units)
  2. Russia (76.2K units)
  3. Sri Lanka (47.3K units)
  4. India (33.3K units)
  5. Thailand (25.6K units)
  6. Vietnam (11.0K units)
  7. Czech Republic (10.0K units)

Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Belarus

Exports of rubber; inner tubes, of a kind used on bicycleses from Belarus reduced slightly to 1.1M units in 2022, with a decrease of -4.2% compared with the year before. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 72% against the previous year. As a result, the exports attained the peak of 1.2M units, and then reduced in the following year.

In value terms, exports of rubber; inner tubes, of a kind used on bicycleses totaled $428K in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 62% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia25925542442317.8%
Others6.68.81.95.3-7.1%
Total26626442642817.2%

Top Export Markets for Rubber; Inner Tubes, of A Kind Used On Bicycles from Belarus in 2022:

  1. Russia (1114.5K units)

Source: IndexBox Market Intelligence Platform

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