Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Canada - 2024
Contents:
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Canada (CIF) - 2022
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Canada (FOB) - 2022
- Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Canada
- Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Canada
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Canada (CIF) - 2022
In 2022, the average import price for rubber; inner tubes, of a kind used on bicycleses amounted to $1.9 per unit, shrinking by -6.9% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 17% against the previous year. As a result, import price reached the peak level of $2 per unit, and then fell 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 Taiwan (Chinese) ($2.4 per unit), while the price for Thailand ($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 China (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Canada (FOB) - 2022
In 2022, the average export price for rubber; inner tubes, of a kind used on bicycleses amounted to $2.2 per unit, surging by 30% against the previous year. In general, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for rubber; inner tubes, of a kind used on bicycleses increased by +106.8% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
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 the United States ($2.2 per unit), while the average price for exports to France ($0.8 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 the United States (+1.4%), while the prices for the other major destinations experienced a decline.
Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Canada
For the fourth consecutive year, Canada recorded growth in purchases abroad of rubber; inner tubes, of a kind used on bicycleses, which increased by 26% to 3.7M units in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of rubber; inner tubes, of a kind used on bicycleses surged to $7M in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 79% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.
Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.6 | 1.7 | 3.3 | 3.3 | 27.3% |
Thailand | 0.1 | 0.7 | 1.0 | 2.2 | 180.2% |
Taiwan (Chinese) | 1.3 | 0.7 | 1.2 | 1.1 | -5.4% |
Others | 0.1 | 0.2 | 0.4 | 0.5 | 71.0% |
Total | 3.1 | 3.3 | 6.0 | 7.0 | 31.2% |
Top Suppliers of Rubber; Inner Tubes, of A Kind Used On Bicycles to Canada in 2022:
- China (1595.5K units)
- Thailand (1510.1K units)
- Taiwan (Chinese) (449.1K units)
Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Canada
After three years of growth, overseas shipments of rubber; inner tubes, of a kind used on bicycleses decreased by -0.2% to 292K units in 2022. Overall, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 205%. As a result, the exports attained the peak of 292K units, leveling off in the following year.
In value terms, exports of rubber; inner tubes, of a kind used on bicycleses surged to $646K in 2022. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 289% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in Canada (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 93.7 | 122 | 478 | 640 | 89.7% |
France | 3.1 | 0.5 | 12.3 | 2.0 | -13.6% |
Spain | 1.8 | 3.2 | 6.2 | N/A | 85.6% |
Others | 6.0 | 2.5 | 1.1 | 4.2 | -11.2% |
Total | 105 | 128 | 498 | 646 | 83.2% |
Top Export Markets for Rubber; Inner Tubes, of A Kind Used On Bicycles from Canada in 2022:
- United States (286.0K units)
- France (2.4K units)
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