Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Ecuador - 2022
Contents:
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Ecuador (CIF) - 2022
- Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Ecuador
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Ecuador (CIF) - 2022
The average import price for rubber; inner tubes, of a kind used on bicycleses stood at $1.4 per unit in 2022, growing by 61% against the previous year. In general, the import price saw a measured expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($1.5 per unit) and India ($1.5 per unit), while the price for Thailand ($1 per unit) and Colombia ($1.3 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Ecuador
In 2022, supplies from abroad of rubber; inner tubes, of a kind used on bicycleses decreased by -63.2% to 544K units, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 83% against the previous year. As a result, imports attained the peak of 1.9M units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of rubber; inner tubes, of a kind used on bicycleses declined rapidly to $755K in 2022. Overall, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 89%. Over the period under review, imports of reached the peak figure at $1.3M in 2021, and then shrank rapidly in the following year.
Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Ecuador (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 417 | 868 | 883 | 547 | 9.5% |
Thailand | 26.5 | 70.1 | 112 | 78.0 | 43.3% |
Vietnam | 56.2 | 117 | 143 | 56.8 | 0.4% |
Colombia | 73.3 | 65.4 | 43.1 | 26.4 | -28.9% |
Taiwan (Chinese) | 26.0 | 24.3 | 26.5 | 19.1 | -9.8% |
India | 31.6 | 53.7 | 50.2 | 11.8 | -28.0% |
Others | 9.4 | 12.7 | 16.3 | 16.6 | 20.9% |
Total | 640 | 1,211 | 1,274 | 755 | 5.7% |
Top Suppliers of Rubber; Inner Tubes, of A Kind Used On Bicycles to Ecuador in 2022:
- China (376.4K units)
- Thailand (75.7K units)
- Vietnam (39.1K units)
- Colombia (19.6K units)
- Taiwan (Chinese) (13.1K units)
- India (8.2K units)
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