Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Egypt - 2023

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

The average import price for rubber; inner tubes, of a kind used on bicycleses stood at $1.4 per unit in 2022, surging by 12% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for rubber; inner tubes, of a kind used on bicycleses decreased by -18.2% against 2019 indices. The growth pace was the most rapid in 2019 when the average import price increased by 54% against the previous year. As a result, import price reached the peak level of $1.7 per unit. From 2020 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Pakistan ($2.2 per unit), while the price for Sri Lanka ($1.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+1.1%), 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 Egypt (FOB) - 2022

The average export price for rubber; inner tubes, of a kind used on bicycleses stood at $2.1 per unit in 2022, standing approx. at the previous year. In general, the export price saw a precipitous setback. The pace of growth appeared the most rapid in 2020 a decrease of -31.9% against the previous year. Over the period under review, the average export prices hit record highs at $7.4 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sudan ($2.2 per unit), while the average price for exports to Thailand totaled $1.4 per unit.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (-31.9%).

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

In 2022, supplies from abroad of rubber; inner tubes, of a kind used on bicycleses decreased by -36.2% to 608K units, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a precipitous descent. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. As a result, imports reached the peak of 1.5M units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of rubber; inner tubes, of a kind used on bicycleses contracted notably to $824K in 2022. Overall, imports recorded a dramatic setback. The pace of growth appeared the most rapid in 2020 with an increase of 5.1% against the previous year. As a result, imports reached the peak of $2.1M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Egypt (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1,048	1,146	581	403	-27.3%
India	277	221	180	122	-23.9%
Pakistan	221	351	56.0	79.6	-28.9%
Indonesia	158	135	22.0	51.5	-31.2%
Thailand	113	116	41.1	48.6	-24.5%
Sri Lanka	12.0	14.6	22.5	19.9	18.4%
Vietnam	65.6	22.2	17.9	14.0	-40.2%
Others	141	133	230	85.4	-15.4%
Total	2,036	2,139	1,152	824	-26.0%

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

China (335.4K units)
India (101.6K units)
Indonesia (42.9K units)
Thailand (40.4K units)
Pakistan (35.4K units)
Sri Lanka (18.6K units)
Vietnam (11.7K units)

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

In 2022, overseas shipments of rubber; inner tubes, of a kind used on bicycleses decreased by 0% to 239 units, falling for the second consecutive year after two years of growth. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 311% against the previous year. As a result, the exports attained the peak of 296 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of rubber; inner tubes, of a kind used on bicycleses totaled $501 in 2022. Over the period under review, exports saw a pronounced curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 180%. As a result, the exports attained the peak of $1.5K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.