Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Ethiopia - 2022
Contents:
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Ethiopia (CIF) - 2022
- Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Ethiopia
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Ethiopia (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 19% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. As a result, import price reached 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 2022, amid the top importers, the country with the highest price was Thailand ($1.7 per unit), while the price for Japan ($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 (+13.1%), 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 Ethiopia
In 2022, the amount of rubber; inner tubes, of a kind used on bicycleses imported into Ethiopia contracted sharply to 499K units, waning by -44.6% on the previous year's figure. In general, imports continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 69%. As a result, imports reached the peak of 901K units, and then reduced remarkably in the following year.
In value terms, imports of rubber; inner tubes, of a kind used on bicycleses contracted sharply to $693K in 2022. Overall, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 80%. As a result, imports attained the peak of $1M, and then dropped notably in the following year.
| Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 799 | 422 | 317 | 456 | -17.1% |
| Pakistan | N/A | 74.4 | 630 | 124 | 29.1% |
| Thailand | 75.2 | 36.7 | 46.3 | 46.5 | -14.8% |
| India | 17.9 | 28.2 | 33.6 | 31.6 | 20.9% |
| Japan | 39.6 | 12.8 | 8.1 | 21.7 | -18.2% |
| South Korea | 7.5 | 7.6 | 10.0 | 10.5 | 11.9% |
| Others | 1.6 | 1.4 | 1.5 | 2.2 | 11.2% |
| Total | 941 | 583 | 1,047 | 693 | -9.7% |
Top Suppliers of Rubber; Inner Tubes, of A Kind Used On Bicycles to Ethiopia in 2022:
- China (328.0K units)
- Pakistan (89.6K units)
- Thailand (27.0K units)
- India (22.7K units)
- Japan (20.2K units)
- South Korea (9.6K units)
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