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

Contents:

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

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

The average import price for rubber; inner tubes, of a kind used on bicycleses stood at $1.9 per unit in 2022, shrinking by -5.2% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 15% against the previous year. Over the period under review, average import prices hit record highs at $2 per unit in 2021, 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) ($2.8 per unit), while the price for China ($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 Taiwan (Chinese) (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for rubber; inner tubes, of a kind used on bicycleses amounted to $3.1 per unit, reducing by -2.1% against the previous year. Overall, the export price showed a mild contraction. The pace of growth appeared the most rapid in 2014 when the average export price increased by 27%. Over the period under review, the average export prices reached the maximum at $4.2 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($12 per unit), while the average price for exports to Estonia ($2.2 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 Russia (+18.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the fourth consecutive year, Finland recorded growth in supplies from abroad of rubber; inner tubes, of a kind used on bicycleses, which increased by 24% to 1.9M units in 2022. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 60% against the previous year. Imports peaked 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 soared to $3.7M in 2022. Overall, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 64% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5251,2531,6151,56643.9%
Sweden6.5226633634360.3%
Denmark0.340.33825791145.0%
China775113179276-29.1%
Thailand21.497.2151249126.6%
Czech Republic80.594.293.618231.2%
Indonesia70.160.681.716934.1%
Others17166.057.689.8-19.3%
Total1,6511,9513,1923,74631.4%

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

  1. Germany (773.7K units)
  2. China (250.3K units)
  3. Sweden (233.9K units)
  4. Denmark (219.2K units)
  5. Thailand (158.3K units)
  6. Czech Republic (143.9K units)
  7. Indonesia (125.7K units)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of rubber; inner tubes, of a kind used on bicycleses, when their volume decreased by -34.6% to 176K units. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 909%. The exports peaked at 269K units in 2021, and then contracted markedly in the following year.

In value terms, exports of rubber; inner tubes, of a kind used on bicycleses fell notably to $542K in 2022. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,006%. Over the period under review, the exports of attained the maximum at $845K in 2021, and then reduced notably in the following year.

Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden11.6437761478245.4%
Austria0.44.015.324.3293.1%
Estonia18.722.819.217.9-1.4%
Norway6.433.233.99.915.7%
Others8.79.815.411.49.4%
Total45.8507845542127.9%

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

  1. Sweden (157.5K units)
  2. Estonia (8.0K units)
  3. Austria (7.4K units)
  4. Norway (1.1K units)

Source: IndexBox Market Intelligence Platform

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