Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Hungary - 2023
Contents:
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Hungary (CIF) - 2022
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Hungary (FOB) - 2022
- Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Hungary
- Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Hungary
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Hungary (CIF) - 2022
In 2022, the average import price for rubber; inner tubes, of a kind used on bicycleses amounted to $1.4 per unit, growing by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. As a result, import price attained 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 Taiwan (Chinese) ($1.6 per unit), while the price for Thailand ($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 India (+6.5%), 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 Hungary (FOB) - 2022
In 2022, the average export price for rubber; inner tubes, of a kind used on bicycleses amounted to $1.9 per unit, increasing by 5.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The growth pace was the most rapid in 2021 when the average export price increased by 24%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovakia ($2.1 per unit) and Croatia ($1.8 per unit), while the average price for exports to Serbia ($1.7 per unit) and Romania ($1.8 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Hungary
In 2022, imports of rubber; inner tubes, of a kind used on bicycleses into Hungary expanded significantly to 3M units, surging by 14% compared with the year before. The total import volume increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of rubber; inner tubes, of a kind used on bicycleses skyrocketed to $4.1M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,016 | 925 | 1,024 | 1,577 | 15.8% |
| China | 434 | 322 | 798 | 778 | 21.5% |
| Thailand | 275 | 254 | 211 | 446 | 17.5% |
| Czech Republic | 273 | 294 | 260 | 326 | 6.1% |
| Taiwan (Chinese) | 1.9 | 1.7 | 46.3 | 256 | 412.7% |
| India | 127 | 138 | 375 | 175 | 11.3% |
| France | 69.9 | 78.8 | 84.8 | 155 | 30.4% |
| Spain | 120 | 101 | 158 | 93.5 | -8.0% |
| Slovenia | 268 | 173 | 170 | N/A | -20.4% |
| Others | 121 | 100 | 121 | 282 | 32.6% |
| Total | 2,705 | 2,388 | 3,248 | 4,088 | 14.8% |
Top Suppliers of Rubber; Inner Tubes, of A Kind Used On Bicycles to Hungary in 2022:
- Germany (1082.5K units)
- China (631.7K units)
- Thailand (416.3K units)
- Czech Republic (249.1K units)
- Taiwan (Chinese) (156.5K units)
- India (146.0K units)
- France (105.2K units)
- Spain (67.3K units)
Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Hungary
In 2022, after three years of growth, there was significant decline in overseas shipments of rubber; inner tubes, of a kind used on bicycleses, when their volume decreased by -12% to 83K units. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.8% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 39%. As a result, the exports reached the peak of 94K units, and then declined in the following year.
In value terms, exports of rubber; inner tubes, of a kind used on bicycleses dropped to $155K in 2022. In general, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 73% against the previous year. As a result, the exports attained the peak of $166K, and then reduced in the following year.
| Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 51.4 | 61.3 | 72.6 | 89.8 | 20.4% |
| Slovakia | 11.9 | 13.3 | 60.4 | 49.8 | 61.1% |
| Serbia | 0.3 | 3.5 | 5.7 | 8.8 | 208.4% |
| Croatia | 0.6 | 5.1 | 9.9 | 3.4 | 78.3% |
| Austria | 5.2 | 10.4 | 16.8 | 0.1 | -73.2% |
| Turkey | 7.2 | 0.5 | N/A | N/A | -93.1% |
| Others | 1.4 | 2.1 | 1.0 | 3.0 | 28.9% |
| Total | 78.1 | 96.1 | 166 | 155 | 25.7% |
Top Export Markets for Rubber; Inner Tubes, of A Kind Used On Bicycles from Hungary in 2022:
- Romania (50.5K units)
- Slovakia (23.8K units)
- Serbia (5.1K units)
- Croatia (1.9K units)
- Austria (0.1K units)
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