Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Iraq - 2022

Contents:

  1. Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Iraq (CIF) - 2022
  2. Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Iraq

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

The average import price for rubber; inner tubes, of a kind used on bicycleses stood at $0.9 per unit in 2022, rising by 19% against the previous year. Overall, the import price, however, showed a slight slump. Over the period under review, average import prices reached the peak figure at $1 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Vietnam ($1.4 per unit), while the price for India ($0.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the amount of rubber; inner tubes, of a kind used on bicycleses imported into Iraq contracted slightly to 4.6M units, waning by -1.7% against the previous year's figure. The total import volume increased at an average annual rate of +6.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 32%. As a result, imports reached the peak of 4.7M units, and then contracted modestly in the following year.

In value terms, imports of rubber; inner tubes, of a kind used on bicycleses soared to $4M in 2022. The total import value increased at an average annual rate of +7.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.

Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5016874531,25235.7%
India1,2471,1801,8581,233-0.4%
Thailand830721732786-1.8%
VietnamN/AN/A73.5377412.9%
PakistanN/A52.6257212100.8%
IndonesiaN/AN/AN/A1200%
United Arab Emirates67224350.530.6-64.3%
Others4.5N/A8.2N/A35.0%
Total3,2552,8823,4334,0117.2%

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

  1. India (1895.2K units)
  2. Thailand (1151.9K units)
  3. China (884.2K units)
  4. Pakistan (304.8K units)
  5. Vietnam (266.1K units)
  6. Indonesia (85.1K units)
  7. United Arab Emirates (21.6K units)

Source: IndexBox Market Intelligence Platform

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