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

Contents:

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

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

The average import price for rubber; inner tubes, of a kind used on bicycleses stood at $1.1 per unit in 2022, with an increase of 3.1% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 61%. As a result, import price attained the peak level of $1.5 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 Germany ($2.5 per unit), while the price for China ($0.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+70.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, overseas purchases of rubber; inner tubes, of a kind used on bicycleses decreased by -10% to 132K units, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 207% against the previous year. As a result, imports attained the peak of 147K 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 to $144K in 2022. Overall, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 127%. As a result, imports attained the peak of $166K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17.869.078.135.726.1%
United Arab Emirates0.30.97.219.0298.6%
Thailand9.510.46.718.825.5%
Taiwan (Chinese)0.82.42.314.2160.9%
India6.929.937.813.224.1%
United States2.90.72.09.146.4%
MauritiusN/AN/A9.94.8-51.5%
Others34.752.510.628.9-5.9%
Total72.916615514425.5%

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

  1. China (46.5K units)
  2. United Arab Emirates (24.2K units)
  3. India (17.2K units)
  4. Thailand (12.8K units)
  5. Taiwan (Chinese) (9.9K units)
  6. United States (6.4K units)
  7. Mauritius (3.9K units)

Source: IndexBox Market Intelligence Platform

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