Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Malaysia - 2024
Contents:
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Malaysia (CIF) - 2022
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Malaysia (FOB) - 2022
- Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Malaysia
- Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Malaysia
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Malaysia (CIF) - 2022
The average import price for rubber; inner tubes, of a kind used on bicycleses stood at $0.9 per unit in 2022, increasing by 3.2% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 27% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($1 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 China (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Malaysia (FOB) - 2022
In 2022, the average export price for rubber; inner tubes, of a kind used on bicycleses amounted to $1.6 per unit, declining by -27.4% against the previous year. Overall, the export price, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2020 an increase of 176% against the previous year. Over the period under review, the average export prices reached the maximum at $2.2 per unit in 2021, and then fell rapidly in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($1.6 per unit), while the average price for exports to Brunei Darussalam amounted to $1.5 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+10.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Malaysia
After three years of growth, purchases abroad of rubber; inner tubes, of a kind used on bicycleses decreased by -47.8% to 1.9M units in 2022. In general, imports continue to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 46%. As a result, imports reached the peak of 3.7M units, and then reduced markedly in the following year.
In value terms, imports of rubber; inner tubes, of a kind used on bicycleses fell remarkably to $1.6M in 2022. Over the period under review, imports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2021 when imports increased by 85% against the previous year. As a result, imports reached the peak of $3M, and then contracted significantly in the following year.
Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,198 | 1,528 | 2,480 | 1,383 | 4.9% |
Thailand | 88.4 | 72.6 | 210 | 122 | 11.3% |
Indonesia | 79.1 | 28.2 | 179 | 89.7 | 4.3% |
Others | 14.4 | 13.7 | 169 | 41.8 | 42.6% |
Total | 1,380 | 1,643 | 3,038 | 1,636 | 5.8% |
Top Suppliers of Rubber; Inner Tubes, of A Kind Used On Bicycles to Malaysia in 2022:
- China (1669.7K units)
- Thailand (125.0K units)
- Indonesia (97.3K units)
Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Malaysia
Exports of rubber; inner tubes, of a kind used on bicycleses from Malaysia reduced remarkably to 6.7K units in 2022, dropping by -31.6% on the year before. Overall, exports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2021 when exports increased by 14% against the previous year. The exports peaked at 115K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of rubber; inner tubes, of a kind used on bicycleses contracted significantly to $11K in 2022. Over the period under review, exports recorded a precipitous decrease. The growth pace was the most rapid in 2021 with an increase of 87%. Over the period under review, the exports of reached the peak figure at $56K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brunei Darussalam | N/A | 9.9 | 7.0 | 9.8 | -0.5% |
Philippines | 3.7 | 1.7 | 4.1 | 0.3 | -56.7% |
Thailand | 48.8 | N/A | N/A | N/A | 0% |
Singapore | 3.9 | N/A | 10.6 | N/A | 64.9% |
Others | N/A | N/A | N/A | 0.7 | 0% |
Total | 56.3 | 11.6 | 21.7 | 10.8 | -42.3% |
Top Export Markets for Rubber; Inner Tubes, of A Kind Used On Bicycles from Malaysia in 2022:
- Brunei Darussalam (6.5K units)
- Philippines (0.2K units)
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