Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Mexico - 2023
Contents:
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Mexico (CIF) - 2023
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Mexico (FOB) - 2022
- Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Mexico
- Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Mexico
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Mexico (CIF) - 2023
The average import price for rubber; inner tubes, of a kind used on bicycleses stood at $682 per thousand units in December 2023, falling by -9.6% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The import price peaked at $754 per thousand units in November 2023, and then fell in the following month.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was China ($697 per thousand units), while the price for India totaled $656 per thousand units.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by China (-0.4%).
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Mexico (FOB) - 2022
The average export price for rubber; inner tubes, of a kind used on bicycleses stood at $5.3 per unit in 2022, rising by 6.4% against the previous year. Overall, the export price showed a strong expansion. The growth pace was the most rapid in 2015 an increase of 182% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($4.9 per unit), while the average price for exports to Belize totaled $1.7 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belize (+7.3%), 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 Mexico
In 2022, purchases abroad of rubber; inner tubes, of a kind used on bicycleses decreased by -69% to 3.8M units for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a sharp decline. The pace of growth appeared the most rapid in 2020 with an increase of 7.9% against the previous year. Imports peaked at 12M units in 2021, and then fell markedly in the following year.
In value terms, imports of rubber; inner tubes, of a kind used on bicycleses fell markedly to $3.7M in 2022. Overall, imports showed a precipitous curtailment. The growth pace was the most rapid in 2020 when imports increased by 11%. As a result, imports reached the peak of $13M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.0 | 8.5 | 9.5 | 2.9 | -25.5% |
| India | 4.0 | 3.4 | 0.4 | 0.8 | -41.5% |
| Thailand | 0.2 | 0.5 | 0.2 | N/A | 0.0% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 11.3 | 12.6 | 10.1 | 3.7 | -31.1% |
Top Suppliers of Rubber; Inner Tubes, of A Kind Used On Bicycles to Mexico in 2022:
- China (2.9M units)
- India (0.9M units)
Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Mexico
In 2022, overseas shipments of rubber; inner tubes, of a kind used on bicycleses decreased by -26.6% to 67K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 86% against the previous year. The exports peaked at 92K units in 2021, and then shrank dramatically in the following year.
In value terms, exports of rubber; inner tubes, of a kind used on bicycleses dropped notably to $357K in 2022. In general, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 55% against the previous year. As a result, the exports attained the peak of $457K, and then declined sharply in the following year.
| Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 202 | 295 | 411 | 322 | 16.8% |
| Belize | N/A | N/A | 1.6 | 1.9 | 18.7% |
| Others | 1.5 | 0.1 | 45.0 | 33.8 | 182.5% |
| Total | 203 | 295 | 457 | 357 | 20.7% |
Top Export Markets for Rubber; Inner Tubes, of A Kind Used On Bicycles from Mexico in 2022:
- United States (65.8K units)
- Belize (1.1K units)
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