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

Contents:

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

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

In 2022, the average import price for rubber; inner tubes, of a kind used on bicycleses amounted to $0.7 per unit, approximately reflecting the previous year. Overall, the import price saw a perceptible decline. The most prominent rate of growth was recorded in 2021 an increase of 5.4%. The import price peaked at $1.1 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($0.9 per unit), while the price for India stood at $0.7 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.5%).

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

In 2022, purchases abroad of rubber; inner tubes, of a kind used on bicycleses decreased by -28.4% to 1.3M units, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated a noticeable increase from 2019 to 2022: its volume increased at an average annual rate of +2.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -32.6% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 57%. As a result, imports attained the peak of 2M units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of rubber; inner tubes, of a kind used on bicycleses fell markedly to $926K in 2022. In general, total imports indicated a mild increase from 2019 to 2022: its value increased at an average annual rate of +1.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -29.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 46%. As a result, imports reached the peak of $1.3M. 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 Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India8891,2891,2708970.3%
China8.325.832.127.348.7%
Others0.50.22.81.440.9%
Total8981,3141,3059261.0%

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

  1. India (1302.7K units)
  2. China (31.9K units)

Source: IndexBox Market Intelligence Platform

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