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

Contents:

  1. Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Oman (CIF) - 2022
  2. Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Oman (FOB) - 2022
  3. Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Oman
  4. Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Oman

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

The average import price for rubber; inner tubes, of a kind used on bicycleses stood at $1.4 per unit in 2022, with an increase of 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Mauritius ($1.4 per unit) and the United Arab Emirates ($1.4 per unit), while the price for Sri Lanka ($1.4 per unit) and China ($1.4 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for rubber; inner tubes, of a kind used on bicycleses amounted to $1.1 per unit, rising by 2.2% against the previous year. In general, the export price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2015 an increase of 79%. As a result, the export price reached the peak level of $4.6 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Iran.

From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to -8.5% per year.

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

In 2022, overseas purchases of rubber; inner tubes, of a kind used on bicycleses decreased by -29.4% to 207K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 82%. As a result, imports attained the peak of 294K units, and then shrank markedly in the following year.

In value terms, imports of rubber; inner tubes, of a kind used on bicycleses shrank significantly to $288K in 2022. Overall, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 100% against the previous year. As a result, imports reached the peak of $355K, and then shrank dramatically in the following year.

Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates28.924.111597.950.2%
India41.183.112989.529.6%
China26.465.410785.047.7%
MauritiusN/AN/AN/A11.60%
Others11.24.54.63.6-31.5%
Total10817735528838.7%

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

  1. United Arab Emirates (70.6K units)
  2. India (64.6K units)
  3. China (61.3K units)
  4. Mauritius (8.4K units)

Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Oman

In 2022, after three years of growth, there was decline in overseas shipments of rubber; inner tubes, of a kind used on bicycleses, when their volume decreased by 0% to 202 units. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 319% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of rubber; inner tubes, of a kind used on bicycleses stood at $228 in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 321%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in Oman (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran48.019122322667.6%
Qatar4.013.0N/AN/A225.0%
United Arab EmiratesN/A15.0N/AN/A0%
OthersN/AN/AN/A2.00%
Total52.021922322863.7%

Top Export Markets for Rubber; Inner Tubes, of A Kind Used On Bicycles from Oman in 2022:

  1. Iran (200.0 units)

Source: IndexBox Market Intelligence Platform

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