Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Serbia - 2024

Contents:

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

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

In 2022, the average export price for rubber; inner tubes, of a kind used on bicycleses amounted to $2 per unit, increasing by 5.5% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for rubber; inner tubes, of a kind used on bicycleses increased by +108.4% against 2016 indices. The pace of growth appeared the most rapid in 2017 an increase of 35%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($2.4 per unit), while the average price for exports to Bosnia and Herzegovina ($0.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+9.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for rubber; inner tubes, of a kind used on bicycleses amounted to $1.3 per unit, increasing by 16% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($1.7 per unit), while the price for the Czech Republic ($1.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, shipments abroad of rubber; inner tubes, of a kind used on bicycleses decreased by -37% to 3.3M units for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated perceptible growth 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. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. As a result, the exports reached the peak of 5.3M units, and then fell sharply in the following year.

In value terms, exports of rubber; inner tubes, of a kind used on bicycleses reduced rapidly to $6.8M in 2022. Overall, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 68%. As a result, the exports reached the peak of $10M, and then reduced markedly in the following year.

Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France4.65.49.35.77.4%
RomaniaN/AN/A0.10.6500.0%
Turkey0.30.40.40.2-12.6%
Bosnia and Herzegovina0.10.10.20.10.0%
Others0.10.10.20.10.0%
Total5.16.110.26.810.1%

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

  1. France (2375.2K units)
  2. Romania (432.9K units)
  3. Turkey (270.5K units)
  4. Bosnia and Herzegovina (187.8K units)

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

In 2022, imports of rubber; inner tubes, of a kind used on bicycleses into Serbia rose notably to 346K units, growing by 5.1% compared with 2021 figures. In general, imports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 48%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of rubber; inner tubes, of a kind used on bicycleses skyrocketed to $440K in 2022. Over the period under review, imports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 48% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam35.984.410115663.2%
Czech Republic46.246.212814747.1%
China73.687.112912920.6%
Bulgaria7.821.00.8N/A-68.0%
Others7.25.63.47.51.4%
Total17124436244037.0%

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

  1. Czech Republic (135.5K units)
  2. China (105.6K units)
  3. Vietnam (101.6K units)

Source: IndexBox Market Intelligence Platform

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