Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Singapore - 2023

Contents:

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

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

In 2022, the average import price for rubber; inner tubes, of a kind used on bicycleses amounted to $1.5 per unit, declining by -32.9% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 an increase of 47%. As a result, import price reached the peak level of $2.2 per unit, and then declined markedly in the following year.

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 Taiwan (Chinese) ($2 per unit), while the price for China ($1.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+4.5%), 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 Singapore (FOB) - 2022

The average export price for rubber; inner tubes, of a kind used on bicycleses stood at $3.9 per unit in 2022, declining by -16.5% against the previous year. Overall, the export price, however, continues to indicate strong growth. The pace of growth appeared the most rapid in 2013 an increase of 118%. The export price peaked at $5.2 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brunei Darussalam ($6.6 per unit), while the average price for exports to Taiwan (Chinese) ($1.1 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 Indonesia (+10.8%), 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 Singapore

In 2022, imports of rubber; inner tubes, of a kind used on bicycleses into Singapore rose remarkably to 427K units, picking up by 5.2% compared with the year before. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +10.9% 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 -21.6% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 74%. As a result, imports attained the peak of 544K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of rubber; inner tubes, of a kind used on bicycleses fell significantly to $634K in 2022. In general, imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2020 with an increase of 121% against the previous year. Over the period under review, imports of reached the peak figure at $897K in 2021, and then declined markedly in the following year.

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

1. China (317.3K units)
2. Vietnam (45.2K units)
3. Taiwan (Chinese) (38.1K units)
4. Thailand (13.1K units)

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

After three years of growth, shipments abroad of rubber; inner tubes, of a kind used on bicycleses decreased by -96.3% to 4.2K units in 2022. Over the period under review, exports saw a dramatic downturn. The growth pace was the most rapid in 2020 with an increase of 383%. The exports peaked at 115K units in 2021, and then dropped remarkably in the following year.

In value terms, exports of rubber; inner tubes, of a kind used on bicycleses plummeted to $17K in 2022. Overall, exports faced a precipitous descent. The most prominent rate of growth was recorded in 2020 when exports increased by 661%. The exports peaked at $541K in 2021, and then dropped rapidly in the following year.

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

1. Malaysia (2090.0 units)
2. Indonesia (1098.0 units)
3. Taiwan (Chinese) (639.0 units)
4. Thailand (192.0 units)
5. Brunei Darussalam (167.0 units)

Source: IndexBox Market Intelligence Platform