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

Contents:

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

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

The average import price for rubber; inner tubes, of a kind used on bicycleses stood at $1 per unit in 2022, rising by 16% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 54%. The import price peaked at $1.1 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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) ($2.1 per unit), while the price for Hong Kong SAR ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sierra Leone (+723.1%), 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 South Africa (FOB) - 2022

The average export price for rubber; inner tubes, of a kind used on bicycleses stood at $2.5 per unit in 2022, growing by 2.8% against the previous year. In general, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% 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 +122.0% against 2019 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 58%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Zimbabwe ($3.6 per unit), while the average price for exports to Lesotho ($1.6 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 Sierra Leone (+28.5%), 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 South Africa

In 2022, supplies from abroad of rubber; inner tubes, of a kind used on bicycleses decreased by -61.2% to 1.1M units for the first time since 2018, thus ending a three-year rising trend. In general, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 64% against the previous year. As a result, imports reached the peak of 2.9M units, and then declined significantly in the following year.

In value terms, imports of rubber; inner tubes, of a kind used on bicycleses reduced notably to $1.1M in 2022. Over the period under review, imports showed a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 85% against the previous year. As a result, imports attained the peak of $2.5M, and then declined significantly in the following year.

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

1. China (589.7K units)
2. India (373.4K units)
3. Taiwan (Chinese) (49.9K units)
4. Thailand (48.5K units)
5. Sri Lanka (44.5K units)

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

Exports of rubber; inner tubes, of a kind used on bicycleses from South Africa fell rapidly to 39K units in 2022, dropping by -31.7% compared with the previous year. Overall, exports faced a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 1.3% against the previous year. The exports peaked at 84K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of rubber; inner tubes, of a kind used on bicycleses fell markedly to $97K in 2022. Over the period under review, total exports indicated a slight increase from 2019 to 2022: its value increased at an average annual rate of +1.1% over the last three years. 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 39% against the previous year. As a result, the exports attained the peak of $139K, and then reduced sharply in the following year.

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

1. Namibia (23.2K units)
2. Botswana (5.1K units)
3. Sierra Leone (2.5K units)
4. Swaziland (2.3K units)
5. Lesotho (2.2K units)
6. Zambia (1.1K units)
7. Mozambique (0.2K units)

Source: IndexBox Market Intelligence Platform