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

Contents:

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

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

The average export price for rubber; inner tubes, of a kind used on bicycleses stood at $1.1 per unit in 2022, surging by 9.4% against the previous year. Over the period under review, the export price, however, continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2021 an increase of 18% against the previous year. Over the period under review, the average export prices attained the maximum at $1.2 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Sweden ($1.8 per unit), while the average price for exports to Belarus ($0.1 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 the United Arab Emirates (+25.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for rubber; inner tubes, of a kind used on bicycleses stood at $1.4 per unit in 2022, picking up by 22% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for rubber; inner tubes, of a kind used on bicycleses decreased by -15.4% against 2020 indices. The growth pace was the most rapid in 2018 when the average import price increased by 51%. Over the period under review, average import prices attained the maximum at $1.6 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bangladesh ($13 per unit), while the price for India ($0.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+27.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 2.9M units of rubber; inner tubes, of a kind used on bicycleses were exported from Sri Lanka; waning by -17.2% compared with 2021 figures. In general, exports showed a perceptible contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 25% against the previous year. As a result, the exports attained the peak of 3.5M units, and then declined rapidly in the following year.

In value terms, exports of rubber; inner tubes, of a kind used on bicycleses contracted to $3M in 2022. The total export value increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 48% against the previous year. As a result, the exports reached the peak of $3.4M, and then contracted in the following year.

Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil19035650049938.0%
Netherlands20214528236321.6%
Sweden24.449.7290250117.2%
Germany34.064.021623690.8%
Bangladesh14710227622915.9%
Israel13873.51201410.7%
Romania32417182.6114-29.4%
Egypt62.510075.778.17.7%
United Arab Emirates58.466.012872.27.3%
Italy64.633.571.966.00.7%
Poland37.328.322.765.220.5%
SudanN/AN/A3.758.71486.5%
Belarus5.96.48.79.517.2%
Others1,3591,0711,274856-14.3%
Total2,6472,2673,3503,0374.7%

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

  1. Brazil (409.7K units)
  2. Netherlands (358.4K units)
  3. Germany (246.5K units)
  4. Bangladesh (219.9K units)
  5. Sweden (139.3K units)
  6. Israel (117.8K units)
  7. Italy (112.0K units)
  8. Romania (109.1K units)
  9. Egypt (104.3K units)
  10. Belarus (88.7K units)
  11. Sudan (75.4K units)
  12. United Arab Emirates (69.1K units)
  13. Poland (54.8K units)

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

In 2022, imports of rubber; inner tubes, of a kind used on bicycleses into Sri Lanka surged to 143K units, rising by 18% on the previous year. In general, imports, however, recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 26%. As a result, imports reached the peak of 370K 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 skyrocketed to $197K in 2022. Overall, imports, however, showed a dramatic downturn. Over the period under review, imports of attained the maximum at $601K in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China426575128188-23.9%
India19.14.74.35.6-33.6%
Vietnam12.810.71.10.5-66.1%
Others6.510.83.03.6-17.9%
Total465601137197-24.9%

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

  1. China (132.1K units)
  2. India (9.5K units)
  3. Vietnam (0.4K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Rubber; inner tubes, of a kind used on bicycles - Sri Lanka