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

Contents:

1. Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Thailand (FOB) - 2024
2. Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Thailand (CIF) - 2022
3. Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Thailand
4. Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Thailand

Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Thailand (FOB) - 2024

In January 2024, the average export price for rubber; inner tubes, of a kind used on bicycleses amounted to $1.1 per unit, surging by 6% against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2023 an increase of 12% month-to-month. As a result, the export price reached the peak level of $1.2 per unit. From December 2023 to January 2024, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In January 2024, the country with the highest price was Australia ($1.9 per unit), while the average price for exports to Cambodia ($779 per thousand units) was amongst the lowest.

From February 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+3.1%), 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 Thailand (CIF) - 2022

The average import price for rubber; inner tubes, of a kind used on bicycleses stood at $1.2 per unit in 2022, with an increase of 7.4% against the previous year. Over the period under review, the import price showed a remarkable increase. The growth pace was the most rapid in 2015 when the average import price increased by 68%. The import price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($2.2 per unit), while the price for China ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.8%), 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 Thailand

After three years of growth, overseas shipments of rubber; inner tubes, of a kind used on bicycleses decreased by -25.2% to 27M units in 2022. Over the period under review, total exports indicated a notable increase from 2019 to 2022: its volume increased at an average annual rate of +4.0% 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 29% against the previous year. As a result, the exports reached the peak of 36M units, and then shrank remarkably in the following year.

In value terms, exports of rubber; inner tubes, of a kind used on bicycleses contracted rapidly to $27M in 2022. The total export value increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 37%. As a result, the exports attained the peak of $32M, and then fell significantly in the following year.

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

1. Myanmar (3.6M units)
2. Italy (2.9M units)
3. Portugal (2.1M units)
4. United States (1.7M units)
5. Spain (1.7M units)
6. Romania (1.4M units)
7. Cambodia (1.3M units)
8. United Kingdom (1.3M units)
9. Belgium (1.3M units)
10. Canada (1.1M units)
11. Iraq (1.0M units)
12. Brazil (0.9M units)
13. Poland (0.9M units)

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

In 2022, the amount of rubber; inner tubes, of a kind used on bicycleses imported into Thailand was estimated at 2.2M units, with an increase of 5.2% on the previous year. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. Over the period under review, imports of reached the maximum at 2.2M units in 2019; afterwards, it flattened through to 2022.

In value terms, imports of rubber; inner tubes, of a kind used on bicycleses expanded markedly to $2.6M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 47% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

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

1. China (1492.5K units)
2. Indonesia (411.3K units)
3. Vietnam (228.3K units)
4. Taiwan (Chinese) (78.0K units)

Source: IndexBox Market Intelligence Platform