Price for Used Pneumatic Tyres of Rubber in Algeria - 2022

Contents:

1. Price for Used Pneumatic Tyres of Rubber in Algeria (FOB) - 2022
2. Price for Used Pneumatic Tyres of Rubber in Algeria (CIF) - 2022
3. Exports of Used Pneumatic Tyres of Rubber in Algeria
4. Imports of Used Pneumatic Tyres of Rubber in Algeria

Price for Used Pneumatic Tyres of Rubber in Algeria (FOB) - 2022

In 2022, the average export price for used pneumatic tyres of rubbers amounted to $197 per unit, jumping by 82% against the previous year. Over the period under review, the export price continues to indicate a significant increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 186%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($317 per unit), while the average price for exports to Niger ($3 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 Netherlands (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Used Pneumatic Tyres of Rubber in Algeria (CIF) - 2022

The average import price for used pneumatic tyres of rubbers stood at $23 per unit in 2022, flattening at the previous year. Over the period under review, the import price, however, saw prominent growth. The pace of growth appeared the most rapid in 2013 an increase of 107% against the previous year. Over the period under review, average import prices attained the peak figure at $33 per unit in 2015; however, from 2016 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 France ($65 per unit), while the price for Switzerland ($3.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (-0.9%), while the prices for the other major suppliers experienced a decline.

Exports of Used Pneumatic Tyres of Rubber in Algeria

In 2022, overseas shipments of used pneumatic tyres of rubbers increased by 6.9% to 1.1K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a sharp setback. The exports peaked at 2.3K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, used pneumatic tyres of rubber exports skyrocketed to $212K in 2022. Over the period under review, exports, however, continue to indicate a deep slump. The exports peaked at $325K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Used Pneumatic Tyres of Rubber from Algeria in 2022:

1. Netherlands (651.0 units)
2. Mexico (222.0 units)
3. Belgium (174.0 units)
4. Niger (31.0 units)

Imports of Used Pneumatic Tyres of Rubber in Algeria

For the fourth consecutive year, Algeria recorded growth in overseas purchases of used pneumatic tyres of rubbers, which increased by 1.2% to 1.8K units in 2022. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 74%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, used pneumatic tyres of rubber imports amounted to $42K in 2022. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 98% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Used Pneumatic Tyres of Rubber to Algeria in 2022:

1. Switzerland (1152.0 units)
2. Germany (567.0 units)

Source: IndexBox Market Intelligence Platform