Price for Used Pneumatic Tyres of Rubber in Angola - 2022

Contents:

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

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

The average import price for used pneumatic tyres of rubbers stood at $3.3 per unit in 2022, with an increase of 5.2% against the previous year. Overall, the import price, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2017 when the average import price increased by 89%. Over the period under review, average import prices attained the maximum at $23 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Spain ($14 per unit), while the price for Denmark ($2.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-5.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for used pneumatic tyres of rubbers amounted to $182 per unit, with a decrease of -38.2% against the previous year. Over the period under review, the export price, however, saw a resilient expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 191%. Over the period under review, the average export prices attained the peak figure at $295 per unit in 2021, and then shrank remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($400 per unit), while the average price for exports to Portugal ($153 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 Democratic Republic of the Congo (+56.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Used Pneumatic Tyres of Rubber in Angola

In 2022, purchases abroad of used pneumatic tyres of rubbers decreased by -25.5% to 455K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 138%. Imports peaked at 611K units in 2021, and then dropped remarkably in the following year.

In value terms, used pneumatic tyres of rubber imports dropped notably to $1.5M in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 76%. As a result, imports attained the peak of $1.9M, and then declined dramatically in the following year.

Import of Used Pneumatic Tyres of Rubber in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium239503350215-3.5%
Switzerland152245139151-0.2%
Germany59.184.320613331.0%
Netherlands66.444.648.610115.0%
China16.8N/A83.755.248.7%
Japan17.517.336.925.313.1%
DenmarkN/A63.85.88.8-62.9%
France41.960.122.9N/A-26.1%
Others65.166.41,019809131.6%
Total6581,0841,9121,49831.6%

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

  1. Belgium (78.1K units)
  2. Switzerland (62.0K units)
  3. Germany (27.0K units)
  4. Netherlands (18.1K units)
  5. China (12.4K units)
  6. Japan (5.7K units)
  7. Denmark (4.2K units)

Exports of Used Pneumatic Tyres of Rubber in Angola

In 2022, used pneumatic tyres of rubber exports from Angola soared to 424 units, jumping by 293% on the previous year's figure. Over the period under review, exports saw a significant expansion. The exports peaked at 435 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, used pneumatic tyres of rubber exports skyrocketed to $77K in 2022. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 283%. As a result, the exports attained the peak of $123K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Used Pneumatic Tyres of Rubber in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal4.1N/AN/A24.381.0%
Sao Tome and Principe0.21.04.516.5335.3%
Spain0.9N/A13.76.189.2%
Democratic Republic of the Congo26.8122N/AN/A355.2%
OthersN/AN/A13.730.4121.9%
Total32.012331.977.334.2%

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

  1. Portugal (159.0 units)
  2. Sao Tome and Principe (84.0 units)
  3. Spain (15.0 units)

Source: IndexBox Market Intelligence Platform

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