Price for Used Pneumatic Tyres of Rubber in Bulgaria - 2023
Contents:
- Price for Used Pneumatic Tyres of Rubber in Bulgaria (CIF) - 2023
- Price for Used Pneumatic Tyres of Rubber in Bulgaria (FOB) - 2023
- Imports of Used Pneumatic Tyres of Rubber in Bulgaria
- Exports of Used Pneumatic Tyres of Rubber in Bulgaria
Price for Used Pneumatic Tyres of Rubber in Bulgaria (CIF) - 2023
In June 2023, the average import price for used pneumatic tyres of rubbers amounted to $11.0 per unit, falling by -24.4% against the previous month. In general, the import price continues to indicate a slight shrinkage. The growth pace was the most rapid in July 2022 when the average import price increased by 45% against the previous month. As a result, import price attained the peak level of $18.2 per unit. From August 2022 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($19.0 per unit), while the price for Switzerland ($2.4 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Used Pneumatic Tyres of Rubber in Bulgaria (FOB) - 2023
In June 2023, the average export price for used pneumatic tyres of rubbers amounted to $8.1 per unit, reducing by -17.4% against the previous month. Overall, export price indicated a remarkable increase from June 2022 to June 2023: its price increased at an average monthly rate of +5.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, used pneumatic tyres of rubber export price increased by +9.1% against April 2023 indices. The pace of growth was the most pronounced in August 2022 an increase of 58% against the previous month. The export price peaked at $9.8 per unit in May 2023, and then dropped remarkably in the following month.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Georgia ($9.3 per unit), while the average price for exports to Iran ($1.2 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Used Pneumatic Tyres of Rubber in Bulgaria
In 2022, the amount of used pneumatic tyres of rubbers imported into Bulgaria soared to 49K units, surging by 50% on the previous year's figure. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 118% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, used pneumatic tyres of rubber imports surged to $2.2M in 2022. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 71% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Used Pneumatic Tyres of Rubber in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 143 | 584 | 897 | 1,252 | 106.1% |
| Netherlands | 229 | 236 | 245 | 284 | 7.4% |
| Italy | N/A | N/A | 143 | 243 | 69.9% |
| Albania | N/A | 3.5 | 36.2 | 71.1 | 350.7% |
| France | 89.1 | 51.5 | 74.8 | 52.1 | -16.4% |
| Switzerland | 2.9 | 2.1 | 2.8 | 4.0 | 11.3% |
| Others | 138 | 27.8 | 150 | 285 | 27.3% |
| Total | 602 | 905 | 1,548 | 2,191 | 53.8% |
Top Suppliers of Used Pneumatic Tyres of Rubber to Bulgaria in 2022:
- Germany (36.5K units)
- Italy (4.1K units)
- Netherlands (3.9K units)
- France (1.1K units)
- Albania (1.1K units)
- Switzerland (0.8K units)
Exports of Used Pneumatic Tyres of Rubber in Bulgaria
In 2022, the amount of used pneumatic tyres of rubbers exported from Bulgaria soared to 463K units, jumping by 114% against the year before. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, used pneumatic tyres of rubber exports soared to $2.2M in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Used Pneumatic Tyres of Rubber in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Georgia | 789 | 759 | 849 | 1,984 | 36.0% |
| Germany | 8.7 | 6.1 | 24.9 | 53.6 | 83.3% |
| Armenia | 6.0 | 0.3 | N/A | 24.0 | 58.7% |
| Others | 28.7 | 2.5 | 15.0 | 118 | 60.2% |
| Total | 833 | 767 | 889 | 2,179 | 37.8% |
Top Export Markets for Used Pneumatic Tyres of Rubber from Bulgaria in 2022:
- Georgia (434.1K units)
- Armenia (13.7K units)
- Germany (9.6K units)
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