Price for Used Pneumatic Tyres of Rubber in Chile - 2023

Contents:

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

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

In 2022, the average import price for used pneumatic tyres of rubbers amounted to $218 per unit, growing by 3,625% against the previous year. In general, the import price posted a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2.3 per unit), while the price for France amounted to $1.8 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.9%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for used pneumatic tyres of rubbers amounted to $7,514 per unit, with an increase of 65% against the previous year. Overall, the export price saw a significant expansion. The growth pace was the most rapid in 2014 an increase of 829%. The export price peaked at $9,976 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($7,058 per unit), while the average price for exports to the Dominican Republic ($38 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 Bolivia (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Used Pneumatic Tyres of Rubber in Chile

In 2022, after three years of growth, there was significant decline in purchases abroad of used pneumatic tyres of rubbers, when their volume decreased by -96.5% to 17K units. Overall, imports showed a dramatic decrease. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year. Over the period under review, imports attained the maximum at 480K units in 2021, and then shrank rapidly in the following year.

In value terms, used pneumatic tyres of rubber imports skyrocketed to $3.7M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. China (11.6K units)
2. France (0.6K units)

Exports of Used Pneumatic Tyres of Rubber in Chile

In 2022, exports of used pneumatic tyres of rubbers from Chile contracted significantly to 390 units, shrinking by -26.8% against 2021 figures. Overall, exports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2021 when exports increased by 193%. As a result, the exports reached the peak of 533 units, and then reduced remarkably in the following year.

In value terms, used pneumatic tyres of rubber exports surged to $2.9M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

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

1. Bolivia (292.0 units)
2. Dominican Republic (68.0 units)
3. Spain (21.0 units)
4. Japan (9.0 units)

Source: IndexBox Market Intelligence Platform