Price for Used Pneumatic Tyres of Rubber in Denmark - 2023

Contents:

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

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

The average export price for used pneumatic tyres of rubbers stood at $11 per unit in 2022, surging by 7.6% against the previous year. Overall, the export price, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2020 when the average export price increased by 83%. The export price peaked at $17 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($67 per unit), while the average price for exports to Cote d'Ivoire ($1.5 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 Poland (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for used pneumatic tyres of rubbers stood at $36 per unit in 2022, growing by 30% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable decline. The pace of growth was the most pronounced in 2021 an increase of 55%. The import price peaked at $58 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 Norway ($73 per unit), while the price for Finland ($3.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Used Pneumatic Tyres of Rubber in Denmark

In 2022, the amount of used pneumatic tyres of rubbers exported from Denmark dropped to 140K units, with a decrease of -5.2% compared with 2021. In general, exports saw a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 36% against the previous year. The exports peaked at 190K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, used pneumatic tyres of rubber exports expanded modestly to $1.5M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

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

1. Nigeria (58.3K units)
2. Lithuania (10.5K units)
3. Cameroon (10.3K units)
4. Benin (8.2K units)
5. Lebanon (7.5K units)
6. Gabon (6.3K units)
7. Dominican Republic (5.8K units)
8. United Kingdom (5.4K units)
9. Netherlands (4.5K units)
10. Poland (2.9K units)
11. Cote d'Ivoire (2.8K units)
12. Mozambique (2.8K units)
13. Ghana (2.7K units)

Imports of Used Pneumatic Tyres of Rubber in Denmark

In 2022, overseas purchases of used pneumatic tyres of rubbers were finally on the rise to reach 1.3K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a precipitous shrinkage. Over the period under review, imports reached the peak figure at 16K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, used pneumatic tyres of rubber imports surged to $46K in 2022. Over the period under review, imports, however, continue to indicate a sharp reduction. Imports peaked at $373K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

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

1. Finland (259.0 units)
2. Norway (253.0 units)
3. United Kingdom (214.0 units)
4. Faroe Islands (153.0 units)
5. Germany (113.0 units)
6. United States (112.0 units)
7. Poland (79.0 units)
8. Netherlands (11.0 units)
9. Switzerland (11.0 units)

Source: IndexBox Market Intelligence Platform