Price for Used Pneumatic Tyres of Rubber in Egypt - 2023

Contents:

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

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

The average import price for used pneumatic tyres of rubbers stood at $46 per unit in 2022, rising by 59% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $65 per unit in 2014; however, from 2015 to 2022, import prices remained at a 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 Poland ($157 per unit), while the price for Germany ($34 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+491.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for used pneumatic tyres of rubbers amounted to $9.7 per unit, dropping by -62.1% against the previous year. Overall, the export price showed a deep contraction. The growth pace was the most rapid in 2014 when the average export price increased by 596% against the previous year. The export price peaked at $66 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Sudan.

From 2012 to 2022, the rate of growth in terms of prices for Ethiopia amounted to +543.2% per year.

Imports of Used Pneumatic Tyres of Rubber in Egypt

Used pneumatic tyres of rubber imports into Egypt soared to 386 units in 2022, picking up by 164% compared with the previous year. Over the period under review, imports, however, saw a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 2,333% against the previous year. Imports peaked at 4.8K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, used pneumatic tyres of rubber imports skyrocketed to $18K in 2022. Overall, imports, however, showed a dramatic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 1,844% against the previous year. Imports peaked at $130K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. United States (254.0 units)
2. Germany (43.0 units)
3. Poland (27.0 units)
4. Belgium (25.0 units)
5. France (19.0 units)
6. Japan (12.0 units)

Exports of Used Pneumatic Tyres of Rubber in Egypt

In 2022, shipments abroad of used pneumatic tyres of rubbers increased by 446% to 142 units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a sharp shrinkage. The exports peaked at 15K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, used pneumatic tyres of rubber exports skyrocketed to $1.4K in 2022. Over the period under review, exports, however, recorded a precipitous contraction. Over the period under review, the exports attained the maximum at $525K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

1. Sudan (141.0 units)

Source: IndexBox Market Intelligence Platform