Price for Used Pneumatic Tyres of Rubber in Indonesia - 2022

Contents:

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

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

In 2022, the average import price for used pneumatic tyres of rubbers amounted to $112 per unit, which is down by -53.8% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 318% against the previous year. As a result, import price attained the peak level of $743 per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($533 per unit), while the price for Malaysia ($71 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for used pneumatic tyres of rubbers stood at $14 per unit in 2022, rising by 4.4% against the previous year. In general, the export price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 46%. Over the period under review, the average export prices attained the maximum at $25 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($40 per unit), while the average price for exports to the Philippines ($1.6 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 Hong Kong SAR (+5.5%), while the prices for the other major destinations experienced a decline.

Imports of Used Pneumatic Tyres of Rubber in Indonesia

In 2022, approx. 3.9K units of used pneumatic tyres of rubbers were imported into Indonesia; with a decrease of -20.6% compared with 2021. In general, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 1,031% against the previous year. As a result, imports reached the peak of 4.9K units, and then shrank rapidly in the following year.

In value terms, used pneumatic tyres of rubber imports fell sharply to $437K in 2022. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 271%. As a result, imports attained the peak of $1.2M, and then dropped sharply in the following year.

Import of Used Pneumatic Tyres of Rubber in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia2000.12132517.9%
Singapore2.711.413680.8210.5%
China24.028580364.839.2%
Others2.325.341.140.5160.2%
Total2283221,19343724.2%

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

  1. Malaysia (3530.0 units)
  2. Singapore (152.0 units)
  3. China (144.0 units)

Exports of Used Pneumatic Tyres of Rubber in Indonesia

Used pneumatic tyres of rubber exports from Indonesia fell significantly to 57K units in 2022, shrinking by -36.6% compared with the previous year. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 232% against the previous year. As a result, the exports reached the peak of 90K units, and then shrank dramatically in the following year.

In value terms, used pneumatic tyres of rubber exports declined sharply to $824K in 2022. Over the period under review, exports recorded a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 208% against the previous year. As a result, the exports reached the peak of $1.2M, and then fell remarkably in the following year.

Export of Used Pneumatic Tyres of Rubber in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands3461885774025.1%
Hong Kong SAR29372.9242123-25.1%
Ghana77.942.213090.55.1%
Mexico84.234.478.549.2-16.4%
El Salvador37.418.853.738.71.1%
United States17.6N/A47.332.322.4%
United Kingdom36.016.442.324.8-11.7%
Philippines41.49.01.414.0-30.3%
Others38.821.971.948.37.6%
Total9724031,244824-5.4%

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

  1. Netherlands (20.4K units)
  2. Mexico (10.6K units)
  3. Philippines (8.7K units)
  4. Ghana (4.6K units)
  5. United States (3.4K units)
  6. Hong Kong SAR (3.0K units)
  7. El Salvador (2.0K units)
  8. United Kingdom (1.3K units)

Source: IndexBox Market Intelligence Platform

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