Price for Used Pneumatic Tyres of Rubber in Nepal - 2021
Contents:
- Price for Used Pneumatic Tyres of Rubber in Nepal (CIF) - 2022
- Price for Used Pneumatic Tyres of Rubber in Nepal (FOB) - 2022
- Imports of Used Pneumatic Tyres of Rubber in Nepal
- Exports of Used Pneumatic Tyres of Rubber in Nepal
Price for Used Pneumatic Tyres of Rubber in Nepal (CIF) - 2022
In 2022, the average import price for used pneumatic tyres of rubbers amounted to $37 per unit, with an increase of 12% against the previous year. Over the period under review, the import price posted a resilient increase. The pace of growth appeared the most rapid in 2020 an increase of 118% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($74 per unit), while the price for India amounted to $17 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.5%).
Price for Used Pneumatic Tyres of Rubber in Nepal (FOB) - 2022
The average export price for used pneumatic tyres of rubbers stood at $690 per unit in 2022, with an increase of 734% against the previous year. In general, the export price saw a significant increase. The most prominent rate of growth was recorded in 2020 an increase of 742% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +3.6% per year.
Imports of Used Pneumatic Tyres of Rubber in Nepal
In 2022, approx. 802 units of used pneumatic tyres of rubbers were imported into Nepal; waning by -19.6% against 2021. Over the period under review, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 260%. Imports peaked at 1.1K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, used pneumatic tyres of rubber imports shrank to $30K in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 277%. As a result, imports reached the peak of $33K, and then contracted in the following year.
| Import of Used Pneumatic Tyres of Rubber in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.1 | 0.5 | 20.5 | 18.0 | 63.7% |
| India | 12.5 | 0.1 | 12.9 | 9.5 | -8.7% |
| Italy | N/A | 4.0 | N/A | 2.4 | -22.5% |
| Others | N/A | 4.2 | N/A | 0.1 | -84.6% |
| Total | 16.6 | 8.9 | 33.4 | 30.0 | 21.8% |
Top Suppliers of Used Pneumatic Tyres of Rubber to Nepal in 2022:
- India (547.0 units)
- China (245.0 units)
- Italy (1.0 units)
Exports of Used Pneumatic Tyres of Rubber in Nepal
In 2022, approx. 15 units of used pneumatic tyres of rubbers were exported from Nepal; declining by -72.7% compared with the previous year's figure. Overall, exports recorded a sharp decrease. The pace of growth was the most pronounced in 2021 with an increase of 53%. Over the period under review, the exports reached the peak figure at 201 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, used pneumatic tyres of rubber exports surged to $10K in 2022. Over the period under review, exports, however, posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Used Pneumatic Tyres of Rubber in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 10.3 | 0% |
| Hong Kong SAR | 0.2 | 0.8 | 1.2 | N/A | 144.9% |
| Thailand | 0.5 | 2.2 | 3.4 | N/A | 160.8% |
| India | 1.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.0 | 3.0 | 4.5 | 10.3 | 72.7% |
Top Export Markets for Used Pneumatic Tyres of Rubber from Nepal in 2022:
- United States (15.0 units)
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