Price for Used Pneumatic Tyres of Rubber in Oman - 2021

Contents:

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

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

In 2022, the average export price for used pneumatic tyres of rubbers amounted to $44 per unit, picking up by 10% against the previous year. In general, the export price saw a tangible expansion. The pace of growth appeared the most rapid in 2019 an increase of 196%. The export price peaked at $80 per unit in 2020; however, from 2021 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 France ($172 per unit), while the average price for exports to the Netherlands ($25 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 France (+21.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for used pneumatic tyres of rubbers stood at $3.1 per unit in 2022, reducing by -40.7% against the previous year. In general, the import price showed a abrupt curtailment. The pace of growth was the most pronounced in 2016 an increase of 15,179%. Over the period under review, average import prices reached the peak figure at $10 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($5.9 per unit), while the price for Italy ($0.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-6.2%), while the prices for the other major suppliers experienced a decline.

Exports of Used Pneumatic Tyres of Rubber in Oman

In 2022, exports of used pneumatic tyres of rubbers from Oman dropped dramatically to 8.6K units, falling by -25.5% compared with the previous year. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 210% against the previous year. As a result, the exports attained the peak of 12K units, and then dropped remarkably in the following year.

In value terms, used pneumatic tyres of rubber exports shrank markedly to $380K in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.6% 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 +42.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 56%. As a result, the exports attained the peak of $464K, and then fell markedly in the following year.

Export of Used Pneumatic Tyres of Rubber in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom81.111919013919.7%
Yemen2.667.915394.0230.7%
France11783.25.187.7-9.2%
Iraq19.92.511.29.5-21.8%
United Arab Emirates2.410.914.18.753.6%
Belgium5.810.414.08.614.0%
India29.8N/AN/AN/A0%
Others7.62.975.832.362.0%
Total26629746438012.6%

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

  1. United Kingdom (4.2K units)
  2. Yemen (2.8K units)
  3. France (0.5K units)
  4. United Arab Emirates (0.3K units)
  5. Iraq (0.3K units)
  6. Belgium (0.2K units)

Imports of Used Pneumatic Tyres of Rubber in Oman

Used pneumatic tyres of rubber imports into Oman surged to 14K units in 2022, increasing by 167% compared with the year before. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, used pneumatic tyres of rubber imports soared to $44K in 2022. In general, imports, however, recorded a deep contraction. Imports peaked at $61K in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Import of Used Pneumatic Tyres of Rubber in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates29.523.110.223.0-8.0%
Japan12.114.46.412.40.8%
Germany3.84.62.14.12.6%
China11.71.01.42.4-41.0%
ItalyN/A15.61.91.2-72.3%
LithuaniaN/A2.0N/AN/A0%
Others0.7N/A6.01.219.7%
Total57.760.728.044.4-8.4%

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

  1. United Arab Emirates (3.9K units)
  2. China (3.5K units)
  3. Japan (2.1K units)
  4. Italy (1.8K units)
  5. Germany (1.3K units)

Source: IndexBox Market Intelligence Platform

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