Price for Used Pneumatic Tyres of Rubber in Sweden - 2023

Contents:

1. Price for Used Pneumatic Tyres of Rubber in Sweden (FOB) - 2023
2. Price for Used Pneumatic Tyres of Rubber in Sweden (CIF) - 2022
3. Exports of Used Pneumatic Tyres of Rubber in Sweden
4. Imports of Used Pneumatic Tyres of Rubber in Sweden

Price for Used Pneumatic Tyres of Rubber in Sweden (FOB) - 2023

The average export price for used pneumatic tyres of rubbers stood at $15.1 per unit in June 2023, growing by 21% against the previous month. In general, the export price, however, recorded a pronounced decrease. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 72% against the previous month. Over the period under review, the average export prices reached the peak figure at $22.7 per unit in December 2022; however, from January 2023 to June 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Germany ($23.4 per unit), while the average price for exports to the UK ($2.1 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for used pneumatic tyres of rubbers stood at $63 per unit in 2022, growing by 12% against the previous year. Overall, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, used pneumatic tyres of rubber import price increased by +93.4% against 2018 indices. The growth pace was the most rapid in 2016 when the average import price increased by 28% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($199 per unit), while the price for Norway ($51 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Used Pneumatic Tyres of Rubber in Sweden

In 2022, the amount of used pneumatic tyres of rubbers exported from Sweden reached 127K units, surging by 8.9% against the year before. Over the period under review, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 24% against the previous year. As a result, the exports attained the peak of 193K units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, used pneumatic tyres of rubber exports rose notably to $4.3M in 2022. Overall, exports, however, continue to indicate a abrupt setback. The exports peaked at $5.3M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

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

1. Germany (19.6K units)
2. Guinea (18.5K units)
3. Bolivia (17.0K units)
4. Poland (12.9K units)
5. United Kingdom (12.4K units)
6. Norway (6.9K units)
7. Lithuania (5.8K units)
8. Gabon (5.4K units)
9. Guatemala (4.2K units)
10. France (4.0K units)
11. Netherlands (3.6K units)
12. Panama (2.8K units)
13. United States (2.7K units)

Imports of Used Pneumatic Tyres of Rubber in Sweden

In 2022, supplies from abroad of used pneumatic tyres of rubbers decreased by -34.8% to 38K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports saw a deep setback. The growth pace was the most rapid in 2021 when imports increased by 12% against the previous year. As a result, imports attained the peak of 58K units, and then dropped notably in the following year.

In value terms, used pneumatic tyres of rubber imports plummeted to $2.4M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 34% against the previous year. As a result, imports attained the peak of $3.3M, and then fell remarkably in the following year.

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

1. Netherlands (21.8K units)
2. Norway (7.4K units)
3. United Kingdom (6.2K units)
4. Italy (1.3K units)
5. Poland (0.7K units)

Source: IndexBox Market Intelligence Platform