Price for Used Pneumatic Tyres of Rubber in Thailand - 2023

Contents:

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

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

In 2022, the average import price for used pneumatic tyres of rubbers amounted to $318 per unit, which is down by -6.6% against the previous year. Overall, the import price, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2020 an increase of 114%. Over the period under review, average import prices hit record highs at $341 per unit in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($346 per unit), while the price for Indonesia ($44 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for used pneumatic tyres of rubbers stood at $17 per unit in 2022, surging by 37% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 112% against the previous year. Over the period under review, the average export prices hit record highs at $31 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($52 per unit), while the average price for exports to Maldives ($3.2 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 the Philippines (+9.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Used Pneumatic Tyres of Rubber in Thailand

For the fourth year in a row, Thailand recorded growth in overseas purchases of used pneumatic tyres of rubbers, which increased by 3% to 165K units in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 28%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, used pneumatic tyres of rubber imports declined to $52M in 2022. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 168% against the previous year. Imports peaked at $55M in 2021, and then shrank in the following year.

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

1. United Arab Emirates (undefinedK units)
2. United States (19.1K units)
3. Indonesia (18.5K units)
4. Japan (10.5K units)
5. France (8.5K units)

Exports of Used Pneumatic Tyres of Rubber in Thailand

In 2022, approx. 124K units of used pneumatic tyres of rubbers were exported from Thailand; waning by -4.1% on the previous year. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 275% against the previous year. As a result, the exports attained the peak of 129K units, and then fell modestly in the following year.

In value terms, used pneumatic tyres of rubber exports skyrocketed to $2.2M in 2022. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 129%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

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

1. Myanmar (65.5K units)
2. Lao People's Democratic Republic (39.9K units)
3. Singapore (5.5K units)
4. Cambodia (4.9K units)
5. Maldives (3.9K units)

Source: IndexBox Market Intelligence Platform