Price for Used Pneumatic Tyres of Rubber in the United States - 2023
Contents:
- Price for Used Pneumatic Tyres of Rubber in the United States (CIF) - 2023
- Price for Used Pneumatic Tyres of Rubber in the United States (FOB) - 2022
- Imports of Used Pneumatic Tyres of Rubber in the United States
- Exports of Used Pneumatic Tyres of Rubber in the United States
Price for Used Pneumatic Tyres of Rubber in the United States (CIF) - 2023
The average import price for used pneumatic tyres of rubbers stood at $17.5 per unit in August 2023, declining by -5.2% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2022 an increase of 43% m-o-m. As a result, import price attained the peak level of $23.7 per unit. From October 2022 to August 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($123 per unit), while the price for China ($3.9 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the UK (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Used Pneumatic Tyres of Rubber in the United States (FOB) - 2022
The average export price for used pneumatic tyres of rubbers stood at $14 per unit in 2022, surging by 3.9% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 25% against the previous year. The export price peaked at $17 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($39 per unit), while the average price for exports to Spain ($5.6 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 Canada (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Used Pneumatic Tyres of Rubber in the United States
In 2022, used pneumatic tyres of rubber imports into the United States dropped markedly to 1.8M units, falling by -17.1% on the previous year. Over the period under review, imports recorded a deep setback. The smallest decline of -3.8% was in 2020. Imports peaked at 2.7M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, used pneumatic tyres of rubber imports rose slightly to $36M in 2022. In general, imports recorded a abrupt decline. Imports peaked at $57M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Used Pneumatic Tyres of Rubber in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 23.9 | 17.3 | 11.4 | 11.0 | -22.8% |
| Australia | 1.9 | 1.7 | 2.5 | 5.2 | 39.9% |
| Canada | 2.6 | 2.7 | 4.4 | 4.5 | 20.1% |
| Germany | 2.9 | 2.5 | 2.4 | 2.3 | -7.4% |
| Spain | 3.6 | 2.4 | 2.2 | 1.5 | -25.3% |
| France | 2.7 | 0.9 | 1.1 | 1.3 | -21.6% |
| South Korea | 3.8 | 3.5 | 2.3 | 1.3 | -30.1% |
| United Kingdom | 2.4 | 1.3 | 1.2 | 1.2 | -20.6% |
| Netherlands | 1.8 | 1.7 | 1.6 | 1.2 | -12.6% |
| China | 3.3 | 1.5 | 1.0 | 1.1 | -30.7% |
| Others | 7.9 | 5.4 | 5.0 | 4.8 | -15.3% |
| Total | 56.9 | 41.1 | 34.8 | 35.5 | -14.6% |
Top Suppliers of Used Pneumatic Tyres of Rubber to the United States in 2022:
- Japan (354.5K units)
- Germany (342.5K units)
- Spain (200.9K units)
- Australia (172.0K units)
- Canada (154.0K units)
- Netherlands (110.7K units)
- South Korea (96.3K units)
- China (84.4K units)
- France (62.2K units)
- United Kingdom (52.0K units)
Exports of Used Pneumatic Tyres of Rubber in the United States
In 2022, approx. 1.8M units of used pneumatic tyres of rubbers were exported from the United States; remaining relatively unchanged against the previous year's figure. Over the period under review, exports, however, saw a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 26%. The exports peaked at 2.1M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, used pneumatic tyres of rubber exports rose markedly to $26M in 2022. Overall, exports, however, continue to indicate a perceptible descent. The pace of growth appeared the most rapid in 2021 with an increase of 12% against the previous year. Over the period under review, the exports reached the maximum at $29M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Used Pneumatic Tyres of Rubber in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 11.0 | 8.3 | 9.6 | 10.7 | -0.9% |
| Dominican Republic | 2.1 | 3.3 | 3.5 | 3.7 | 20.8% |
| Canada | 4.0 | 2.2 | 4.4 | 3.4 | -5.3% |
| Guatemala | 1.3 | 1.0 | 1.0 | 1.2 | -2.6% |
| Honduras | 0.8 | 0.5 | 0.9 | 0.8 | 0.0% |
| El Salvador | 1.1 | 0.6 | 0.5 | 0.5 | -23.1% |
| Spain | 0.5 | 0.1 | 0.1 | 0.2 | -26.3% |
| Others | 8.3 | 6.5 | 5.2 | 5.9 | -10.8% |
| Total | 29.1 | 22.5 | 25.2 | 26.5 | -3.1% |
Top Export Markets for Used Pneumatic Tyres of Rubber from the United States in 2022:
- Mexico (1015.6K units)
- Dominican Republic (236.7K units)
- Honduras (124.3K units)
- Canada (86.1K units)
- El Salvador (75.8K units)
- Guatemala (60.9K units)
- Spain (36.2K units)
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