Price for Used Pneumatic Tyres of Rubber in Uruguay - 2022

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

In 2022, the average import price for used pneumatic tyres of rubbers amounted to $66 per unit, surging by 31% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.9% 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 +121.2% against 2019 indices. The growth pace was the most rapid in 2021 an increase of 34% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($309 per unit), while the price for Spain ($11 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 States (+24.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for used pneumatic tyres of rubbers amounted to $18 per unit, dropping by -54.7% against the previous year. Overall, the export price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when the average export price increased by 105% against the previous year. As a result, the export price attained the peak level of $41 per unit, and then dropped significantly in the following year.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($19 per unit), while the average price for exports to the United States totaled $14 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+11.5%).

Imports of Used Pneumatic Tyres of Rubber in Uruguay

In 2022, imports of used pneumatic tyres of rubbers into Uruguay expanded slightly to 38K units, increasing by 3% against the previous year's figure. The total import volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 31% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, used pneumatic tyres of rubber imports soared to $2.5M in 2022. Over the period under review, imports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 75%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Used Pneumatic Tyres of Rubber in Uruguay (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	519	454	1,126	1,435	40.4%
Australia	175	178	206	686	57.7%
South Korea	9.9	55.5	130	302	212.5%
Spain	15.9	9.0	2.5	5.3	-30.7%
Israel	219	236	275	N/A	12.1%
Others	124	129	117	75.8	-15.1%
Total	1,062	1,062	1,856	2,503	33.1%

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

Japan (20.9K units)
Australia (10.8K units)
South Korea (4.6K units)
Spain (0.5K units)

Exports of Used Pneumatic Tyres of Rubber in Uruguay

After two years of decline, overseas shipments of used pneumatic tyres of rubbers increased by 144% to 61 units in 2022. Overall, exports, however, continue to indicate a significant curtailment. The exports peaked at 138 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, used pneumatic tyres of rubber exports expanded remarkably to $1.1K in 2022. Over the period under review, exports, however, saw a abrupt shrinkage. Over the period under review, the exports hit record highs at $1.4K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.