Price for Used Pneumatic Tyres of Rubber in Vietnam - 2021
Contents:
- Price for Used Pneumatic Tyres of Rubber in Vietnam (FOB) - 2022
- Price for Used Pneumatic Tyres of Rubber in Vietnam (CIF) - 2022
- Exports of Used Pneumatic Tyres of Rubber in Vietnam
- Imports of Used Pneumatic Tyres of Rubber in Vietnam
Price for Used Pneumatic Tyres of Rubber in Vietnam (FOB) - 2022
The average export price for used pneumatic tyres of rubbers stood at $16 per unit in 2022, picking up by 42% against the previous year. Over the period under review, the export price, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 57% against the previous year. Over the period under review, the average export prices attained the maximum at $27 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($109 per unit), while the average price for exports to the Philippines ($3.7 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 Malaysia (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Used Pneumatic Tyres of Rubber in Vietnam (CIF) - 2022
In 2022, the average import price for used pneumatic tyres of rubbers amounted to $93 per unit, jumping by 39% against the previous year. Overall, the import price saw noticeable growth. The pace of growth was the most pronounced in 2014 an increase of 58% against the previous year. Over the period under review, average import prices hit record highs at $141 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($2,065 per unit), while the price for Australia ($12 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+44.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Used Pneumatic Tyres of Rubber in Vietnam
In 2022, the amount of used pneumatic tyres of rubbers exported from Vietnam skyrocketed to 33K units, with an increase of 216% against the year before. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 11,936%. As a result, the exports attained the peak of 61K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, used pneumatic tyres of rubber exports soared to $506K in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 18,756%. As a result, the exports reached the peak of $900K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Used Pneumatic Tyres of Rubber in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 2.5 | 303 | 17.4 | 206 | 335.2% |
| United Kingdom | 0.4 | 255 | 46.1 | 111 | 552.3% |
| Philippines | 1.3 | 203 | 29.1 | 85.4 | 303.5% |
| United States | 0.2 | 45.6 | 8.7 | 39.6 | 482.8% |
| Mexico | 0.3 | 43.3 | 6.1 | 35.0 | 388.6% |
| Lao People's Democratic Republic | N/A | 23.0 | 0.5 | 4.9 | -53.8% |
| Others | 0.1 | 26.0 | 5.2 | 24.6 | 526.6% |
| Total | 4.8 | 900 | 113 | 506 | 372.4% |
Top Export Markets for Used Pneumatic Tyres of Rubber from Vietnam in 2022:
- Philippines (23.3K units)
- Hong Kong SAR (2.9K units)
- Mexico (2.4K units)
- United Kingdom (2.2K units)
- United States (1.2K units)
- Lao People's Democratic Republic (0.1K units)
Imports of Used Pneumatic Tyres of Rubber in Vietnam
In 2022, purchases abroad of used pneumatic tyres of rubbers increased by 63% to 174 units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a sharp reduction. Over the period under review, imports hit record highs at 724 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, used pneumatic tyres of rubber imports skyrocketed to $16K in 2022. Over the period under review, imports, however, recorded a precipitous decline. Over the period under review, imports attained the peak figure at $92K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Used Pneumatic Tyres of Rubber in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 47.8 | 16.6 | 5.2 | 11.1 | -38.5% |
| Israel | 8.9 | 3.1 | 1.0 | 2.1 | -38.2% |
| China | 0.4 | N/A | N/A | 1.7 | 62.0% |
| Australia | 1.1 | 0.3 | 0.1 | 0.2 | -43.3% |
| New Zealand | 0.4 | 0.1 | N/A | 0.1 | -37.0% |
| Lao People's Democratic Republic | 10.6 | N/A | N/A | N/A | 0% |
| Others | 22.5 | 4.9 | 0.9 | 1.0 | -64.6% |
| Total | 91.7 | 25.1 | 7.1 | 16.1 | -44.0% |
Top Suppliers of Used Pneumatic Tyres of Rubber to Vietnam in 2022:
- Malaysia (142.0 units)
- Australia (13.0 units)
- Israel (8.0 units)
- China (5.0 units)
- New Zealand (3.0 units)
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