Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in the United States - 2024
Contents:
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in the United States (CIF) - 2024
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in the United States (FOB) - 2022
- Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in the United States
- Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in the United States
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in the United States (CIF) - 2024
In December 2023, the average import price for rubber; inner tubes, of a kind used on bicycleses amounted to $1.2 per unit, growing by 3.4% against the previous month. In general, the import price, however, showed a mild decrease. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 33% m-o-m. As a result, import price reached the peak level of $1.6 per unit. From July 2023 to December 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($2.7 per unit), while the price for China ($903 per thousand units) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Thailand (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in the United States (FOB) - 2022
In 2022, the average export price for rubber; inner tubes, of a kind used on bicycleses amounted to $3.6 per unit, jumping by 27% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 27% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($17 per unit), while the average price for exports to El Salvador ($0.8 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 Haiti (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in the United States
In 2022, after three years of growth, there was significant decline in overseas purchases of rubber; inner tubes, of a kind used on bicycleses, when their volume decreased by -16.9% to 26M units. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 53% against the previous year. Imports peaked at 31M units in 2021, and then reduced notably in the following year.
In value terms, imports of rubber; inner tubes, of a kind used on bicycleses declined slightly to $38M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 40%. Imports peaked at $39M in 2021, and then reduced slightly in the following year.
| Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.7 | 17.5 | 19.1 | 16.9 | 10.0% |
| Taiwan (Chinese) | 9.1 | 12.0 | 13.8 | 12.0 | 9.7% |
| Indonesia | 0.1 | 0.4 | 2.5 | 3.3 | 220.8% |
| Thailand | 1.0 | 1.2 | 1.4 | 2.6 | 37.5% |
| Vietnam | 0.2 | 0.3 | 0.5 | 1.4 | 91.3% |
| Others | 0.5 | 1.6 | 2.2 | 1.4 | 40.9% |
| Total | 23.5 | 33.1 | 39.5 | 37.6 | 17.0% |
Top Suppliers of Rubber; Inner Tubes, of A Kind Used On Bicycles to the United States in 2022:
- China (13.6M units)
- Taiwan (Chinese) (6.4M units)
- Indonesia (2.6M units)
- Thailand (1.9M units)
- Vietnam (0.7M units)
Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in the United States
After three years of growth, shipments abroad of rubber; inner tubes, of a kind used on bicycleses decreased by -36% to 694K units in 2022. In general, exports, however, showed a remarkable increase. The pace of growth was the most pronounced in 2021 when exports increased by 72% against the previous year. As a result, the exports attained the peak of 1.1M units, and then declined rapidly in the following year.
In value terms, exports of rubber; inner tubes, of a kind used on bicycleses fell significantly to $2.5M in 2022. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 110% against the previous year. As a result, the exports reached the peak of $3.1M, and then contracted remarkably in the following year.
| Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 834 | 1,094 | 2,217 | 1,885 | 31.2% |
| Japan | N/A | 39.2 | 204 | 200 | 125.9% |
| Mexico | 78.6 | 81.6 | 117 | 61.9 | -7.7% |
| Chile | 104 | 67.7 | 125 | 58.6 | -17.4% |
| Thailand | N/A | N/A | 71.9 | 48.3 | -32.8% |
| Haiti | N/A | 15.0 | 64.1 | 32.9 | 48.1% |
| El Salvador | N/A | N/A | N/A | 11.7 | 0% |
| United Kingdom | 60.7 | 35.8 | 39.9 | 8.5 | -48.1% |
| Others | 188 | 141 | 264 | 213 | 4.2% |
| Total | 1,265 | 1,475 | 3,103 | 2,520 | 25.8% |
Top Export Markets for Rubber; Inner Tubes, of A Kind Used On Bicycles from the United States in 2022:
- Canada (514.6K units)
- Haiti (31.0K units)
- Mexico (23.3K units)
- Chile (22.8K units)
- Thailand (22.3K units)
- El Salvador (15.6K units)
- Japan (11.6K units)
- United Kingdom (4.8K units)
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