Price for Used Pneumatic Tyres of Rubber in Belgium - 2023
Contents:
- Price for Used Pneumatic Tyres of Rubber in Belgium (FOB) - 2022
- Price for Used Pneumatic Tyres of Rubber in Belgium (CIF) - 2022
- Exports of Used Pneumatic Tyres of Rubber in Belgium
- Imports of Used Pneumatic Tyres of Rubber in Belgium
Price for Used Pneumatic Tyres of Rubber in Belgium (FOB) - 2022
The average export price for used pneumatic tyres of rubbers stood at $4.6 per unit in 2022, which is down by -14.1% against the previous year. In general, the export price recorded a pronounced setback. The growth pace was the most rapid in 2015 when the average export price increased by 71%. As a result, the export price attained the peak level of $13 per unit. From 2016 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($8 per unit), while the average price for exports to Mauritania ($1.9 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 Cameroon (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Used Pneumatic Tyres of Rubber in Belgium (CIF) - 2022
In 2022, the average import price for used pneumatic tyres of rubbers amounted to $23 per unit, which is down by -33.3% against the previous year. Overall, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2015 when the average import price increased by 19% against the previous year. Over the period under review, average import prices reached the maximum at $104 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($137 per unit), while the price for France ($4.3 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 Arab Emirates (+15.2%), while the prices for the other major suppliers experienced a decline.
Exports of Used Pneumatic Tyres of Rubber in Belgium
In 2022, approx. 5M units of used pneumatic tyres of rubbers were exported from Belgium; growing by 13% on 2021 figures. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -11.3% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 75% against the previous year. As a result, the exports reached the peak of 5.6M units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, used pneumatic tyres of rubber exports fell modestly to $23M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -18.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 94% against the previous year. As a result, the exports reached the peak of $28M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Used Pneumatic Tyres of Rubber in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nigeria | 3.4 | 4.9 | 2.4 | 3.1 | -3.0% |
Cote d'Ivoire | 0.4 | 2.3 | 2.3 | 2.0 | 71.0% |
Georgia | 0.2 | 0.9 | 1.1 | 1.9 | 111.8% |
Netherlands | 0.3 | 0.5 | 0.9 | 1.8 | 81.7% |
Benin | 0.8 | 1.7 | 1.4 | 1.6 | 26.0% |
Cameroon | 0.5 | 1.3 | 1.2 | 1.4 | 40.9% |
Democratic Republic of the Congo | 0.4 | 0.7 | 0.8 | 1.0 | 35.7% |
Ghana | 1.1 | 2.4 | 1.0 | 0.7 | -14.0% |
Togo | 0.3 | 0.9 | 0.5 | 0.7 | 32.6% |
Angola | 0.2 | 0.6 | 0.6 | 0.6 | 44.2% |
Guinea | 0.4 | 0.7 | 0.5 | 0.6 | 14.5% |
Mali | 0.4 | 1.0 | 0.9 | 0.6 | 14.5% |
Mauritania | 0.2 | 1.0 | 0.8 | 0.5 | 35.7% |
Others | 5.9 | 9.2 | 9.0 | 6.3 | 2.2% |
Total | 14.5 | 28.1 | 23.5 | 22.9 | 16.5% |
Top Export Markets for Used Pneumatic Tyres of Rubber from Belgium in 2022:
- Nigeria (726.7K units)
- Cote d'Ivoire (563.2K units)
- Benin (545.1K units)
- Georgia (301.3K units)
- Mauritania (291.3K units)
- Angola (291.0K units)
- Netherlands (225.7K units)
- Cameroon (201.1K units)
- Mali (183.2K units)
- Ghana (165.8K units)
- Togo (154.7K units)
- Democratic Republic of the Congo (145.1K units)
- Guinea (126.0K units)
Imports of Used Pneumatic Tyres of Rubber in Belgium
Used pneumatic tyres of rubber imports into Belgium surged to 556K units in 2022, jumping by 56% compared with the year before. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 172% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, used pneumatic tyres of rubber imports expanded to $13M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 7.8%. Imports peaked in 2022 and are likely to continue growth in the near future.
Import of Used Pneumatic Tyres of Rubber in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 8.7 | 6.7 | 8.3 | 8.4 | -1.2% |
France | 0.1 | 2.5 | 1.5 | 1.6 | 152.0% |
Germany | 0.2 | 0.7 | 0.9 | 1.1 | 76.5% |
Netherlands | 0.1 | 0.6 | 0.7 | 0.7 | 91.3% |
United Arab Emirates | 2.3 | N/A | 0.1 | N/A | -79.1% |
Others | 0.8 | 0.9 | 0.8 | 1.1 | 11.2% |
Total | 12.2 | 11.4 | 12.3 | 12.8 | 1.6% |
Top Suppliers of Used Pneumatic Tyres of Rubber to Belgium in 2022:
- France (357.9K units)
- Germany (94.1K units)
- Japan (61.3K units)
- Netherlands (17.9K units)
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