Price for Inner Tubes, of Rubber in Morocco - 2022

Contents:

  1. Price for Inner Tubes, of Rubber in Morocco (CIF) - 2022
  2. Price for Inner Tubes, of Rubber in Morocco (FOB) - 2022
  3. Imports of Inner Tubes, of Rubber in Morocco
  4. Exports of Inner Tubes, of Rubber in Morocco

Price for Inner Tubes, of Rubber in Morocco (CIF) - 2022

In December 2022, the average inner tubes, of rubber import price amounted to $5.6 per unit, dropping by -17.1% against the previous month. In general, the import price showed a mild slump. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 148% month-to-month. Over the period under review, average import prices attained the maximum at $6.8 per unit in November 2022, and then declined dramatically in the following month.

There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Poland ($5.8 per unit), while the price for China ($1.4 per unit) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Inner Tubes, of Rubber in Morocco (FOB) - 2022

In 2022, the average inner tubes, of rubber export price amounted to $2 per unit, shrinking by -28.3% against the previous year. Overall, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 73%. The export price peaked at $6.3 per unit in 2014; however, from 2015 to 2022, the export prices remained at a 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 Cote d'Ivoire ($6.4 per unit), while the average price for exports to Equatorial Guinea ($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 Ghana (+56.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Inner Tubes, of Rubber in Morocco

In 2022, approx. 2.7M units of inner tubes, of rubbers were imported into Morocco; falling by -32% compared with 2021 figures. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 68%. As a result, imports attained the peak of 4M units, and then declined notably in the following year.

In value terms, inner tubes, of rubber imports dropped rapidly to $5.4M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 64%. As a result, imports reached the peak of $10M, and then dropped dramatically in the following year.

Import of Inner Tubes, of Rubber in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,5512,3823,0642,290-3.5%
Poland1,8632,5442,3671,770-1.7%
Indonesia20268878258542.5%
Vietnam15188.154941039.5%
Hong Kong SAR95.911787.066.9-11.3%
Thailand72.689.129.338.5-19.1%
Others3953473,355200-20.3%
Total5,3316,25610,2335,3600.2%

Top Suppliers of Inner Tubes, of Rubber to Morocco in 2022:

  1. China (1694.2K units)
  2. Vietnam (318.4K units)
  3. Indonesia (314.0K units)
  4. Poland (292.7K units)
  5. Hong Kong SAR (51.2K units)
  6. Thailand (36.9K units)

Exports of Inner Tubes, of Rubber in Morocco

In 2022, shipments abroad of inner tubes, of rubbers was finally on the rise to reach 4.6K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a precipitous descent. Over the period under review, the exports reached the peak figure at 16K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, inner tubes, of rubber exports skyrocketed to $9K in 2022. In general, exports, however, showed a precipitous shrinkage. The exports peaked at $26K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Inner Tubes, of Rubber in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16.67.70.35.8-29.6%
Cote d'Ivoire0.41.90.71.865.1%
Mauritania0.91.70.40.7-8.0%
Equatorial Guinea0.40.20.10.1-37.0%
Spain0.9N/AN/AN/A0%
EgyptN/AN/A4.3N/A0%
Angola6.5N/AN/AN/A0%
Others0.80.70.20.5-14.5%
Total26.412.15.99.0-30.1%

Top Export Markets for Inner Tubes, of Rubber from Morocco in 2022:

  1. China (3554.0 units)
  2. Mauritania (503.0 units)
  3. Cote d'Ivoire (286.0 units)
  4. Equatorial Guinea (190.0 units)

Source: IndexBox Market Intelligence Platform

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