Price for Inner Tubes, of Rubber in Portugal - 2023

Contents:

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

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

In 2022, the average inner tubes, of rubber import price amounted to $3.2 per unit, rising by 12% against the previous year. Over the period under review, the import price enjoyed noticeable growth. The pace of growth appeared the most rapid in 2020 an increase of 89% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6.3 per unit), while the price for Poland ($2.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average inner tubes, of rubber export price stood at $3.5 per unit in 2022, almost unchanged from the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 45% against the previous year. Over the period under review, the average export prices reached the maximum at $5.8 per unit in 2018; however, from 2019 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 France ($5.9 per unit), while the average price for exports to Italy ($0.6 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 the United States (+36.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Inner Tubes, of Rubber in Portugal

In 2022, the amount of inner tubes, of rubbers imported into Portugal expanded rapidly to 3M units, increasing by 13% compared with 2021 figures. Over the period under review, imports, however, saw a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 17%. Imports peaked at 4.3M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, inner tubes, of rubber imports surged to $9.5M in 2022. Overall, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 42%. Imports peaked in 2022 and are likely to see steady growth in years to come.

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

1. Thailand (835.6K units)
2. China (466.7K units)
3. South Korea (292.2K units)
4. Poland (281.5K units)
5. Spain (264.4K units)
6. Indonesia (148.8K units)
7. Germany (119.7K units)
8. Netherlands (109.3K units)
9. Vietnam (102.8K units)
10. France (89.4K units)
11. Italy (77.0K units)
12. Taiwan (Chinese) (64.2K units)
13. India (46.0K units)

Exports of Inner Tubes, of Rubber in Portugal

In 2022, exports of inner tubes, of rubbers from Portugal contracted to 126K units, declining by -7.7% on the previous year. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +6.2% 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 increased by +56.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 69%. As a result, the exports attained the peak of 137K units, and then declined in the following year.

In value terms, inner tubes, of rubber exports contracted to $444K in 2022. Overall, total exports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +3.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 53%. As a result, the exports reached the peak of $483K, and then fell in the following year.

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

1. Spain (43.7K units)
2. Romania (31.9K units)
3. Angola (28.0K units)
4. Italy (9.7K units)
5. Cabo Verde (4.0K units)
6. Sao Tome and Principe (2.8K units)
7. Mexico (2.0K units)
8. France (1.2K units)

Source: IndexBox Market Intelligence Platform