Price for New Pneumatic Tyres, of Rubber in Estonia - 2023
Contents:
- Price for New Pneumatic Tyres, of Rubber in Estonia (CIF) - 2022
- Price for New Pneumatic Tyres, of Rubber in Estonia (FOB) - 2022
- Imports of New Pneumatic Tyres, of Rubber in Estonia
- Exports of New Pneumatic Tyres, of Rubber in Estonia
Price for New Pneumatic Tyres, of Rubber in Estonia (CIF) - 2022
In 2022, the average import price for new pneumatic tyres, of rubbers amounted to $84 per unit, growing by 3.3% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 20% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.
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 Turkey ($194 per unit), while the price for China ($39 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for New Pneumatic Tyres, of Rubber in Estonia (FOB) - 2022
In 2022, the average export price for new pneumatic tyres, of rubbers amounted to $117 per unit, picking up by 21% against the previous year. Over the period under review, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, new pneumatic tyres, of rubber export price increased by +81.4% against 2018 indices. The pace of growth appeared the most rapid in 2016 when the average export price increased by 54% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($651 per unit), while the average price for exports to Poland ($77 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 Ukraine (+25.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of New Pneumatic Tyres, of Rubber in Estonia
In 2022, the amount of new pneumatic tyres, of rubbers imported into Estonia fell to 1.4M units, shrinking by -5.8% compared with the previous year. Overall, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. Imports peaked at 1.7M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, new pneumatic tyres, of rubber imports contracted modestly to $117M in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 29% against the previous year. As a result, imports attained the peak of $120M, and then reduced slightly in the following year.
| Import of New Pneumatic Tyres, of Rubber in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 22.3 | 29.7 | 37.3 | 38.5 | 20.0% |
| Poland | 9.0 | 23.1 | 30.7 | 28.0 | 46.0% |
| China | 12.4 | 9.4 | 9.7 | 9.2 | -9.5% |
| Finland | 2.1 | 4.0 | 8.0 | 6.5 | 45.7% |
| South Korea | 10.4 | 4.9 | 5.6 | 6.5 | -14.5% |
| Germany | 9.8 | 2.3 | 3.9 | 4.4 | -23.4% |
| Lithuania | 0.7 | 2.4 | 2.9 | 2.7 | 56.8% |
| Russia | 10.1 | 4.5 | 6.2 | 2.0 | -41.7% |
| Japan | 4.1 | 0.6 | 0.7 | 1.1 | -35.5% |
| Others | 27.2 | 12.6 | 15.2 | 18.1 | -12.7% |
| Total | 108 | 93.5 | 120 | 117 | 2.7% |
Top Suppliers of New Pneumatic Tyres, of Rubber to Estonia in 2022:
- Latvia (383.3K units)
- Poland (322.1K units)
- China (234.1K units)
- South Korea (100.4K units)
- Germany (84.0K units)
- Finland (41.9K units)
- Lithuania (32.6K units)
- Japan (18.6K units)
- Russia (17.4K units)
Exports of New Pneumatic Tyres, of Rubber in Estonia
In 2022, the amount of new pneumatic tyres, of rubbers exported from Estonia shrank notably to 253K units, which is down by -34.1% against the previous year. Over the period under review, exports continue to indicate a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. Over the period under review, the exports attained the peak figure at 762K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, new pneumatic tyres, of rubber exports shrank sharply to $30M in 2022. Overall, exports saw a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 23% against the previous year. The exports peaked at $53M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of New Pneumatic Tyres, of Rubber in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 15.0 | 17.0 | 21.7 | 12.9 | -4.9% |
| Latvia | 6.1 | 5.0 | 5.7 | 6.0 | -0.5% |
| Lithuania | 4.0 | 3.4 | 4.3 | 3.7 | -2.6% |
| Russia | 15.4 | 0.2 | 0.4 | 2.4 | -46.2% |
| Germany | 0.7 | 1.4 | 2.0 | 1.7 | 34.4% |
| Poland | 1.1 | 1.2 | 1.0 | 0.9 | -6.5% |
| Slovakia | 0.1 | 0.2 | 0.7 | 0.6 | 81.7% |
| Ukraine | 4.2 | 0.1 | 0.1 | 0.1 | -71.2% |
| Netherlands | 1.8 | 0.4 | 0.1 | 0.1 | -61.8% |
| Others | 4.2 | 1.1 | 1.0 | 1.4 | -30.7% |
| Total | 52.6 | 30.0 | 37.0 | 29.5 | -17.5% |
Top Export Markets for New Pneumatic Tyres, of Rubber from Estonia in 2022:
- Finland (114.4K units)
- Latvia (50.6K units)
- Lithuania (37.5K units)
- Germany (17.2K units)
- Poland (11.3K units)
- Russia (7.5K units)
- Slovakia (5.0K units)
- Netherlands (1.4K units)
- Ukraine (0.1K units)
124
This report provides an in-depth analysis of the aircraft tyre market in Estonia.
209
This report provides an in-depth analysis of the tyre market in Estonia.
129
This report provides an in-depth analysis of the market for agricultural, construction and industrial machinery tyre in Estonia.
536
This report provides an in-depth analysis of the passenger car tyre market in Estonia.
673
This report provides an in-depth analysis of the market for truck and bus tyre in Estonia.
635
This report provides an in-depth analysis of the market for motorcycle or bicycle tyre in Estonia.
309
This report provides an in-depth analysis of the roundwood market in Estonia.
394
This report provides an in-depth analysis of the seat market in Estonia.
130
This report provides an in-depth analysis of the market for soap in bars other than for toilet use in Estonia.
79
This report provides an in-depth analysis of the market for soap in bars for toilet use in Estonia.
478
The tyre industry has witnessed significant growth over the years, driven by the increasing demand for automobiles and the expanding global automotive industry. As a result, tire manufacturers around the world are constantly looking to tap into the best import markets for tyres to ensure their products reach a wider audience. The IndexBox Market Intelligence Platform provides comprehensive and up-to-date data on global trade, including import values, market trends, and key statistics. Based on the data sourced from the IndexBox platform, we have compiled a list of the top 10 countries with the highest import values for tyres in 2022. The United States takes the top spot with an import value of $18.7 billion in 2022, followed by Germany and France. Emerging economies like Mexico, Canada, and Australia also contribute significantly to the import market for tyres. The IndexBox market intelligence platform delivers valuable insights into these markets, helping manufacturers and traders make informed decisions and capitalize on the opportunities available.
2387
The global tire market is expected to reach $209 billion in 2030, growing with a CAGR of +2.4% from 2022 to 2030.
107
Explore the top import markets for agricultural, construction, and industrial machinery tyres in 2023. Find out which countries are leading the way in importing high-quality tyres for various sectors.
963
In value terms, machining centres, unit construction machines imports amounted to $X in 2016. Overall, it indicated a slight expansion from 2007 to 2016: the total imports value decreased at an ave...
1065
In value terms, agricultural, horticultural, forestry equipment imports totaled $X in 2016. Overall, it indicated a conspicuous growth from 2007 to 2016: the total imports value increased at an ave...
647
In value terms, machining centres, unit construction machines exports stood at $X in 2016. Overall, it indicated a mild growth from 2007 to 2016: the total exports value decreased at an average ann...
797
In value terms, agricultural, horticultural, forestry equipment exports stood at $X in 2016. Overall, it indicated a measured expansion from 2007 to 2016: the total exports value increased at an av...
2302
In 2016, the amount of agriculture tire imported worldwide stood at X tons, rising by X% against the previous year figure. Overall, agriculture tire imports continue to indicate a relatively flat ...
664
In 2016, the amount of agriculture tire imported worldwide stood at X tons, rising by X% against the previous year figure. Overall, agriculture tire imports continue to indicate a relatively flat ...
1204
Despite a rather deep plunge in exports in 2014, Japan remained the leader in the global tyres for agriculture trade. In 2014, Japan exported X million units of tyres for agriculture totaling X billion USD, X% under the previous year. Its primary tr
