Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Kenya - 2022
Contents:
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Kenya (CIF) - 2022
- Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Kenya
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Kenya (CIF) - 2022
In 2022, the average import price for rubber; inner tubes, of a kind used on bicycleses amounted to $0.9 per unit, increasing by 5.2% against the previous year. Overall, the import price, however, continues to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2018 when the average import price increased by 8.3%. The import price peaked at $1.2 per unit in 2016; however, from 2017 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 China ($1.4 per unit), while the price for India stood at $0.7 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.9%).
Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Kenya
In 2022, overseas purchases of rubber; inner tubes, of a kind used on bicycleses decreased by -0.2% to 3.6M units for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.3% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 67%. Over the period under review, imports of hit record highs at 3.6M units in 2021, and then fell slightly in the following year.
In value terms, imports of rubber; inner tubes, of a kind used on bicycleses totaled $3.1M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +17.9% 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 +64.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 54%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.
| Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.8 | 1.9 | 2.0 | 2.2 | 40.1% |
| China | 1.0 | 0.9 | 0.9 | 0.8 | -7.2% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 1.9 | 2.9 | 2.9 | 3.1 | 17.7% |
Top Suppliers of Rubber; Inner Tubes, of A Kind Used On Bicycles to Kenya in 2022:
- India (2.9M units)
- China (0.6M units)
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