Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Sweden - 2023

Contents:

  1. Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Sweden (CIF) - 2023
  2. Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Sweden (FOB) - 2022
  3. Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Sweden
  4. Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Sweden

Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Sweden (CIF) - 2023

In November 2023, the average import price for rubber; inner tubes, of a kind used on bicycleses amounted to $2.0 per unit, reducing by -4.8% against the previous month. Over the period under review, import price indicated slight growth from November 2022 to November 2023: its price increased at an average monthly rate of +1.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for rubber; inner tubes, of a kind used on bicycleses decreased by +0.4% against September 2023 indices. The pace of growth was the most pronounced in April 2023 when the average import price increased by 34% against the previous month. As a result, import price attained the peak level of $2.9 per unit. From May 2023 to November 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Finland ($3.0 per unit), while the price for the Netherlands ($1.5 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Sweden (FOB) - 2022

The average export price for rubber; inner tubes, of a kind used on bicycleses stood at $2.5 per unit in 2022, falling by -4.4% against the previous year. In general, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for rubber; inner tubes, of a kind used on bicycleses increased by +38.0% against 2016 indices. The most prominent rate of growth was recorded in 2019 an increase of 20%. Over the period under review, the average export prices hit record highs at $2.6 per unit in 2021, and then contracted modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($3.5 per unit), while the average price for exports to Poland ($1.2 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 Denmark (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Sweden

In 2022, after two years of decline, there was significant growth in supplies from abroad of rubber; inner tubes, of a kind used on bicycleses, when their volume increased by 30% to 2M units. Over the period under review, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of rubber; inner tubes, of a kind used on bicycleses soared to $3.8M in 2022. The total import value increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,1321,9511,7002,1550.4%
Denmark51.263.296.3520116.6%
Germany494302322337-12.0%
Finland10529238930642.8%
Sri LankaN/AN/A136281106.6%
Netherlands73.849.074.312418.9%
Others20111711899.2-21.0%
Total3,0572,7752,8363,8227.7%

Top Suppliers of Rubber; Inner Tubes, of A Kind Used On Bicycles to Sweden in 2022:

  1. China (1257.4K units)
  2. Denmark (248.8K units)
  3. Germany (154.5K units)
  4. Sri Lanka (121.6K units)
  5. Finland (89.8K units)
  6. Netherlands (78.4K units)

Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Sweden

In 2022, exports of rubber; inner tubes, of a kind used on bicycleses from Sweden fell to 204K units, reducing by -10.3% against the year before. In general, exports faced a sharp slump. The smallest decline of -5.7% was in 2021. Over the period under review, the exports of attained the maximum at 463K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of rubber; inner tubes, of a kind used on bicycleses reduced to $509K in 2022. Over the period under review, exports faced a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 10%. The exports peaked at $982K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland543213311263-21.5%
Denmark310217155160-19.8%
Norway42.482.310466.616.2%
Poland5.94.84.26.32.2%
Austria75.021.019.2N/A-49.4%
Others6.10.30.912.727.7%
Total982538594509-19.7%

Top Export Markets for Rubber; Inner Tubes, of A Kind Used On Bicycles from Sweden in 2022:

  1. Finland (94.9K units)
  2. Denmark (81.8K units)
  3. Norway (19.1K units)
  4. Poland (5.2K units)

Source: IndexBox Market Intelligence Platform

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