Price for Used Pneumatic Tyres of Rubber in India - 2023

Contents:

1. Price for Used Pneumatic Tyres of Rubber in India (CIF) - 2022
2. Price for Used Pneumatic Tyres of Rubber in India (FOB) - 2022
3. Imports of Used Pneumatic Tyres of Rubber in India
4. Exports of Used Pneumatic Tyres of Rubber in India

Price for Used Pneumatic Tyres of Rubber in India (CIF) - 2022

The average import price for used pneumatic tyres of rubbers stood at $3.1 per unit in 2022, declining by -17.9% against the previous year. In general, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2016 an increase of 37% against the previous year. The import price peaked at $13 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -10.5% per year.

Price for Used Pneumatic Tyres of Rubber in India (FOB) - 2022

In 2022, the average export price for used pneumatic tyres of rubbers amounted to $18 per unit, reducing by -12.3% against the previous year. Over the period under review, the export price saw a abrupt slump. The pace of growth appeared the most rapid in 2017 an increase of 216%. The export price peaked at $99 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($128 per unit), while the average price for exports to the United Arab Emirates ($7.7 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 Indonesia (+109.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Used Pneumatic Tyres of Rubber in India

After three years of growth, purchases abroad of used pneumatic tyres of rubbers decreased by -14.4% to 885K units in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 513%. Imports peaked at 1M units in 2021, and then shrank in the following year.

In value terms, used pneumatic tyres of rubber imports shrank notably to $2.8M in 2022. Over the period under review, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 274%. Over the period under review, imports attained the maximum at $4M in 2021, and then fell markedly in the following year.

Top Suppliers of Used Pneumatic Tyres of Rubber to India in 2022:

1. United Arab Emirates (884.7K units)

Exports of Used Pneumatic Tyres of Rubber in India

Used pneumatic tyres of rubber exports from India skyrocketed to 7.4K units in 2022, growing by 95% on 2021 figures. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 469%. As a result, the exports attained the peak of 7.5K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, used pneumatic tyres of rubber exports surged to $136K in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 659%. As a result, the exports attained the peak of $181K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Used Pneumatic Tyres of Rubber from India in 2022:

1. Nepal (5.4K units)
2. United Arab Emirates (1.2K units)
3. Japan (0.4K units)
4. Nigeria (0.2K units)
5. Maldives (0.2K units)

Source: IndexBox Market Intelligence Platform