Price for Inner Tubes, of Rubber in Bulgaria - 2023
Contents:
- Price for Inner Tubes, of Rubber in Bulgaria (CIF) - 2023
- Price for Inner Tubes, of Rubber in Bulgaria (FOB) - 2022
- Imports of Inner Tubes, of Rubber in Bulgaria
- Exports of Inner Tubes, of Rubber in Bulgaria
Price for Inner Tubes, of Rubber in Bulgaria (CIF) - 2023
In July 2023, the average inner tubes, of rubber import price amounted to $4.7 per unit, surging by 1.7% against the previous month. Over the period under review, the import price, however, showed a pronounced descent. The most prominent rate of growth was recorded in February 2023 an increase of 25% m-o-m. Over the period under review, average import prices attained the maximum at $6.6 per unit in October 2022; however, from November 2022 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Romania ($10.4 per unit), while the price for China ($2.5 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+47.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Inner Tubes, of Rubber in Bulgaria (FOB) - 2022
The average inner tubes, of rubber export price stood at $4.3 per unit in 2022, increasing by 25% against the previous year. Over the period under review, the export price, however, saw a pronounced reduction. The growth pace was the most rapid in 2018 when the average export price increased by 104% against the previous year. Over the period under review, the average export prices attained the peak figure at $5.8 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($5.1 per unit), while the average price for exports to Serbia ($3.3 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 UK (+108.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Inner Tubes, of Rubber in Bulgaria
In 2022, imports of inner tubes, of rubbers into Bulgaria totaled 1.6M units, picking up by 12% against the previous year. Over the period under review, imports, however, faced a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 25%. Imports peaked at 2.4M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, inner tubes, of rubber imports soared to $5.1M in 2022. In general, imports, however, faced a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. Over the period under review, imports reached the peak figure at $9.7M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Inner Tubes, of Rubber in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 790 | 970 | 1,573 | 2,059 | 37.6% |
| China | 262 | 310 | 415 | 774 | 43.5% |
| Indonesia | N/A | N/A | N/A | 569 | 0% |
| Poland | 196 | 194 | 234 | 431 | 30.0% |
| Czech Republic | 377 | 446 | 557 | 323 | -5.0% |
| Germany | 413 | 393 | 380 | 195 | -22.1% |
| Brazil | 2.6 | 74.2 | 173 | 190 | 318.1% |
| Slovakia | 7,133 | 5.8 | N/A | N/A | -99.9% |
| Others | 505 | 498 | 550 | 583 | 4.9% |
| Total | 9,679 | 2,890 | 3,882 | 5,123 | -19.1% |
Top Suppliers of Inner Tubes, of Rubber to Bulgaria in 2022:
- Vietnam (541.2K units)
- China (327.7K units)
- Poland (182.1K units)
- Indonesia (141.6K units)
- Brazil (106.1K units)
- Czech Republic (68.5K units)
- Germany (43.9K units)
Exports of Inner Tubes, of Rubber in Bulgaria
In 2022, shipments abroad of inner tubes, of rubbers was finally on the rise to reach 20K units after two years of decline. Over the period under review, exports, however, showed a relatively flat trend pattern. The exports peaked at 20K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, inner tubes, of rubber exports skyrocketed to $84K in 2022. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Inner Tubes, of Rubber in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| North Macedonia | 11.1 | 12.6 | 18.6 | 18.3 | 18.1% |
| Russia | 0.6 | 0.6 | 3.5 | 15.8 | 197.5% |
| Greece | 1.9 | 0.7 | 1.3 | 13.9 | 94.1% |
| Bosnia and Herzegovina | 4.1 | N/A | 2.9 | 10.5 | 36.8% |
| Kosovo | N/A | 2.4 | 2.5 | 4.4 | 35.4% |
| Romania | 0.8 | 0.9 | 0.8 | 2.6 | 48.1% |
| Moldova | N/A | N/A | 0.4 | 2.0 | 400.0% |
| Serbia | 8.4 | 22.1 | 2.3 | 1.7 | -41.3% |
| Others | 6.4 | 8.3 | 11.8 | 14.4 | 31.0% |
| Total | 33.2 | 47.7 | 44.0 | 83.8 | 36.2% |
Top Export Markets for Inner Tubes, of Rubber from Bulgaria in 2022:
- North Macedonia (5.5K units)
- Russia (4.7K units)
- Greece (2.7K units)
- Bosnia and Herzegovina (2.1K units)
- Kosovo (1.1K units)
- Romania (0.6K units)
- Serbia (0.5K units)
- Moldova (0.5K units)
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