Price for Inner Tubes, of Rubber in Denmark - 2023

Contents:

1. Price for Inner Tubes, of Rubber in Denmark (CIF) - 2022
2. Price for Inner Tubes, of Rubber in Denmark (FOB) - 2023
3. Imports of Inner Tubes, of Rubber in Denmark
4. Exports of Inner Tubes, of Rubber in Denmark

Price for Inner Tubes, of Rubber in Denmark (CIF) - 2022

In 2022, the average inner tubes, of rubber import price amounted to $3.8 per unit, rising by 29% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, inner tubes, of rubber import price increased by +96.5% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of 33% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($7 per unit), while the price for Slovenia ($1.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Inner Tubes, of Rubber in Denmark (FOB) - 2023

The average inner tubes, of rubber export price stood at $9.7 per unit in July 2023, rising by 73% against the previous month. Over the period under review, export price indicated a notable expansion from July 2022 to July 2023: its price increased at an average monthly rate of +3.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, inner tubes, of rubber export price increased by +72.8% against June 2023 indices. The export price peaked at $10.9 per unit in February 2023; however, from March 2023 to July 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was the Netherlands ($16.5 per unit), while the average price for exports to Switzerland ($6.3 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Inner Tubes, of Rubber in Denmark

Inner tubes, of rubber imports into Denmark shrank to 1.6M units in 2022, waning by -12.5% against 2021. Over the period under review, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 2%. Over the period under review, imports attained the peak figure at 2.3M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, inner tubes, of rubber imports expanded significantly to $6.1M in 2022. The total import value increased at an average annual rate of +9.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 16%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Inner Tubes, of Rubber to Denmark in 2022:

1. China (616.7K units)
2. Germany (264.6K units)
3. South Korea (135.0K units)
4. Netherlands (87.1K units)
5. Thailand (76.8K units)
6. Taiwan (Chinese) (70.0K units)
7. Indonesia (67.1K units)
8. Vietnam (59.5K units)
9. Slovenia (43.2K units)
10. France (41.9K units)
11. Sweden (40.8K units)
12. Czech Republic (28.4K units)
13. Italy (2.7K units)

Exports of Inner Tubes, of Rubber in Denmark

For the fourth consecutive year, Denmark recorded growth in shipments abroad of inner tubes, of rubbers, which increased by 25% to 810K units in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +24.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +90.5% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 28%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, inner tubes, of rubber exports skyrocketed to $2.9M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +92.0% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 46% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Inner Tubes, of Rubber from Denmark in 2022:

1. Sweden (331.5K units)
2. Germany (115.6K units)
3. Finland (103.8K units)
4. Norway (59.9K units)
5. Netherlands (32.4K units)
6. Iceland (29.5K units)
7. Poland (27.2K units)
8. Switzerland (23.1K units)
9. France (12.8K units)
10. United Kingdom (9.4K units)
11. Russia (6.3K units)
12. Faroe Islands (0.8K units)

Source: IndexBox Market Intelligence Platform