Price for New Pneumatic Tyres, of Rubber in Greece - 2022

Contents:

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

Price for New Pneumatic Tyres, of Rubber in Greece (CIF) - 2022

In April 2022, the average import price for new pneumatic tyres, of rubbers amounted to $59.8 per unit, shrinking by -6.6% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2021 an increase of 16% m-o-m. The import price peaked at $64.0 per unit in March 2022, and then shrank in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was France ($80.6 per unit), while the price for Vietnam ($44.4 per unit) was amongst the lowest.

From April 2021 to April 2022, the most notable rate of growth in terms of prices was attained by Thailand (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for New Pneumatic Tyres, of Rubber in Greece (FOB) - 2022

In 2022, the average export price for new pneumatic tyres, of rubbers amounted to $102 per unit, surging by 7.6% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 33% against the previous year. Over the period under review, the average export prices attained the peak figure at $103 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($309 per unit), while the average price for exports to Italy ($33 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 Bulgaria (+8.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of New Pneumatic Tyres, of Rubber in Greece

For the fourth year in a row, Greece recorded growth in purchases abroad of new pneumatic tyres, of rubbers, which increased by 2.2% to 6.8M units in 2022. The total import volume increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 when imports increased by 12% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, new pneumatic tyres, of rubber imports stood at $314M in 2022. The total import value increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Import of New Pneumatic Tyres, of Rubber in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China22.523.228.034.415.2%
Belgium38.032.040.734.2-3.5%
France35.030.834.628.8-6.3%
Turkey21.216.424.824.24.5%
Poland23.119.221.621.3-2.7%
Italy11.29.813.717.415.8%
Thailand13.19.711.416.68.2%
India6.06.510.712.527.7%
Slovenia7.310.716.711.215.3%
Vietnam4.04.84.710.437.5%
Germany11.09.310.510.3-2.2%
Hungary11.28.110.69.7-4.7%
Serbia10.68.38.78.8-6.0%
Others63.252.665.074.85.8%
Total2772413023144.3%

Top Suppliers of New Pneumatic Tyres, of Rubber to Greece in 2022:

  1. China (1225.7K units)
  2. Vietnam (929.5K units)
  3. Belgium (577.7K units)
  4. Turkey (400.1K units)
  5. Poland (380.9K units)
  6. France (372.4K units)
  7. Thailand (315.3K units)
  8. Italy (313.8K units)
  9. Slovenia (280.3K units)
  10. Serbia (275.8K units)
  11. Hungary (214.4K units)
  12. India (190.1K units)
  13. Germany (186.1K units)

Exports of New Pneumatic Tyres, of Rubber in Greece

In 2022, approx. 159K units of new pneumatic tyres, of rubbers were exported from Greece; falling by -11.1% compared with the year before. Over the period under review, exports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 10%. As a result, the exports attained the peak of 178K units, and then dropped in the following year.

In value terms, new pneumatic tyres, of rubber exports declined slightly to $16M in 2022. The total export value increased at an average annual rate of +7.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, the exports attained the peak of $17M, and then dropped modestly in the following year.

Export of New Pneumatic Tyres, of Rubber in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus6.14.96.77.15.2%
Albania3.02.63.63.22.2%
Bulgaria1.91.82.42.915.1%
Germany0.51.21.00.66.3%
ItalyN/A0.10.20.373.2%
Hungary0.40.50.50.3-9.1%
Slovenia0.10.2N/A0.226.0%
CroatiaN/AN/AN/A0.20%
Others1.22.12.51.57.7%
Total13.113.416.916.17.1%

Top Export Markets for New Pneumatic Tyres, of Rubber from Greece in 2022:

  1. Cyprus (70.3K units)
  2. Albania (35.9K units)
  3. Bulgaria (9.3K units)
  4. Italy (7.7K units)
  5. Germany (7.0K units)
  6. Hungary (5.1K units)
  7. Slovenia (4.9K units)
  8. Croatia (2.9K units)

Source: IndexBox Market Intelligence Platform

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