Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Hong Kong SAR - 2023
Contents:
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Hong Kong SAR (CIF) - 2022
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Hong Kong SAR (FOB) - 2022
- Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Hong Kong SAR
- Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Hong Kong SAR
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Hong Kong SAR (CIF) - 2022
The average import price for rubber; inner tubes, of a kind used on bicycleses stood at $2.3 per unit in 2022, reducing by -2.9% against the previous year. Overall, the import price, however, continues to indicate a measured expansion. The pace of growth was the most pronounced in 2017 an increase of 44% against the previous year. Over the period under review, average import prices attained the maximum at $2.3 per unit in 2021, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3.6 per unit), while the price for Indonesia ($1.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+12.9%), 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 Hong Kong SAR (FOB) - 2022
In 2022, the average export price for rubber; inner tubes, of a kind used on bicycleses amounted to $3.1 per unit, declining by -12.1% against the previous year. Over the period under review, the export price, however, showed a prominent increase. The growth pace was the most rapid in 2019 an increase of 59% against the previous year. The export price peaked at $3.6 per unit in 2021, and then dropped in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($14 per unit), while the average price for exports to the Philippines ($0.7 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 the United States (+24.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Hong Kong SAR
In 2022, after three years of growth, there was significant decline in purchases abroad of rubber; inner tubes, of a kind used on bicycleses, when their volume decreased by -38.4% to 84K units. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 119%. As a result, imports attained the peak of 137K units, and then dropped sharply in the following year.
In value terms, imports of rubber; inner tubes, of a kind used on bicycleses contracted notably to $191K in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 151% against the previous year. As a result, imports reached the peak of $319K, and then reduced notably in the following year.
| Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.8 | 31.2 | 151 | 135 | 86.5% |
| Indonesia | N/A | N/A | N/A | 19.3 | 0% |
| Germany | 14.0 | 43.7 | 21.6 | 18.9 | 10.5% |
| Taiwan (Chinese) | 8.7 | 45.6 | 122 | 11.2 | 8.8% |
| Japan | 4.8 | 1.8 | 21.9 | 6.5 | 10.6% |
| Thailand | 8.9 | 5.0 | N/A | N/A | -43.8% |
| Others | N/A | N/A | 3.0 | N/A | 0% |
| Total | 57.1 | 127 | 319 | 191 | 49.6% |
Top Suppliers of Rubber; Inner Tubes, of A Kind Used On Bicycles to Hong Kong SAR in 2022:
- China (60.0K units)
- Indonesia (12.8K units)
- Germany (5.3K units)
- Taiwan (Chinese) (3.6K units)
- Japan (2.9K units)
Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Hong Kong SAR
In 2022, after three years of growth, there was significant decline in overseas shipments of rubber; inner tubes, of a kind used on bicycleses, when their volume decreased by -31.1% to 36K units. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 120%. As a result, the exports reached the peak of 53K units, and then contracted significantly in the following year.
In value terms, exports of rubber; inner tubes, of a kind used on bicycleses reduced rapidly to $114K in 2022. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 251% against the previous year. As a result, the exports reached the peak of $188K, and then dropped markedly in the following year.
| Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 14.1 | 24.6 | 61.9 | 75.4 | 74.9% |
| China | 10.7 | 3.6 | 1.3 | 22.2 | 27.5% |
| Philippines | N/A | N/A | N/A | 9.6 | 0% |
| Malaysia | N/A | 10.5 | 123 | 5.0 | -31.0% |
| Vietnam | N/A | 9.6 | N/A | N/A | 0% |
| Others | 0.2 | 5.3 | 1.4 | 1.8 | 108.0% |
| Total | 25.0 | 53.7 | 188 | 114 | 65.8% |
Top Export Markets for Rubber; Inner Tubes, of A Kind Used On Bicycles from Hong Kong SAR in 2022:
- China (15.4K units)
- Philippines (12.8K units)
- United States (5.4K units)
- Malaysia (2.2K units)
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