Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Italy - 2023
Contents:
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Italy (CIF) - 2023
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Italy (FOB) - 2022
- Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Italy
- Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Italy
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Italy (CIF) - 2023
The average import price for rubber; inner tubes, of a kind used on bicycleses stood at $1.4 per unit in December 2023, picking up by 6.8% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 30% month-to-month. As a result, import price attained the peak level of $1.7 per unit. From May 2023 to December 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($1.6 per unit), while the price for Indonesia ($1.0 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+5.5%), 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 Italy (FOB) - 2022
The average export price for rubber; inner tubes, of a kind used on bicycleses stood at $2.5 per unit in 2022, increasing by 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2020 an increase of 18%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($4 per unit), while the average price for exports to Romania ($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 Finland (+8.4%), 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 Italy
In 2022, approx. 21M units of rubber; inner tubes, of a kind used on bicycleses were imported into Italy; remaining stable against 2021 figures. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +19.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 62% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of rubber; inner tubes, of a kind used on bicycleses totaled $27M in 2022. Overall, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 85%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.
| Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.8 | 6.4 | 13.2 | 14.9 | 37.0% |
| Indonesia | 0.3 | 0.5 | 2.0 | 3.8 | 133.1% |
| Thailand | 2.0 | 1.8 | 3.5 | 2.8 | 11.9% |
| France | 1.3 | 1.1 | 2.0 | 1.5 | 4.9% |
| Germany | 0.3 | 0.7 | 1.0 | 1.5 | 71.0% |
| Spain | 1.1 | 1.2 | 1.2 | 1.1 | 0.0% |
| Vietnam | 0.6 | 0.8 | 0.6 | 0.2 | -30.7% |
| Others | 0.5 | 0.5 | 0.8 | 1.0 | 26.0% |
| Total | 11.9 | 13.0 | 24.1 | 26.8 | 31.1% |
Top Suppliers of Rubber; Inner Tubes, of A Kind Used On Bicycles to Italy in 2022:
- China (12.0M units)
- Thailand (3.1M units)
- Indonesia (2.9M units)
- France (0.9M units)
- Spain (0.7M units)
- Germany (0.6M units)
- Vietnam (0.2M units)
Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Italy
After three years of growth, overseas shipments of rubber; inner tubes, of a kind used on bicycleses decreased by -24.5% to 1.8M units in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +14.8% 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 +51.1% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 52% against the previous year. As a result, the exports attained the peak of 2.4M units, and then fell remarkably in the following year.
In value terms, exports of rubber; inner tubes, of a kind used on bicycleses declined to $4.6M in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 61% against the previous year. As a result, the exports reached the peak of $5.2M, and then dropped in the following year.
| Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 126 | 355 | 437 | 613 | 69.4% |
| Netherlands | 334 | 271 | 854 | 566 | 19.2% |
| Spain | 445 | 790 | 853 | 545 | 7.0% |
| Bulgaria | 10.7 | 17.7 | 23.0 | 404 | 235.5% |
| France | 129 | 285 | 632 | 318 | 35.1% |
| United Kingdom | 166 | 370 | 411 | 276 | 18.5% |
| Finland | 0.1 | 0.2 | 0.6 | 242 | 1242.6% |
| Croatia | 149 | 159 | 185 | 183 | 7.1% |
| Belgium | 131 | 136 | 242 | 159 | 6.7% |
| Poland | 69.6 | 73.4 | 125 | 118 | 19.2% |
| Ecuador | N/A | 7.2 | 3.5 | 89.8 | 253.2% |
| Hungary | 26.2 | 41.9 | 24.1 | 89.6 | 50.7% |
| Romania | 37.7 | 20.9 | 35.3 | 28.3 | -9.1% |
| Others | 483 | 727 | 1,403 | 997 | 27.3% |
| Total | 2,107 | 3,254 | 5,229 | 4,629 | 30.0% |
Top Export Markets for Rubber; Inner Tubes, of A Kind Used On Bicycles from Italy in 2022:
- Netherlands (235.0K units)
- Germany (223.4K units)
- Spain (191.2K units)
- Bulgaria (190.8K units)
- Croatia (124.8K units)
- France (102.5K units)
- United Kingdom (87.9K units)
- Belgium (84.8K units)
- Poland (69.5K units)
- Hungary (61.0K units)
- Finland (60.7K units)
- Ecuador (43.9K units)
- Romania (41.0K units)
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