Price for Used Pneumatic Tyres of Rubber in Morocco - 2022

Contents:

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

Price for Used Pneumatic Tyres of Rubber in Morocco (FOB) - 2022

The average export price for used pneumatic tyres of rubbers stood at $126 per unit in 2022, picking up by 15% against the previous year. Overall, the export price showed significant growth. The pace of growth was the most pronounced in 2014 an increase of 55,421% against the previous year. The export price peaked at $158 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mauritania ($142 per unit), while the average price for exports to Belgium stood at $112 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+59.5%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Used Pneumatic Tyres of Rubber in Morocco (CIF) - 2022

The average import price for used pneumatic tyres of rubbers stood at $34 per unit in 2022, surging by 79% against the previous year. Overall, the import price, however, showed a noticeable downturn. Over the period under review, average import prices hit record highs at $57 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($34 per unit), while the price for Spain ($34 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-2.6%).

Exports of Used Pneumatic Tyres of Rubber in Morocco

In 2022, used pneumatic tyres of rubber exports from Morocco expanded remarkably to 740 units, surging by 15% on 2021. Over the period under review, exports, however, continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 1,746% against the previous year. Over the period under review, the exports attained the maximum at 1.9K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, used pneumatic tyres of rubber exports skyrocketed to $93K in 2022. Overall, exports showed a temperate increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,189% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Export of Used Pneumatic Tyres of Rubber in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium47.1N/A67.252.03.4%
Mauritania34.11.63.538.33.9%
Spain1.0N/AN/AN/A0%
Italy1.7N/AN/AN/A0%
Others1.03.9N/A2.637.5%
Total85.05.570.793.03.0%

Top Export Markets for Used Pneumatic Tyres of Rubber from Morocco in 2022:

  1. Belgium (465.0 units)
  2. Mauritania (271.0 units)
  3. Italy (1.0 units)
  4. Spain (1.0 units)

Imports of Used Pneumatic Tyres of Rubber in Morocco

Used pneumatic tyres of rubber imports into Morocco skyrocketed to 6.5K units in 2022, rising by 6,138% against 2021. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, used pneumatic tyres of rubber imports skyrocketed to $221K in 2022. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Used Pneumatic Tyres of Rubber in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A1320%
BelgiumN/AN/AN/A57.30%
Spain0.90.7N/A31.0225.4%
Others1.63.02.00.3-42.8%
Total2.53.72.0221345.5%

Top Suppliers of Used Pneumatic Tyres of Rubber to Morocco in 2022:

  1. United States (3.9K units)
  2. Belgium (1.7K units)
  3. Spain (0.9K units)

Source: IndexBox Market Intelligence Platform

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