Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Latvia - 2023
Contents:
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Latvia (CIF) - 2022
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Latvia (FOB) - 2022
- Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Latvia
- Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Latvia
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Latvia (CIF) - 2022
The average import price for rubber; inner tubes, of a kind used on bicycleses stood at $1.6 per unit in 2022, which is down by -4.7% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 36% against the previous year. The import price peaked at $1.7 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($4.8 per unit), while the price for China ($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 the Netherlands (+9.7%), 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 Latvia (FOB) - 2022
The average export price for rubber; inner tubes, of a kind used on bicycleses stood at $1.7 per unit in 2022, remaining relatively unchanged against the previous year. In general, the export price saw a strong increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 137% against the previous year. Over the period under review, the average export prices attained the maximum at $1.8 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($2.2 per unit), while the average price for exports to Romania ($1.2 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 Denmark (+28.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Latvia
After three years of growth, supplies from abroad of rubber; inner tubes, of a kind used on bicycleses decreased by -15.2% to 95K units in 2022. The total import volume increased at an average annual rate of +5.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 30% against the previous year. As a result, imports attained the peak of 112K units, and then shrank notably in the following year.
In value terms, imports of rubber; inner tubes, of a kind used on bicycleses declined dramatically to $148K in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.0% 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 +40.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 51%. As a result, imports attained the peak of $183K, and then contracted sharply in the following year.
| Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 24.6 | 27.4 | 59.2 | 55.3 | 31.0% |
| Germany | 22.6 | 33.5 | 22.9 | 48.1 | 28.6% |
| Czech Republic | 10.5 | 19.2 | 21.3 | 17.5 | 18.6% |
| Poland | 21.9 | 16.5 | 25.5 | 16.6 | -8.8% |
| Lithuania | 5.3 | 6.0 | 9.5 | 3.0 | -17.3% |
| Estonia | 11.8 | 11.8 | 20.1 | 2.2 | -42.9% |
| Netherlands | 4.1 | 4.0 | 8.5 | 2.0 | -21.3% |
| Others | 4.4 | 2.8 | 15.9 | 3.2 | -10.1% |
| Total | 105 | 121 | 183 | 148 | 12.1% |
Top Suppliers of Rubber; Inner Tubes, of A Kind Used On Bicycles to Latvia in 2022:
- China (49.9K units)
- Germany (24.4K units)
- Poland (9.8K units)
- Czech Republic (5.8K units)
- Lithuania (1.8K units)
- Estonia (0.9K units)
- Netherlands (0.4K units)
Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Latvia
In 2022, overseas shipments of rubber; inner tubes, of a kind used on bicycleses increased by 37% to 13K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a relatively flat trend pattern. The exports peaked at 13K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of rubber; inner tubes, of a kind used on bicycleses surged to $22K in 2022. Overall, exports, however, saw a relatively flat trend pattern. The exports peaked at $22K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 13.6 | 6.8 | 5.1 | 8.8 | -13.5% |
| Estonia | 6.7 | 6.2 | 8.4 | 7.2 | 2.4% |
| Romania | N/A | 0.3 | 0.2 | 4.3 | 278.6% |
| Poland | N/A | N/A | 0.5 | 1.2 | 140.0% |
| Hungary | N/A | 0.4 | 1.5 | 0.4 | 0.0% |
| Russia | 1.6 | 3.4 | N/A | N/A | 112.5% |
| Others | 0.5 | 0.5 | 0.1 | 0.1 | -41.5% |
| Total | 22.3 | 17.5 | 15.9 | 21.9 | -0.6% |
Top Export Markets for Rubber; Inner Tubes, of A Kind Used On Bicycles from Latvia in 2022:
- Lithuania (4.3K units)
- Romania (3.8K units)
- Estonia (3.2K units)
- Poland (1.0K units)
- Hungary (0.3K units)
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