Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Paraguay - 2024

Contents:

  1. Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Paraguay (CIF) - 2022
  2. Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Paraguay

Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Paraguay (CIF) - 2022

In 2022, the average import price for rubber; inner tubes, of a kind used on bicycleses amounted to $1.4 per unit, with an increase of 19% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Thailand ($1.4 per unit) and China ($1.4 per unit), while the price for Brazil ($1.4 per unit) and Taiwan (Chinese) ($1.4 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Paraguay

Imports of rubber; inner tubes, of a kind used on bicycleses into Paraguay declined to 433K units in 2022, which is down by -12.4% compared with the year before. Overall, imports, however, saw a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 124% against the previous year. As a result, imports attained the peak of 495K units, and then shrank in the following year.

In value terms, imports of rubber; inner tubes, of a kind used on bicycleses rose to $601K in 2022. Over the period under review, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 137% against the previous year. Imports peaked 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 Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China24017638559235.1%
Thailand60.848.21286.3-53.0%
Vietnam23.613.5N/A0.9-66.3%
Brazil7.04.639.40.3-65.0%
Others6.20.122.11.4-39.1%
Total33724257560121.3%

Top Suppliers of Rubber; Inner Tubes, of A Kind Used On Bicycles to Paraguay in 2022:

  1. China (426.9K units)
  2. Thailand (4.6K units)
  3. Vietnam (0.7K units)
  4. Brazil (0.2K units)

Source: IndexBox Market Intelligence Platform

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