Price for Used Pneumatic Tyres of Rubber in Ethiopia - 2021

Contents:

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

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

The average import price for used pneumatic tyres of rubbers stood at $93 per unit in 2022, rising by 8.5% against the previous year. In general, the import price saw slight growth. The most prominent rate of growth was recorded in 2018 an increase of 60%. Over the period under review, average import prices reached the peak figure at $122 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to +174.1% per year.

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

In 2022, the average export price for used pneumatic tyres of rubbers amounted to $52 per unit, picking up by 38% against the previous year. Over the period under review, the export price, however, recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when the average export price increased by 40% against the previous year. The export price peaked at $104 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($52 per unit), while the average price for exports to Belgium totaled $52 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-0.2%).

Imports of Used Pneumatic Tyres of Rubber in Ethiopia

After three years of growth, supplies from abroad of used pneumatic tyres of rubbers decreased by -99.2% to 68 units in 2022. Over the period under review, imports recorded a precipitous contraction. The pace of growth was the most pronounced in 2020 with an increase of 207% against the previous year. Imports peaked at 9K units in 2021, and then dropped rapidly in the following year.

In value terms, used pneumatic tyres of rubber imports shrank remarkably to $6.3K in 2022. Overall, imports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 194%. As a result, imports attained the peak of $766K, and then reduced notably in the following year.

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

1. China (68.0 units)

Exports of Used Pneumatic Tyres of Rubber in Ethiopia

In 2022, shipments abroad of used pneumatic tyres of rubbers was finally on the rise to reach 2.2K units after two years of decline. Overall, exports, however, recorded a abrupt downturn. Over the period under review, the exports hit record highs at 3.5K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, used pneumatic tyres of rubber exports surged to $115K in 2022. In general, exports, however, faced a sharp slump. Over the period under review, the exports attained the peak figure at $262K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. France (1.4K units)
2. Belgium (0.8K units)

Source: IndexBox Market Intelligence Platform