Price for Used Pneumatic Tyres of Rubber in Japan - 2023
Contents:
- Price for Used Pneumatic Tyres of Rubber in Japan (FOB) - 2023
- Price for Used Pneumatic Tyres of Rubber in Japan (CIF) - 2022
- Exports of Used Pneumatic Tyres of Rubber in Japan
- Imports of Used Pneumatic Tyres of Rubber in Japan
Price for Used Pneumatic Tyres of Rubber in Japan (FOB) - 2023
The average export price for used pneumatic tyres of rubbers stood at $11.5 per unit in July 2023, surging by 4.5% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 7.7% month-to-month. Over the period under review, the average export prices hit record highs in July 2023.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Bolivia ($16.6 per unit), while the average price for exports to Thailand ($8.0 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Used Pneumatic Tyres of Rubber in Japan (CIF) - 2022
In 2022, the average import price for used pneumatic tyres of rubbers amounted to $34 per unit, picking up by 16% against the previous year. Over the period under review, the import price, however, saw a pronounced setback. The pace of growth appeared the most rapid in 2014 an increase of 23%. As a result, import price attained the peak level of $54 per unit. From 2015 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Philippines ($34 per unit) and China ($34 per unit), while the price for France ($34 per unit) and Thailand ($34 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-2.5%), while the prices for the other major suppliers experienced a decline.
Exports of Used Pneumatic Tyres of Rubber in Japan
For the third year in a row, Japan recorded decline in overseas shipments of used pneumatic tyres of rubbers, which decreased by -29.3% to 2.2M units in 2022. Over the period under review, exports faced a deep reduction. The smallest decline of -10.9% was in 2020. Over the period under review, the exports attained the maximum at 4M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, used pneumatic tyres of rubber exports rose significantly to $99M in 2022. Overall, exports showed a pronounced decrease. The exports peaked at $110M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Used Pneumatic Tyres of Rubber in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.8 | 0.1 | 0.1 | 20.5 | 194.8% |
| United States | 17.3 | 17.4 | 11.8 | 11.1 | -13.8% |
| Malaysia | 18.3 | 13.8 | 13.0 | 9.6 | -19.3% |
| Mongolia | 11.5 | 9.9 | 10.8 | 9.0 | -7.8% |
| Bolivia | 6.9 | 5.4 | 6.1 | 6.4 | -2.5% |
| Myanmar | N/A | N/A | N/A | 6.3 | 0% |
| Paraguay | 4.7 | 5.1 | 7.8 | 4.5 | -1.4% |
| Senegal | 4.1 | 5.6 | 4.1 | 3.7 | -3.4% |
| Ghana | 3.1 | 4.9 | 4.3 | 2.9 | -2.2% |
| El Salvador | 3.6 | 3.0 | 2.6 | 2.9 | -7.0% |
| South Korea | 6.2 | 4.0 | 3.5 | 2.3 | -28.1% |
| Guinea | 1.9 | 2.1 | 1.9 | 2.2 | 5.0% |
| Georgia | 4.0 | 2.8 | 2.3 | 1.8 | -23.4% |
| Others | 27.3 | 23.4 | 19.8 | 15.7 | -16.8% |
| Total | 110 | 97.4 | 88.1 | 98.6 | -3.6% |
Top Export Markets for Used Pneumatic Tyres of Rubber from Japan in 2022:
- United States (296.8K units)
- Malaysia (257.6K units)
- Mongolia (240.5K units)
- United Arab Emirates (172.0K units)
- Bolivia (170.6K units)
- Paraguay (119.7K units)
- Senegal (98.3K units)
- El Salvador (78.3K units)
- Ghana (76.4K units)
- Myanmar (67.2K units)
- South Korea (61.6K units)
- Guinea (58.1K units)
- Georgia (48.0K units)
Imports of Used Pneumatic Tyres of Rubber in Japan
In 2022, imports of used pneumatic tyres of rubbers into Japan declined to 23K units, which is down by -8.5% on the year before. Overall, imports continue to indicate a deep downturn. The smallest decline of -6.4% was in 2021. Imports peaked at 31K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, used pneumatic tyres of rubber imports rose sharply to $788K in 2022. Over the period under review, imports recorded a abrupt shrinkage. Imports peaked at $1.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Used Pneumatic Tyres of Rubber in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.4 | 5.5 | 3.2 | 171 | 653.3% |
| United States | 5.8 | 6.9 | 4.4 | 141 | 189.7% |
| Thailand | 4.8 | 2.8 | 4.1 | 128 | 198.8% |
| China | 5.6 | 9.1 | 5.9 | 113 | 172.2% |
| Brazil | 0.2 | 0.5 | 0.8 | 50.0 | 530.0% |
| United Kingdom | N/A | N/A | 0.7 | 26.1 | 3628.6% |
| Hong Kong SAR | 1.9 | 1.7 | 1.6 | 23.0 | 129.6% |
| France | 1.8 | N/A | 1.7 | 19.5 | 121.3% |
| Belgium | 2.3 | 1.1 | 1.4 | 18.6 | 100.7% |
| Turkey | 0.2 | 0.1 | 0.2 | 13.3 | 305.1% |
| Philippines | 0.2 | 0.1 | N/A | 12.6 | 297.9% |
| United Arab Emirates | 1,097 | 916 | 718 | 5.5 | -82.9% |
| Others | 4.8 | 5.1 | 2.5 | 65.1 | 138.5% |
| Total | 1,125 | 949 | 745 | 788 | -11.2% |
Top Suppliers of Used Pneumatic Tyres of Rubber to Japan in 2022:
- Netherlands (5.0K units)
- United States (4.1K units)
- Thailand (3.8K units)
- China (3.3K units)
- Brazil (1.5K units)
- United Kingdom (0.8K units)
- Hong Kong SAR (0.7K units)
- France (0.6K units)
- Belgium (0.5K units)
- Turkey (0.4K units)
- Philippines (0.4K units)
- United Arab Emirates (0.2K units)
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