Price for Used Pneumatic Tyres of Rubber in Luxembourg - 2023

Contents:

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

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

In 2022, the average import price for used pneumatic tyres of rubbers amounted to $92 per unit, reducing by -2.7% against the previous year. Overall, the import price, however, posted moderate growth. The pace of growth appeared the most rapid in 2021 an increase of 60% against the previous year. Over the period under review, average import prices hit record highs at $104 per unit in 2019; however, from 2020 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 ($314 per unit), while the price for France ($21 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 (+22.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for used pneumatic tyres of rubbers stood at $30 per unit in 2022, surging by 27% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 130% against the previous year. The export price peaked at $32 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($64 per unit), while the average price for exports to the Netherlands ($29 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 Germany (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Used Pneumatic Tyres of Rubber in Luxembourg

Used pneumatic tyres of rubber imports into Luxembourg fell markedly to 1.7K units in 2022, shrinking by -45.8% compared with the previous year. Overall, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 117% against the previous year. As a result, imports reached the peak of 3K units, and then shrank notably in the following year.

In value terms, used pneumatic tyres of rubber imports shrank significantly to $152K in 2022. Over the period under review, imports faced a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 247% against the previous year. As a result, imports reached the peak of $288K, and then fell significantly in the following year.

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

1. Belgium (967.0 units)
2. France (615.0 units)
3. Netherlands (37.0 units)

Exports of Used Pneumatic Tyres of Rubber in Luxembourg

Used pneumatic tyres of rubber exports from Luxembourg skyrocketed to 11K units in 2022, jumping by 28% on 2021. The total export volume increased at an average annual rate of +9.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 38%. As a result, the exports reached the peak of 12K units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, used pneumatic tyres of rubber exports soared to $328K in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +18.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.6% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Netherlands (6.0K units)
2. France (2.7K units)
3. Belgium (2.1K units)

Source: IndexBox Market Intelligence Platform