Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Bulgaria - 2023
Contents:
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Bulgaria (CIF) - 2022
- Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Bulgaria (FOB) - 2022
- Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Bulgaria
- Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Bulgaria
Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Bulgaria (CIF) - 2022
In 2022, the average import price for rubber; inner tubes, of a kind used on bicycleses amounted to $1.3 per unit, surging by 5.6% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for rubber; inner tubes, of a kind used on bicycleses increased by +55.9% against 2016 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 16% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($1.6 per unit), while the price for China ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.5%), 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 Bulgaria (FOB) - 2022
In 2022, the average export price for rubber; inner tubes, of a kind used on bicycleses amounted to $1.4 per unit, dropping by -16.6% against the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for rubber; inner tubes, of a kind used on bicycleses increased by +55.4% against 2019 indices. The pace of growth appeared the most rapid in 2017 an increase of 52%. The export price peaked at $1.6 per unit in 2021, and then dropped rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($9.2 per unit), while the average price for exports to Greece ($1.1 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 the UK (+141.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Bulgaria
In 2022, imports of rubber; inner tubes, of a kind used on bicycleses into Bulgaria rose rapidly to 2.8M units, increasing by 9.2% against the previous year's figure. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of rubber; inner tubes, of a kind used on bicycleses soared to $3.6M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 41% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 755 | 904 | 1,505 | 1,816 | 34.0% |
| China | 176 | 226 | 336 | 519 | 43.4% |
| Indonesia | N/A | N/A | N/A | 517 | 0% |
| Czech Republic | 377 | 437 | 556 | 245 | -13.4% |
| Germany | 412 | 391 | 379 | 180 | -24.1% |
| Thailand | 56.9 | 66.2 | 106 | 106 | 23.0% |
| India | N/A | 69.3 | 42.1 | 46.6 | -18.0% |
| Others | 132 | 101 | 166 | 133 | 0.3% |
| Total | 1,909 | 2,195 | 3,090 | 3,563 | 23.1% |
Top Suppliers of Rubber; Inner Tubes, of A Kind Used On Bicycles to Bulgaria in 2022:
- Vietnam (1362.3K units)
- China (531.1K units)
- Indonesia (324.7K units)
- Czech Republic (219.5K units)
- Germany (117.6K units)
- Thailand (87.0K units)
- India (32.2K units)
Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Bulgaria
In 2022, the amount of rubber; inner tubes, of a kind used on bicycleses exported from Bulgaria skyrocketed to 12K units, picking up by 97% on the year before. Over the period under review, exports, however, saw a noticeable downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 135%. As a result, the exports reached the peak of 32K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of rubber; inner tubes, of a kind used on bicycleses surged to $16K in 2022. Overall, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 198%. As a result, the exports attained the peak of $35K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 0.3 | N/A | N/A | 6.1 | 172.9% |
| North Macedonia | 1.0 | 4.6 | 2.5 | 4.5 | 65.1% |
| Bosnia and Herzegovina | N/A | N/A | N/A | 1.9 | 0% |
| Romania | 0.5 | 0.9 | 0.6 | 1.7 | 50.4% |
| Serbia | 9.1 | 22.3 | 2.1 | 1.6 | -44.0% |
| Ireland | N/A | 1.9 | 0.7 | N/A | -63.2% |
| Kosovo | N/A | 2.4 | 2.2 | N/A | -8.3% |
| Others | 0.9 | 3.1 | 1.8 | 0.5 | -17.8% |
| Total | 11.8 | 35.2 | 9.8 | 16.2 | 11.1% |
Top Export Markets for Rubber; Inner Tubes, of A Kind Used On Bicycles from Bulgaria in 2022:
- Greece (5.4K units)
- North Macedonia (2.5K units)
- Bosnia and Herzegovina (1.5K units)
- Serbia (1.3K units)
- Romania (1.1K units)
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