Price for Used Pneumatic Tyres of Rubber in Colombia - 2022

Contents:

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

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

In 2022, the average export price for used pneumatic tyres of rubbers amounted to $50 per unit, jumping by 35% against the previous year. Overall, the export price recorded a prominent expansion. The pace of growth appeared the most rapid in 2015 when the average export price increased by 60%. The export price peaked at $105 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($52 per unit), while the average price for exports to the United States ($48 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 Ghana (+40.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for used pneumatic tyres of rubbers stood at $38 per unit in 2022, stabilizing at the previous year. Over the period under review, the import price saw a deep slump. The pace of growth appeared the most rapid in 2018 an increase of 51% against the previous year. Over the period under review, average import prices reached the maximum at $128 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 the United States ($76 per unit), while the price for Spain ($7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+62.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Used Pneumatic Tyres of Rubber in Colombia

In 2022, approx. 263 units of used pneumatic tyres of rubbers were exported from Colombia; which is down by -31.7% against the year before. In general, exports recorded a sharp reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 173%. The exports peaked at 696 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, used pneumatic tyres of rubber exports reduced to $13K in 2022. Over the period under review, exports faced a precipitous setback. The pace of growth appeared the most rapid in 2021 when exports increased by 19% against the previous year. The exports peaked at $51K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Used Pneumatic Tyres of Rubber in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MexicoN/AN/A7.48.413.5%
United StatesN/A10.66.34.5-34.8%
BoliviaN/AN/AN/A0.30%
Hong Kong SAR47.8N/AN/AN/A0%
Others2.71.40.7N/A-49.1%
Total50.512.014.313.2-36.1%

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

  1. Mexico (162.0 units)
  2. United States (95.0 units)
  3. Bolivia (7.0 units)

Imports of Used Pneumatic Tyres of Rubber in Colombia

In 2022, used pneumatic tyres of rubber imports into Colombia stood at 404 units, therefore, remained relatively stable against 2021. In general, imports showed a sharp setback. The smallest decline of -8% was in 2021. Imports peaked at 1.9K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, used pneumatic tyres of rubber imports fell slightly to $15K in 2022. Over the period under review, imports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 0.7% against the previous year. Imports peaked at $89K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Used Pneumatic Tyres of Rubber in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A13.10%
United States64.35.25.91.7-70.2%
ItalyN/A3.10.10.1-82.0%
SpainN/AN/A0.10.10.0%
South KoreaN/A6.9N/AN/A0%
Germany5.0N/AN/AN/A0%
Panama4.5N/AN/AN/A0%
United Arab Emirates6.4N/A9.2N/A19.9%
Others8.50.30.20.4-63.9%
Total88.615.415.615.5-44.1%

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

  1. China (366.0 units)
  2. United States (23.0 units)
  3. Spain (9.0 units)

Source: IndexBox Market Intelligence Platform

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