Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Egypt - 2023
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Egypt (CIF) - 2022
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Egypt (FOB) - 2022
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Egypt
- Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Egypt
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Egypt (CIF) - 2022
In 2022, the average import price for rubber amounted to $8,417 per ton, waning by -4.8% against the previous year. Overall, the import price continues to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2015 an increase of 98% against the previous year. Over the period under review, average import prices reached the peak figure at $10,278 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 Arab Emirates ($28,075 per ton), while the price for the UK ($8,410 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+34.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Egypt (FOB) - 2022
The average export price for rubber stood at $2,461 per ton in 2022, with an increase of 86% against the previous year. Overall, the export price showed a strong increase. The pace of growth was the most pronounced in 2013 an increase of 469%. As a result, the export price reached the peak level of $3,992 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Sudan.
From 2012 to 2022, the rate of growth in terms of prices for Jordan amounted to +25.1% per year.
Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Egypt
Imports of rubber into Egypt rose modestly to 59 tons in 2022, surging by 4.9% on 2021 figures. Overall, imports, however, recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 63% against the previous year.
In value terms, imports of rubber reduced modestly to $497K in 2022. In general, imports, however, faced a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year.
| Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 41.6 | 3.6 | 47.0 | 118 | 41.6% |
| Italy | 20.7 | N/A | 18.7 | 74.3 | 53.1% |
| Thailand | 84.0 | 14.5 | 30.5 | 67.9 | -6.8% |
| India | 83.8 | 43.6 | 3.9 | 56.0 | -12.6% |
| China | 927 | 81.5 | 95.0 | 47.5 | -62.9% |
| Turkey | 2.6 | 0.2 | 2.2 | 45.1 | 158.9% |
| United States | 91.1 | 12.4 | 21.7 | 36.4 | -26.3% |
| United Arab Emirates | 2.4 | 119 | 38.5 | 14.2 | 80.9% |
| United Kingdom | 1.3 | 73.5 | 61.2 | 1.9 | 13.5% |
| Others | 48.8 | 5.6 | 179 | 36.0 | -9.6% |
| Total | 1,303 | 354 | 498 | 497 | -27.5% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Egypt in 2022:
- Germany (14.0 tons)
- Italy (8.8 tons)
- Thailand (8.1 tons)
- India (6.7 tons)
- China (5.6 tons)
- Turkey (5.4 tons)
- United States (4.3 tons)
- United Arab Emirates (0.5 tons)
- United Kingdom (0.2 tons)
Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Egypt
In 2022, after three years of growth, there was significant decline in overseas shipments of rubber, when their volume decreased by -95.1% to 7 tons. Over the period under review, exports saw a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 451% against the previous year.
In value terms, exports of rubber contracted markedly to $17K in 2022. Overall, exports continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 247% against the previous year. As a result, the exports reached the peak of $187K, and then dropped dramatically in the following year.
| Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sudan | N/A | N/A | N/A | 1.1 | 0% |
| Jordan | 28.0 | 9.7 | 86.9 | N/A | 76.2% |
| Lebanon | 0.4 | 0.7 | 4.7 | N/A | 242.8% |
| Saudi Arabia | 11.1 | 40.1 | 93.3 | N/A | 189.9% |
| Others | N/A | 3.7 | 2.5 | 16.2 | 109.2% |
| Total | 39.4 | 54.0 | 187 | 17.3 | -24.0% |
Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from Egypt in 2022:
- Sudan (0.3 tons)
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