Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Canada - 2023
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Canada (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Canada (FOB) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Canada
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Canada
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Canada (CIF) - 2022
In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $6,503 per ton, falling by -5.7% against the previous year. Over the period under review, the import price showed a noticeable slump. The most prominent rate of growth was recorded in 2014 an increase of 3.5% against the previous year. As a result, import price reached the peak level of $8,458 per ton. 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 countries with the highest prices were Australia ($6,503 per ton) and the United States ($6,503 per ton), while the price for Germany ($6,503 per ton) and Poland ($6,503 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+2.6%), while the prices for the other major suppliers experienced a decline.
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Canada (FOB) - 2022
In 2022, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $11,784 per ton, increasing by 5.8% against the previous year. Overall, the export price showed a resilient increase. The growth pace was the most rapid in 2015 when the average export price increased by 478%. Over the period under review, the average export prices hit record highs at $79,208 per ton in 2016; however, from 2017 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 countries with the highest prices were Saudi Arabia ($11,833 per ton) and Cuba ($11,686 per ton), while the average price for exports to Greenland ($11,639 per ton) and the United States ($11,639 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greenland (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Canada
In 2022, purchases abroad of rubber; vulcanised, conveyor belts or belting, reinforced only with metals was finally on the rise to reach 2.9K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a abrupt decline.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals rose significantly to $19M in 2022. Overall, imports, however, continue to indicate a deep reduction.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.9 | 7.8 | 11.2 | 10.6 | -3.8% |
| Australia | 14.4 | 5.2 | 3.6 | 4.5 | -32.1% |
| Poland | 2.0 | 0.8 | 0.3 | 2.4 | 6.3% |
| Germany | 3.1 | 2.5 | 0.4 | 0.7 | -39.1% |
| China | 0.9 | 1.8 | 0.6 | 0.4 | -23.7% |
| Others | 0.3 | 0.3 | 0.4 | 0.3 | 0.0% |
| Total | 32.6 | 18.4 | 16.6 | 18.8 | -16.8% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal to Canada in 2022:
- United States (1623.7 tons)
- Australia (685.9 tons)
- Poland (374.3 tons)
- Germany (102.0 tons)
- China (63.3 tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Canada
In 2022, shipments abroad of rubber; vulcanised, conveyor belts or belting, reinforced only with metals was finally on the rise to reach 221 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a dramatic downturn.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals surged to $2.6M in 2022. In general, exports, however, faced a precipitous decline.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cuba | N/A | N/A | N/A | 1,268 | 0% |
| United States | 3,239 | 706 | 396 | 687 | -40.4% |
| Mexico | 1,311 | 819 | 422 | 485 | -28.2% |
| Saudi Arabia | 23.4 | 39.9 | 47.5 | 52.1 | 30.6% |
| Greenland | 635 | N/A | 357 | 16.0 | -70.7% |
| Chile | N/A | 1,157 | 5.6 | 3.9 | -94.2% |
| Bahrain | 468 | N/A | N/A | N/A | 0% |
| Others | 294 | 217 | 130 | 95.5 | -31.3% |
| Total | 5,970 | 2,938 | 1,358 | 2,609 | -24.1% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal from Canada in 2022:
- Cuba (108.5 tons)
- United States (59.1 tons)
- Mexico (41.7 tons)
- Saudi Arabia (4.4 tons)
- Greenland (1.4 tons)
- Chile (0.3 tons)
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