Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Algeria - 2022

Contents:

1. Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Algeria (CIF) - 2022
2. Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Algeria (FOB) - 2022
3. Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Algeria
4. Exports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Algeria

Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Algeria (CIF) - 2022

In 2022, the average import price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips amounted to $2,304 per ton, increasing by 9.9% against the previous year. Overall, the import price, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by 29% against the previous year. Over the period under review, average import prices reached the maximum at $4,363 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($16,102 per ton), while the price for Romania ($330 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+13.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Algeria (FOB) - 2022

The average export price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips stood at $5,493 per ton in 2022, surging by 134% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -51.0% per year.

Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Algeria

After three years of growth, overseas purchases of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips decreased by -5.3% to 1.3K tons in 2022. The total import volume increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 18%. As a result, imports attained the peak of 1.4K tons, and then reduced in the following year.

In value terms, imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips rose modestly to $3M in 2022. The total import value increased at an average annual rate of +13.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 34%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Top Suppliers of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip to Algeria in 2022:

1. Italy (910.1 tons)
2. Spain (789.8 tons)
3. Turkey (348.8 tons)
4. Romania (90.9 tons)
5. Portugal (38.4 tons)
6. Tunisia (36.4 tons)
7. Austria (36.0 tons)

Exports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Algeria

Exports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips from Algeria surged to 13 tons in 2022, jumping by 319% on the year before. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 379%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips surged to $69K in 2022. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip from Algeria in 2022:

1. United Kingdom (1.8 tons)

Source: IndexBox Market Intelligence Platform