Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Egypt - 2023

Contents:

  1. Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Egypt (CIF) - 2023
  2. Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Egypt (FOB) - 2022
  3. Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Egypt
  4. Exports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Egypt

Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Egypt (CIF) - 2023

In December 2023, the average import price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips amounted to $4,311 per ton, approximately reflecting the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 15% month-to-month. As a result, import price attained the peak level of $4,648 per ton. From July 2023 to December 2023, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In December 2023, the countries with the highest prices were Thailand ($5,047 per ton) and China ($5,047 per ton), while the price for Italy ($3,735 per ton) and Spain ($3,988 per ton) were amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Thailand (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips amounted to $3,392 per ton, waning by -26.4% against the previous year. Over the period under review, the export price showed a pronounced downturn. The pace of growth appeared the most rapid in 2015 an increase of 205% against the previous year. The export price peaked at $4,607 per ton in 2021, and then declined notably in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Algeria amounted to +150.8% per year.

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

In 2022, approx. 5.1K tons of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips were imported into Egypt; declining by -34.8% against the previous year. In general, imports saw a sharp downturn. The growth pace was the most rapid in 2021 when imports increased by 4.3%.

In value terms, imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips reduced dramatically to $21M in 2022. Over the period under review, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. As a result, imports attained the peak of $31M, and then declined significantly in the following year.

Import of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8.78.48.17.0-7.0%
Poland3.54.23.44.15.4%
Netherlands1.41.32.01.64.6%
China1.21.52.91.32.7%
Belgium1.21.81.41.0-5.9%
Turkey1.41.10.80.9-13.7%
Italy1.71.21.30.9-19.1%
Cote d'IvoireN/A0.22.20.8100.0%
Czech Republic0.10.7N/A0.681.7%
United Kingdom0.82.20.60.6-9.1%
United States1.00.50.40.5-20.6%
Taiwan (Chinese)N/A0.20.20.558.1%
India0.30.20.30.410.1%
Others4.13.26.81.2-33.6%
Total25.626.830.621.4-5.8%

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

  1. Germany (1768.9 tons)
  2. Poland (1006.1 tons)
  3. China (327.3 tons)
  4. Netherlands (302.6 tons)
  5. Cote d'Ivoire (219.6 tons)
  6. Italy (199.7 tons)
  7. Turkey (197.1 tons)
  8. Belgium (173.2 tons)
  9. Czech Republic (171.5 tons)
  10. Taiwan (Chinese) (123.2 tons)
  11. United Kingdom (122.8 tons)
  12. United States (119.5 tons)
  13. India (97.8 tons)

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

In 2022, exports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips from Egypt soared to 35 tons, rising by 464% compared with 2021. Over the period under review, exports, however, showed a deep slump.

In value terms, exports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips soared to $118K in 2022. In general, exports, however, saw a drastic downturn.

Export of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A1180%
BulgariaN/AN/A10.8N/A0%
United Kingdom154N/AN/AN/A0%
Saudi ArabiaN/A11.817.5N/A48.3%
Others0.42.0N/AN/A400.0%
Total15513.828.3118-8.7%

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

  1. Turkey (34.7 tons)

Source: IndexBox Market Intelligence Platform

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