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

Contents:

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

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

The average import price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips stood at $3,615 per ton in December 2023, which is down by -16.1% against the previous month. Over the period under review, the import price recorded a noticeable shrinkage. The pace of growth was the most pronounced in April 2023 an increase of 24% against the previous month. The import price peaked at $6,051 per ton in May 2023; however, from June 2023 to December 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($9,158 per ton), while the price for Turkey ($2,081 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Belgium (+5.0%), 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 Finland (FOB) - 2022

In 2022, the average export price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips amounted to $4,173 per ton, rising by 37% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 161% against the previous year. As a result, the export price reached the peak level of $7,511 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($12,067 per ton), while the average price for exports to Russia ($2,904 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+4.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, supplies from abroad of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips decreased by -2.3% to 2.9K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a slight shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 1.4%. As a result, imports reached the peak of 3.1K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips rose sharply to $14M in 2022. Overall, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 12%.

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

1. Sweden (799.6 tons)
2. Germany (724.3 tons)
3. Turkey (412.7 tons)
4. Russia (227.0 tons)
5. Denmark (155.9 tons)
6. Belgium (94.5 tons)
7. France (82.0 tons)
8. Italy (73.0 tons)
9. United Kingdom (72.4 tons)
10. Slovakia (61.0 tons)
11. Norway (55.9 tons)
12. Austria (45.9 tons)
13. Hungary (4.9 tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips, when their volume decreased by -65% to 679 tons. Overall, exports, however, posted a strong increase. The growth pace was the most rapid in 2021 with an increase of 128%. As a result, the exports attained the peak of 1.9K tons, and then reduced dramatically in the following year.

In value terms, exports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips dropped rapidly to $2.8M in 2022. In general, exports recorded a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of 93%. As a result, the exports attained the peak of $5.9M, and then reduced remarkably in the following year.

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

1. Russia (346.3 tons)
2. Estonia (197.3 tons)
3. Hungary (53.2 tons)
4. Sweden (47.2 tons)
5. Belarus (10.7 tons)
6. United States (0.9 tons)

Source: IndexBox Market Intelligence Platform