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

Contents:

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

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

In December 2023, the average import price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips amounted to $9,340 per ton, surging by 28% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in April 2023 an increase of 32% m-o-m. Over the period under review, average import prices attained the maximum in December 2023.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Malta ($44,027 per ton), while the price for Turkey ($4,887 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 Turkey (+4.2%), 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 Sweden (FOB) - 2022

In 2022, the average export price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips amounted to $5,035 per ton, picking up by 8.4% against the previous year. Overall, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips increased by +69.1% against 2019 indices. The growth pace was the most rapid in 2021 an increase of 49% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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 Mexico ($20,192 per ton), while the average price for exports to Latvia ($1,631 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 Mexico (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips into Sweden contracted to 11K tons in 2022, declining by -11.7% on the year before. The total import volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. As a result, imports reached the peak of 12K tons, and then declined in the following year.

In value terms, imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips totaled $49M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 40% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

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

1. Germany (4.8K tons)
2. Belgium (2.0K tons)
3. Turkey (1.5K tons)
4. Czech Republic (0.9K tons)
5. Italy (0.3K tons)
6. Denmark (0.3K tons)
7. United Kingdom (0.3K tons)

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

In 2022, shipments abroad of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips was finally on the rise to reach 9K tons after two years of decline. Over the period under review, exports, however, showed a abrupt slump.

In value terms, exports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips rose markedly to $45M in 2022. Overall, exports, however, continue to indicate a perceptible downturn.

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

1. Poland (2738.2 tons)
2. Sri Lanka (1892.6 tons)
3. Finland (1007.0 tons)
4. Germany (878.5 tons)
5. China (762.4 tons)
6. Estonia (427.3 tons)
7. Lithuania (348.8 tons)
8. Norway (341.9 tons)
9. Latvia (2.6 tons)
10. Australia (2.3 tons)
11. Mexico (1.7 tons)

Source: IndexBox Market Intelligence Platform