Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Switzerland - 2024
Contents:
- Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Switzerland (CIF) - 2024
- Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Switzerland (FOB) - 2024
- Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Switzerland
- Exports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Switzerland
Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Switzerland (CIF) - 2024
The average import price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips stood at $5,405 per ton in January 2024, with a decrease of -56.2% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2023 when the average import price increased by 138% against the previous month. As a result, import price attained the peak level of $12,329 per ton, and then declined significantly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was France ($8,687 per ton), while the price for Slovenia ($3,657 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.9%), 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 Switzerland (FOB) - 2024
In January 2024, the average export price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips amounted to $11,365 per ton, approximately reflecting the previous month. Over the period under review, export price indicated slight growth from January 2023 to January 2024: its price increased at an average monthly rate of +1.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, export price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips decreased by -31.4% against August 2023 indices. The growth pace was the most rapid in August 2023 an increase of 101% month-to-month. As a result, the export price attained the peak level of $16,556 per ton. From September 2023 to January 2024, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was France ($121K per ton), while the average price for exports to Italy ($2,817 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to France (+22.9%), 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 Switzerland
In 2022, the amount of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips imported into Switzerland amounted to 8.7K tons, leveling off at the year before. In general, imports saw a moderate increase. The most prominent rate of growth was recorded in 2021 when imports increased by 306%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips totaled $42M in 2022. The total import value increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 18.9 | 18.3 | 22.8 | 24.2 | 8.6% |
| Italy | 4.1 | 3.3 | 4.6 | 5.6 | 11.0% |
| France | 3.3 | 2.4 | 4.7 | 3.9 | 5.7% |
| China | 1.7 | 0.8 | 0.5 | 2.3 | 10.6% |
| United Kingdom | 1.4 | 1.5 | 1.9 | 1.7 | 6.7% |
| Spain | 0.6 | 0.7 | 1.1 | 1.2 | 26.0% |
| United States | 1.2 | 1.3 | 1.0 | 0.7 | -16.4% |
| Others | 1.9 | 3.5 | 2.8 | 2.8 | 13.8% |
| Total | 33.1 | 32.0 | 39.4 | 42.2 | 8.4% |
Top Suppliers of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip to Switzerland in 2022:
- Germany (6.1K tons)
- Italy (1.1K tons)
- France (0.4K tons)
- Spain (0.3K tons)
- United Kingdom (0.2K tons)
- China (0.2K tons)
- United States (0.1K tons)
Exports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Switzerland
For the third year in a row, Switzerland recorded decline in overseas shipments of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips, which decreased by -9.6% to 1.3K tons in 2022. Over the period under review, exports showed a sharp curtailment.
In value terms, exports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips fell to $11M in 2022. Overall, exports showed a abrupt contraction.
| Export of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 2.3 | 2.3 | 2.9 | 2.8 | 6.8% |
| Germany | 3.3 | 2.5 | 1.7 | 2.0 | -15.4% |
| Austria | 0.8 | 0.9 | 1.0 | 1.5 | 23.3% |
| Czech Republic | 6.8 | 4.5 | 2.3 | 1.0 | -47.2% |
| Italy | 0.5 | 0.6 | 1.2 | 0.9 | 21.6% |
| France | 0.8 | 0.6 | 0.6 | 0.7 | -4.4% |
| Poland | 0.1 | 0.2 | 0.2 | 0.4 | 58.7% |
| Mexico | 2.9 | 0.8 | 0.2 | 0.2 | -59.0% |
| Others | 3.0 | 3.4 | 2.3 | 2.0 | -12.6% |
| Total | 20.7 | 15.7 | 12.5 | 11.4 | -18.0% |
Top Export Markets for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip from Switzerland in 2022:
- Romania (466.4 tons)
- Germany (214.4 tons)
- Austria (188.5 tons)
- France (90.2 tons)
- Czech Republic (75.7 tons)
- Italy (71.7 tons)
- Poland (41.7 tons)
- Mexico (5.8 tons)
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