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

Contents:

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

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

In November 2023, the average import price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips amounted to $1,053 per ton, growing by 11% against the previous month. In general, the import price, however, recorded a noticeable contraction. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 107% month-to-month. As a result, import price reached the peak level of $2,340 per ton. From February 2023 to November 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was South Korea ($5,751 per ton), while the price for Kazakhstan ($495 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (+24.0%), 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 Uzbekistan (FOB) - 2022

The average export price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips stood at $4,793 per ton in 2022, surging by 45% against the previous year. Over the period under review, the export price showed a significant increase. The most prominent rate of growth was recorded in 2021 an increase of 57% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($16,390 per ton), while the average price for exports to Kazakhstan ($2,701 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+445.5%).

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

Imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips into Uzbekistan skyrocketed to 4.1K tons in 2022, with an increase of 375% against the previous year. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips surged to $5.4M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Russia (2912.6 tons)
2. United Kingdom (410.4 tons)
3. Belgium (348.2 tons)
4. Turkey (140.9 tons)
5. South Korea (109.8 tons)
6. Kazakhstan (59.2 tons)

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

In 2022, shipments abroad of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips decreased by -47% to 1.8 tons, falling for the second consecutive year after two years of growth. Overall, exports showed a noticeable reduction. The growth pace was the most rapid in 2020 when exports increased by 176%. As a result, the exports reached the peak of 5.5 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips reduced dramatically to $8.5K in 2022. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 165%. As a result, the exports attained the peak of $12K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Kazakhstan (1492.0 kg)
2. China (170.0 kg)
3. Russia (100.0 kg)

Source: IndexBox Market Intelligence Platform