Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Venezuela - 2022

Contents:

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

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

The average import price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips stood at $2,985 per ton in 2022, with a decrease of -29.9% against the previous year. In general, the import price recorded a pronounced contraction. The growth pace was the most rapid in 2019 when the average import price increased by 135%. Over the period under review, average import prices attained the peak figure at $7,660 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($9,363 per ton), while the price for Spain ($2,003 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+10.6%), 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 Venezuela (FOB) - 2022

In 2022, the average export price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips amounted to $7,676 per ton, growing by 110% against the previous year. Over the period under review, the export price continues to indicate a moderate increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($6,558 per ton), while the average price for exports to Brazil ($1,055 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 Ecuador (-0.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips imported into Venezuela surged to 42 tons, with an increase of 68% on the previous year. Overall, imports showed significant growth. As a result, imports attained 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 soared to $124K in 2022. Over the period under review, imports, however, showed a deep contraction.

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

1. Italy (19.2 tons)
2. Brazil (1.3 tons)
3. Germany (1.1 tons)
4. Spain (1.0 tons)

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

In 2022, after two years of decline, there was significant growth in shipments abroad of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips, when their volume increased by 19% to 12 tons. Over the period under review, exports, however, continue to indicate a significant decrease.

In value terms, exports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips surged to $93K in 2022. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Brazil (5.0 tons)
2. Singapore (2.5 tons)
3. Italy (1.1 tons)

Source: IndexBox Market Intelligence Platform