Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Belgium - 2023

Contents:

  1. Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Belgium (FOB) - 2022
  2. Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Belgium (CIF) - 2022
  3. Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Belgium
  4. Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Belgium

Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Belgium (FOB) - 2022

In 2022, the average export price for rubber amounted to $2,683 per ton, reducing by -12.8% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 72% against the previous year. As a result, the export price reached the peak level of $3,148 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($19,755 per ton), while the average price for exports to India ($233 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 the Dominican Republic (+44.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Belgium (CIF) - 2022

The average import price for rubber stood at $1,520 per ton in 2022, which is down by -24.6% against the previous year. In general, the import price faced a deep downturn. The most prominent rate of growth was recorded in 2018 an increase of 48% against the previous year. The import price peaked at $11,480 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($13,736 per ton), while the price for Poland ($447 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Belgium

Exports of rubber from Belgium dropped to 6.3K tons in 2022, with a decrease of -5.5% on the year before. Overall, exports saw a deep reduction. The smallest decline of -0.4% was in 2021.

In value terms, exports of rubber shrank remarkably to $17M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -19.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 48% against the previous year. As a result, the exports attained the peak of $21M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.41.04.42.521.3%
Netherlands3.02.52.82.4-7.2%
France0.91.23.12.336.7%
Sri Lanka1.60.91.41.95.9%
United Kingdom1.18.81.01.0-3.1%
India0.40.50.30.614.5%
Norway0.40.50.20.1-37.0%
Others5.35.77.36.14.8%
Total14.321.120.516.95.7%

Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from Belgium in 2022:

  1. Sri Lanka (3.3K tons)
  2. India (2.5K tons)
  3. Germany (0.8K tons)
  4. France (0.7K tons)
  5. Netherlands (0.5K tons)
  6. United Kingdom (0.1K tons)

Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Belgium

In 2022, supplies from abroad of rubber decreased by -6.2% to 5.4K tons, falling for the second consecutive year after two years of growth. Overall, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 298%. As a result, imports reached the peak of 6K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of rubber fell rapidly to $8.2M in 2022. In general, imports, however, saw a buoyant expansion. The growth pace was the most rapid in 2020 with an increase of 191%. As a result, imports attained the peak of $17M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.413.05.93.231.7%
Poland1.11.01.41.22.9%
Netherlands0.50.50.90.817.0%
Germany0.20.40.70.858.7%
France0.40.70.80.40.0%
CanadaN/A0.30.10.30.0%
Italy0.10.10.30.10.0%
Others2.11.01.51.5-10.6%
Total5.917.111.78.211.6%

Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Belgium in 2022:

  1. Poland (2667.2 tons)
  2. China (349.4 tons)
  3. Netherlands (317.4 tons)
  4. Canada (138.6 tons)
  5. France (135.1 tons)
  6. Germany (113.2 tons)
  7. Italy (63.6 tons)

Source: IndexBox Market Intelligence Platform

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