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

Contents:

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

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

The average import price for rubber stood at $13,691 per ton in 2022, declining by -17.5% against the previous year. Overall, the import price continues to indicate a mild descent. The growth pace was the most rapid in 2018 an increase of 23%. Over the period under review, average import prices reached the peak figure at $21,068 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 the UK ($78,080 per ton), while the price for China ($4,747 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+16.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for rubber stood at $15,863 per ton in 2022, jumping by 34% against the previous year. Over the period under review, the export price enjoyed a resilient increase. The pace of growth was the most pronounced in 2014 an increase of 478% against the previous year. The export price peaked at $21,160 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($53,117 per ton), while the average price for exports to Germany ($5,654 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 Singapore (+31.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of rubber into Greece soared to 93 tons in 2022, jumping by 34% against the previous year's figure. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of rubber stood at $1.3M in 2022. The total import value increased at an average annual rate of +12.6% 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 2020 with an increase of 26%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

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

1. Italy (44.2 tons)
2. Taiwan (Chinese) (12.8 tons)
3. Germany (11.1 tons)
4. Bulgaria (10.3 tons)
5. Belgium (4.9 tons)
6. China (2.9 tons)
7. Netherlands (2.3 tons)
8. Spain (0.8 tons)

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

Exports of rubber from Greece contracted sharply to 16 tons in 2022, with a decrease of -22.2% on the year before. Over the period under review, exports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 159% against the previous year. As a result, the exports attained the peak of 21 tons, and then reduced notably in the following year.

In value terms, exports of rubber rose to $253K in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 51%. The exports peaked in 2022 and are expected to retain growth in years to come.

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

1. Cyprus (3.0 tons)
2. Germany (2.6 tons)
3. North Macedonia (2.4 tons)
4. Bulgaria (1.8 tons)
5. Spain (1.1 tons)
6. Marshall Islands (0.8 tons)
7. Antigua and Barbuda (0.7 tons)
8. United States (0.6 tons)
9. Singapore (0.5 tons)
10. Albania (0.4 tons)
11. Turkey (0.3 tons)
12. Panama (0.3 tons)
13. Belgium (0.3 tons)

Source: IndexBox Market Intelligence Platform