Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Ireland - 2023
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Ireland (CIF) - 2022
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Ireland (FOB) - 2022
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Ireland
- Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Ireland
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Ireland (CIF) - 2022
In 2022, the average import price for rubber amounted to $4,265 per ton, declining by -38.3% against the previous year. Over the period under review, the import price showed a noticeable reduction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 137%. Over the period under review, average import prices reached the peak figure at $16,487 per ton in 2016; however, from 2017 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 the United States ($62,230 per ton), while the price for the UK ($4,122 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+31.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Ireland (FOB) - 2022
In 2022, the average export price for rubber amounted to $3,525 per ton, which is down by -83.9% against the previous year. Overall, the export price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 an increase of 985% against the previous year. As a result, the export price attained the peak level of $21,830 per ton, and then dropped sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($25,077 per ton), while the average price for exports to the UK ($3,169 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 Norway (+9.2%), while the prices for the other major destinations experienced a decline.
Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Ireland
In 2022, approx. 564 tons of rubber were imported into Ireland; increasing by 43% on the year before. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 137%. As a result, imports reached the peak of 637 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of rubber reduced to $2.4M in 2022. The total import value increased at an average annual rate of +4.2% 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 40%. As a result, imports attained the peak of $3M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 371 | 363 | 1,094 | 761 | 27.1% |
| France | 86.3 | 133 | 7.6 | 504 | 80.1% |
| Germany | 8.8 | 91.7 | 46.9 | 319 | 231.0% |
| United States | 1,218 | 1,611 | 992 | 293 | -37.8% |
| Serbia | N/A | 71.4 | 113 | 134 | 37.0% |
| China | 150 | 162 | 179 | 56.3 | -27.9% |
| Netherlands | 37.3 | 102 | 109 | 24.9 | -12.6% |
| Others | 259 | 448 | 187 | 314 | 6.6% |
| Total | 2,130 | 2,982 | 2,728 | 2,407 | 4.2% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Ireland in 2022:
- United Kingdom (184.6 tons)
- Germany (68.5 tons)
- France (23.3 tons)
- China (7.4 tons)
- Serbia (5.9 tons)
- United States (4.7 tons)
- Netherlands (4.4 tons)
Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Ireland
For the third consecutive year, Ireland recorded decline in shipments abroad of rubber, which decreased by -23% to 38 tons in 2022. In general, exports recorded a dramatic slump. The smallest decline of -15% was in 2021.
In value terms, exports of rubber shrank notably to $135K in 2022. Overall, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 823% against the previous year. As a result, the exports reached the peak of $1.1M, and then fell rapidly in the following year.
| Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 148 | 83.3 | 87.4 | 118 | -7.3% |
| South Korea | N/A | N/A | 971 | 0.2 | -100.0% |
| Others | 61.0 | 33.9 | 24.2 | 16.2 | -35.7% |
| Total | 209 | 117 | 1,082 | 135 | -13.6% |
Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from Ireland in 2022:
- United Kingdom (37.3 tons)
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