Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Italy - 2023
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Italy (FOB) - 2023
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Italy (CIF) - 2023
- Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Italy
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Italy
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Italy (FOB) - 2023
In December 2023, the average export price for rubber amounted to $5,402 per ton, shrinking by -9.3% against the previous month. In general, the export price saw a perceptible curtailment. The most prominent rate of growth was recorded in June 2023 an increase of 54% against the previous month. The export price peaked at $8,704 per ton in December 2022; however, from January 2023 to December 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was Bulgaria ($57,908 per ton), while the average price for exports to Serbia ($3,643 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+10.5%), 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 Italy (CIF) - 2023
The average import price for rubber stood at $6,562 per ton in December 2023, with an increase of 63% against the previous month. Overall, import price indicated a notable increase from December 2022 to December 2023: its price increased at an average monthly rate of +4.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for rubber increased by +63.4% against November 2023 indices. The pace of growth appeared the most rapid in January 2023 an increase of 115% m-o-m. As a result, import price reached the peak level of $8,629 per ton. From February 2023 to December 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Poland ($32,663 per ton), while the price for Spain ($1,902 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Poland (+14.0%), 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 Italy
In 2022, the amount of rubber exported from Italy surged to 2.9K tons, growing by 66% against 2021 figures. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of rubber rose significantly to $27M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.9% 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 +47.7% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 29%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 2.0 | 3.1 | 4.5 | 5.9 | 43.4% |
| Germany | 2.9 | 2.4 | 3.0 | 2.1 | -10.2% |
| Spain | 1.1 | 0.9 | 1.6 | 2.1 | 24.1% |
| Tunisia | 0.3 | 0.6 | 0.5 | 2.0 | 88.2% |
| Romania | 2.0 | 1.6 | 1.9 | 1.9 | -1.7% |
| France | 1.9 | 1.7 | 2.0 | 1.9 | 0.0% |
| Bulgaria | 0.7 | 1.2 | 1.2 | 1.6 | 31.7% |
| Serbia | N/A | N/A | N/A | 1.3 | 0% |
| Netherlands | 0.5 | 0.5 | 0.8 | 0.8 | 17.0% |
| Belgium | 0.8 | 0.6 | 0.8 | 0.7 | -4.4% |
| Switzerland | 0.3 | 0.4 | 0.7 | 0.5 | 18.6% |
| Czech Republic | 0.5 | 0.4 | 0.5 | 0.4 | -7.2% |
| United Kingdom | 0.8 | 0.4 | 0.2 | 0.1 | -50.0% |
| Others | 4.2 | 4.5 | 5.7 | 5.5 | 9.4% |
| Total | 18.1 | 18.3 | 23.5 | 26.8 | 14.0% |
Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from Italy in 2022:
- Poland (969.1 tons)
- Serbia (383.8 tons)
- Spain (362.9 tons)
- Germany (186.8 tons)
- Romania (157.1 tons)
- France (146.4 tons)
- Belgium (112.2 tons)
- Netherlands (107.8 tons)
- Tunisia (92.9 tons)
- Switzerland (43.0 tons)
- Bulgaria (36.1 tons)
- Czech Republic (34.8 tons)
- United Kingdom (5.1 tons)
Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Italy
In 2022, the amount of rubber imported into Italy shrank significantly to 3.6K tons, declining by -37.4% compared with the previous year's figure. Overall, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 243% against the previous year. As a result, imports attained the peak of 5.7K tons, and then declined remarkably in the following year.
In value terms, imports of rubber skyrocketed to $18M in 2022. In general, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 61% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.1 | 3.0 | 4.2 | 5.8 | 23.2% |
| France | 2.0 | 2.9 | 4.6 | 5.5 | 40.1% |
| Spain | N/A | 0.2 | 0.4 | 1.6 | 182.8% |
| Poland | 0.3 | N/A | 1.6 | 1.4 | 67.1% |
| Belgium | 0.8 | 0.5 | 1.1 | 1.2 | 14.5% |
| China | 0.4 | 0.6 | 0.6 | 0.7 | 20.5% |
| Austria | 0.2 | 0.4 | 0.3 | 0.3 | 14.5% |
| Others | 1.1 | 1.4 | 1.6 | 1.2 | 2.9% |
| Total | 7.9 | 9.0 | 14.5 | 17.6 | 30.6% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Italy in 2022:
- Germany (2040.8 tons)
- France (436.5 tons)
- Belgium (271.3 tons)
- Spain (269.3 tons)
- Poland (210.8 tons)
- Austria (131.1 tons)
- China (68.6 tons)
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