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

Contents:

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

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

In 2022, the average import price for rubber amounted to $7,272 per ton, dropping by -13.2% against the previous year. In general, the import price, however, continues to indicate pronounced growth. The pace of growth was the most pronounced in 2015 an increase of 184%. The import price peaked at $8,374 per ton in 2021, and then shrank in the following year.

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 France ($79,100 per ton), while the price for Belgium ($2,398 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+27.4%), 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 Morocco (FOB) - 2022

In 2022, the average export price for rubber amounted to $2,752 per ton, waning by -92.8% against the previous year. In general, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2020 when the average export price increased by 182%. Over the period under review, the average export prices reached the peak figure at $38,422 per ton in 2021, and then declined remarkably in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($2,912 per ton), while the average price for exports to Mauritania amounted to $2,622 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cameroon (+42.8%), 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 Morocco

In 2022, the amount of rubber imported into Morocco shrank to 92 tons, falling by -7.5% against the previous year's figure. Overall, imports showed a deep reduction.

In value terms, imports of rubber plummeted to $672K in 2022. Over the period under review, imports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 13%. As a result, imports attained the peak of $859K. 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 Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain2661201253135.6%
France225216204148-13.0%
Turkey47.537.966.273.015.4%
China5.58.648.040.594.5%
Germany10818112031.8-33.5%
Portugal4.53.012.123.072.3%
Taiwan (Chinese)21.70.126.24.4-41.3%
Belgium0.193.770.20.8100.0%
PolandN/A27.845.3N/A62.9%
Others81.017111937.3-22.8%
Total759859836672-4.0%

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

  1. Spain (51.8 tons)
  2. Turkey (26.7 tons)
  3. China (5.8 tons)
  4. Portugal (4.5 tons)
  5. France (1.9 tons)
  6. Germany (1.9 tons)
  7. Taiwan (Chinese) (1.0 tons)
  8. Belgium (0.4 tons)

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

In 2022, approx. 79 kg of rubber were exported from Morocco; with a decrease of -78.6% compared with the year before. Over the period under review, exports showed a dramatic slump. The pace of growth appeared the most rapid in 2021 when exports increased by 549%. As a result, the exports attained the peak of 370 kg, and then fell rapidly in the following year.

In value terms, exports of rubber shrank notably to $217 in 2022. Overall, exports showed a precipitous decline. The most prominent rate of growth was recorded in 2021 when exports increased by 915% against the previous year. As a result, the exports reached the peak of $14K, and then declined rapidly in the following year.

Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MauritaniaN/AN/AN/A0.10%
United KingdomN/AN/AN/A0.10%
Spain12.8N/A0.6N/A-78.3%
United Arab EmiratesN/A19.5N/AN/A0%
ItalyN/A129133N/A3.1%
Others-11.1-146.8-119.1N/A227.6%
Total1.71.414.20.2-51.0%

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

  1. Mauritania (45.0 kg)
  2. United Kingdom (34.0 kg)

Source: IndexBox Market Intelligence Platform

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