Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Turkey - 2024

Contents:

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

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

In 2022, the average export price for rubber amounted to $2,951 per ton, declining by -17.3% against the previous year. Overall, the export price showed a abrupt setback. The growth pace was the most rapid in 2018 when the average export price increased by 9.7%. The export price peaked at $5,966 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Algeria ($4,739 per ton), while the average price for exports to Serbia ($1,309 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 Georgia (+5.5%), 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 Turkey (CIF) - 2022

In 2022, the average import price for rubber amounted to $8,121 per ton, falling by -5.7% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for rubber increased by +30.0% against 2020 indices. The pace of growth appeared the most rapid in 2018 an increase of 56%. As a result, import price attained the peak level of $11,401 per ton. From 2019 to 2022, the average 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 Belgium ($34,338 per ton), while the price for Thailand ($2,100 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+18.7%), 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 Turkey

In 2022, the amount of rubber exported from Turkey soared to 2.1K tons, surging by 18% compared with the previous year's figure. Over the period under review, total exports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +2.0% 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 increased by +61.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 37%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of rubber declined modestly to $6.1M in 2022. Overall, exports, however, showed a deep slump. The growth pace was the most rapid in 2021 with an increase of 40%.

Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6283991,6081,28727.0%
Czech Republic3,2606481881,009-32.4%
Romania17424940542534.7%
Algeria18316183.337727.2%
Azerbaijan46.315334826979.8%
Lebanon83.416218416124.5%
Spain11514921716111.9%
Iraq1351262411350.0%
Serbia149137169133-3.7%
Georgia31.532.815013160.8%
Iran84.433.792.499.05.5%
Pakistan11393.489.896.1-5.3%
TajikistanN/A10214.072.6-15.6%
Others2,5542,0132,4611,750-11.8%
Total7,5564,4606,2486,106-6.9%

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

  1. Germany (292.1 tons)
  2. Czech Republic (253.5 tons)
  3. Romania (221.6 tons)
  4. Serbia (101.8 tons)
  5. Lebanon (98.1 tons)
  6. Algeria (79.5 tons)
  7. Azerbaijan (65.0 tons)
  8. Pakistan (58.9 tons)
  9. Spain (55.7 tons)
  10. Iran (46.5 tons)
  11. Iraq (41.8 tons)
  12. Georgia (33.8 tons)
  13. Tajikistan (32.6 tons)

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

In 2022, supplies from abroad of rubber decreased by -6.9% to 228 tons, falling for the second year in a row after two years of growth. In general, imports showed a abrupt descent. The pace of growth appeared the most rapid in 2020 when imports increased by 4.3%. As a result, imports attained the peak of 400 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of rubber dropped to $1.9M in 2022. Over the period under review, imports saw a abrupt downturn. The smallest decline of -1% was in 2020.

Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France632717838582-2.7%
China72.914418036671.2%
Italy568667398199-29.5%
Austria14713564.11888.5%
Germany270229261141-19.5%
Czech Republic0.419.397.9114558.1%
ThailandN/AN/A36.2104187.3%
Others833586235158-42.5%
Total2,5232,4962,1111,852-9.8%

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

  1. France (61.1 tons)
  2. Thailand (49.3 tons)
  3. Austria (39.1 tons)
  4. Italy (29.3 tons)
  5. China (21.7 tons)
  6. Czech Republic (19.1 tons)
  7. Germany (18.5 tons)

Source: IndexBox Market Intelligence Platform

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