Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Chile - 2024

Contents:

  1. Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Chile (CIF) - 2022
  2. Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Chile (FOB) - 2022
  3. Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Chile
  4. Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Chile

Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Chile (CIF) - 2022

The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $4,694 per ton in 2022, falling by -8.9% against the previous year. In general, the import price showed a perceptible decrease. The most prominent rate of growth was recorded in 2019 an increase of 11% against the previous year. Over the period under review, average import prices attained the peak figure at $7,984 per ton in 2013; however, from 2014 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 ($25,584 per ton), while the price for China ($3,692 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Chile (FOB) - 2022

In 2022, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $7,073 per ton, surging by 203% against the previous year. Over the period under review, the export price, however, showed a abrupt setback. The export price peaked at $18,450 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cuba ($23,353 per ton), while the average price for exports to Argentina ($5,101 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 Mexico (+0.7%), while the prices for the other major destinations experienced a decline.

Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Chile

Imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals into Chile surged to 9.9K tons in 2022, increasing by 59% against the year before. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +7.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals soared to $47M in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.214.09.023.532.1%
Germany11.916.718.19.3-7.9%
Japan9.83.31.56.6-12.3%
Brazil5.94.41.86.53.3%
Thailand2.11.90.80.3-47.7%
Others1.70.91.00.4-38.3%
Total41.641.132.246.63.9%

Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal to Chile in 2022:

  1. China (6.4K tons)
  2. Brazil (1.5K tons)
  3. Japan (1.1K tons)
  4. Germany (0.9K tons)
  5. Thailand (0.1K tons)

Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Chile

Exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals from Chile shrank rapidly to 72 tons in 2022, with a decrease of -86.6% against 2021 figures. Over the period under review, exports continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2021 with an increase of 735%. As a result, the exports attained the peak of 540 tons, and then contracted remarkably in the following year.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals fell notably to $513K in 2022. In general, exports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 270%. As a result, the exports reached the peak of $1.3M, and then fell notably in the following year.

Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru342181N/A250-9.9%
CubaN/AN/AN/A1400%
Argentina0.831.8N/A109414.6%
BoliviaN/A11.4N/A13.38.0%
Mexico546108186N/A-41.6%
BrazilN/AN/A965N/A0%
Others1.19.11110.6-18.3%
Total8903411,262513-16.8%

Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal from Chile in 2022:

  1. Peru (42.6 tons)
  2. Argentina (21.3 tons)
  3. Cuba (6.0 tons)
  4. Bolivia (2.4 tons)

Source: IndexBox Market Intelligence Platform

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