Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Denmark - 2023

Contents:

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

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

The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $21,209 per ton in 2022, declining by -17.1% against the previous year. In general, the import price recorded a noticeable reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 53%. The import price peaked at $40,456 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 Austria ($75,792 per ton), while the price for the UK ($3,384 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+28.1%), 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 Denmark (FOB) - 2022

The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $32,693 per ton in 2022, picking up by 6.1% against the previous year. Overall, the export price, however, saw a mild curtailment. The pace of growth appeared the most rapid in 2016 an increase of 63% against the previous year. Over the period under review, the average export prices attained the maximum at $38,315 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($195,547 per ton), while the average price for exports to Italy ($4,109 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 Iceland (+50.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals into Denmark skyrocketed to 10 tons, with an increase of 100% on the previous year's figure. Overall, imports, however, faced a precipitous descent.

In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals skyrocketed to $222K in 2022. Over the period under review, imports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 156% against the previous year.

Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany30.833.210718280.8%
Italy2048.18.011.8-61.3%
United Kingdom11.80.10.69.4-7.3%
China21.6N/A3.42.9-48.8%
Netherlands1082.00.90.8-80.5%
Others12.88.913.714.95.2%
Total38952.2134222-17.1%

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

  1. Germany (5.6 tons)
  2. United Kingdom (2.8 tons)
  3. Italy (1.7 tons)
  4. China (0.2 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of rubber; vulcanised, conveyor belts or belting, reinforced only with metals, when their volume decreased by -33.5% to 3 tons. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 359% against the previous year.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals shrank significantly to $99K in 2022. In general, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 494% against the previous year.

Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ThailandN/AN/AN/A37.20%
United States0.4N/A10.614.3229.4%
Iceland2.27.6N/A9.764.0%
IsraelN/A1.45.48.8150.7%
ItalyN/AN/AN/A7.10%
Norway3.30.480.05.720.0%
United KingdomN/AN/A17.12.7-84.2%
GreenlandN/A63.4N/A2.5-80.1%
Others7.35.826.910.914.3%
Total13.278.614098.895.6%

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

  1. Italy (1733.0 kg)
  2. United States (285.0 kg)
  3. Iceland (213.0 kg)
  4. Thailand (190.0 kg)
  5. Israel (173.0 kg)
  6. Norway (156.0 kg)
  7. Greenland (144.0 kg)
  8. United Kingdom (46.0 kg)

Source: IndexBox Market Intelligence Platform

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