Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Egypt - 2022
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Egypt (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Egypt (FOB) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Egypt
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Egypt
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Egypt (CIF) - 2022
The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $23,776 per ton in 2022, with a decrease of -6.1% against the previous year. In general, the import price, however, posted resilient growth. The growth pace was the most rapid in 2019 an increase of 63%. Over the period under review, average import prices reached the peak figure at $25,329 per ton in 2021, and then declined 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 Germany ($158,037 per ton), while the price for India ($8,736 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+28.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Egypt (FOB) - 2022
The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $9,482 per ton in 2022, with a decrease of -6.1% against the previous year. Over the period under review, the export price, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2018 an increase of 98%. The export price peaked at $10,098 per ton in 2021, and then dropped in the following year.
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 Sudan ($16,448 per ton), while the average price for exports to Jordan ($3,515 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 Sudan (+26.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Egypt
In 2022, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals into Egypt surged to 83 tons, rising by 38% against 2021. Overall, imports, however, recorded a slight curtailment. The growth pace was the most rapid in 2021 when imports increased by 200% against the previous year.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals surged to $2M in 2022. In general, imports posted a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by 234%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 71.8 | 68.2 | 576 | 777 | 121.2% |
| Germany | 432 | 110 | 244 | 636 | 13.8% |
| China | 520 | 69.6 | 163 | 391 | -9.1% |
| Netherlands | 159 | 10.0 | 22.5 | 102 | -13.8% |
| Poland | 63.7 | 19.1 | 102 | N/A | 26.5% |
| Others | 442 | 176 | 406 | 60.7 | -48.4% |
| Total | 1,689 | 453 | 1,514 | 1,966 | 5.2% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal to Egypt in 2022:
- China (40.8 tons)
- Italy (35.0 tons)
- Germany (4.0 tons)
- Netherlands (1.8 tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Egypt
For the fourth year in a row, Egypt recorded growth in overseas shipments of rubber; vulcanised, conveyor belts or belting, reinforced only with metals, which increased by 27% to 3.9 tons in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.1% 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 +52.6% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals soared to $37K in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +26.1% 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 +100.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 40% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 1.9 | 0.4 | 15.0 | 18.4 | 113.2% |
| Sudan | 6.1 | 8.5 | 10.3 | 15.1 | 35.3% |
| Jordan | 0.6 | 0.8 | 1.0 | 1.5 | 35.7% |
| Bahrain | 0.4 | 0.6 | 0.8 | 0.9 | 31.0% |
| Tanzania | N/A | 2.0 | N/A | N/A | 0% |
| Angola | N/A | 12.6 | 2.9 | N/A | -77.0% |
| Jamaica | 8.6 | N/A | N/A | N/A | 0% |
| Others | 0.7 | 0.7 | 0.8 | 0.8 | 4.6% |
| Total | 18.3 | 25.7 | 30.7 | 36.7 | 26.1% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal from Egypt in 2022:
- Saudi Arabia (2391.0 kg)
- Sudan (919.0 kg)
- Jordan (423.0 kg)
- Bahrain (104.0 kg)
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