Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Ethiopia - 2022
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Ethiopia (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Ethiopia (FOB) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Ethiopia
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Ethiopia
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Ethiopia (CIF) - 2022
The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $4,258 per ton in 2022, reducing by -34.8% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 57%. Over the period under review, average import prices attained the maximum at $6,719 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +8.8% per year.
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Ethiopia (FOB) - 2022
In 2020, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $8,288 per ton, stabilizing at the previous year. Overall, the export price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2015 an increase of 58% against the previous year. The export price peaked in 2020 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Malaysia.
From 2014 to 2020, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Ethiopia
In 2022, approx. 95 tons of rubber; vulcanised, conveyor belts or belting, reinforced only with metals were imported into Ethiopia; with a decrease of -28.6% on 2021 figures. Over the period under review, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 32%.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals plummeted to $406K in 2022. Overall, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 107%. As a result, imports attained the peak of $872K, and then contracted rapidly in the following year.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 143 | 164 | 176 | 400 | 40.9% |
| Germany | 344 | 76.6 | 400 | N/A | 7.8% |
| India | 6.2 | 14.0 | 10.7 | N/A | 31.4% |
| Italy | 197 | 5.2 | 158 | N/A | -10.4% |
| Others | 70.7 | 161 | 127 | 5.6 | -57.1% |
| Total | 761 | 421 | 872 | 406 | -18.9% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal to Ethiopia in 2022:
- China (94.6 tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Ethiopia
Exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals from Ethiopia amounted to 42 tons in 2020, almost unchanged from the year before. Overall, exports showed a relatively flat trend pattern. 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 amounted to $346K in 2020. In general, exports showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Malaysia | N/A | 346 | 0% | ||
| United Arab Emirates | 346 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 346 | 346 | 0.0% | ||
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal from Ethiopia in 2022:
- Malaysia (41.8 tons)
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