Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Iraq - 2022

Contents:

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

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

In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $14,145 per ton, picking up by 103% against the previous year. Overall, the import price recorded a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($72,886 per ton), while the price for India ($1,552 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 Arab Emirates (+28.1%), 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 Iraq (FOB) - 2022

In 2021, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $17,719 per ton, surging by 40% against the previous year. In general, export price indicated a significant expansion from 2020 to 2021: its price increased at an average annual rate of +39.8% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2020 to 2021, 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 Iraq

In 2022, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals into Iraq skyrocketed to 41 tons, rising by 171% against the previous year. Over the period under review, imports showed a significant expansion. 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 skyrocketed to $575K in 2022. Overall, imports posted a significant expansion. 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 Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/AN/A60.10%
Turkey2.03.621.738.4167.8%
United Arab Emirates18.232.137.116.4-3.4%
India0.90.72.57.3100.9%
China25.412.72.33.4-48.8%
Iran1.31.02.03.336.4%
Germany1.62.714.4N/A200.0%
Others15.54.424.3446206.4%
Total64.957.3104575106.9%

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

  1. Poland (7.8 tons)
  2. India (4.7 tons)
  3. United Arab Emirates (2.3 tons)
  4. Turkey (1.9 tons)
  5. Iran (1.0 tons)
  6. China (0.7 tons)

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

In 2021, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals from Iraq shrank sharply to 533 kg, which is down by -17.2% on the year before. In general, exports recorded a abrupt slump.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals soared to $9.4K in 2021. The total export value increased at an average annual rate of +15.7% from 2020 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. 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 Iraq (Thousand USD)
COUNTRY20202021CAGR,
2020-2021
United Arab EmiratesN/A9.40%
Iran8.2N/A0%
OthersN/AN/A0%
Total8.29.414.6%

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

  1. United Arab Emirates (533.0 kg)

Source: IndexBox Market Intelligence Platform

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