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

Contents:

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

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

The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $6,187 per ton in 2022, falling by -49.5% against the previous year. In general, the import price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2018 an increase of 88% against the previous year. As a result, import price attained the peak level of $52,904 per ton. From 2019 to 2022, the average 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 the Netherlands ($259,000 per ton), while the price for the UK ($5,846 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.2%), 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 Ireland (FOB) - 2022

In 2022, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $14,603 per ton, with an increase of 13% against the previous year. Overall, the export price showed a resilient expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 104%. Over the period under review, the average export prices hit record highs at $30,052 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($15,520 per ton), while the average price for exports to the United States totaled $9,698 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-0.9%).

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

In 2022, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals into Ireland skyrocketed to 66 tons, increasing by 202% against the previous year's figure. Over the period under review, imports enjoyed significant growth. 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 $409K in 2022. Overall, imports, however, continue to indicate a deep contraction.

Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom576683215381-12.9%
China12.391.43.50.2-74.7%
Others22.129.749.927.98.1%
Total610805269409-12.5%

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

  1. United Kingdom (65.1 tons)

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

In 2022, the amount of rubber; vulcanised, conveyor belts or belting, reinforced only with metals exported from Ireland surged to 1.1 tons, growing by 84% on the year before. Overall, exports saw a strong increase. As a result, the exports attained 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 surged to $17K in 2022. In general, exports enjoyed a significant increase. 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 Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom3.72.86.213.353.2%
United StatesN/AN/AN/A2.80%
Germany1.80.7N/A0.2-51.9%
France1.3N/A0.4N/A-44.5%
DenmarkN/AN/A0.9N/A0%
Netherlands2.00.70.5N/A-50.0%
OthersN/A0.40.10.511.8%
Total8.84.58.116.824.1%

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

  1. United Kingdom (856.0 kg)
  2. United States (291.0 kg)
  3. Germany (2.0 kg)

Source: IndexBox Market Intelligence Platform

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