Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Israel - 2023
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Israel (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Israel (FOB) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Israel
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Israel
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Israel (CIF) - 2022
In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $6,503 per ton, waning by -4.9% against the previous year. Overall, the import price continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2014 an increase of 3.6%. As a result, import price attained the peak level of $8,464 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Africa ($6,503 per ton) and the Netherlands ($6,503 per ton), while the price for Germany ($6,502 per ton) and China ($6,503 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+4.7%), while the prices for the other major suppliers experienced a decline.
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Israel (FOB) - 2022
The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $7,435 per ton in 2022, waning by -31.2% against the previous year. In general, the export price showed a pronounced descent. The most prominent rate of growth was recorded in 2020 an increase of 42% against the previous year. The export price peaked at $10,810 per ton in 2021, and then fell remarkably in the following year.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Cyprus amounted to +16.2% per year.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Israel
In 2022, approx. 196 tons of rubber; vulcanised, conveyor belts or belting, reinforced only with metals were imported into Israel; shrinking by -27.2% compared with 2021 figures. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 917%. As a result, imports attained the peak of 269 tons, and then reduced notably in the following year.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals dropped notably to $1.3M in 2022. Overall, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 835% against the previous year. As a result, imports attained the peak of $1.8M, and then declined rapidly in the following year.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 12.7 | 51.8 | 569 | 679 | 276.7% |
| China | 19.1 | 10.6 | 34.5 | 384 | 171.9% |
| Netherlands | 0.7 | 0.6 | 3.3 | 185 | 541.7% |
| Germany | 10.3 | 6.1 | 320 | 24.0 | 32.6% |
| Slovakia | N/A | 13.2 | 81.1 | N/A | 514.4% |
| Australia | 197 | 87.6 | 397 | N/A | 42.0% |
| Others | 23.1 | 27.1 | 436 | 2.0 | -55.8% |
| Total | 263 | 197 | 1,841 | 1,274 | 69.2% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal to Israel in 2022:
- South Africa (104.4 tons)
- China (59.1 tons)
- Netherlands (28.4 tons)
- Germany (3.7 tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Israel
For the third year in a row, Israel recorded decline in shipments abroad of rubber; vulcanised, conveyor belts or belting, reinforced only with metals, which decreased by -41.8% to 538 kg in 2022. Over the period under review, exports faced a dramatic decrease. The smallest decline of -27% was in 2020.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals declined significantly to $4K in 2022. Overall, exports recorded a sharp descent. The pace of growth appeared the most rapid in 2020 when exports increased by 3.4%. As a result, the exports reached the peak of $61K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 21.5 | 19.1 | 0.9 | 4.0 | -42.9% |
| Cyprus | 5.3 | 6.3 | 1.4 | N/A | -48.6% |
| Germany | 7.4 | N/A | N/A | N/A | 0% |
| China | 2.2 | 2.3 | 0.1 | N/A | -78.7% |
| India | 3.3 | 2.9 | 0.5 | N/A | -61.1% |
| Hungary | 3.0 | N/A | N/A | N/A | 0% |
| Netherlands | 8.2 | 22.2 | 4.3 | N/A | -27.6% |
| Others | 8.1 | 8.2 | 2.8 | N/A | -41.2% |
| Total | 59.0 | 61.0 | 10.0 | 4.0 | -59.2% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal from Israel in 2022:
- United States (537.0 kg)
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