Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Mexico - 2023
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Mexico (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Mexico (FOB) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Mexico
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Mexico
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Mexico (CIF) - 2022
In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $9,029 per ton, rising by 52% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price attained 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 Germany ($23,557 per ton), while the price for China ($4,280 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.4%), while the prices for the other major suppliers experienced a decline.
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Mexico (FOB) - 2022
In 2022, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $11,795 per ton, waning by -48.2% against the previous year. Overall, the export price, however, posted a mild increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 60%. As a result, the export price attained the peak level of $37,220 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($179,369 per ton), while the average price for exports to the United States amounted to $9,874 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+13.6%).
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Mexico
For the third year in a row, Mexico recorded decline in overseas purchases of rubber; vulcanised, conveyor belts or belting, reinforced only with metals, which decreased by -14.4% to 511 tons in 2022. Overall, imports showed a deep reduction. The smallest decline of -3.3% was in 2020.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals skyrocketed to $4.6M in 2022. In general, imports recorded a perceptible contraction.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.1 | 1.3 | 2.2 | 3.0 | 39.7% |
| Germany | 0.6 | 0.4 | 0.5 | 0.9 | 14.5% |
| China | 0.4 | 0.8 | 0.8 | 0.7 | 20.5% |
| Spain | 1.2 | 1.3 | N/A | N/A | 8.3% |
| Poland | 0.7 | N/A | N/A | N/A | 0% |
| Canada | 1.1 | 0.8 | N/A | N/A | -27.3% |
| Others | 0.2 | 0.3 | 0.1 | N/A | -29.3% |
| Total | 5.4 | 5.0 | 3.5 | 4.6 | -5.2% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal to Mexico in 2022:
- United States (317.1 tons)
- China (155.2 tons)
- Germany (37.4 tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Mexico
In 2022, approx. 14 tons of rubber; vulcanised, conveyor belts or belting, reinforced only with metals were exported from Mexico; increasing by 64% against 2021 figures. In general, exports continue to indicate a prominent 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 contracted rapidly to $163K in 2022. Overall, exports, however, recorded a abrupt descent. The smallest decline of -9.7% was in 2020.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 266 | 214 | 160 | 135 | -20.2% |
| United Arab Emirates | 0.2 | 26.8 | 33.3 | 28.2 | 420.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 266 | 240 | 193 | 163 | -15.1% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal from Mexico in 2022:
- United States (13.7 tons)
- United Arab Emirates (0.2 tons)
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