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

Contents:

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

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

In 2022, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $6,807 per ton, with an increase of 19% against the previous year. Overall, the export price, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2015 when the average export price increased by 55%. The export price peaked at $8,413 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($13,219 per ton), while the average price for exports to Algeria ($3,574 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+34.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $5,935 per ton in 2022, reducing by -13% against the previous year. Overall, the import price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2020 an increase of 37%. The import price peaked at $14,943 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($25,004 per ton), while the price for China ($2,985 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, overseas shipments of rubber; vulcanised, conveyor belts or belting, reinforced only with metals decreased by -23.8% to 513 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2021 when exports increased by 92% against the previous year. As a result, the exports attained the peak of 673 tons, and then declined significantly in the following year.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals reduced to $3.5M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 51%. As a result, the exports attained the peak of $3.9M, and then dropped in the following year.

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

1. Iran (151.2 tons)
2. Mexico (71.0 tons)
3. Belgium (58.1 tons)
4. Tunisia (46.4 tons)
5. Morocco (37.9 tons)
6. Netherlands (36.4 tons)
7. United Arab Emirates (29.5 tons)
8. Algeria (28.5 tons)
9. Turkey (13.0 tons)
10. Austria (3.8 tons)
11. Germany (0.4 tons)

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

In 2022, the amount of rubber; vulcanised, conveyor belts or belting, reinforced only with metals imported into Spain fell to 347 tons, which is down by -11.4% compared with 2021. In general, total imports indicated a slight expansion from 2019 to 2022: its volume increased at an average annual rate of +1.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 93%. As a result, imports reached the peak of 392 tons, and then fell in the following year.

In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals dropped remarkably to $2.1M in 2022. Overall, total imports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +2.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +28.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 67% against the previous year. As a result, imports attained the peak of $2.7M, and then fell notably in the following year.

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

1. China (259.3 tons)
2. Japan (37.3 tons)
3. Italy (31.6 tons)
4. Germany (11.1 tons)
5. France (5.1 tons)
6. United Kingdom (0.1 tons)

Source: IndexBox Market Intelligence Platform