Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Thailand - 2024
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Thailand (FOB) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Thailand (CIF) - 2024
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Thailand
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Thailand
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Thailand (FOB) - 2022
The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $4,769 per ton in 2022, approximately mirroring the previous year. In general, the export price saw a pronounced decline. The most prominent rate of growth was recorded in 2019 when the average export price increased by 34%. The export price peaked at $8,135 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5,102 per ton), while the average price for exports to Singapore ($2,112 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 Chile (+4.7%), 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 Thailand (CIF) - 2024
In January 2024, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $5,198 per ton, surging by 20% against the previous month. Over the period under review, the import price, however, recorded a mild shrinkage. The growth pace was the most rapid in October 2023 when the average import price increased by 115% against the previous month. As a result, import price reached the peak level of $8,312 per ton. From November 2023 to January 2024, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($9,609 per ton), while the price for Australia amounted to $4,982 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+10.1%), while the prices for the other major suppliers experienced a decline.
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Thailand
In 2022, overseas shipments of rubber; vulcanised, conveyor belts or belting, reinforced only with metals decreased by -17.8% to 2.5K tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 45% against the previous year. As a result, the exports attained the peak of 3.2K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals declined sharply to $12M in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.0 | 3.7 | 3.9 | 4.9 | -0.7% |
| Australia | 3.6 | 6.7 | 7.3 | 4.6 | 8.5% |
| Peru | 1.3 | 0.4 | 1.8 | 1.3 | 0.0% |
| India | 0.2 | 0.1 | 0.3 | 0.4 | 26.0% |
| Chile | 1.8 | 2.4 | 0.7 | 0.2 | -51.9% |
| Singapore | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.2 | 0.1 | 0.4 | 0.3 | 14.5% |
| Total | 12.1 | 13.5 | 14.4 | 11.8 | -0.8% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal from Thailand in 2022:
- Australia (1019.8 tons)
- United States (969.8 tons)
- Peru (270.3 tons)
- India (85.3 tons)
- Chile (54.9 tons)
- Singapore (38.4 tons)
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Thailand
In 2022, supplies from abroad of rubber; vulcanised, conveyor belts or belting, reinforced only with metals increased by 8.7% to 1.9K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a deep downturn.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals surged to $8.7M in 2022. In general, imports, however, faced a significant contraction.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.3 | 1.5 | 2.9 | 4.1 | 21.3% |
| Germany | 1.0 | 1.5 | 2.6 | 3.4 | 50.4% |
| Poland | 13.0 | 6.2 | N/A | 0.5 | -66.2% |
| Australia | N/A | 0.3 | 0.6 | 0.2 | -18.4% |
| Japan | 0.8 | 0.3 | 0.5 | 0.2 | -37.0% |
| Others | 0.3 | 0.3 | 0.4 | 0.3 | 0.0% |
| Total | 17.4 | 10.1 | 6.9 | 8.7 | -20.6% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal to Thailand in 2022:
- China (988.8 tons)
- Germany (721.6 tons)
- Poland (90.8 tons)
- Australia (34.1 tons)
- Japan (23.0 tons)
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