Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Turkey - 2024
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Turkey (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Turkey (FOB) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Turkey
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Turkey
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Turkey (CIF) - 2022
In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $4,047 per ton, reducing by -37.5% against the previous year. Overall, the import price continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2016 an increase of 218% against the previous year. As a result, import price reached the peak level of $17,459 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($15,822 per ton), while the price for Greece ($2,705 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+3.3%), 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 Turkey (FOB) - 2022
In 2022, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $4,647 per ton, dropping by -5.7% against the previous year. In general, the export price showed a deep contraction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 143%. As a result, the export price attained the peak level of $23,996 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($12,174 per ton), while the average price for exports to Libya ($2,000 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 Angola (+68.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Turkey
For the fourth consecutive year, Turkey recorded growth in purchases abroad of rubber; vulcanised, conveyor belts or belting, reinforced only with metals, which increased by 20% to 2.8K tons in 2022. Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 966% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals reduced rapidly to $11M in 2022. In general, imports posted significant growth. The growth pace was the most rapid in 2020 with an increase of 510% against the previous year.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | N/A | 3.2 | 0.4 | 5.0 | 25.0% |
| China | 0.5 | 2.0 | 11.7 | 3.6 | 93.1% |
| Germany | 0.4 | 1.0 | 1.3 | 1.6 | 58.7% |
| Serbia | 0.1 | 0.6 | 0.7 | 0.6 | 81.7% |
| Netherlands | N/A | 0.1 | 0.6 | 0.5 | 123.6% |
| Others | 0.1 | 0.2 | 0.4 | 0.2 | 26.0% |
| Total | 1.1 | 7.0 | 15.1 | 11.3 | 117.4% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal to Turkey in 2022:
- Greece (1841.0 tons)
- China (671.4 tons)
- Serbia (113.3 tons)
- Germany (101.0 tons)
- Netherlands (70.8 tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Turkey
In 2022, approx. 253 tons of rubber; vulcanised, conveyor belts or belting, reinforced only with metals were exported from Turkey; growing by 678% against 2021. Overall, exports continue to indicate a significant increase. As a result, the exports reached 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 soared to $1.2M in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports attained 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 Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | N/A | 50.7 | 5.0 | 908 | 323.2% |
| Serbia | N/A | 21.3 | N/A | 76.2 | 89.1% |
| Slovakia | N/A | 5.8 | 7.2 | 72.1 | 252.6% |
| North Macedonia | 19.5 | 10.2 | 31.7 | 30.6 | 16.2% |
| Angola | N/A | N/A | 59.8 | 18.7 | -68.7% |
| Others | 92.3 | 20.9 | 56.3 | 69.3 | -9.1% |
| Total | 112 | 109 | 160 | 1,175 | 118.9% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal from Turkey in 2022:
- Iran (206.9 tons)
- Serbia (21.1 tons)
- Slovakia (9.6 tons)
- North Macedonia (4.2 tons)
- Angola (2.5 tons)
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