Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Belarus - 2022

Contents:

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

Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Belarus (CIF) - 2022

The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $3,599 per ton in 2022, surging by 16% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 35%. Over the period under review, average import prices hit record highs at $4,007 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ukraine ($3,643 per ton), while the price for China ($2,430 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+6.5%), while the prices for the other major suppliers experienced a decline.

Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Belarus (FOB) - 2022

The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $3,998 per ton in 2022, approximately mirroring the previous year. In general, the export price continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2020 when the average export price increased by 85%. Over the period under review, the average export prices hit record highs at $6,523 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -3.2% per year.

Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Belarus

In 2022, overseas purchases of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses decreased by -85.5% to 362 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a dramatic decline. The growth pace was the most rapid in 2020 with an increase of 20%. As a result, imports reached the peak of 4.4K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses reduced notably to $1.3M in 2022. In general, imports faced a sharp reduction. The smallest decline of -12.9% was in 2020.

Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia9.18.76.11.0-52.1%
China0.80.40.30.1-50.0%
Others1.60.91.40.2-50.0%
Total11.510.07.71.3-51.6%

Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials to Belarus in 2022:

  1. Russia (312.7 tons)
  2. China (26.8 tons)

Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Belarus

In 2022, the amount of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses exported from Belarus declined modestly to 69 tons, which is down by -4.8% against 2021. In general, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses contracted to $277K in 2022. Over the period under review, exports showed a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 20%.

Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia316233285273-4.8%
Others8.512.89.53.7-24.2%
Total324245294277-5.1%

Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials from Belarus in 2022:

  1. Russia (68.8 tons)

Source: IndexBox Market Intelligence Platform

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