Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Belgium - 2023

Contents:

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

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

The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $3,276 per ton in 2022, remaining constant against the previous year. In general, the import price saw a pronounced setback. The growth pace was the most rapid in 2015 when the average import price increased by 26% against the previous year. The import price peaked at $5,095 per ton in 2019; however, from 2020 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 the Netherlands ($8,924 per ton), while the price for Turkey ($2,246 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.8%), 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 Textile Materials in Belgium (FOB) - 2022

In 2022, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $3,357 per ton, falling by -10.1% against the previous year. Over the period under review, the export price showed a mild decrease. The pace of growth was the most pronounced in 2015 an increase of 86%. As a result, the export price reached the peak level of $6,796 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($21,333 per ton), while the average price for exports to the Netherlands ($2,350 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 Poland (+24.1%), 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 Textile Materials in Belgium

In 2022, after three years of growth, there was significant decline in overseas purchases of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses, when their volume decreased by -11% to 7.9K tons. In general, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 122%. As a result, imports reached the peak of 8.9K tons, and then dropped in the following year.

In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses contracted to $26M in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 133%. As a result, imports reached the peak of $30M, and then fell in the following year.

Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.85.06.17.136.4%
TurkeyN/A0.12.46.3693.7%
Germany4.62.12.93.6-7.8%
Netherlands2.32.22.53.09.3%
India0.11.92.22.8203.7%
PolandN/A0.111.72.0347.2%
Others1.61.41.81.2-9.1%
Total11.412.729.526.031.6%

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

  1. China (3.0K tons)
  2. Turkey (2.8K tons)
  3. India (0.6K tons)
  4. Germany (0.6K tons)
  5. Poland (0.4K tons)
  6. Netherlands (0.3K tons)

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

For the fourth year in a row, Belgium recorded growth in overseas shipments of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses, which increased by 54% to 6.2K tons in 2022. In general, exports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 235%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses surged to $21M in 2022. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 103%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France0.95.36.87.8105.4%
Netherlands0.30.43.06.1172.9%
Germany1.60.70.42.211.2%
Mauritania0.42.72.62.071.0%
Gabon1.2N/A0.10.9-9.1%
Others1.73.32.11.81.9%
Total6.112.315.120.850.5%

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

  1. Netherlands (2.6K tons)
  2. France (2.2K tons)
  3. Germany (0.7K tons)
  4. Mauritania (0.3K tons)
  5. Gabon (0.2K tons)

Source: IndexBox Market Intelligence Platform

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