Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Bulgaria - 2023
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Bulgaria (FOB) - 2023
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Bulgaria (CIF) - 2022
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Bulgaria
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Bulgaria
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Bulgaria (FOB) - 2023
The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $6,509 per ton in October 2023, with a decrease of -10% against the previous month. Over the last twelve months, it increased at an average monthly rate of +4.0%. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 35% against the previous month. Over the period under review, the average export prices attained the maximum at $7,229 per ton in September 2023, and then declined in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was the Czech Republic ($7,325 per ton), while the average price for exports to Serbia ($3,137 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+6.1%), 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 Textile Materials in Bulgaria (CIF) - 2022
The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $4,012 per ton in 2022, surging by 7.1% against the previous year. Overall, the import price, however, saw a pronounced reduction. The pace of growth was the most pronounced in 2016 an increase of 21%. Over the period under review, average import prices hit record highs at $5,468 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($7,073 per ton), while the price for Turkey ($2,408 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Bulgaria
Exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses from Bulgaria shrank markedly to 3.2K tons in 2022, with a decrease of -15.8% on the previous year. The total export volume increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 49% against the previous year. As a result, the exports reached the peak of 3.7K tons, and then fell markedly in the following year.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses reached $12M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 3.4 | 3.5 | 1.8 | 6.5 | 24.1% |
| Serbia | 0.4 | N/A | 3.2 | 1.7 | 62.0% |
| North Macedonia | N/A | N/A | 2.3 | 1.0 | -56.5% |
| Kosovo | N/A | 0.8 | 1.9 | 0.6 | -13.4% |
| Germany | 0.3 | 0.5 | 0.4 | 0.6 | 26.0% |
| Ukraine | N/A | N/A | N/A | 0.4 | 0% |
| Italy | 0.3 | 0.4 | 0.5 | 0.2 | -12.6% |
| Poland | 0.4 | 0.1 | N/A | 0.2 | -20.6% |
| Hungary | 0.9 | 0.3 | N/A | 0.1 | -51.9% |
| Greece | 1.2 | 0.7 | 0.2 | N/A | -59.2% |
| Others | 0.8 | 0.7 | 0.3 | 0.5 | -14.5% |
| Total | 7.8 | 7.0 | 10.7 | 11.8 | 14.8% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials from Bulgaria in 2022:
- Czech Republic (1487.4 tons)
- Serbia (533.0 tons)
- North Macedonia (285.5 tons)
- Kosovo (245.6 tons)
- Germany (170.9 tons)
- Ukraine (142.4 tons)
- Italy (73.7 tons)
- Poland (30.6 tons)
- Hungary (21.7 tons)
- Greece (10.2 tons)
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Bulgaria
In 2022, the amount of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses imported into Bulgaria surged to 1.1K tons, picking up by 43% on the previous year's figure. The total import volume increased at an average annual rate of +2.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses surged to $4.5M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +5.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.7% against 2020 indices.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 250 | 146 | 273 | 1,490 | 81.3% |
| Turkey | 1,149 | 1,013 | 970 | 1,101 | -1.4% |
| Germany | 265 | 1,307 | 650 | 643 | 34.4% |
| China | 1,485 | 2,318 | 75.2 | 201 | -48.7% |
| Slovenia | 44.4 | 0.3 | 124 | 184 | 60.6% |
| Italy | 54.4 | 59.2 | 189 | 166 | 45.0% |
| Czech Republic | 70.7 | 32.3 | 122 | 116 | 17.9% |
| Romania | 172 | 95.8 | 199 | 69.4 | -26.1% |
| Slovakia | 159 | 135 | 201 | N/A | 12.4% |
| Others | 174 | 131 | 151 | 547 | 46.5% |
| Total | 3,822 | 5,238 | 2,954 | 4,518 | 5.7% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials to Bulgaria in 2022:
- Turkey (457.2 tons)
- Netherlands (318.7 tons)
- Germany (119.9 tons)
- Slovenia (72.5 tons)
- China (43.4 tons)
- Czech Republic (32.8 tons)
- Italy (23.5 tons)
- Romania (17.6 tons)
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