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

Contents:

  1. Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Denmark (CIF) - 2023
  2. Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Denmark (FOB) - 2022
  3. Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Denmark
  4. Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Denmark

Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Denmark (CIF) - 2023

In November 2023, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $6,523 per ton, growing by 42% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $7,276 per ton in September 2023; however, from October 2023 to November 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($31,204 per ton), while the price for Germany ($4,946 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+44.0%), 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 Denmark (FOB) - 2022

The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $8,623 per ton in 2022, rising by 2% against the previous year. Over the period under review, the export price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 an increase of 23%. The export price peaked at $19,764 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($144,975 per ton), while the average price for exports to Latvia ($5,924 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 the UK (+17.5%), 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 Denmark

In 2022, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses into Denmark rose to 1.8K tons, surging by 3.3% against 2021. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 72% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses contracted to $10M in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 78%. As a result, imports attained the peak of $11M, and then shrank in the following year.

Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,3982,4154,9213,93017.9%
Netherlands9702,0702,4432,50237.1%
India6114811,0121,19625.1%
Sweden6803637488718.6%
Italy68.022.155.9609107.7%
HungaryN/A31.91,201286199.4%
Turkey41.076.443.214050.6%
China19040210.77.5-66.0%
Others49146581368011.5%
Total5,4486,32711,24810,22123.3%

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

  1. Germany (884.9 tons)
  2. Netherlands (474.6 tons)
  3. India (179.4 tons)
  4. Sweden (71.7 tons)
  5. Italy (68.9 tons)
  6. Turkey (54.0 tons)
  7. Hungary (31.7 tons)
  8. China (1.4 tons)

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

After three years of growth, overseas shipments of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses decreased by -44.2% to 203 tons in 2022. In general, exports continue to indicate a pronounced contraction. The growth pace was the most rapid in 2021 when exports increased by 58%. As a result, the exports reached the peak of 364 tons, and then shrank remarkably in the following year.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses dropped sharply to $1.8M in 2022. Overall, exports, however, posted a tangible increase. The most prominent rate of growth was recorded in 2021 with an increase of 58% against the previous year. As a result, the exports reached the peak of $3.1M, and then fell rapidly in the following year.

Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/A60.0795691239.4%
Norway14221318334935.0%
Germany338522555211-14.5%
United States62.460.129.312325.4%
Sweden43857385265.3-47.0%
Netherlands13.833.264.958.161.5%
Poland28.36.340.629.00.8%
Estonia26.496.41474.6-44.1%
Latvia1451241501.3-79.2%
Austria19483.315.00.3-88.4%
Others1701832462209.0%
Total1,5591,9543,0791,7524.0%

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

  1. Italy (88.3 tons)
  2. Norway (47.2 tons)
  3. Germany (29.1 tons)
  4. Netherlands (8.4 tons)
  5. Sweden (8.4 tons)
  6. United States (5.8 tons)
  7. Poland (4.2 tons)
  8. Estonia (0.2 tons)
  9. Latvia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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