Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Ethiopia - 2022
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Ethiopia (CIF) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Ethiopia
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Ethiopia (CIF) - 2022
In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $2,464 per ton, reducing by -22.5% against the previous year. In general, the import price saw a pronounced contraction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 19%. As a result, import price attained the peak level of $4,332 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($11,000 per ton), while the price for China ($2,407 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Ethiopia
In 2022, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses into Ethiopia soared to 133 tons, growing by 37% on 2021. Overall, imports, however, showed a deep slump. The pace of growth appeared the most rapid in 2020 when imports increased by 198%. As a result, imports attained the peak of 476 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $328K in 2022. In general, imports, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 187%. As a result, imports reached the peak of $1.8M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 353 | 331 | 129 | 319 | -3.3% |
| Turkey | 65.0 | 536 | 1.9 | 0.7 | -77.9% |
| India | 45.5 | 323 | 36.3 | N/A | -10.7% |
| Italy | 29.5 | 384 | 98.6 | N/A | 82.8% |
| Others | 119 | 185 | 45.0 | 8.3 | -58.8% |
| Total | 612 | 1,758 | 310 | 328 | -18.8% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials to Ethiopia in 2022:
- China (132.7 tons)
- Turkey (0.1 tons)
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