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

Contents:

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

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

In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $2,250 per ton, with a decrease of -28.9% against the previous year. In general, the import price showed a pronounced contraction. The growth pace was the most rapid in 2018 when the average import price increased by 20%. The import price peaked at $3,314 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($37,796 per ton), while the price for China ($1,706 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+32.8%), 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 Iran (FOB) - 2022

The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $1,363 per ton in 2022, shrinking by -46.6% against the previous year. Overall, the export price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2013 when the average export price increased by 36%. As a result, the export price attained the peak level of $3,229 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Armenia ($3,071 per ton), while the average price for exports to Azerbaijan ($1,047 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 United Arab Emirates (+31.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses into Iran surged to 6.1K tons, with an increase of 41% compared with the previous year's figure. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +12.5% 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 -14.3% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 66% against the previous year. As a result, imports reached the peak of 7.1K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $14M in 2022. In general, total imports indicated a slight increase from 2019 to 2022: its value increased at an average annual rate of +1.8% 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 -33.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 59% against the previous year. As a result, imports reached the peak of $20M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.65.83.96.622.4%
Turkey2.44.12.12.3-1.4%
Spain0.11.20.21.1122.4%
Italy0.80.81.20.94.0%
Germany1.82.11.7N/A-2.8%
Others4.26.54.52.7-13.7%
Total12.920.513.613.61.8%

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

  1. China (3.9K tons)
  2. Turkey (1.1K tons)
  3. Spain (0.4K tons)
  4. Italy (0.1K tons)

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

After three years of growth, overseas shipments of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses decreased by -78.9% to 9.5 tons in 2022. In general, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 768%. As a result, the exports reached the peak of 45 tons, and then shrank sharply in the following year.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses contracted dramatically to $13K in 2022. Overall, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 997% against the previous year. As a result, the exports reached the peak of $115K, and then contracted remarkably in the following year.

Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AzerbaijanN/A4.51.18.335.8%
ArmeniaN/A3.16.74.317.8%
KazakhstanN/AN/A4.80.3-93.8%
Uzbekistan3.7N/A68.9N/A331.5%
TajikistanN/A0.132.8N/A32700.0%
Others1.32.80.4N/A-44.5%
Total4.910.511512.938.1%

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

  1. Azerbaijan (7.9 tons)
  2. Armenia (1.4 tons)
  3. Kazakhstan (0.2 tons)

Source: IndexBox Market Intelligence Platform

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