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

Contents:

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

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

The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $4,993 per ton in November 2023, which is down by -8.4% against the previous month. In general, the import price continues to indicate a abrupt slump. The pace of growth was the most pronounced in March 2023 an increase of 129% m-o-m. The import price peaked at $11,368 per ton in November 2022; however, from December 2022 to November 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($17,900 per ton), while the price for China ($1,060 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 India (+14.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $8,811 per ton in 2022, surging by 6.8% against the previous year. In general, the export price, however, continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2018 an increase of 36% against the previous year. As a result, the export price reached the peak level of $13,034 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($23,778 per ton), while the average price for exports to Romania ($4,664 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 Canada (+6.5%), 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 Ireland

In 2022, the amount of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses imported into Ireland rose rapidly to 1K tons, picking up by 9.7% compared with the year before. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +18.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61% against the previous year. Imports peaked 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 expanded rapidly to $4.6M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 70% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands8884641,7021,39816.3%
China11964.3319982102.1%
United Kingdom869675848703-6.8%
Germany5422635036988.8%
TurkeyN/A58.2118547206.6%
India61270159623.5-66.3%
Others20622771.22283.4%
Total3,2352,4534,1584,57812.3%

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

  1. China (435.9 tons)
  2. Netherlands (240.1 tons)
  3. Turkey (221.3 tons)
  4. United Kingdom (71.5 tons)
  5. Germany (49.4 tons)
  6. India (7.4 tons)

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

In 2022, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses from Ireland surged to 139 tons, picking up by 17% against the previous year. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 73%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses soared to $1.2M in 2022. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 67% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France93.981.711122032.8%
RomaniaN/AN/AN/A1870%
United States20.819.995.210370.4%
United Kingdom23625110684.4-29.0%
New Zealand40.062.448.477.024.4%
Sweden22.331.038.266.543.9%
Poland21.925.016363.942.9%
Canada2.48.123.449.1173.5%
Belgium6.617.916.342.385.8%
Austria13.234.021.541.346.3%
Australia7.432.937.532.263.3%
Spain16.813.516.631.323.0%
Germany14.469.476.827.924.7%
Others50.026722820359.5%
Total5469149821,22831.0%

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

  1. Romania (40.0 tons)
  2. United States (10.7 tons)
  3. United Kingdom (9.8 tons)
  4. France (9.3 tons)
  5. New Zealand (7.4 tons)
  6. Sweden (6.8 tons)
  7. Poland (6.6 tons)
  8. Canada (5.0 tons)
  9. Belgium (4.6 tons)
  10. Austria (4.0 tons)
  11. Australia (3.3 tons)
  12. Spain (3.1 tons)
  13. Germany (2.7 tons)

Source: IndexBox Market Intelligence Platform

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