Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Italy - 2023
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Italy (FOB) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Italy (CIF) - 2022
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Italy
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Italy
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Italy (FOB) - 2022
In 2022, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $8,745 per ton, with a decrease of -2.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 24%. As a result, the export price reached the peak level of $8,970 per ton, and then reduced modestly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($26,716 per ton), while the average price for exports to Pakistan ($1,020 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 Algeria (+16.5%), 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 Italy (CIF) - 2022
In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $3,965 per ton, reducing by -20.5% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 46%. As a result, import price attained the peak level of $4,987 per ton, and then shrank notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($11,704 per ton), while the price for Turkey ($2,383 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Italy
In 2022, the amount of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses exported from Italy reached 6K tons, growing by 4% compared with the year before. In general, exports, however, recorded a noticeable descent.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $52M in 2022. The total export value increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Algeria | 12.7 | 7.2 | 10.8 | 8.0 | -14.3% |
| Germany | 3.0 | 2.3 | 3.6 | 4.5 | 14.5% |
| France | 2.9 | 2.1 | 3.8 | 4.2 | 13.1% |
| United States | 3.2 | 2.8 | 4.6 | 3.5 | 3.0% |
| Austria | 1.8 | 0.9 | 1.3 | 2.1 | 5.3% |
| Spain | 1.7 | 1.3 | 1.5 | 1.4 | -6.3% |
| Hungary | 0.6 | 2.0 | 0.5 | 1.2 | 26.0% |
| United Arab Emirates | 0.2 | 0.3 | 0.6 | 1.1 | 76.5% |
| Ethiopia | N/A | 0.1 | 0.2 | 1.0 | 216.2% |
| Argentina | 0.8 | 0.5 | 0.9 | 0.9 | 4.0% |
| Slovenia | 0.6 | 0.7 | 0.6 | 0.7 | 5.3% |
| Pakistan | 1.2 | 0.5 | 0.5 | 0.5 | -25.3% |
| Senegal | 0.3 | 0.2 | 0.4 | 0.5 | 18.6% |
| Others | 20.1 | 19.4 | 22.4 | 22.9 | 4.4% |
| Total | 49.0 | 40.4 | 51.7 | 52.5 | 2.3% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials from Italy in 2022:
- Pakistan (476.0 tons)
- France (445.5 tons)
- Germany (392.0 tons)
- Austria (361.2 tons)
- Ethiopia (320.0 tons)
- Algeria (298.5 tons)
- Hungary (250.1 tons)
- Spain (227.2 tons)
- United Arab Emirates (196.4 tons)
- Argentina (170.1 tons)
- Slovenia (154.4 tons)
- United States (139.9 tons)
- Senegal (136.6 tons)
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Italy
In 2022, approx. 8.7K tons of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses were imported into Italy; with a decrease of -14.3% on the previous year. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +8.8% 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 +57.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 83%. As a result, imports reached the peak of 10K tons, and then fell in the following year.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses shrank remarkably to $34M in 2022. Over the period under review, imports, however, saw a prominent increase. The growth pace was the most rapid in 2021 when imports increased by 167% against the previous year. As a result, imports attained the peak of $50M, and then declined significantly in the following year.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.1 | 4.9 | 7.3 | 10.5 | 13.9% |
| Netherlands | 3.9 | 4.9 | 7.9 | 7.4 | 23.8% |
| Turkey | 1.0 | 2.0 | 4.3 | 4.9 | 69.8% |
| Germany | 3.9 | 3.2 | 11.5 | 3.2 | -6.4% |
| India | 2.7 | 0.6 | 0.7 | 1.3 | -21.6% |
| Romania | 0.6 | 0.6 | 1.6 | 1.2 | 26.0% |
| Hungary | 0.9 | 0.6 | 2.0 | 0.7 | -8.0% |
| Others | 2.9 | 2.0 | 15.1 | 5.0 | 19.9% |
| Total | 23.0 | 18.8 | 50.3 | 34.3 | 14.2% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials to Italy in 2022:
- China (4.2K tons)
- Turkey (2.1K tons)
- Netherlands (1.2K tons)
- India (0.4K tons)
- Germany (0.3K tons)
- Romania (0.1K tons)
- Hungary (0.1K tons)
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