Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Kenya - 2022
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Kenya (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Kenya (FOB) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Kenya
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Kenya
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Kenya (CIF) - 2022
In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $3,378 per ton, picking up by 17% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 22% against the previous year. As a result, import price reached the peak level of $4,180 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($19,041 per ton), while the price for the United Arab Emirates ($2,375 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+19.2%), 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 Kenya (FOB) - 2022
In 2022, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $2,569 per ton, dropping by -25.8% against the previous year. Overall, the export price saw a noticeable slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 61%. As a result, the export price attained the peak level of $6,547 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
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 Rwanda ($40,000 per ton), while the average price for exports to Democratic Republic of the Congo ($1,339 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 Rwanda (+23.9%), 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 Kenya
In 2022, approx. 274 tons of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses were imported into Kenya; with a decrease of -64.6% compared with the previous year's figure. Over the period under review, imports continue to indicate a dramatic contraction. The pace of growth was the most pronounced in 2021 when imports increased by 51%. As a result, imports reached the peak of 773 tons, and then shrank remarkably in the following year.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses dropped remarkably to $924K in 2022. Overall, imports faced a sharp descent. The pace of growth was the most pronounced in 2021 with an increase of 60% against the previous year. As a result, imports reached the peak of $2.2M, and then fell remarkably in the following year.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 311 | 483 | 288 | 378 | 6.7% |
| India | 492 | 467 | 1,007 | 322 | -13.2% |
| Netherlands | 168 | 54.6 | 266 | 139 | -6.1% |
| Italy | 570 | 72.8 | 112 | 28.5 | -63.2% |
| South Africa | 9.5 | 10.9 | 22.2 | 22.8 | 33.9% |
| Turkey | 3.6 | 3.3 | 109 | 0.2 | -61.8% |
| United Arab Emirates | 44.8 | 32.1 | 79.5 | N/A | 33.2% |
| Portugal | 37.5 | 33.7 | 113 | N/A | 73.6% |
| Others | 411 | 236 | 230 | 33.7 | -56.6% |
| Total | 2,047 | 1,394 | 2,227 | 924 | -23.3% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials to Kenya in 2022:
- China (137.5 tons)
- India (101.7 tons)
- Netherlands (16.7 tons)
- Italy (8.6 tons)
- South Africa (4.6 tons)
- Turkey (0.1 tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Kenya
In 2022, the amount of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses exported from Kenya dropped slightly to 510 kg, stabilizing at 2021. Overall, exports recorded a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 19%.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses declined rapidly to $1.3K in 2022. Over the period under review, exports showed a sharp decrease. The smallest decline of -21% was in 2021.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 2,574 | 879 | 259 | 471 | -43.2% |
| Democratic Republic of the Congo | 145 | 89.0 | 217 | 367 | 36.3% |
| South Sudan | 1,579 | 585 | 74.0 | 292 | -43.0% |
| Uganda | 789 | 252 | 744 | 127 | -45.6% |
| Others | 279 | 458 | 493 | 53.0 | -42.5% |
| Total | 5,366 | 2,263 | 1,787 | 1,310 | -37.5% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials from Kenya in 2022:
- Democratic Republic of the Congo (274.0 kg)
- South Sudan (157.0 kg)
- Uganda (47.0 kg)
- Tanzania (28.0 kg)
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