Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Kuwait - 2022
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Kuwait (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Kuwait (FOB) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Kuwait
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Kuwait
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Kuwait (CIF) - 2022
The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $16,160 per ton in 2022, dropping by -32% against the previous year. In general, the import price recorded a pronounced decline. The most prominent rate of growth was recorded in 2018 an increase of 43% against the previous year. The import price peaked at $25,759 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($64,209 per ton), while the price for the UK ($5,486 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+9.0%), 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 Kuwait (FOB) - 2022
The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $25,610 per ton in 2022, which is down by -13.7% against the previous year. Overall, the export price, however, recorded prominent growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 67% against the previous year. The export price peaked at $29,686 per ton in 2021, and then shrank in the following year.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to +233.3% per year.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Kuwait
In 2022, approx. 389 tons of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses were imported into Kuwait; with an increase of 391% on 2021. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses surged to $6.3M in 2022. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 851 | 458 | 790 | 1,014 | 6.0% |
| China | 163 | 88.1 | 86.3 | 965 | 80.9% |
| India | 139 | 82.2 | 18.8 | 468 | 49.9% |
| South Korea | 2.8 | 12.2 | 4.3 | 426 | 433.8% |
| Netherlands | 144 | 67.4 | 80.7 | 358 | 35.5% |
| United Kingdom | 0.5 | 15.1 | 2.9 | 292 | 735.9% |
| United States | 112 | 41.5 | 221 | 281 | 35.9% |
| Taiwan (Chinese) | 10.5 | 22.4 | 49.5 | 253 | 188.8% |
| Thailand | 67.5 | 46.2 | 76.8 | 177 | 37.9% |
| Germany | 134 | 102 | 22.1 | 152 | 4.3% |
| Spain | 19.6 | 23.0 | 5.7 | 152 | 97.9% |
| Hungary | 109 | 254 | 169 | 122 | 3.8% |
| United Arab Emirates | 21.3 | 71.8 | 19.5 | 101 | 68.0% |
| Others | 302 | 267 | 337 | 1,524 | 71.5% |
| Total | 2,075 | 1,551 | 1,884 | 6,286 | 44.7% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials to Kuwait in 2022:
- China (76.6 tons)
- United Kingdom (53.3 tons)
- India (39.6 tons)
- Spain (27.6 tons)
- Netherlands (27.5 tons)
- United Arab Emirates (18.5 tons)
- South Korea (18.2 tons)
- Taiwan (Chinese) (15.8 tons)
- Japan (15.8 tons)
- United States (13.4 tons)
- Germany (12.8 tons)
- Hungary (9.2 tons)
- Thailand (7.5 tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Kuwait
In 2022, approx. 503 kg of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses were exported from Kuwait; jumping by 216% compared with the previous year's figure. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak 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 surged to $13K in 2022. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 0.7 | 1.6 | 1.2 | 12.9 | 164.1% |
| Qatar | 0.2 | 0.2 | 0.1 | N/A | -29.3% |
| Oman | 2.3 | 3.6 | 3.4 | N/A | 21.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.2 | 5.3 | 4.7 | 12.9 | 59.2% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials from Kuwait in 2022:
- Saudi Arabia (503.0 kg)
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