Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Norway - 2024

Contents:

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

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

The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $5,955 per ton in 2022, with an increase of 6.1% against the previous year. In general, the import price, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 13% against the previous year. The import price peaked at $7,535 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($9,114 per ton), while the price for South Korea ($2,605 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.1%), 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 Norway (FOB) - 2022

The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $10,989 per ton in 2022, rising by 6% against the previous year. Over the period under review, the export price recorded a moderate expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 414% against the previous year. As a result, the export price reached the peak level of $35,371 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

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 Russia ($43,984 per ton), while the average price for exports to Sweden ($3,871 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 Russia (+21.2%), 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 Norway

In 2022, purchases abroad of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses was finally on the rise to reach 1.3K tons after two years of decline. Over the period under review, imports, however, showed a noticeable descent.

In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses soared to $8M in 2022. In general, imports, however, saw a relatively flat trend pattern.

Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3,1863,1581,7363,016-1.8%
Sweden7521,1919408253.1%
China54546543776011.7%
Poland27538064865933.8%
Spain10533144244361.6%
Italy410446301407-0.2%
Denmark3193402423452.6%
Netherlands608699902340-17.6%
South KoreaN/AN/AN/A2610%
United Kingdom36.879.175.623385.0%
India21117.595.4139-13.0%
Bulgaria31.111.876.213362.3%
Turkey46560.225.525.4-62.1%
Others1,124527675389-29.8%
Total8,0677,7066,5947,975-0.4%

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

  1. Germany (390.5 tons)
  2. China (195.3 tons)
  3. Poland (143.7 tons)
  4. Sweden (106.1 tons)
  5. South Korea (100.0 tons)
  6. Spain (100.0 tons)
  7. Netherlands (60.1 tons)
  8. Denmark (48.8 tons)
  9. Italy (44.7 tons)
  10. Bulgaria (43.4 tons)
  11. United Kingdom (38.3 tons)
  12. India (26.8 tons)
  13. Turkey (6.6 tons)

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

In 2022, approx. 5.9 tons of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses were exported from Norway; with a decrease of -42.7% compared with 2021. Overall, exports saw a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 228% against the previous year.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses shrank dramatically to $65K in 2022. In general, exports faced a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 118% against the previous year. As a result, the exports reached the peak of $106K, and then dropped sharply in the following year.

Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden63.02.23.813.7-39.9%
Russia0.93.519.713.7147.8%
Germany29.51.224.29.9-30.5%
CanadaN/AN/A2.93.03.4%
GreenlandN/AN/A28.01.1-96.1%
SpainN/AN/A3.20.7-78.1%
NetherlandsN/A1.93.80.4-54.1%
IcelandN/A3.14.0N/A29.0%
QatarN/A10.4N/AN/A0%
Others7.526.516.822.143.4%
Total10148.810664.6-13.8%

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

  1. Sweden (3540.0 kg)
  2. Germany (1350.0 kg)
  3. Russia (311.0 kg)
  4. Canada (185.0 kg)
  5. Spain (94.0 kg)
  6. Netherlands (92.0 kg)
  7. Greenland (10.0 kg)

Source: IndexBox Market Intelligence Platform

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