Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the United Arab Emirates - 2022

Contents:

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

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

In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $3,739 per ton, picking up by 24% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 29%. As a result, import price reached the peak level of $3,841 per ton. From 2021 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 the Netherlands ($8,994 per ton), while the price for China ($2,405 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.8%), 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 the United Arab Emirates (FOB) - 2022

The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $5,646 per ton in 2022, surging by 73% against the previous year. In general, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses increased by +86.1% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sudan ($6,977 per ton), while the average price for exports to the United States ($1,802 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 Sudan (+12.8%), 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 the United Arab Emirates

In 2022, the amount of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses imported into the United Arab Emirates dropped remarkably to 3K tons, with a decrease of -24.9% on the previous year's figure. Over the period under review, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 2.1% against the previous year.

In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses dropped to $11M in 2022. In general, imports faced a deep reduction. The smallest decline of -5.7% was in 2020.

Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.93.33.73.4-11.5%
India4.41.82.73.2-10.1%
Italy0.60.30.60.4-12.6%
Netherlands0.73.61.20.3-24.6%
Turkey0.30.20.10.1-30.7%
Others5.26.13.74.0-8.4%
Total16.115.212.111.3-11.1%

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

  1. China (1418.1 tons)
  2. India (1338.6 tons)
  3. Italy (89.4 tons)
  4. Netherlands (28.4 tons)
  5. Turkey (22.0 tons)

Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the United Arab Emirates

In 2022, approx. 764 tons of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses were exported from the United Arab Emirates; falling by -10% compared with the previous year's figure. In general, exports showed a deep reduction.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses skyrocketed to $4.3M in 2022. Over the period under review, exports saw a relatively flat trend pattern.

Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia89.92471621,656164.1%
Oman1,8901,134315678-28.9%
QatarN/AN/AN/A3780%
SudanN/AN/AN/A2830%
Kuwait21.976.47.012277.3%
Bahrain15233.49.6110-10.2%
JordanN/AN/AN/A76.90%
MoroccoN/AN/A19.851.6160.6%
United States58.544.318.029.9-20.0%
Iran1,4909631,24510.2-81.0%
South AfricaN/AN/A1342.1-98.4%
FranceN/A1182250.4-94.2%
Peru275N/AN/AN/A0%
Others38552762691533.5%
Total4,3643,1432,7634,312-0.4%

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

  1. Saudi Arabia (237.5 tons)
  2. Oman (224.0 tons)
  3. Qatar (102.2 tons)
  4. Sudan (40.5 tons)
  5. Jordan (27.6 tons)
  6. Morocco (24.4 tons)
  7. Bahrain (20.1 tons)
  8. Kuwait (17.8 tons)
  9. United States (16.6 tons)
  10. Iran (2.2 tons)
  11. South Africa (1.4 tons)
  12. France (0.2 tons)

Source: IndexBox Market Intelligence Platform

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