Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the United States - 2023
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the United States (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the United States (FOB) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the United States
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the United States
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the United States (CIF) - 2022
In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $4,244 per ton, picking up by 11% against the previous year. Over the period under review, the import price, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2019 an increase of 12% against the previous year. Over the period under review, average import prices reached the maximum at $5,454 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Canada ($8,415 per ton), while the price for China ($2,075 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.5%), 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 States (FOB) - 2022
The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $4,426 per ton in 2022, approximately mirroring the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 17% against the previous year. As a result, the export price attained the peak level of $5,472 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($16,519 per ton), while the average price for exports to India ($1,053 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 Pakistan (+5.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the United States
In 2022, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses into the United States skyrocketed to 68K tons, with an increase of 51% on the previous year. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.5% against 2020 indices. 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 soared to $289M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.0% 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 +76.4% against 2020 indices. As a result, imports reached 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 the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 61.0 | 41.9 | 30.7 | 75.4 | 7.3% |
| China | 40.2 | 31.9 | 38.2 | 61.8 | 15.4% |
| India | 25.1 | 16.7 | 21.5 | 35.5 | 12.2% |
| Taiwan (Chinese) | 24.2 | 24.1 | 28.9 | 33.5 | 11.4% |
| Mexico | 12.9 | 8.8 | 11.7 | 14.8 | 4.7% |
| Poland | 5.3 | 5.8 | 4.8 | 14.8 | 40.8% |
| Turkey | 2.7 | 3.4 | 5.6 | 10.2 | 55.7% |
| Others | 39.7 | 31.1 | 30.3 | 42.5 | 2.3% |
| Total | 211 | 164 | 172 | 289 | 11.1% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials to the United States in 2022:
- China (29.8K tons)
- India (9.2K tons)
- Canada (9.0K tons)
- Taiwan (Chinese) (6.9K tons)
- Turkey (4.0K tons)
- Poland (3.0K tons)
- Mexico (2.5K tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the United States
In 2022, the amount of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses exported from the United States amounted to 33K tons, with an increase of 12% against the previous year. The total export volume increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 27% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses expanded rapidly to $147M in 2022. The total export value increased at an average annual rate of +9.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 28%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 59.6 | 55.8 | 71.6 | 85.5 | 12.8% |
| Mexico | 15.4 | 13.7 | 17.3 | 16.4 | 2.1% |
| Brazil | 3.3 | 3.1 | 4.9 | 9.2 | 40.7% |
| Pakistan | 1.5 | 0.8 | 1.7 | 1.5 | 0.0% |
| India | 0.8 | 0.8 | 0.4 | 0.7 | -4.4% |
| Others | 30.7 | 27.5 | 34.5 | 34.2 | 3.7% |
| Total | 111 | 102 | 130 | 147 | 9.8% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials from the United States in 2022:
- Canada (26.9K tons)
- Mexico (2.4K tons)
- Pakistan (0.7K tons)
- India (0.7K tons)
- Brazil (0.6K tons)
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