Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Uruguay - 2023
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Uruguay (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Uruguay (FOB) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Uruguay
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Uruguay
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Uruguay (CIF) - 2022
In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $4,147 per ton, dropping by -3.7% against the previous year. Over the period under review, the import price showed a mild contraction. The growth pace was the most rapid in 2016 when the average import price increased by 20%. Over the period under review, average import prices hit record highs at $5,034 per ton in 2012; however, from 2013 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 India ($17,078 per ton), while the price for China ($2,635 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+16.1%), 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 Uruguay (FOB) - 2022
The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $9,353 per ton in 2022, growing by 19% against the previous year. Over the period under review, the export price continues to indicate a notable increase. The most prominent rate of growth was recorded in 2020 an increase of 58% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Chile.
From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +8.2% per year.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Uruguay
In 2022, approx. 264 tons of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses were imported into Uruguay; rising by 47% against the year before. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 92%. As a result, imports reached the peak of 275 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses surged to $1.1M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.8% 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 decreased by -1.3% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 83% against the previous year. As a result, imports attained the peak of $1.1M; afterwards, it flattened through to 2022.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 154 | 338 | 214 | 483 | 46.4% |
| Brazil | 137 | 152 | 169 | 312 | 31.6% |
| Spain | 4.4 | 10.7 | 3.3 | 54.5 | 131.4% |
| Italy | 69.6 | 104 | 76.1 | 38.5 | -17.9% |
| Taiwan (Chinese) | 28.7 | 24.0 | 12.5 | 37.8 | 9.6% |
| Netherlands | 9.2 | 56.2 | 23.1 | 16.5 | 21.5% |
| Others | 202 | 425 | 276 | 153 | -8.8% |
| Total | 606 | 1,109 | 774 | 1,095 | 21.8% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials to Uruguay in 2022:
- China (183.1 tons)
- Brazil (52.7 tons)
- Spain (8.3 tons)
- Italy (6.2 tons)
- Taiwan (Chinese) (5.8 tons)
- Netherlands (2.1 tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Uruguay
In 2022, approx. 85 kg of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses were exported from Uruguay; which is down by -99.2% against the year before. Overall, exports saw a sharp reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 363% against the previous year.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses reduced rapidly to $795 in 2022. Over the period under review, exports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2021 when exports increased by 438%.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 1.1 | 0.1 | 0.2 | 0.8 | -10.1% |
| Spain | 8.0 | 1.0 | 4.0 | N/A | -29.3% |
| Argentina | 14.3 | 0.3 | 8.1 | N/A | -24.7% |
| Peru | 5.7 | 0.8 | 3.9 | N/A | -17.3% |
| Bolivia | 12.1 | 1.6 | 7.2 | N/A | -22.9% |
| Brazil | 92.5 | 12.1 | 54.3 | N/A | -23.4% |
| Others | 3.1 | 0.4 | 9.5 | N/A | 75.1% |
| Total | 137 | 16.2 | 87.2 | 0.8 | -82.0% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials from Uruguay in 2022:
- Chile (85.0 kg)
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