Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Uzbekistan - 2023

Contents:

1. Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Uzbekistan (CIF) - 2023
2. Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Uzbekistan (FOB) - 2022
3. Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Uzbekistan
4. Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Uzbekistan

Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Uzbekistan (CIF) - 2023

In November 2023, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $1,069 per ton, declining by -2% against the previous month. Overall, the import price recorded a slight decrease. The most prominent rate of growth was recorded in February 2023 an increase of 745% m-o-m. The import price peaked at $3,057 per ton in August 2023; however, from September 2023 to November 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was China ($3,026 per ton), while the price for Russia ($645 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+3.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $2,371 per ton, picking up by 10% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2019 an increase of 10% against the previous year. Over the period under review, the average export prices hit record highs at $2,631 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($3,839 per ton), while the average price for exports to Tajikistan ($1,665 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (-6.6%).

Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Uzbekistan

In 2022, after two years of decline, there was significant growth in purchases abroad of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses, when their volume increased by 165% to 514 tons. Over the period under review, imports, however, saw a dramatic slump.

In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses skyrocketed to $2.9M in 2022. In general, imports, however, recorded a slight decrease.

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

1. China (465.4 tons)
2. Russia (19.4 tons)
3. Turkey (13.6 tons)

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

In 2022, the amount of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses exported from Uzbekistan surged to 370 tons, jumping by 72% against 2021. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 187%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses surged to $878K in 2022. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 190% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

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

1. Kazakhstan (295.8 tons)
2. Russia (69.6 tons)
3. Tajikistan (5.0 tons)

Source: IndexBox Market Intelligence Platform