Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Spain - 2023
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Spain (FOB) - 2023
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Spain (CIF) - 2022
- Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Spain
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Spain
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Spain (FOB) - 2023
In December 2023, the average export price for rubber amounted to $6,811 per ton, shrinking by -6.8% against the previous month. In general, the export price saw a slight decrease. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 61% month-to-month. Over the period under review, the average export prices attained the maximum at $20,767 per ton in August 2023; however, from September 2023 to December 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was Germany ($31,684 per ton), while the average price for exports to Poland ($3,811 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Spain (CIF) - 2022
The average import price for rubber stood at $5,852 per ton in 2022, picking up by 52% against the previous year. Overall, the import price, however, recorded a deep slump. The import price peaked at $16,851 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Belgium ($24,339 per ton), while the price for Faroe Islands ($4,114 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cameroon (+55.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Spain
In 2022, approx. 1.2K tons of rubber were exported from Spain; growing by 39% against the year before. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +109.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 51% 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 soared to $12M in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 50% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,547 | 2,759 | 5,654 | 8,704 | 77.9% |
| Germany | 105 | 214 | 314 | 749 | 92.5% |
| Morocco | 1,367 | 413 | 320 | 649 | -22.0% |
| Italy | 20.2 | 64.5 | 43.5 | 368 | 163.1% |
| Portugal | 116 | 149 | 128 | 264 | 31.5% |
| India | 1.0 | 22.2 | N/A | 199 | 483.8% |
| Tunisia | 12.3 | 2.0 | 40.6 | 127 | 117.8% |
| Mexico | 82.0 | 86.8 | 153 | 123 | 14.5% |
| United Kingdom | 143 | 595 | 327 | 87.4 | -15.1% |
| Burkina Faso | N/A | N/A | 413 | N/A | 0% |
| Senegal | 163 | 28.1 | N/A | N/A | -82.8% |
| Others | 705 | 1,015 | 616 | 645 | -2.9% |
| Total | 4,263 | 5,347 | 8,008 | 11,914 | 40.9% |
Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from Spain in 2022:
- France (691.8 tons)
- Morocco (198.2 tons)
- Italy (72.7 tons)
- India (63.5 tons)
- Germany (38.4 tons)
- Tunisia (35.3 tons)
- Portugal (30.1 tons)
- Mexico (12.5 tons)
- United Kingdom (8.2 tons)
Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Spain
Imports of rubber into Spain contracted to 1.4K tons in 2022, reducing by -14.9% on the year before. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 178%. As a result, imports reached the peak of 1.7K tons, and then declined in the following year.
In value terms, imports of rubber surged to $8.3M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +5.9% 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 -15.8% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 41%. As a result, imports attained the peak of $9.9M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 245 | 323 | 205 | 2,997 | 130.4% |
| Germany | 260 | 486 | 598 | 1,784 | 90.0% |
| France | 4,857 | 6,827 | 3,739 | 1,421 | -33.6% |
| Belgium | 275 | 564 | 655 | 573 | 27.7% |
| United Kingdom | 756 | 641 | 548 | 558 | -9.6% |
| Poland | 1.5 | 747 | 182 | 305 | 488.0% |
| China | 213 | 127 | 109 | 88.8 | -25.3% |
| Faroe Islands | 4.6 | N/A | 0.7 | 77.8 | 156.7% |
| Others | 403 | 187 | 401 | 538 | 10.1% |
| Total | 7,015 | 9,903 | 6,439 | 8,343 | 5.9% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Spain in 2022:
- Germany (325.4 tons)
- Italy (323.6 tons)
- France (219.6 tons)
- Poland (53.7 tons)
- United Kingdom (49.8 tons)
- Belgium (23.6 tons)
- Faroe Islands (18.9 tons)
- China (9.9 tons)
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