Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Portugal - 2023
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Portugal (CIF) - 2023
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Portugal (FOB) - 2023
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Portugal
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Portugal
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Portugal (CIF) - 2023
The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $8,210 per ton in November 2023, which is down by -34.9% against the previous month. Overall, the import price saw a abrupt descent. The pace of growth was the most pronounced in July 2023 an increase of 247% against the previous month. As a result, import price attained the peak level of $34,411 per ton. From August 2023 to November 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($16,470 per ton), while the price for France ($740 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 Italy (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Portugal (FOB) - 2023
The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $4,153 per ton in November 2023, jumping by 27% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 728% against the previous month. The export price peaked at $75,667 per ton in August 2023; however, from September 2023 to November 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Algeria.
From November 2022 to November 2023, the rate of growth in terms of prices for Algeria amounted to -28.0% per month.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Portugal
In 2022, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals into Portugal fell modestly to 70 tons, waning by -3.8% on the previous year. In general, imports faced a significant decrease.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals fell to $933K in 2022. Over the period under review, imports saw a deep setback.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,082 | 1,020 | 736 | 560 | -19.7% |
| France | 326 | 98.4 | 87.5 | 119 | -28.5% |
| South Africa | N/A | N/A | N/A | 112 | 0% |
| Italy | 235 | 18.5 | 108 | 73.9 | -32.0% |
| Germany | 79.4 | 167 | 100 | 65.5 | -6.2% |
| Netherlands | 59.1 | 10.1 | 16.6 | 0.9 | -75.2% |
| Others | 4.6 | 5.4 | 4.7 | 2.1 | -23.0% |
| Total | 1,786 | 1,319 | 1,054 | 933 | -19.5% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal to Portugal in 2022:
- Spain (24.6 tons)
- France (20.0 tons)
- South Africa (17.4 tons)
- Italy (7.3 tons)
- Germany (0.7 tons)
- Netherlands (0.1 tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Portugal
In 2022, after three years of growth, there was significant decline in overseas shipments of rubber; vulcanised, conveyor belts or belting, reinforced only with metals, when their volume decreased by -88.3% to 8.1 tons. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 945% against the previous year. As a result, the exports attained the peak of 70 tons, and then shrank dramatically in the following year.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals shrank rapidly to $105K in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 586%. As a result, the exports attained the peak of $360K, and then fell sharply in the following year.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 10.2 | 25.3 | 14.9 | 73.7 | 93.3% |
| Germany | 0.1 | N/A | N/A | 13.3 | 410.4% |
| United States | 0.7 | 0.1 | 13.6 | 5.7 | 101.2% |
| Cabo Verde | 6.0 | 12.3 | 11.4 | 4.3 | -10.5% |
| Spain | 0.1 | 1.2 | 300 | 0.2 | 26.0% |
| Kenya | N/A | 13.5 | N/A | N/A | 0% |
| Others | 6.9 | 0.1 | 19.7 | 7.4 | 2.4% |
| Total | 24.1 | 52.4 | 360 | 105 | 63.3% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal from Portugal in 2022:
- Angola (6.9 tons)
- Germany (0.7 tons)
- Cabo Verde (0.3 tons)
- United States (0.2 tons)
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