Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in the UK - 2023
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in the UK (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in the UK (FOB) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in the UK
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in the UK
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in the UK (CIF) - 2022
The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $2,781 per ton in 2022, with a decrease of -1.8% against the previous year. Over the period under review, the import price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 an increase of 66%. The import price peaked at $4,973 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($32,363 per ton), while the price for China stood at $2,373 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.5%), while the prices for the other major suppliers experienced a decline.
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in the UK (FOB) - 2022
The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $6,252 per ton in 2022, picking up by 15% against the previous year. Overall, the export price, however, saw a deep downturn. The most prominent rate of growth was recorded in 2019 an increase of 43% against the previous year. Over the period under review, the average export prices hit record highs at $15,305 per ton in 2013; however, from 2014 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 Germany ($19,771 per ton), while the average price for exports to Thailand ($1,496 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 Ukraine (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in the UK
In 2022, the amount of rubber; vulcanised, conveyor belts or belting, reinforced only with metals imported into the UK plummeted to 1.1K tons, with a decrease of -22% on the year before. Over the period under review, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals fell sharply to $3M in 2022. In general, imports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 5.1% against the previous year. As a result, imports reached the peak of $4.1M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.7 | 1.3 | 2.9 | 2.5 | -2.5% |
| Turkey | 0.1 | N/A | N/A | N/A | 0% |
| Others | 1.1 | 2.8 | 1.0 | 0.5 | -23.1% |
| Total | 3.9 | 4.1 | 4.0 | 3.0 | -8.4% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal to the UK in 2022:
- China (1063.5 tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in the UK
In 2022, approx. 176 tons of rubber; vulcanised, conveyor belts or belting, reinforced only with metals were exported from the UK; waning by -49.6% compared with the previous year's figure. Overall, exports faced a dramatic descent. The pace of growth appeared the most rapid in 2021 when exports increased by 142%.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals shrank remarkably to $1.1M in 2022. Over the period under review, exports recorded a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 52%.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 13.4 | 9.5 | 213 | 276 | 174.1% |
| United States | 303 | 112 | 980 | 142 | -22.3% |
| Netherlands | 7.2 | 3.0 | 17.1 | 78.8 | 122.0% |
| Belgium | 3.9 | 11.5 | 18.0 | 71.3 | 163.4% |
| Nigeria | 83.6 | 71.7 | N/A | 61.6 | -9.7% |
| Ukraine | 1.2 | N/A | N/A | 36.5 | 212.2% |
| Thailand | 197 | 1.9 | 1.3 | 32.6 | -45.1% |
| Poland | 2.1 | 2.1 | 47.0 | 28.3 | 138.0% |
| Australia | 25.9 | 20.3 | 27.1 | 14.3 | -18.0% |
| Senegal | N/A | N/A | 7.6 | 9.7 | 27.6% |
| China | 918 | 3.2 | 7.9 | 2.8 | -85.5% |
| Oman | 0.3 | 611 | N/A | N/A | 203566.7% |
| Turkey | 307 | 124 | N/A | N/A | -59.6% |
| Others | 939 | 279 | 580 | 346 | -28.3% |
| Total | 2,801 | 1,249 | 1,899 | 1,100 | -26.8% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal from the UK in 2022:
- Ireland (72.6 tons)
- United States (34.1 tons)
- Thailand (21.8 tons)
- Belgium (5.6 tons)
- Nigeria (5.5 tons)
- Netherlands (4.8 tons)
- Senegal (2.9 tons)
- Australia (2.8 tons)
- Poland (2.8 tons)
- Ukraine (2.6 tons)
- China (0.2 tons)
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