Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Algeria - 2022
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Algeria (CIF) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Algeria
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Algeria (CIF) - 2022
The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $8,215 per ton in 2022, with an increase of 3% against the previous year. Overall, the import price continues to indicate buoyant growth. The pace of growth was the most pronounced in 2018 when the average import price increased by 32%. The import price peaked at $8,362 per ton in 2020; however, from 2021 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 Italy ($20,360 per ton), while the price for China ($1,707 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Algeria
In 2022, purchases abroad of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses decreased by -23.8% to 2.5K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +4.9% 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 increased by +15.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 45%. As a result, imports attained the peak of 3.2K tons, and then contracted sharply in the following year.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses contracted rapidly to $20M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +10.5% 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 increased by +35.1% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 38%. As a result, imports attained the peak of $26M, and then reduced rapidly in the following year.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 10.0 | 10.4 | 17.6 | 12.0 | 6.3% |
| Japan | 1.5 | 2.7 | 3.1 | 3.0 | 26.0% |
| Turkey | 1.7 | 3.1 | 1.6 | 2.1 | 7.3% |
| France | 0.1 | 0.1 | 0.4 | 0.9 | 108.0% |
| China | 0.7 | 0.8 | 0.6 | 0.5 | -10.6% |
| Poland | 0.2 | 0.3 | 0.4 | 0.4 | 26.0% |
| Spain | 0.3 | 0.4 | 1.0 | 0.4 | 10.1% |
| Romania | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| Others | 0.3 | 0.6 | 0.7 | 0.8 | 38.7% |
| Total | 14.9 | 18.6 | 25.7 | 20.2 | 10.7% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials to Algeria in 2022:
- Turkey (601.7 tons)
- Italy (591.1 tons)
- Japan (379.5 tons)
- China (289.5 tons)
- France (131.6 tons)
- Poland (120.5 tons)
- Romania (100.6 tons)
- Spain (89.4 tons)
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