Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Colombia - 2022

Contents:

1. Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Colombia (CIF) - 2022
2. Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Colombia (FOB) - 2022
3. Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Colombia
4. Exports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Colombia

Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Colombia (CIF) - 2022

In 2022, the average import price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips amounted to $3,668 per ton, increasing by 14% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Germany ($6,459 per ton), while the price for Spain ($1,567 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Colombia (FOB) - 2022

The average export price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips stood at $3,414 per ton in 2022, with an increase of 8.1% against the previous year. In general, the export price, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2020 an increase of 22% against the previous year. Over the period under review, the average export prices reached the maximum at $3,775 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mexico ($3,666 per ton) and Ecuador ($3,466 per ton), while the average price for exports to Bolivia ($2,660 per ton) and Panama ($3,300 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+3.6%), while the prices for the other major destinations experienced a decline.

Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Colombia

Imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips into Colombia rose modestly to 1.9K tons in 2022, surging by 3.6% against 2021 figures. Over the period under review, imports, however, showed a noticeable decline. The pace of growth was the most pronounced in 2021 when imports increased by 24%.

In value terms, imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips skyrocketed to $7M in 2022. Overall, imports, however, continue to indicate a mild contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year.

Top Suppliers of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip to Colombia in 2022:

1. Brazil (953.3 tons)
2. Mexico (363.6 tons)
3. China (235.1 tons)
4. United States (171.6 tons)
5. Spain (100.6 tons)
6. Germany (39.7 tons)

Exports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Colombia

Exports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips from Colombia surged to 486 tons in 2022, picking up by 51% compared with 2021. Over the period under review, exports continue to indicate a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips soared to $1.7M in 2022. Overall, exports recorded resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip from Colombia in 2022:

1. Ecuador (432.2 tons)
2. Bolivia (39.1 tons)
3. Mexico (10.9 tons)

Source: IndexBox Market Intelligence Platform