Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Azerbaijan - 2023
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Azerbaijan (CIF) - 2022
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Azerbaijan (FOB) - 2022
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Azerbaijan
- Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Azerbaijan
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Azerbaijan (CIF) - 2022
In 2022, the average import price for rubber amounted to $5,314 per ton, growing by 9% against the previous year. In general, the import price continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2014 an increase of 682% against the previous year. Over the period under review, average import prices reached the maximum at $12,022 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($22,728 per ton), while the price for Iran ($2,186 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 Arab Emirates (+29.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Azerbaijan (FOB) - 2022
In 2022, the average export price for rubber amounted to $56,822 per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price saw a significant increase. The pace of growth appeared the most rapid in 2021 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($214,500 per ton), while the average price for exports to Georgia totaled $7,895 per ton.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+13.3%).
Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Azerbaijan
In 2022, after three years of growth, there was significant decline in overseas purchases of rubber, when their volume decreased by -9.9% to 74 tons. Overall, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 99%. As a result, imports reached the peak of 82 tons, and then dropped in the following year.
In value terms, imports of rubber contracted modestly to $392K in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 76%.
| Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 33.3 | 121 | 294 | 358 | 120.7% |
| China | 30.8 | 4.2 | 6.9 | 4.0 | -49.4% |
| United Arab Emirates | 18.4 | 5.1 | 11.5 | N/A | -20.9% |
| Others | 55.0 | 112 | 86.6 | 30.8 | -17.6% |
| Total | 138 | 242 | 399 | 392 | 41.6% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Azerbaijan in 2022:
- Turkey (71.2 tons)
- China (1.2 tons)
Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Azerbaijan
Exports of rubber from Azerbaijan amounted to 25 kg in 2022, approximately equating the previous year. Over the period under review, exports saw significant growth. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, exports of rubber stood at $1.4K in 2022. Overall, exports enjoyed a significant expansion. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Azerbaijan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United Kingdom | N/A | N/A | 1,287 | 0% | |
| Georgia | 85.0 | N/A | 150 | 32.8% | |
| Austria | 65.0 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 150 | N/A | 1,437 | 209.5% | |
Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from Azerbaijan in 2022:
- Georgia (19.0 kg)
- United Kingdom (6.0 kg)
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