Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Romania - 2023
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Romania (CIF) - 2023
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Romania (FOB) - 2022
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Romania
- Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Romania
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Romania (CIF) - 2023
The average import price for rubber stood at $4,303 per ton in December 2023, with an increase of 2% against the previous month. Over the period under review, the import price, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in August 2023 an increase of 12% month-to-month. The import price peaked at $5,884 per ton in December 2022; however, from January 2023 to December 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Italy ($4,971 per ton), while the price for Ukraine ($2,491 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Turkey (+0.0%), while the prices for the other major suppliers experienced a decline.
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Romania (FOB) - 2022
In 2022, the average export price for rubber amounted to $7,964 per ton, with a decrease of -3.9% against the previous year. Over the period under review, the export price, however, posted a tangible expansion. The pace of growth was the most pronounced in 2015 an increase of 316%. Over the period under review, the average export prices hit record highs at $22,460 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($28,930 per ton), while the average price for exports to Bosnia and Herzegovina ($3,517 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 Serbia (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Romania
After two years of decline, overseas purchases of rubber increased by 117% to 1.2K tons in 2022. Over the period under review, imports saw strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of rubber surged to $6.4M in 2022. In general, imports, however, recorded a abrupt slump.
| Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 828 | 706 | 1,209 | 3,151 | 56.1% |
| Italy | 3,316 | 942 | 779 | 915 | -34.9% |
| Turkey | 682 | 906 | 554 | 622 | -3.0% |
| Bulgaria | 152 | 324 | 57.2 | 335 | 30.1% |
| France | 1,940 | 1,638 | 164 | 202 | -53.0% |
| Spain | 1.3 | 26.3 | 15.5 | 158 | 395.3% |
| Poland | 219 | 151 | 249 | 146 | -12.6% |
| Greece | 58.7 | 158 | 91.5 | 7.8 | -49.0% |
| Others | 1,173 | 943 | 982 | 828 | -11.0% |
| Total | 8,369 | 5,795 | 4,102 | 6,366 | -8.7% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Romania in 2022:
- Germany (652.2 tons)
- Turkey (162.3 tons)
- Bulgaria (103.6 tons)
- Italy (85.9 tons)
- France (42.2 tons)
- Spain (41.0 tons)
- Poland (37.5 tons)
- Greece (6.2 tons)
Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Romania
In 2022, shipments abroad of rubber was finally on the rise to reach 97 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a deep contraction.
In value terms, exports of rubber totaled $776K in 2022. Overall, exports, however, saw a precipitous descent.
| Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 108 | 138 | 229 | 193 | 21.4% |
| Germany | 404 | 167 | 72.9 | 85.0 | -40.5% |
| Hungary | 827 | 252 | 84.2 | 84.1 | -53.3% |
| Norway | 33.7 | 71.2 | 23.2 | 74.8 | 30.4% |
| Saudi Arabia | 67.5 | 66.2 | 26.0 | 53.2 | -7.6% |
| United Kingdom | N/A | N/A | 71.7 | 48.6 | -32.2% |
| United Arab Emirates | 5.5 | 24.8 | 98.6 | 41.7 | 96.5% |
| Spain | 49.7 | 20.5 | 2.0 | 26.8 | -18.6% |
| Croatia | 11.7 | 9.5 | 7.2 | 24.4 | 27.8% |
| Turkey | 12.1 | 7.5 | 9.0 | 20.2 | 18.6% |
| Serbia | 17.4 | 7.8 | 1.2 | 15.4 | -4.0% |
| Bosnia and Herzegovina | 10.8 | N/A | 1.3 | 8.9 | -6.2% |
| Switzerland | 1.8 | 13.4 | 4.8 | 6.9 | 56.5% |
| Others | 442 | 249 | 97.2 | 92.1 | -40.7% |
| Total | 1,991 | 1,026 | 728 | 776 | -27.0% |
Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from Romania in 2022:
- Norway (16.8 tons)
- France (16.4 tons)
- United Kingdom (13.0 tons)
- Saudi Arabia (10.1 tons)
- United Arab Emirates (7.2 tons)
- Turkey (4.5 tons)
- Hungary (4.1 tons)
- Spain (3.3 tons)
- Germany (2.9 tons)
- Croatia (2.8 tons)
- Serbia (2.5 tons)
- Bosnia and Herzegovina (2.5 tons)
- Switzerland (1.7 tons)
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