Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Finland - 2023

Contents:

  1. Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Finland (CIF) - 2022
  2. Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Finland (FOB) - 2022
  3. Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Finland
  4. Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Finland

Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Finland (CIF) - 2022

The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $8,087 per ton in 2022, increasing by 22% against the previous year. In general, the import price, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2014 an increase of 66% against the previous year. Over the period under review, average import prices hit record highs at $9,451 per ton in 2012; however, from 2013 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 China ($26,596 per ton), while the price for Poland ($5,129 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Finland (FOB) - 2022

The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $20,870 per ton in 2022, picking up by 121% against the previous year. Overall, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kenya ($213,923 per ton), while the average price for exports to Thailand ($6,069 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 Italy (+2,655.7%), 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 Finland

In 2022, overseas purchases of rubber; vulcanised, conveyor belts or belting, reinforced only with metals increased by 221% to 171 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals surged to $1.4M in 2022. Overall, imports enjoyed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany232174N/A72346.1%
PolandN/A11711934571.7%
SwedenN/A375125282-13.3%
France8.176.283.719.233.3%
China4482662.111.9-70.2%
Others1222.423.63.1-70.6%
Total8101,0113531,38419.6%

Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal to Finland in 2022:

  1. Germany (82.3 tons)
  2. Poland (67.3 tons)
  3. Sweden (18.4 tons)
  4. France (2.6 tons)
  5. China (0.4 tons)

Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Finland

In 2022, approx. 826 kg of rubber; vulcanised, conveyor belts or belting, reinforced only with metals were exported from Finland; dropping by -15.3% compared with the previous year's figure. Over the period under review, exports faced a significant contraction.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals surged to $17K in 2022. In general, exports faced a significant decline.

Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/AN/AN/A7.60%
RussiaN/A10.33.63.5-41.7%
KenyaN/AN/AN/A2.80%
United StatesN/AN/A5.11.7-66.7%
ThailandN/AN/AN/A1.00%
Belgium47.512.3N/AN/A-74.1%
Germany123N/AN/AN/A0%
Sweden81.296.2N/AN/A18.5%
Austria30.0N/AN/AN/A0%
Netherlands119N/AN/AN/A0%
Others2791.10.50.7-86.4%
Total6801209.217.2-70.6%

Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal from Finland in 2022:

  1. France (298.0 kg)
  2. Russia (202.0 kg)
  3. Thailand (160.0 kg)
  4. United States (137.0 kg)
  5. Kenya (13.0 kg)

Source: IndexBox Market Intelligence Platform

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