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

Contents:

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

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

In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $5,076 per ton, remaining constant against the previous year. In general, the import price continues to indicate a perceptible descent. The growth pace was the most rapid in 2020 when the average import price increased by 20%. Over the period under review, average import prices hit record highs at $7,297 per ton in 2014; however, from 2015 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 Italy ($11,564 per ton), while the price for China ($3,079 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.9%), 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 Morocco (FOB) - 2022

The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $16,276 per ton in 2022, picking up by 312% against the previous year. Overall, the export price continues to indicate a prominent expansion. The export price peaked at $18,651 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Mauritania.

From 2012 to 2022, the rate of growth in terms of prices for Senegal amounted to +18.3% per year.

Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Morocco

In 2022, the amount of rubber; vulcanised, conveyor belts or belting, reinforced only with metals imported into Morocco skyrocketed to 712 tons, picking up by 69% compared with the year before. In general, imports, however, saw a abrupt shrinkage.

In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals surged to $3.6M in 2022. Overall, imports, however, showed a drastic downturn.

Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1353534812,661170.1%
Spain10935.06.532543.9%
Turkey1.62.06.0226420.8%
China10.417.78.7107117.5%
France22879.265.287.0-27.5%
Germany3,4021,3261,28385.1-70.8%
Japan14552.547.2N/A-42.9%
Greece679242214N/A-43.9%
Others21391.946.0123-16.7%
Total4,9232,1992,1573,614-9.8%

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

  1. Poland (557.4 tons)
  2. Spain (51.8 tons)
  3. China (34.8 tons)
  4. Turkey (28.6 tons)
  5. Germany (15.1 tons)
  6. France (14.5 tons)

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

In 2022, overseas shipments of rubber; vulcanised, conveyor belts or belting, reinforced only with metals decreased by -96.4% to 29 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a significant decline. The most prominent rate of growth was recorded in 2020 with an increase of 116% against the previous year. As a result, the exports reached the peak of 3.2 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals dropped dramatically to $472 in 2022. Overall, exports showed a sharp curtailment. The smallest decline of -44.2% was in 2020.

Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mauritania0.11.80.30.571.0%
France3.19.51.6N/A-28.2%
Senegal24.0N/A1.3N/A-76.7%
Others0.64.2N/AN/A600.0%
Total27.815.53.20.5-73.8%

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

  1. Mauritania (29.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Rubber; vulcanised, conveyor belts or belting, reinforced only with metal - Morocco