Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Denmark - 2023

Contents:

  1. Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Denmark (CIF) - 2022
  2. Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Denmark (FOB) - 2023
  3. Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Denmark
  4. Exports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Denmark

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

The average import price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips stood at $5,265 per ton in 2022, almost unchanged from the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 23% against the previous year. As a result, import price reached the peak level of $5,833 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($11,943 per ton), while the price for Belgium ($4,149 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.5%), 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 Denmark (FOB) - 2023

The average export price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips stood at $7,709 per ton in December 2023, which is down by -17.2% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 44% against the previous month. As a result, the export price reached the peak level of $9,534 per ton. From June 2023 to December 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($15,126 per ton), while the average price for exports to France ($1,187 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips, when their volume decreased by -18% to 2.7K tons. The total import volume increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 26%. As a result, imports reached the peak of 3.3K tons, and then reduced dramatically in the following year.

In value terms, imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips shrank dramatically to $14M in 2022. The total import value increased at an average annual rate of +6.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of $17M, and then reduced dramatically in the following year.

Import of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.03.96.28.026.0%
Belgium2.53.84.02.1-5.6%
United Kingdom0.80.71.21.07.7%
France0.61.01.40.810.1%
Sweden0.81.11.20.80.0%
Netherlands0.20.20.20.535.7%
GreeceN/AN/AN/A0.50%
Poland1.92.62.60.2-52.8%
Others0.90.50.50.5-17.8%
Total11.713.817.314.47.2%

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

  1. Germany (1557.6 tons)
  2. Belgium (507.4 tons)
  3. United Kingdom (156.0 tons)
  4. France (143.1 tons)
  5. Sweden (86.9 tons)
  6. Greece (75.3 tons)
  7. Netherlands (73.3 tons)
  8. Poland (15.9 tons)

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

After three years of growth, overseas shipments of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips decreased by -10.5% to 1.1K tons in 2022. Over the period under review, exports showed a slight shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 7.6% against the previous year. As a result, the exports reached the peak of 1.2K tons, and then shrank in the following year.

In value terms, exports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips dropped dramatically to $7.3M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 33% against the previous year.

Export of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,8752,0063,3452,59511.4%
Sweden1,1642,3681,1261,116-1.4%
France42.3264789522131.1%
Germany901995761482-18.8%
Norway597589513394-12.9%
Netherlands14521019738338.2%
Finland21135340438021.7%
Spain18319236133522.3%
Poland331404566314-1.7%
North MacedoniaN/AN/A18728250.8%
United Kingdom40.860.486.814853.7%
Belgium89.274.729275.5-5.4%
Others433507701253-16.4%
Total6,0128,0239,3297,2796.6%

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

  1. China (317.3 tons)
  2. Spain (128.7 tons)
  3. Sweden (101.1 tons)
  4. Norway (90.3 tons)
  5. Poland (82.4 tons)
  6. Finland (75.0 tons)
  7. Netherlands (36.9 tons)
  8. Germany (36.5 tons)
  9. France (32.9 tons)
  10. United Kingdom (27.2 tons)
  11. Belgium (19.9 tons)
  12. North Macedonia (17.8 tons)

Source: IndexBox Market Intelligence Platform

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