Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Norway - 2024

Contents:

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

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

The average import price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips stood at $5,043 per ton in 2022, with an increase of 10% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 21%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($18,585 per ton), while the price for Italy ($2,635 per ton) was amongst the lowest.

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

In 2022, the average export price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips amounted to $19,966 per ton, picking up by 8.8% against the previous year. In general, the export price, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2019 when the average export price increased by 112%. The export price peaked at $27,694 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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 Poland ($45,065 per ton), while the average price for exports to Angola ($9,661 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 Germany (+15.6%), 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 Norway

In 2022, supplies from abroad of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips was finally on the rise to reach 2.6K tons after two years of decline. Over the period under review, imports, however, recorded a pronounced slump.

In value terms, imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips soared to $13M in 2022. The total import value increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. France (688.5 tons)
2. Netherlands (661.5 tons)
3. Germany (439.3 tons)
4. Sweden (294.2 tons)
5. Italy (128.9 tons)
6. Denmark (114.3 tons)
7. United Kingdom (57.5 tons)

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

In 2022, shipments abroad of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips decreased by -16.6% to 113 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 26%. As a result, the exports attained the peak of 140 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips dropped to $2.3M in 2022. The total export value increased at an average annual rate of +7.1% over the period 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 with an increase of 31% against the previous year. As a result, the exports attained the peak of $2.5M, and then reduced in the following year.

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

1. Sweden (46.4 tons)
2. Finland (21.3 tons)
3. Germany (11.7 tons)
4. China (10.7 tons)
5. United States (6.7 tons)
6. Angola (6.2 tons)
7. Denmark (5.2 tons)
8. United Kingdom (2.3 tons)

Source: IndexBox Market Intelligence Platform