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

Contents:

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

Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Romania (CIF) - 2023

The average import price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips stood at $3,914 per ton in December 2023, with an increase of 3% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 8.8% against the previous month. Over the period under review, average import prices attained the peak figure at $3,999 per ton in February 2023; however, from March 2023 to December 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($14,997 per ton), while the price for Poland ($2,991 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 the Czech Republic (+12.5%), 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 Romania (FOB) - 2023

In December 2023, the average export price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips amounted to $2,814 per ton, falling by -14.6% against the previous month. Over the period under review, the export price showed a slight contraction. The growth pace was the most rapid in September 2023 when the average export price increased by 24% month-to-month. The export price peaked at $3,896 per ton in July 2023; however, from August 2023 to December 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was Germany ($5,316 per ton), while the average price for exports to Poland ($1,630 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 Italy (+3.1%), 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 Romania

In 2022, imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips into Romania soared to 86K tons, increasing by 15% against the year before. The total import volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips surged to $266M in 2022. The total import value increased at an average annual rate of +7.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached 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 Romania in 2022:

1. Germany (21.9K tons)
2. Poland (16.9K tons)
3. Slovakia (10.7K tons)
4. France (10.6K tons)
5. Italy (9.7K tons)
6. Hungary (6.0K tons)
7. Czech Republic (4.7K tons)

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

In 2022, exports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips from Romania contracted to 55K tons, stabilizing at the previous year's figure. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 7.1%.

In value terms, exports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips skyrocketed to $152M in 2022. The total export value increased at an average annual rate of +7.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Poland (25.0K tons)
2. Italy (13.3K tons)
3. Germany (6.8K tons)
4. Turkey (3.9K tons)
5. Hungary (2.9K tons)
6. Serbia (1.9K tons)

Source: IndexBox Market Intelligence Platform