Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Belgium - 2023
Contents:
- Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Belgium (CIF) - 2022
- Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Belgium (FOB) - 2023
- Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Belgium
- Exports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Belgium
Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Belgium (CIF) - 2022
In 2022, the average import price for rubber; natural (excluding latex), in smoked sheetses amounted to $2,580 per ton, waning by -4.7% against the previous year. Over the period under review, the import price showed a pronounced contraction. The growth pace was the most rapid in 2017 an increase of 51% against the previous year. Over the period under review, average import prices attained the maximum at $3,759 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($2,596 per ton) and Thailand ($2,594 per ton), while the price for Cote d'Ivoire ($1,950 per ton) and Indonesia ($2,344 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-2.7%), while the prices for the other major suppliers experienced a decline.
Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Belgium (FOB) - 2023
In September 2023, the average export price for rubber; natural (excluding latex), in smoked sheetses amounted to $1,968 per ton, increasing by 10% against the previous month. Overall, the export price, however, saw a mild downturn. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 22% month-to-month. As a result, the export price reached the peak level of $2,925 per ton. From January 2023 to September 2023, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Luxembourg.
From October 2022 to September 2023, the rate of growth in terms of prices for Luxembourg amounted to -1.8% per month.
Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Belgium
In 2022, approx. 8.6K tons of rubber; natural (excluding latex), in smoked sheetses were imported into Belgium; with an increase of 24% on the previous year. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of rubber; natural (excluding latex), in smoked sheetses soared to $22M in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 102% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Import of Rubber; Natural (Excluding Latex), in Smoked Sheets in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 10.3 | 9.2 | 18.2 | 21.0 | 26.8% |
| United States | N/A | N/A | N/A | 0.4 | 0% |
| Cote d'Ivoire | N/A | N/A | 0.3 | 0.4 | 33.3% |
| Indonesia | 0.3 | 0.1 | 0.3 | 0.3 | 0.0% |
| Others | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Total | 10.7 | 9.3 | 18.8 | 22.2 | 27.5% |
Top Suppliers of Rubber; Natural (Excluding Latex), in Smoked Sheets to Belgium in 2022:
- Thailand (8.1K tons)
- United States (0.2K tons)
- Cote d'Ivoire (0.2K tons)
- Indonesia (0.1K tons)
Exports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Belgium
In 2022, the amount of rubber; natural (excluding latex), in smoked sheetses exported from Belgium reduced to 8.6K tons, waning by -7% against the previous year's figure. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +6.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 98% against the previous year. As a result, the exports attained the peak of 9.2K tons, and then shrank in the following year.
In value terms, exports of rubber; natural (excluding latex), in smoked sheetses dropped to $18M in 2022. In general, exports, however, posted a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 150% against the previous year. As a result, the exports reached the peak of $21M, and then dropped in the following year.
| Export of Rubber; Natural (Excluding Latex), in Smoked Sheets in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Luxembourg | 12.0 | 8.2 | 18.1 | 13.3 | 3.5% |
| Germany | N/A | N/A | 2.5 | 4.7 | 88.0% |
| Others | 0.3 | 0.2 | 0.4 | 0.4 | 10.1% |
| Total | 12.3 | 8.4 | 20.9 | 18.4 | 14.4% |
Top Export Markets for Rubber; Natural (Excluding Latex), in Smoked Sheets from Belgium in 2022:
- Luxembourg (6.0K tons)
- Germany (2.4K tons)
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