Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Denmark - 2023
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Denmark (CIF) - 2022
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Denmark (FOB) - 2022
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Denmark
- Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Denmark
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Denmark (CIF) - 2022
In 2022, the average import price for rubber amounted to $4,230 per ton, declining by -25.6% against the previous year. Overall, the import price recorded a abrupt slump. The pace of growth appeared the most rapid in 2017 when the average import price increased by 24% against the previous year. Over the period under review, average import prices reached the peak figure at $15,853 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($19,005 per ton), while the price for Poland ($2,368 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Denmark (FOB) - 2022
In 2022, the average export price for rubber amounted to $12,383 per ton, rising by 58% against the previous year. Over the period under review, the export price recorded a moderate increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
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 Estonia ($17,790 per ton), while the average price for exports to South Africa ($1,617 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 Estonia (+23.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Denmark
In 2022, imports of rubber into Denmark expanded sharply to 1.5K tons, picking up by 15% compared with the year before. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 83%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of rubber contracted to $6.5M in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 105%. As a result, imports reached the peak of $7.6M, and then contracted in the following year.
| Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,557 | 1,484 | 3,946 | 2,972 | 24.0% |
| China | 124 | 113 | 155 | 816 | 87.4% |
| Poland | 569 | 565 | 764 | 734 | 8.9% |
| Belgium | 240 | 589 | 706 | 615 | 36.8% |
| Sweden | 277 | 235 | 1,336 | 223 | -7.0% |
| Italy | 223 | 119 | 208 | 195 | -4.4% |
| Others | 457 | 590 | 465 | 927 | 26.6% |
| Total | 3,447 | 3,693 | 7,580 | 6,481 | 23.4% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Denmark in 2022:
- Germany (1023.2 tons)
- Poland (309.8 tons)
- China (61.3 tons)
- Belgium (38.3 tons)
- Italy (37.1 tons)
- Sweden (9.1 tons)
Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Denmark
In 2022, after three years of growth, there was significant decline in overseas shipments of rubber, when their volume decreased by -31.1% to 394 tons. Over the period under review, total exports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +3.7% over the last three years. 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 60% against the previous year.
In value terms, exports of rubber rose notably to $4.9M in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 68%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 502 | 377 | 895 | 1,600 | 47.2% |
| Norway | 558 | 399 | 574 | 433 | -8.1% |
| Estonia | 0.4 | 143 | 218 | 204 | 699.0% |
| Austria | 108 | 729 | 145 | 180 | 18.6% |
| United States | 132 | 63.7 | 105 | 88.8 | -12.4% |
| Faroe Islands | 19.8 | 26.3 | 29.7 | 77.8 | 57.8% |
| Spain | 26.2 | 92.7 | 116 | 76.2 | 42.7% |
| Romania | 8.9 | 10.7 | 24.9 | 58.5 | 87.3% |
| Greenland | 25.5 | 34.9 | 31.1 | 44.5 | 20.4% |
| Canada | 52.1 | 48.8 | 20.2 | 25.8 | -20.9% |
| Russia | 119 | 16.7 | 15.2 | 22.9 | -42.3% |
| South Africa | 2.5 | 0.5 | 1.9 | 17.4 | 90.9% |
| Iceland | 24.1 | 7.3 | 45.4 | 10.9 | -23.2% |
| Others | 735 | 1,945 | 2,258 | 2,039 | 40.5% |
| Total | 2,315 | 3,895 | 4,478 | 4,880 | 28.2% |
Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from Denmark in 2022:
- Norway (138.6 tons)
- Germany (90.7 tons)
- Greenland (21.1 tons)
- United States (20.6 tons)
- Faroe Islands (19.6 tons)
- Austria (16.4 tons)
- Spain (12.2 tons)
- Estonia (11.4 tons)
- South Africa (10.8 tons)
- Romania (9.3 tons)
- Canada (7.1 tons)
- Russia (7.1 tons)
- Iceland (6.4 tons)
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