Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Ecuador - 2022
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Ecuador (CIF) - 2022
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Ecuador (FOB) - 2022
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Ecuador
- Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Ecuador
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Ecuador (CIF) - 2022
The average import price for rubber stood at $7,905 per ton in 2022, dropping by -6.2% against the previous year. In general, the import price, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2014 an increase of 123% against the previous year. The import price peaked at $9,151 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($27,077 per ton), while the price for Mexico ($5,281 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.4%), 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 Ecuador (FOB) - 2022
The average export price for rubber stood at $7,444 per ton in 2022, shrinking by -22.2% against the previous year. Over the period under review, the export price recorded a abrupt decline. The growth pace was the most rapid in 2017 an increase of 94% against the previous year. The export price peaked at $43,439 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Norway.
From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to +4.5% per year.
Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Ecuador
In 2022, imports of rubber into Ecuador expanded notably to 36 tons, with an increase of 13% on the previous year's figure. The total import volume increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 18%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of rubber stood at $287K in 2022. The total import value increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.5 | 7.5 | 6.0 | 94.7 | 96.4% |
| Germany | 0.1 | 0.1 | 0.1 | 59.1 | 739.2% |
| Colombia | 4.2 | 4.9 | 6.2 | 31.8 | 96.4% |
| United States | 9.2 | 5.7 | 9.2 | 30.0 | 48.3% |
| Brazil | 5.0 | 4.3 | 3.9 | 29.0 | 79.7% |
| Turkey | 159 | 171 | 232 | 23.6 | -47.1% |
| Mexico | 5.1 | 2.7 | 3.9 | 9.1 | 21.3% |
| South Africa | 1.9 | 2.1 | 3.0 | N/A | 25.7% |
| Others | 18.2 | 8.1 | 6.4 | 9.3 | -20.1% |
| Total | 216 | 206 | 270 | 287 | 9.9% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Ecuador in 2022:
- China (17.6 tons)
- Germany (5.2 tons)
- Colombia (4.7 tons)
- Brazil (2.4 tons)
- United States (1.8 tons)
- Turkey (1.7 tons)
- Mexico (1.7 tons)
Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Ecuador
In 2022, overseas shipments of rubber increased by 29% to 9 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a precipitous setback.
In value terms, exports of rubber amounted to $67 in 2022. Over the period under review, exports, however, saw a precipitous slump. The smallest decline of -40.7% was in 2021.
| Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 0.2 | N/A | N/A | N/A | 0% |
| Dominican Republic | 3.2 | N/A | N/A | N/A | 0% |
| Peru | 2.8 | N/A | N/A | N/A | 0% |
| Mexico | 8.0 | 0.1 | N/A | N/A | -98.8% |
| Colombia | 2.2 | N/A | N/A | N/A | 0% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 16.5 | 0.1 | 0.1 | 0.1 | -81.8% |
Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from Ecuador in 2022:
- Norway (12.0 kg)
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