Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Estonia - 2023

Contents:

  1. Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Estonia (CIF) - 2022
  2. Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Estonia (FOB) - 2022
  3. Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Estonia
  4. Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Estonia

Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Estonia (CIF) - 2022

In 2022, the average import price for rubber amounted to $7,227 per ton, falling by -59.1% against the previous year. In general, the import price showed a pronounced curtailment. The pace of growth appeared the most rapid in 2018 an increase of 80% against the previous year. As a result, import price reached the peak level of $24,604 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

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 United States ($114,947 per ton), while the price for Italy ($6,698 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 (+29.1%), 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 Estonia (FOB) - 2022

The average export price for rubber stood at $14,308 per ton in 2022, with a decrease of -1.7% against the previous year. Over the period under review, the export price, however, saw slight growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 112% against the previous year. As a result, the export price reached the peak level of $40,545 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($192,452 per ton), while the average price for exports to Russia ($9,627 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 Norway (+29.2%), 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 Estonia

In 2022, imports of rubber into Estonia skyrocketed to 36 tons, increasing by 301% compared with 2021 figures. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of rubber surged to $259K in 2022. Overall, imports saw a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden12778.370.21475.0%
Germany12.713.111.588.591.0%
Italy1.62.11.16.156.2%
Poland7.52.92.15.2-11.5%
Finland8.11.525.10.9-51.9%
Belgium9.44.06.40.6-60.0%
China3.5N/A27.70.4-51.5%
Others6.010.013.910.821.6%
Total17611215825913.7%

Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Estonia in 2022:

  1. Sweden (15.6 tons)
  2. Germany (8.5 tons)
  3. Italy (0.9 tons)
  4. Poland (0.4 tons)
  5. Finland (0.1 tons)

Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Estonia

Exports of rubber from Estonia skyrocketed to 1.3 tons in 2022, rising by 675% compared with 2021. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of rubber soared to $18K in 2022. Overall, exports posted a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia4.01.4N/A8.227.0%
Norway1.52.20.86.058.7%
Finland0.10.10.43.4224.0%
Latvia0.61.10.50.60.0%
Lithuania0.80.20.4N/A-29.3%
Canada4.1N/AN/AN/A0%
OthersN/A0.20.3N/A50.0%
Total11.25.22.418.317.8%

Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from Estonia in 2022:

  1. Russia (852.0 kg)
  2. Finland (227.0 kg)
  3. Latvia (35.0 kg)
  4. Norway (31.0 kg)
  5. Lithuania (2.0 kg)

Source: IndexBox Market Intelligence Platform

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