Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Ethiopia - 2022
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Ethiopia (CIF) - 2022
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Ethiopia
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Ethiopia (CIF) - 2022
The average import price for rubber stood at $3,104 per ton in 2022, growing by 8.3% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2019 an increase of 106% against the previous year. Over the period under review, average import prices attained the maximum at $7,714 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($3,373 per ton), while the price for Vietnam totaled $3,080 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Ethiopia
In 2022, after three years of growth, there was significant decline in purchases abroad of rubber, when their volume decreased by -43.9% to 56 tons. Overall, imports, however, recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 221% against the previous year.
In value terms, imports of rubber dropped notably to $172K in 2022. In general, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 98%.
| Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 38.0 | 57.4 | 166 | 169 | 64.5% |
| China | 11.5 | 11.4 | 7.8 | 0.5 | -64.8% |
| United Arab Emirates | 0.3 | 0.3 | 11.2 | 0.3 | 0.0% |
| Thailand | 9.3 | 16.9 | 23.4 | N/A | 58.6% |
| India | 11.8 | 18.1 | 21.0 | N/A | 33.4% |
| Others | 5.2 | 46.9 | 55.2 | 2.7 | -19.6% |
| Total | 76.1 | 151 | 284 | 172 | 31.2% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Ethiopia in 2022:
- Vietnam (54.9 tons)
- United Arab Emirates (0.2 tons)
- China (0.2 tons)
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