Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Russia - 2022

Contents:

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

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

The average import price for rubber stood at $6,486 per ton in 2022, reducing by -42% against the previous year. In general, the import price continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2017 when the average import price increased by 81%. Over the period under review, average import prices reached the peak figure at $15,175 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 China ($17,844 per ton), while the price for Belgium ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+11.0%), 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 Russia (FOB) - 2022

In 2022, the average export price for rubber amounted to $3,584 per ton, with an increase of 7.4% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 207% against the previous year. As a result, the export price attained the peak level of $11,937 per ton. From 2014 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 Lithuania ($8,619 per ton), while the average price for exports to Myanmar ($702 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 Lithuania (+6.9%), 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 Russia

In 2022, the amount of rubber imported into Russia surged to 792 tons, jumping by 306% compared with 2021 figures. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of rubber soared to $5.1M in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained 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 Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SerbiaN/AN/AN/A3,5000%
Germany35131163254816.0%
Poland697548527138-41.7%
Denmark11964.173.998.1-6.2%
Czech Republic56.947.045.091.817.3%
Turkey25011674.875.1-33.0%
ThailandN/AN/AN/A63.60%
IndiaN/AN/A0.148.748600.0%
Slovakia4.611745.013.041.4%
Others1,066833786561-19.3%
Total2,5452,0352,1835,13626.4%

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

  1. Serbia (607.2 tons)
  2. Germany (71.4 tons)
  3. India (17.3 tons)
  4. Turkey (13.9 tons)
  5. Thailand (13.1 tons)
  6. Poland (12.7 tons)
  7. Czech Republic (10.7 tons)
  8. Denmark (8.6 tons)
  9. Slovakia (2.1 tons)

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

For the third year in a row, Russia recorded decline in shipments abroad of rubber, which decreased by -23.8% to 121 tons in 2022. In general, exports showed a precipitous curtailment. The smallest decline of -7.5% was in 2021.

In value terms, exports of rubber reduced sharply to $434K in 2022. Overall, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 0.5%. As a result, the exports reached the peak of $628K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan12117215024827.0%
SwitzerlandN/A0.511.077.71146.6%
Japan28.641.022.424.4-5.2%
MyanmarN/AN/AN/A19.70%
Kyrgyzstan1.34.6N/A15.9130.4%
TurkeyN/AN/AN/A4.80%
Lithuania85.536.09.41.9-71.9%
South KoreaN/A79.290.21.5-86.2%
Belarus243146149N/A-21.7%
Others14614898.040.7-34.7%
Total625628530434-11.4%

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

  1. Kazakhstan (38.0 tons)
  2. Switzerland (29.2 tons)
  3. Myanmar (28.1 tons)
  4. Turkey (6.0 tons)
  5. Japan (5.8 tons)
  6. Kyrgyzstan (4.0 tons)
  7. South Korea (1.2 tons)
  8. Lithuania (0.2 tons)

Source: IndexBox Market Intelligence Platform

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