Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Serbia - 2024

Contents:

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

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

The average export price for rubber stood at $5,988 per ton in 2022, picking up by 115% against the previous year. In general, the export price, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 170%. Over the period under review, the average export prices attained the peak figure at $9,655 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($6,041 per ton), while the average price for exports to Bosnia and Herzegovina ($1,106 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 Russia (+1.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for rubber amounted to $3,769 per ton, picking up by 3.9% against the previous year. Overall, the import price, however, recorded a pronounced decline. The pace of growth appeared the most rapid in 2020 an increase of 46%. The import price peaked at $5,012 per ton in 2012; however, from 2013 to 2022, 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 UK ($9,560 per ton), while the price for Italy ($1,331 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (-0.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of rubber exported from Serbia skyrocketed to 589 tons, picking up by 8,474% on the year before. Overall, exports saw 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 surged to $3.5M in 2022. Over the period under review, exports enjoyed a significant 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 Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A3.50%
OthersN/AN/AN/AN/A0%
TotalN/AN/AN/A3.50%

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

  1. Russia (579.2 tons)

Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Serbia

In 2022, overseas purchases of rubber decreased by -35.2% to 178 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated perceptible growth from 2019 to 2022: its volume increased at an average annual rate of +4.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. As a result, imports attained the peak of 275 tons, and then dropped sharply in the following year.

In value terms, imports of rubber dropped rapidly to $672K in 2022. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 88%.

Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom23.6295513309135.7%
Austria66.651.311912222.4%
Czech Republic138177234105-8.7%
Italy36.661.929.835.0-1.5%
Turkey0.88.622.35.084.2%
Others10396.779.495.8-2.4%
Total36869099767222.2%

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

  1. Czech Republic (34.6 tons)
  2. Austria (32.4 tons)
  3. United Kingdom (32.3 tons)
  4. Italy (26.3 tons)
  5. Turkey (1.3 tons)

Source: IndexBox Market Intelligence Platform

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