Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Austria - 2023

Contents:

1. Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Austria (FOB) - 2023
2. Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Austria (CIF) - 2022
3. Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Austria
4. Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Austria

Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Austria (FOB) - 2023

The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $13,926 per ton in November 2023, picking up by 11% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.1%. The pace of growth appeared the most rapid in July 2023 an increase of 26% m-o-m. As a result, the export price attained the peak level of $15,735 per ton. From August 2023 to November 2023, the the average export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In November 2023, the countries with the highest prices were the Netherlands ($14,755 per ton) and Germany ($14,649 per ton), while the average price for exports to Denmark ($11,561 per ton) and Spain ($12,756 per ton) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Austria (CIF) - 2022

In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $11,307 per ton, increasing by 27% against the previous year. Overall, the import price, however, saw a noticeable decrease. The pace of growth was the most pronounced in 2019 when the average import price increased by 32%. The import price peaked at $16,288 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Switzerland ($191,000 per ton), while the price for China ($1,864 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+31.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Austria

Exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals from Austria stood at 1.9K tons in 2022, with an increase of 15% compared with 2021. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -6.1% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 87% against the previous year. As a result, the exports attained the peak of 2.1K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals shrank to $16M in 2022. Over the period under review, total exports indicated a moderate increase from 2019 to 2022: its value increased at an average annual rate of +2.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -26.9% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 46% against the previous year. As a result, the exports attained the peak of $21M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal from Austria in 2022:

1. Germany (779.3 tons)
2. Italy (324.6 tons)
3. Spain (273.2 tons)
4. United Arab Emirates (161.4 tons)
5. France (102.1 tons)
6. Netherlands (79.8 tons)
7. Czech Republic (73.9 tons)
8. Denmark (33.1 tons)

Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Austria

After three years of growth, purchases abroad of rubber; vulcanised, conveyor belts or belting, reinforced only with metals decreased by -43.7% to 444 tons in 2022. In general, imports showed a perceptible contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 53%.

In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals fell sharply to $5M in 2022. Over the period under review, imports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. As a result, imports reached the peak of $7M, and then fell significantly in the following year.

Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal to Austria in 2022:

1. Germany (320.2 tons)
2. Belgium (31.3 tons)
3. Hungary (29.9 tons)
4. Italy (16.7 tons)
5. China (14.9 tons)
6. Czech Republic (8.2 tons)
7. Croatia (7.9 tons)

Source: IndexBox Market Intelligence Platform