Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Azerbaijan - 2023
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Azerbaijan (CIF) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Azerbaijan
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Azerbaijan (CIF) - 2022
In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $6,580 per ton, declining by -69.1% against the previous year. Over the period under review, the import price faced a abrupt contraction. The pace of growth appeared the most rapid in 2014 when the average import price increased by 835% against the previous year. As a result, import price attained the peak level of $38,115 per ton. From 2015 to 2022, the average 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 Germany ($33,321 per ton), while the price for China ($5,744 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.4%), while the prices for the other major suppliers experienced a decline.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Azerbaijan
In 2022, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals into Azerbaijan soared to 5.9 tons, growing by 293% against the previous year. In general, imports, however, showed a noticeable descent.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals soared to $39K in 2022. Overall, imports, however, recorded a sharp decrease.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.1 | 0.1 | N/A | 31.4 | 579.7% |
| Turkey | 5.4 | 2.6 | N/A | 3.6 | -12.6% |
| Germany | 30.3 | 41.6 | 5.1 | 3.5 | -51.3% |
| United Arab Emirates | 71.5 | 86.0 | 24.5 | N/A | -41.5% |
| Others | 33.8 | 32.8 | 2.4 | 0.3 | -79.3% |
| Total | 141 | 163 | 32.0 | 38.8 | -35.0% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal to Azerbaijan in 2022:
- China (5.5 tons)
- Turkey (0.3 tons)
- Germany (0.1 tons)
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