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

Contents:

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

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

In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $15,308 per ton, growing by 7.5% against the previous year. Overall, the import price, however, showed a mild descent. The pace of growth was the most pronounced in 2016 an increase of 55%. The import price peaked at $17,328 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($40,102 per ton), while the price for China ($2,587 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $4,943 per ton in 2022, dropping by -1.9% against the previous year. In general, the export price recorded a abrupt decline. The pace of growth was the most pronounced in 2015 an increase of 79% against the previous year. As a result, the export price reached the peak level of $36,238 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($5,178 per ton), while the average price for exports to Bosnia and Herzegovina amounted to $2,512 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+45.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the fourth year in a row, Croatia recorded growth in overseas purchases of rubber; vulcanised, conveyor belts or belting, reinforced only with metals, which increased by 42% to 14 tons in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals surged to $216K in 2022. In general, imports recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by 78% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria5.38.417.7142199.2%
Germany49.793.378.054.83.3%
SloveniaN/A12.517.513.12.4%
ChinaN/AN/AN/A1.00%
Italy10.48.610.80.1-78.7%
SlovakiaN/A8.3N/AN/A0%
Others10.23.417.04.2-25.6%
Total75.513514121642.0%

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

  1. Germany (9.5 tons)
  2. Austria (3.5 tons)
  3. Slovenia (0.5 tons)
  4. China (0.4 tons)

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

Exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals from Croatia reduced markedly to 488 kg in 2022, declining by -78.5% compared with the previous year's figure. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,892%. As a result, the exports reached the peak of 2.3 tons, and then contracted remarkably in the following year.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals contracted markedly to $2.4K in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 2,122% against the previous year. As a result, the exports reached the peak of $11K, and then dropped markedly in the following year.

Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia0.5N/A7.02.366.3%
Bosnia and HerzegovinaN/A0.30.40.1-42.3%
AustriaN/AN/A3.8N/A0%
OthersN/A0.20.2N/A0.0%
Total0.50.511.42.468.7%

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

  1. Slovenia (445.0 kg)
  2. Bosnia and Herzegovina (43.0 kg)

Source: IndexBox Market Intelligence Platform

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