Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Hungary - 2023
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Hungary (FOB) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Hungary (CIF) - 2022
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Hungary
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Hungary
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Hungary (FOB) - 2022
In 2022, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $13,506 per ton, increasing by 8.9% against the previous year. Over the period under review, the export price showed tangible growth. The most prominent rate of growth was recorded in 2019 an increase of 107% against the previous year. As a result, the export price attained the peak level of $15,183 per ton. From 2020 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 Romania ($22,923 per ton), while the average price for exports to Finland ($10,035 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 Argentina (+44.3%), 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 Hungary (CIF) - 2022
The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $4,013 per ton in 2022, growing by 7.1% against the previous year. Over the period under review, the import price, however, continues to indicate a mild setback. The growth pace was the most rapid in 2018 when the average import price increased by 33%. The import price peaked at $4,775 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($4,304 per ton), while the price for Serbia ($3,513 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Hungary
For the fourth year in a row, Hungary recorded growth in shipments abroad of rubber; vulcanised, conveyor belts or belting, reinforced only with metals, which increased by 22% to 104 tons in 2022. Over the period under review, exports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 698%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals soared to $1.4M in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 497% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 17.7 | 262 | 485 | 651 | 232.6% |
Italy | 33.8 | 118 | 138 | 284 | 103.3% |
Netherlands | N/A | 202 | 87.3 | 152 | -13.3% |
Serbia | N/A | N/A | N/A | 108 | 0% |
France | 14.7 | 63.2 | N/A | 63.8 | 63.1% |
Finland | N/A | 82.5 | 113 | 59.2 | -15.3% |
Romania | 32.2 | 50.8 | 26.0 | 36.8 | 4.6% |
Portugal | N/A | N/A | N/A | 25.3 | 0% |
Spain | N/A | 51.2 | 34.7 | 0.3 | -92.3% |
Others | 60.4 | 118 | 172 | 27.4 | -23.2% |
Total | 159 | 948 | 1,056 | 1,408 | 106.9% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal from Hungary in 2022:
- Germany (49.6 tons)
- Italy (19.9 tons)
- Netherlands (13.6 tons)
- Finland (5.9 tons)
- Serbia (5.6 tons)
- France (4.7 tons)
- Portugal (2.4 tons)
- Romania (1.6 tons)
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Hungary
In 2022, the amount of rubber; vulcanised, conveyor belts or belting, reinforced only with metals imported into Hungary dropped sharply to 183 tons, reducing by -78.5% on the year before. Overall, imports saw a sharp descent. The most prominent rate of growth was recorded in 2021 when imports increased by 16%.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals reduced dramatically to $734K in 2022. In general, imports recorded a dramatic slump. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year.
Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Serbia | 1,343 | 1,143 | 968 | 546 | -25.9% |
Germany | 57.1 | 38.9 | 38.4 | 91.1 | 16.8% |
Poland | 2,872 | 1,228 | 2,123 | 12.2 | -83.8% |
Others | 104 | 117 | 67.6 | 85.3 | -6.4% |
Total | 4,376 | 2,527 | 3,197 | 734 | -44.9% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal to Hungary in 2022:
- Serbia (155.3 tons)
- Germany (21.2 tons)
- Poland (3.0 tons)
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