Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Japan - 2023
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Japan (FOB) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Japan (CIF) - 2022
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Japan
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Japan
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Japan (FOB) - 2022
The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $5,567 per ton in 2022, growing by 33% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $5,639 per ton in 2012; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($7,307 per ton), while the average price for exports to China ($1,749 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 Vietnam (+7.1%), 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 Japan (CIF) - 2022
The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $3,112 per ton in 2022, declining by -2.2% against the previous year. Over the period under review, the import price continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2017 when the average import price increased by 183%. As a result, import price attained the peak level of $10,321 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -3.9% per year.
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Japan
Exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals from Japan contracted significantly to 3.8K tons in 2022, reducing by -19% against the year before. In general, exports showed a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 25%.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals expanded markedly to $21M in 2022. Over the period under review, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 30%.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 4.3 | 2.7 | 3.0 | 7.2 | 18.7% |
| United States | 5.4 | 0.7 | 1.7 | 5.5 | 0.6% |
| Chile | 9.3 | 2.6 | 3.0 | 4.3 | -22.7% |
| Australia | 3.6 | 4.8 | 5.1 | 1.7 | -22.1% |
| Vietnam | 0.1 | 0.5 | 0.7 | 0.6 | 81.7% |
| Philippines | 0.1 | N/A | 1.6 | 0.5 | 71.0% |
| Indonesia | 0.6 | 1.2 | 1.8 | 0.2 | -30.7% |
| China | 0.4 | 0.6 | 1.3 | 0.2 | -20.6% |
| Canada | 1.4 | 0.7 | N/A | 0.1 | -58.5% |
| Russia | 1.2 | 0.1 | 0.3 | N/A | -50.0% |
| Thailand | 0.6 | 0.5 | 0.3 | N/A | -29.3% |
| Others | 2.6 | 0.7 | 0.8 | 0.7 | -35.4% |
| Total | 29.7 | 15.1 | 19.6 | 21.1 | -10.8% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal from Japan in 2022:
- Peru (980.3 tons)
- Chile (848.2 tons)
- United States (796.0 tons)
- Australia (474.0 tons)
- Vietnam (248.3 tons)
- China (136.2 tons)
- Philippines (108.9 tons)
- Indonesia (38.1 tons)
- Canada (20.0 tons)
- Thailand (4.3 tons)
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Japan
In 2022, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals into Japan skyrocketed to 2.1K tons, with an increase of 181% on 2021. Over the period under review, imports posted a significant expansion. 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 soared to $6.7M in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.6 | 1.1 | 2.3 | 6.6 | 36.4% |
| Others | 0.1 | 0.6 | 0.1 | 0.1 | 0.0% |
| Total | 2.7 | 1.7 | 2.4 | 6.7 | 35.4% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal to Japan in 2022:
- China (2.1K tons)
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