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

Contents:

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

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

The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $15,234 per ton in 2022, shrinking by -6.4% against the previous year. Overall, the import price saw a abrupt slump. The pace of growth appeared the most rapid in 2016 when the average import price increased by 92%. The import price peaked at $49,049 per ton in 2018; however, from 2019 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 Italy ($41,684 per ton), while the price for the Netherlands ($13,888 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.8%), while the prices for the other major suppliers experienced a decline.

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

The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $30,108 per ton in 2022, surging by 178% against the previous year. Overall, the export price posted a pronounced increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($49,775 per ton), while the average price for exports to Belarus ($10,930 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 Russia (+1.8%), while the prices for the other major destinations experienced a decline.

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

In 2022, after two years of decline, there was significant growth in supplies from abroad of rubber; vulcanised, conveyor belts or belting, reinforced only with metals, when their volume increased by 164% to 14 tons. Overall, imports, however, recorded a deep slump.

In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals skyrocketed to $219K in 2022. In general, imports, however, saw a abrupt slump.

Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland3132.30.899.6-31.7%
NetherlandsN/AN/A62.988.140.1%
France3.348.20.716.069.3%
Germany44.148222.411.8-35.6%
Others29.64.41.93.8-49.6%
Total39053688.6219-17.5%

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

  1. Poland (6.9 tons)
  2. Netherlands (6.3 tons)
  3. Germany (0.6 tons)
  4. France (0.4 tons)

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

In 2022, shipments abroad of rubber; vulcanised, conveyor belts or belting, reinforced only with metals decreased by -1.7% to 2.4 tons, falling for the second year in a row after two years of growth. In general, exports faced a dramatic curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 217% against the previous year. As a result, the exports attained the peak of 22 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 surged to $73K in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 579% against the previous year. As a result, the exports reached the peak of $499K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KazakhstanN/A479N/A47.2-68.6%
Russia73.019.824.724.0-31.0%
Latvia0.10.6N/A0.8100.0%
BelarusN/AN/AN/A0.60%
ArmeniaN/AN/A2.0N/A0%
Kyrgyzstan0.5N/AN/AN/A0%
OthersN/AN/AN/A0.30%
Total73.549926.772.9-0.3%

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

  1. Russia (1352.0 kg)
  2. Kazakhstan (948.0 kg)
  3. Belarus (57.0 kg)
  4. Latvia (50.0 kg)

Source: IndexBox Market Intelligence Platform

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