Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Myanmar - 2023
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Myanmar (CIF) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Myanmar
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Myanmar (CIF) - 2022
The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $4,866 per ton in 2022, dropping by -19.6% against the previous year. Overall, the import price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2021 an increase of 58%. Over the period under review, average import prices attained the peak figure at $8,171 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($4,068 per ton), while the price for China totaled $2,131 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Myanmar
After two years of decline, overseas purchases of rubber; vulcanised, conveyor belts or belting, reinforced only with metals increased by 2,319% to 7.3 tons in 2022. In general, imports, however, faced a significant curtailment.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals surged to $36K in 2022. Overall, imports, however, recorded a precipitous contraction.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 50.8 | 0.4 | N/A | 11.0 | -40.0% |
| Thailand | 2.1 | N/A | N/A | 8.4 | 58.7% |
| Japan | 13.0 | 1.2 | 0.1 | N/A | -91.2% |
| Malaysia | 80.8 | 7.7 | 0.6 | N/A | -91.4% |
| Others | 1.9 | 1.9 | 1.1 | 16.1 | 103.9% |
| Total | 149 | 11.2 | 1.8 | 35.5 | -38.0% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal to Myanmar in 2022:
- China (5.2 tons)
- Thailand (2.1 tons)
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