Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Oman - 2022

Contents:

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

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

The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $11,398 per ton in 2022, surging by 104% against the previous year. Overall, the import price recorded a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($14,909 per ton), while the price for China ($6,502 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+50.4%), 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 Oman (FOB) - 2022

In 2022, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $2,246 per ton, falling by -4.7% against the previous year. Overall, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 140% against the previous year. Over the period under review, the average export prices hit record highs at $4,992 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($2,699 per ton), while the average price for exports to Qatar totaled $2,209 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-4.2%), while the prices for the other major destinations experienced a decline.

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

Imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals into Oman shrank dramatically to 51 tons in 2022, declining by -75.4% compared with the previous year. In general, imports continue to indicate a precipitous curtailment. The smallest decline of -28.1% was in 2020.

In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals dropped sharply to $584K in 2022. Over the period under review, imports showed a sharp reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 43%. As a result, imports reached the peak of $2.4M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium5.210280.0441339.4%
China3.361.716480.6190.1%
United Arab Emirates33957527628.8-56.0%
QatarN/A0.31.311.5519.1%
India66.558.423.09.3-48.1%
Iran6.4N/AN/A8.59.9%
Japan107177103N/A-1.9%
United Kingdom71.2638257N/A90.0%
Brazil658460189N/A-46.4%
Others42634073.54.3-78.4%
Total1,6842,4131,167584-29.7%

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

  1. Belgium (29.6 tons)
  2. China (12.4 tons)
  3. United Arab Emirates (4.4 tons)
  4. Qatar (1.8 tons)
  5. India (1.4 tons)
  6. Iran (1.3 tons)

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

In 2022, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals from Oman soared to 2 tons, growing by 2,197% compared with the year before. Overall, exports recorded a significant expansion.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals skyrocketed to $4.5K in 2022. In general, exports showed a significant expansion.

Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar1.42.10.24.143.1%
United Arab Emirates0.50.3N/A0.4-7.2%
YemenN/A9.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.911.40.24.533.3%

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

  1. Qatar (1845.0 kg)
  2. United Arab Emirates (153.0 kg)

Source: IndexBox Market Intelligence Platform

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