Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in the United Arab Emirates - 2022
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in the United Arab Emirates (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in the United Arab Emirates (FOB) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in the United Arab Emirates
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in the United Arab Emirates
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in the United Arab Emirates (CIF) - 2022
The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $6,411 per ton in 2022, increasing by 31% against the previous year. Overall, the import price, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 57% against the previous year. Over the period under review, average import prices reached the peak figure at $7,738 per ton in 2012; however, from 2013 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 Spain ($17,616 per ton), while the price for India ($2,767 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in the United Arab Emirates (FOB) - 2022
The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $7,550 per ton in 2022, approximately mirroring the previous year. Over the period under review, the export price posted a strong expansion. The growth pace was the most rapid in 2021 when the average export price increased by 160%. The export price peaked in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($7,893 per ton), while the average price for exports to Uganda ($221 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 Iran (+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 the United Arab Emirates
In 2022, purchases abroad of rubber; vulcanised, conveyor belts or belting, reinforced only with metals was finally on the rise to reach 1.5K tons after two years of decline. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +7.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 skyrocketed to $9.5M in 2022. In general, imports saw prominent growth. As a result, imports attained 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 the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.2 | N/A | 147 | 4,237 | 1144.2% |
| Germany | 579 | 1,832 | 897 | 2,229 | 56.7% |
| South Korea | N/A | N/A | 53.9 | 1,245 | 2209.8% |
| Spain | 179 | N/A | 78.0 | 944 | 74.1% |
| China | 1,692 | 1,319 | 1,111 | 391 | -38.6% |
| Belgium | 3.4 | N/A | N/A | 238 | 312.1% |
| India | 779 | 410 | 529 | 79.7 | -53.2% |
| Ethiopia | 693 | N/A | N/A | N/A | 0% |
| Others | 2,883 | 2,096 | 1,264 | 104 | -67.0% |
| Total | 6,811 | 5,656 | 4,081 | 9,468 | 11.6% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal to the United Arab Emirates in 2022:
- Italy (781.1 tons)
- Germany (212.7 tons)
- South Korea (198.5 tons)
- China (138.2 tons)
- Belgium (57.1 tons)
- Spain (53.6 tons)
- India (28.8 tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in the United Arab Emirates
In 2022, after three years of growth, there was significant decline in overseas shipments of rubber; vulcanised, conveyor belts or belting, reinforced only with metals, when their volume decreased by -69.8% to 183 tons. In general, exports saw a drastic downturn. The pace of growth was the most pronounced in 2020 when exports increased by 60% against the previous year.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals dropped dramatically to $1.4M in 2022. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 185% against the previous year. As a result, the exports reached the peak of $4.5M, and then dropped notably in the following year.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 590 | 477 | 4,436 | 1,267 | 29.0% |
| Oman | 567 | 1,077 | 18.0 | 19.9 | -67.3% |
| Jordan | N/A | N/A | N/A | 5.0 | 0% |
| Uganda | 0.1 | 0.7 | 0.2 | 0.7 | 91.3% |
| United Kingdom | 74.1 | N/A | N/A | 0.5 | -81.1% |
| Others | 121 | 28.0 | 57.6 | 87.1 | -10.4% |
| Total | 1,352 | 1,582 | 4,511 | 1,380 | 0.7% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal from the United Arab Emirates in 2022:
- Iran (160.5 tons)
- Oman (6.7 tons)
- Uganda (3.1 tons)
- Jordan (2.9 tons)
- United Kingdom (0.3 tons)
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