Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Germany - 2023

Contents:

  1. Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Germany (FOB) - 2022
  2. Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Germany (CIF) - 2023
  3. Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Germany
  4. Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Germany

Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Germany (FOB) - 2022

In 2022, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $9,658 per ton, standing approx. at the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +4.8%. The growth pace was the most rapid in 2018 an increase of 11% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($21,036 per ton), while the average price for exports to Kazakhstan ($4,747 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+10.3%), 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 Textile Materials in Germany (CIF) - 2023

In November 2023, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $4,461 per ton, waning by -5.9% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 32% against the previous month. As a result, import price attained the peak level of $6,660 per ton. From May 2023 to November 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Poland ($8,111 per ton), while the price for China ($1,922 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by India (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Germany

Exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses from Germany rose rapidly to 12K tons in 2022, with an increase of 5.9% against 2021. Over the period under review, exports, however, recorded a perceptible decline.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses expanded markedly to $112M in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern.

Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands7.46.88.09.48.3%
United States7.57.08.19.47.8%
Kazakhstan2.21.60.98.456.3%
Sweden5.35.57.08.215.7%
France7.96.46.66.8-4.9%
Chile3.44.14.24.59.8%
Poland3.93.04.04.44.1%
Austria4.34.34.44.40.8%
Denmark2.22.53.43.921.0%
Italy4.73.53.93.7-7.7%
Belgium4.85.35.53.7-8.3%
Hungary2.32.52.43.110.5%
Norway2.02.61.82.710.5%
Others56.544.543.639.0-11.6%
Total11599.6104112-0.9%

Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials from Germany in 2022:

  1. Kazakhstan (1779.5 tons)
  2. Netherlands (1083.8 tons)
  3. Sweden (1009.8 tons)
  4. Denmark (802.7 tons)
  5. France (713.3 tons)
  6. Austria (574.1 tons)
  7. Chile (488.7 tons)
  8. United States (446.4 tons)
  9. Norway (391.7 tons)
  10. Poland (379.4 tons)
  11. Belgium (345.4 tons)
  12. Italy (332.7 tons)
  13. Hungary (226.5 tons)

Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Germany

In 2022, purchases abroad of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses was finally on the rise to reach 20K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern 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 textile materialses surged to $97M in 2022. The total import value increased at an average annual rate of +7.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Textile Materials in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.38.410.316.617.2%
Netherlands14.113.112.616.35.0%
Hungary16.817.114.414.5-4.8%
Slovenia8.15.79.812.014.0%
Romania5.03.44.56.27.4%
Poland3.43.03.85.315.9%
India2.01.32.22.69.1%
Turkey0.40.60.31.762.0%
Spain1.40.80.91.76.7%
Others16.315.615.519.76.5%
Total77.969.174.496.57.4%

Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials to Germany in 2022:

  1. China (6.4K tons)
  2. Netherlands (3.0K tons)
  3. Hungary (3.0K tons)
  4. Slovenia (2.1K tons)
  5. Romania (1.6K tons)
  6. Poland (0.9K tons)
  7. India (0.8K tons)
  8. Turkey (0.7K tons)
  9. Spain (0.4K tons)

Source: IndexBox Market Intelligence Platform

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