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

Contents:

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

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

In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $3,191 per ton, shrinking by -1.9% against the previous year. In general, the import price continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2017 an increase of 3.7%. The import price peaked at $4,661 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 Italy ($6,182 per ton), while the price for Turkey ($2,489 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.2%), 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 Textile Materials in Greece (FOB) - 2022

The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $3,928 per ton in 2022, surging by 19% against the previous year. In general, the export price, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2019 when the average export price increased by 62%. The export price peaked at $6,055 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($6,156 per ton), while the average price for exports to Kosovo ($2,534 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 Finland (+8.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

After two years of decline, supplies from abroad of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses increased by 44% to 1.2K tons in 2022. The total import volume increased at an average annual rate of +6.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 skyrocketed to $3.9M in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Textile Materials in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5628698972,34661.0%
Netherlands26915231239413.6%
Italy3905896443930.3%
Turkey319185376224-11.1%
Germany256186208166-13.4%
Spain26.418.142.010357.4%
Bulgaria98654559.518.8-73.3%
India2672199.56.7-70.7%
Others226259199220-0.9%
Total3,3013,0222,7473,8725.5%

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

  1. China (913.0 tons)
  2. Netherlands (98.6 tons)
  3. Turkey (90.1 tons)
  4. Italy (63.5 tons)
  5. Spain (24.3 tons)
  6. Germany (5.9 tons)
  7. Bulgaria (4.5 tons)
  8. India (1.3 tons)

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

In 2022, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses from Greece soared to 93 tons, picking up by 17% against the previous year. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 121% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses soared to $364K in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.3% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FinlandN/AN/A0.195.895700.0%
Saudi ArabiaN/AN/AN/A66.20%
Cyprus10188.689.758.3-16.7%
North Macedonia4.455.523.153.8130.4%
Nigeria6.662.268.751.298.0%
Bulgaria95.120.336.417.6-43.0%
KosovoN/A1.5N/A6.4106.6%
SwitzerlandN/AN/A26.7N/A0%
JordanN/A6.4N/AN/A0%
Others35.240.717.714.7-25.3%
Total24227526336414.6%

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

  1. Saudi Arabia (20.8 tons)
  2. Cyprus (18.5 tons)
  3. Finland (17.9 tons)
  4. Nigeria (14.6 tons)
  5. North Macedonia (13.4 tons)
  6. Bulgaria (2.9 tons)
  7. Kosovo (2.5 tons)

Source: IndexBox Market Intelligence Platform

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