Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Lithuania - 2023
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Lithuania (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Lithuania (FOB) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Lithuania
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Lithuania
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Lithuania (CIF) - 2022
The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $4,361 per ton in 2022, falling by -2.9% against the previous year. Over the period under review, the import price showed a slight decline. The most prominent rate of growth was recorded in 2014 an increase of 57%. As a result, import price reached the peak level of $7,061 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($17,738 per ton), while the price for Turkey ($2,493 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+10.2%), 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 Lithuania (FOB) - 2022
In 2022, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $9,576 per ton, surging by 34% against the previous year. Overall, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses increased by +53.3% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($15,292 per ton), while the average price for exports to Kazakhstan ($4,787 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 Uzbekistan (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Lithuania
After two years of decline, supplies from abroad of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses increased by 9.7% to 409 tons in 2022. Overall, imports, however, saw a abrupt descent.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses rose notably to $1.8M in 2022. Over the period under review, imports, however, showed a sharp contraction.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 93.5 | 339 | 352 | 395 | 61.7% |
| Netherlands | 337 | 146 | 210 | 332 | -0.5% |
| Germany | 569 | 683 | 388 | 191 | -30.5% |
| Italy | 55.9 | 327 | 66.4 | 183 | 48.5% |
| Turkey | 135 | 54.1 | 137 | 162 | 6.3% |
| Poland | 1,743 | 321 | 57.0 | 156 | -55.3% |
| Bulgaria | N/A | N/A | 230 | 95.2 | -58.6% |
| Others | 611 | 381 | 234 | 269 | -23.9% |
| Total | 3,545 | 2,251 | 1,674 | 1,783 | -20.5% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials to Lithuania in 2022:
- China (154.8 tons)
- Netherlands (67.3 tons)
- Turkey (64.9 tons)
- Bulgaria (33.5 tons)
- Italy (27.7 tons)
- Poland (16.2 tons)
- Germany (12.6 tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Lithuania
In 2022, approx. 109 tons of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses were exported from Lithuania; which is down by -36.1% on the previous year. In general, exports continue to indicate a significant decline. The smallest decline of -13.8% was in 2020.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses reduced to $1M in 2022. Overall, exports showed a abrupt curtailment. The smallest decline of -4.2% was in 2020.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,100 | 652 | 796 | 614 | -17.7% |
| Kazakhstan | 59.0 | 456 | 35.2 | 189 | 47.4% |
| Latvia | 185 | 217 | 124 | 74.0 | -26.3% |
| Belarus | 120 | 160 | 181 | 71.2 | -16.0% |
| Estonia | 1.3 | 24.8 | 1.9 | 34.9 | 199.4% |
| Turkey | N/A | N/A | 69.9 | 30.7 | -56.1% |
| Kyrgyzstan | 1.4 | 43.1 | 14.6 | 19.6 | 141.0% |
| Iran | 177 | 32.8 | N/A | N/A | -81.5% |
| Others | 18.2 | 6.3 | 0.9 | 10.4 | -17.0% |
| Total | 1,662 | 1,592 | 1,223 | 1,044 | -14.4% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials from Lithuania in 2022:
- Russia (40.2 tons)
- Kazakhstan (39.5 tons)
- Latvia (9.3 tons)
- Belarus (8.9 tons)
- Estonia (7.1 tons)
- Kyrgyzstan (2.7 tons)
- Turkey (0.6 tons)
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