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

Contents:

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

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

In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $3,671 per ton, shrinking by -7.5% against the previous year. In general, the import price saw a perceptible decrease. The pace of growth was the most pronounced in 2013 when the average import price increased by 26% against the previous year. As a result, import price reached the peak level of $6,958 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($5,767 per ton), while the price for Turkey ($2,420 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.2%), 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 Morocco (FOB) - 2022

In 2022, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $5,175 per ton, waning by -58.3% against the previous year. Overall, the export price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2016 an increase of 454% against the previous year. As a result, the export price reached the peak level of $19,199 per ton. From 2017 to 2022, the average 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 Burkina Faso ($8,574 per ton), while the average price for exports to Spain ($2,991 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 Cameroon (+118.6%), 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 Morocco

In 2022, after two years of decline, there was significant growth in overseas purchases of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses, when their volume increased by 35% to 2.5K tons. Overall, imports, however, recorded a abrupt shrinkage.

In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses surged to $9.3M in 2022. In general, imports, however, continue to indicate a deep reduction.

Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary0.70.1N/A2.654.9%
Turkey1.71.82.32.05.6%
Netherlands5.70.80.91.3-38.9%
France1.10.20.41.0-3.1%
Poland0.23.60.30.858.7%
Spain0.60.50.60.5-5.9%
Italy0.80.80.90.4-20.6%
China0.70.90.10.2-34.1%
Germany2.00.20.10.2-53.6%
Others0.40.21.80.1-37.0%
Total13.89.27.49.3-12.3%

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

  1. Turkey (814.0 tons)
  2. Hungary (761.2 tons)
  3. Netherlands (279.4 tons)
  4. France (186.3 tons)
  5. Poland (177.7 tons)
  6. Italy (93.5 tons)
  7. Spain (87.3 tons)
  8. China (45.4 tons)
  9. Germany (44.0 tons)

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

In 2022, overseas shipments of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses were finally on the rise to reach 26 tons after two years of decline. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses soared to $132K in 2022. Overall, exports, however, saw a relatively flat trend pattern.

Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SudanN/A23.2N/A56.155.5%
Burkina FasoN/AN/AN/A36.80%
Spain54.3N/AN/A22.6-25.3%
MaliN/AN/AN/A5.00%
Guinea-Bissau3.04.89.64.211.9%
Congo6.6N/AN/AN/A0%
Guinea3.913.244.9N/A239.3%
AlgeriaN/A8.4N/AN/A0%
Chad26.2N/A11.4N/A-34.0%
Others42.15.47.87.6-43.5%
Total13655.073.7132-1.0%

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

  1. Sudan (11.9 tons)
  2. Spain (7.6 tons)
  3. Burkina Faso (4.3 tons)
  4. Mali (1.0 tons)
  5. Guinea-Bissau (0.6 tons)

Source: IndexBox Market Intelligence Platform

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