Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Peru - 2022

Contents:

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

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

In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $5,045 per ton, jumping by 19% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The import price peaked at $6,049 per ton in 2014; however, from 2015 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 Japan ($10,754 per ton), while the price for China ($3,632 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+4.7%), 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 Peru (FOB) - 2022

The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $6,421 per ton in 2022, surging by 53% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 129%. As a result, the export price attained the peak level of $11,351 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($8,294 per ton), while the average price for exports to Bolivia ($5,522 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 the United States (+6.1%), 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 Peru

In 2022, overseas purchases of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses decreased by -14.9% to 3.3K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 32%. As a result, imports attained the peak of 3.9K tons, and then dropped in the following year.

In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses reached $17M in 2022. The total import value increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.24.33.36.817.4%
Germany0.72.01.92.450.8%
Brazil0.91.21.91.518.6%
Japan2.22.51.51.1-20.6%
Netherlands0.20.40.71.071.0%
Poland1.81.52.11.0-17.8%
Chile1.11.01.10.8-10.1%
India0.10.30.40.681.7%
Hungary0.60.31.60.1-45.0%
Others1.30.91.91.67.2%
Total13.114.216.516.88.6%

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

  1. China (1863.0 tons)
  2. Brazil (288.0 tons)
  3. Germany (278.3 tons)
  4. India (163.5 tons)
  5. Netherlands (151.3 tons)
  6. Chile (149.4 tons)
  7. Poland (131.6 tons)
  8. Japan (100.8 tons)
  9. Hungary (12.5 tons)

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

In 2022, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses from Peru surged to 8.2 tons, growing by 42% compared with the previous year's figure. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 778% against the previous year. As a result, the exports reached the peak of 11 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses soared to $53K in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 897% against the previous year. As a result, the exports attained the peak of $60K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia2.55.45.229.9128.7%
EcuadorN/AN/A3.513.5285.7%
GuatemalaN/AN/AN/A9.10%
ColombiaN/A52.715.5N/A-70.6%
Others3.62.3N/A0.2-61.8%
Total6.160.524.252.7105.2%

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

  1. Bolivia (5.4 tons)
  2. Ecuador (1.6 tons)
  3. Guatemala (1.2 tons)

Source: IndexBox Market Intelligence Platform

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