Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Serbia - 2023
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Serbia (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Serbia (FOB) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Serbia
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Serbia
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Serbia (CIF) - 2022
In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $3,621 per ton, picking up by 31% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable decrease. The pace of growth was the most pronounced in 2017 when the average import price increased by 34% against the previous year. The import price peaked at $5,137 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Hungary ($8,568 per ton), while the price for Turkey ($3,052 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Serbia (FOB) - 2022
In 2022, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $4,772 per ton, with an increase of 46% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($8,238 per ton), while the average price for exports to Russia ($409 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 Turkey (+23.9%), 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 Serbia
In 2022, approx. 2.2K tons of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses were imported into Serbia; shrinking by -4.6% on 2021 figures. Over the period under review, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 147% against the previous year. As a result, imports reached the peak of 2.3K tons, and then reduced slightly in the following year.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses skyrocketed to $7.8M in 2022. Overall, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 103% against the previous year. Over the period under review, imports of reached the maximum 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 Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 428 | 1,656 | 1,389 | 2,139 | 71.0% |
| Bulgaria | 405 | N/A | 3,228 | 1,713 | 61.7% |
| Turkey | 557 | 345 | 572 | 1,462 | 37.9% |
| China | 127 | 235 | 140 | 1,213 | 112.2% |
| Slovenia | 356 | 449 | 464 | 682 | 24.2% |
| Romania | 151 | 64.7 | 161 | 220 | 13.4% |
| Hungary | 1,597 | 27.9 | 34.7 | 41.2 | -70.5% |
| Others | 628 | 316 | 301 | 377 | -15.6% |
| Total | 4,249 | 3,094 | 6,290 | 7,846 | 22.7% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials to Serbia in 2022:
- Poland (562.7 tons)
- Bulgaria (533.1 tons)
- Turkey (478.8 tons)
- China (320.0 tons)
- Slovenia (185.1 tons)
- Romania (60.9 tons)
- Hungary (4.8 tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Serbia
For the third consecutive year, Serbia recorded decline in overseas shipments of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses, which decreased by -53.2% to 145 tons in 2022. Overall, exports continue to indicate a sharp reduction. The smallest decline of -41.8% was in 2020.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses declined notably to $691K in 2022. In general, exports recorded a precipitous contraction.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 853 | 492 | 319 | 468 | -18.1% |
| Montenegro | 74.4 | 81.1 | 91.2 | 143 | 24.3% |
| North Macedonia | 838 | 2,188 | 44.2 | 24.2 | -69.3% |
| Turkey | 21.2 | 65.7 | 106 | 22.8 | 2.5% |
| Albania | 2.5 | 4.7 | 65.3 | 18.0 | 93.1% |
| Russia | N/A | 18.7 | 55.8 | 4.3 | -52.0% |
| Ukraine | 5,259 | 763 | N/A | N/A | -85.5% |
| Others | 10.9 | 20.0 | 328 | 10.6 | -0.9% |
| Total | 7,059 | 3,633 | 1,010 | 691 | -53.9% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials from Serbia in 2022:
- Bosnia and Herzegovina (95.1 tons)
- Montenegro (27.1 tons)
- Russia (10.4 tons)
- North Macedonia (4.8 tons)
- Albania (4.1 tons)
- Turkey (2.8 tons)
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