Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Ireland - 2023

Contents:

1. Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Ireland (CIF) - 2022
2. Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Ireland (FOB) - 2022
3. Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Ireland
4. Exports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Ireland

Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Ireland (CIF) - 2022

The average import price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips stood at $4,290 per ton in 2022, reducing by -2.8% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 58%. As a result, import price reached the peak level of $7,216 per ton. From 2014 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 the United States ($7,082 per ton), while the price for China ($2,936 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Ireland (FOB) - 2022

The average export price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips stood at $8,860 per ton in 2022, declining by -24.4% against the previous year. Overall, the export price, however, recorded mild growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 163% against the previous year. As a result, the export price reached the peak level of $15,550 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($19,964 per ton), while the average price for exports to the UK ($7,032 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 Germany (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Ireland

In 2022, imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips into Ireland totaled 2.2K tons, rising by 7.7% against the previous year. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +7.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 51% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips rose slightly to $9.5M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.3% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 46%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Top Suppliers of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip to Ireland in 2022:

1. United Kingdom (933.8 tons)
2. Spain (408.9 tons)
3. Germany (276.2 tons)
4. Italy (234.9 tons)
5. China (115.4 tons)
6. Netherlands (74.9 tons)
7. United States (69.7 tons)
8. Denmark (60.7 tons)
9. Belgium (45.4 tons)

Exports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Ireland

After two years of decline, overseas shipments of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips increased by 5.2% to 98 tons in 2022. Overall, exports, however, showed a sharp decrease.

In value terms, exports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips plummeted to $870K in 2022. In general, exports, however, recorded a precipitous decline.

Top Export Markets for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip from Ireland in 2022:

1. United Kingdom (76.6 tons)
2. United States (9.2 tons)
3. France (3.3 tons)
4. Netherlands (2.9 tons)
5. Germany (1.2 tons)

Source: IndexBox Market Intelligence Platform