Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Canada - 2024
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Canada (CIF) - 2022
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Canada (FOB) - 2022
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Canada
- Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Canada
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Canada (CIF) - 2022
In 2022, the average import price for rubber amounted to $8,546 per ton, with a decrease of -3.3% against the previous year. Overall, the import price saw a mild downturn. The pace of growth appeared the most rapid in 2020 when the average import price increased by 13% against the previous year. The import price peaked at $10,398 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Belgium ($8,940 per ton) and the United States ($8,917 per ton), while the price for Switzerland ($8,917 per ton) and Germany ($8,917 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-1.2%), while the prices for the other major suppliers experienced a decline.
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Canada (FOB) - 2022
In 2022, the average export price for rubber amounted to $10,871 per ton, dropping by -7.6% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 37% against the previous year. As a result, the export price reached the peak level of $12,727 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +0.6% per year.
Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Canada
In 2022, the amount of rubber imported into Canada shrank dramatically to 1.2K tons, declining by -38.5% on the previous year. Over the period under review, imports faced a significant decline. The smallest decline of -8.1% was in 2021.
In value terms, imports of rubber dropped rapidly to $10M in 2022. In general, imports continue to indicate a sharp curtailment. The smallest decline of -1.6% was in 2020.
| Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 19.0 | 18.9 | 14.8 | 7.9 | -25.4% |
| Germany | 0.1 | 0.2 | 0.6 | 0.5 | 71.0% |
| China | 0.5 | 0.5 | 0.5 | 0.5 | 0.0% |
| Switzerland | 0.3 | 0.2 | 0.3 | 0.3 | 0.0% |
| Brazil | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Taiwan (Chinese) | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Belgium | 0.1 | 0.3 | 0.2 | 0.2 | 26.0% |
| Others | 0.9 | 0.5 | 0.3 | 0.4 | -23.7% |
| Total | 21.1 | 20.8 | 17.1 | 10.1 | -21.8% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Canada in 2022:
- United States (890.6 tons)
- Germany (57.1 tons)
- China (55.1 tons)
- Switzerland (28.9 tons)
- Belgium (20.3 tons)
- Brazil (19.3 tons)
- Taiwan (Chinese) (19.1 tons)
Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Canada
In 2022, approx. 878 tons of rubber were exported from Canada; with an increase of 92% against 2021 figures. Overall, exports continue to indicate temperate growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of rubber soared to $9.5M in 2022. In general, exports, however, showed a relatively flat trend pattern.
| Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.1 | 3.1 | 4.8 | 8.7 | -1.5% |
| Others | 0.5 | 0.4 | 0.6 | 0.8 | 17.0% |
| Total | 9.7 | 3.5 | 5.4 | 9.5 | -0.7% |
Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from Canada in 2022:
- United States (804.6 tons)
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