Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Estonia - 2023

Contents:

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

Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Estonia (CIF) - 2022

The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $6,477 per ton in 2022, growing by 129% against the previous year. In general, the import price, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2016 an increase of 165%. The import price peaked at $15,989 per ton in 2018; however, from 2019 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 Finland ($19,378 per ton), while the price for Poland stood at $4,840 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+1.9%), while the prices for the other major suppliers experienced a decline.

Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Estonia (FOB) - 2022

The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $37,728 per ton in 2022, rising by 243% against the previous year. In general, the export price enjoyed a remarkable increase. The export price peaked at $72,263 per ton in 2018; however, from 2019 to 2022, the export prices remained at a 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 Turkey ($226,333 per ton), while the average price for exports to Finland amounted to $21,257 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+33.9%).

Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Estonia

After three years of growth, overseas purchases of rubber; vulcanised, conveyor belts or belting, reinforced only with metals decreased by -54.6% to 63 tons in 2022. Overall, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,063%.

In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals expanded to $406K in 2022. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,679%. As a result, imports attained the peak of $623K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland4.3N/AN/A279301.8%
FinlandN/A6.09.938.0151.7%
ChinaN/A551365N/A-33.8%
Others30.766.315.089.542.9%
Total35.0623390406126.4%

Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal to Estonia in 2022:

  1. Poland (57.6 tons)
  2. Finland (2.0 tons)

Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Estonia

Exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals from Estonia soared to 81 kg in 2022, increasing by 8,000% compared with the previous year's figure. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals surged to $3.1K in 2022. Overall, exports saw significant growth.

Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FinlandN/AN/AN/A1.60%
TurkeyN/AN/AN/A1.40%
RussiaN/A2.3N/AN/A0%
United States1.4N/AN/AN/A0%
Cote d'IvoireN/A1.4N/AN/A0%
OthersN/A0.1N/A0.10.0%
Total1.43.8N/A3.130.3%

Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal from Estonia in 2022:

  1. Finland (74.0 kg)
  2. Turkey (6.0 kg)

Source: IndexBox Market Intelligence Platform

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