Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Argentina - 2023

Contents:

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

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

In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $5,333 per ton, picking up by 4.2% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 20%. The import price peaked at $6,967 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($24,778 per ton), while the price for India ($2,647 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+16.8%), 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 Argentina (FOB) - 2022

In 2022, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $15,370 per ton, growing by 6.2% against the previous year. Over the period under review, the export price enjoyed pronounced growth. The pace of growth was the most pronounced in 2015 when the average export price increased by 42%. Over the period under review, the average export prices attained the peak figure at $25,030 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Uruguay.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +20.2% per year.

Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Argentina

In 2022, the amount of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses imported into Argentina skyrocketed to 2.3K tons, picking up by 23% against the previous year. The total import volume increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses surged to $12M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.0% 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 +60.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil2.42.73.13.18.9%
United States1.81.21.73.018.6%
China0.30.51.93.0115.4%
Italy0.70.91.01.012.6%
India1.80.80.41.0-17.8%
Taiwan (Chinese)0.60.30.50.3-20.6%
Spain0.10.20.10.344.2%
Hungary1.00.60.20.1-53.6%
Others1.20.70.90.8-12.6%
Total9.97.89.712.58.1%

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

  1. China (951.2 tons)
  2. Brazil (517.4 tons)
  3. India (364.2 tons)
  4. Italy (196.8 tons)
  5. United States (129.8 tons)
  6. Spain (50.8 tons)
  7. Taiwan (Chinese) (46.2 tons)
  8. Hungary (15.6 tons)

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

In 2022, shipments abroad of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses decreased by -62.1% to 1.5 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 32% against the previous year. As a result, the exports attained the peak of 3.9 tons, and then shrank notably in the following year.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses contracted dramatically to $23K in 2022. In general, exports showed a drastic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 82%. As a result, the exports reached the peak of $57K, and then reduced sharply in the following year.

Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay2.21.40.923.0118.7%
Venezuela2.41.31.7N/A-15.8%
Dominican Republic0.40.20.4N/A0.0%
Paraguay1.91.70.3N/A-60.3%
Chile0.11.13.7N/A508.3%
Guatemala22.718.637.4N/A28.4%
Morocco0.70.50.8N/A6.9%
Mexico0.80.71.3N/A27.5%
Panama1.50.80.9N/A-22.5%
Others7.35.09.6N/A14.7%
Total40.031.357.023.0-16.8%

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

  1. Uruguay (1.5 tons)

Source: IndexBox Market Intelligence Platform

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