Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Mexico - 2023
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Mexico (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Mexico (FOB) - 2023
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Mexico
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Mexico
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Mexico (CIF) - 2022
The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $4,560 per ton in 2022, reducing by -12.6% against the previous year. In general, the import price showed a noticeable contraction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 63%. The import price peaked at $12,128 per ton in 2016; however, from 2017 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 France ($29,890 per ton), while the price for China ($2,836 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+20.5%), 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 Mexico (FOB) - 2023
In December 2023, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $7,150 per ton, which is down by -9.5% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 47% m-o-m. As a result, the export price attained the peak level of $9,676 per ton. From May 2023 to December 2023, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to +0.6% per month.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Mexico
In 2022, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses into Mexico soared to 13K tons, picking up by 59% on 2021 figures. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +7.7% 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 +71.0% against 2020 indices. 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 soared to $61M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.8% 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 +79.6% 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 Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.5 | 8.1 | 16.3 | 26.5 | 25.2% |
| United States | 20.0 | 15.6 | 17.4 | 17.5 | -4.4% |
| India | 1.1 | 0.7 | 1.9 | 4.3 | 57.5% |
| Spain | 3.1 | 2.9 | 2.4 | 2.2 | -10.8% |
| Brazil | N/A | 0.1 | 0.2 | 1.1 | 231.7% |
| United Kingdom | 2.4 | 0.1 | 0.1 | 1.0 | -25.3% |
| Canada | 1.5 | 1.5 | 1.2 | 0.4 | -35.6% |
| Others | 5.7 | 4.9 | 4.5 | 7.8 | 11.0% |
| Total | 47.2 | 33.9 | 43.9 | 60.8 | 8.8% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials to Mexico in 2022:
- China (9.3K tons)
- United States (1.7K tons)
- India (1.0K tons)
- United Kingdom (0.3K tons)
- Brazil (0.3K tons)
- Spain (0.2K tons)
- Canada (0.1K tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Mexico
In 2022, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses from Mexico rose rapidly to 2.9K tons, picking up by 11% compared with 2021. Over the period under review, exports, however, continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2021 when exports increased by 20%.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses soared to $17M in 2022. Overall, exports showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.8 | 8.8 | 11.9 | 15.1 | 5.7% |
| Canada | 2.9 | N/A | N/A | 1.0 | -29.9% |
| Dominican Republic | 0.9 | 1.2 | 0.1 | 0.7 | -8.0% |
| Honduras | 0.2 | 0.6 | 0.3 | 0.2 | 0.0% |
| Others | 0.3 | 0.5 | N/A | 0.1 | -30.7% |
| Total | 17.0 | 11.1 | 12.3 | 17.1 | 0.2% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials from Mexico in 2022:
- United States (2606.2 tons)
- Canada (143.1 tons)
- Dominican Republic (83.2 tons)
- Honduras (25.8 tons)
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