Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Romania - 2023
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Romania (FOB) - 2023
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Romania (CIF) - 2022
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Romania
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Romania
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Romania (FOB) - 2023
The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $3,449 per ton in November 2023, declining by -2.7% against the previous month. Overall, the export price showed a slight shrinkage. The pace of growth was the most pronounced in August 2023 an increase of 14% m-o-m. Over the period under review, the average export prices attained the maximum at $4,286 per ton in December 2022; however, from January 2023 to November 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($6,206 per ton), while the average price for exports to Poland ($2,319 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Romania (CIF) - 2022
The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $4,213 per ton in 2022, which is down by -8.4% against the previous year. In general, the import price continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2018 an increase of 38%. The import price peaked at $6,840 per ton in 2019; however, from 2020 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 Germany ($13,228 per ton), while the price for Turkey ($1,839 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Romania
In 2022, approx. 7.1K tons of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses were exported from Romania; with an increase of 4.4% on 2021. Overall, exports saw a slight increase. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses expanded significantly to $25M in 2022. The total export value increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.0 | 4.5 | 7.3 | 8.1 | 5.0% |
| Spain | 4.2 | 3.3 | 4.8 | 5.7 | 10.7% |
| Netherlands | 2.2 | 2.1 | 2.1 | 3.4 | 15.6% |
| United Kingdom | 2.3 | 2.8 | 3.3 | 1.9 | -6.2% |
| Italy | 0.9 | 0.9 | 1.4 | 1.7 | 23.6% |
| France | 2.8 | 1.6 | 2.7 | 1.1 | -26.8% |
| Nigeria | 0.3 | N/A | N/A | 0.9 | 44.2% |
| Finland | 0.7 | 0.3 | 0.5 | 0.5 | -10.6% |
| Others | 1.7 | 1.5 | 2.0 | 2.1 | 7.3% |
| Total | 22.1 | 17.0 | 24.1 | 25.4 | 4.7% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials from Romania in 2022:
- Germany (2330.3 tons)
- Spain (1808.2 tons)
- Netherlands (727.1 tons)
- Italy (562.9 tons)
- United Kingdom (421.5 tons)
- France (355.8 tons)
- Nigeria (222.6 tons)
- Finland (132.6 tons)
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Romania
For the fourth year in a row, Romania recorded growth in overseas purchases of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses, which increased by 30% to 1.4K tons in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 123%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses surged to $6.1M in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 133%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 48.2 | 152 | 609 | 2,041 | 248.6% |
| Hungary | 778 | 593 | 1,672 | 1,723 | 30.3% |
| China | 39.1 | 159 | 604 | 547 | 141.0% |
| Italy | 56.8 | 190 | 398 | 447 | 98.9% |
| Germany | 384 | 264 | 469 | 445 | 5.0% |
| Netherlands | 173 | 492 | 896 | 374 | 29.3% |
| Turkey | 68.9 | 141 | 137 | 98.5 | 12.7% |
| Others | 175 | 198 | 308 | 395 | 31.2% |
| Total | 1,724 | 2,188 | 5,094 | 6,070 | 52.1% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials to Romania in 2022:
- Hungary (511.9 tons)
- China (295.7 tons)
- Poland (258.6 tons)
- Netherlands (130.3 tons)
- Italy (119.1 tons)
- Turkey (53.6 tons)
- Germany (33.7 tons)
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