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

Contents:

  1. Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Sweden (CIF) - 2023
  2. Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Sweden (FOB) - 2022
  3. Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Sweden
  4. Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Sweden

Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Sweden (CIF) - 2023

The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $10,578 per ton in November 2023, picking up by 32% against the previous month. Over the period under review, the import price, however, saw a pronounced decline. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 95% m-o-m. The import price peaked at $14,740 per ton in November 2022; however, from December 2022 to November 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was India ($66,587 per ton), while the price for Turkey ($3,290 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+8.3%), 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 Sweden (FOB) - 2022

The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $6,245 per ton in 2022, reducing by -14.5% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 32% against the previous year. As a result, the export price attained the peak level of $7,867 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($99,621 per ton), while the average price for exports to India ($395 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+32.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses imported into Sweden surged to 4.2K tons, with an increase of 28% compared with the previous year. The total import volume increased at an average annual rate of +5.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained 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 $28M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +19.6% 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 +75.9% against 2020 indices. As a result, imports reached 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 Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7.79.310.810.09.1%
Poland0.1N/A0.37.5321.7%
Hungary4.13.34.35.812.3%
Netherlands1.51.32.02.010.1%
FranceN/AN/A0.20.6200.0%
Finland0.80.50.10.4-20.6%
Others1.91.21.11.3-11.9%
Total16.115.718.727.619.7%

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

  1. Germany (1390.9 tons)
  2. Poland (1079.7 tons)
  3. Hungary (1033.7 tons)
  4. Netherlands (254.4 tons)
  5. Finland (181.6 tons)
  6. France (97.9 tons)

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

In 2022, approx. 678 tons of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses were exported from Sweden; remaining constant against the previous year's figure. Overall, exports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 4.6%.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses dropped to $4.2M in 2022. Over the period under review, exports, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 5% against the previous year.

Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway2,0521,7821,5231,678-6.5%
Denmark4976025395875.7%
Germany27634747639412.6%
Finland1,051703568335-31.7%
Latvia82.750.697.619633.3%
United States89.71061591024.4%
Lithuania27.418.837.199.353.6%
India74.385.797.986.55.2%
Singapore15416932946.9-32.7%
Others9068441,117711-7.8%
Total5,2114,7084,9464,235-6.7%

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

  1. Norway (292.6 tons)
  2. India (218.9 tons)
  3. Denmark (48.4 tons)
  4. Finland (33.6 tons)
  5. Latvia (19.1 tons)
  6. Germany (19.0 tons)
  7. Lithuania (14.2 tons)
  8. United States (10.7 tons)
  9. Singapore (6.5 tons)

Source: IndexBox Market Intelligence Platform

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