Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Bulgaria - 2023
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Bulgaria (CIF) - 2023
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Bulgaria (FOB) - 2022
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Bulgaria
- Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Bulgaria
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Bulgaria (CIF) - 2023
In December 2023, the average import price for rubber amounted to $9,265 per ton, picking up by 39% against the previous month. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in September 2023 when the average import price increased by 171% against the previous month. The import price peaked at $10,702 per ton in January 2023; however, from February 2023 to December 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Italy ($36,219 per ton), while the price for Greece ($2,039 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Greece (+5.4%), while the prices for the other major suppliers experienced a decline.
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Bulgaria (FOB) - 2022
The average export price for rubber stood at $14,835 per ton in 2022, growing by 29% against the previous year. In general, the export price posted a prominent expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 102% against the previous year. The export price peaked at $35,837 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($47,922 per ton), while the average price for exports to North Macedonia ($11,379 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 Italy (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Bulgaria
In 2022, approx. 320 tons of rubber were imported into Bulgaria; picking up by 31% compared with 2021 figures. Over the period under review, imports continue to indicate a mild increase.
In value terms, imports of rubber expanded to $2.3M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.9% 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 +51.8% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 28% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 454 | 1,005 | 1,128 | 1,370 | 44.5% |
| Germany | 707 | 565 | 596 | 353 | -20.7% |
| Greece | 124 | 108 | 170 | 197 | 16.7% |
| Turkey | 29.9 | 62.2 | 95.2 | 70.3 | 33.0% |
| China | 10.5 | 22.7 | 16.8 | 60.6 | 79.4% |
| Others | 178 | 167 | 225 | 231 | 9.1% |
| Total | 1,504 | 1,930 | 2,231 | 2,282 | 14.9% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Bulgaria in 2022:
- Greece (115.6 tons)
- Germany (82.9 tons)
- Italy (58.6 tons)
- China (41.0 tons)
- Turkey (14.5 tons)
Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Bulgaria
In 2022, after two years of decline, there was significant growth in overseas shipments of rubber, when their volume increased by 1,538% to 15 tons. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of rubber soared to $215K in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 130 | 0% |
| Austria | N/A | N/A | N/A | 50.7 | 0% |
| Poland | N/A | 17.3 | N/A | 18.2 | 2.6% |
| Hungary | 0.7 | N/A | N/A | N/A | 0% |
| United Kingdom | 22.6 | N/A | N/A | N/A | 0% |
| Singapore | 6.6 | N/A | N/A | N/A | 0% |
| Georgia | N/A | 24.9 | N/A | N/A | 0% |
| Others | 19.1 | 32.6 | 10.2 | 16.4 | -5.0% |
| Total | 48.9 | 74.8 | 10.2 | 215 | 63.8% |
Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from Bulgaria in 2022:
- Germany (11.2 tons)
- Poland (1.5 tons)
- Austria (1.1 tons)
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