Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Luxembourg - 2023
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Luxembourg (CIF) - 2022
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Luxembourg (FOB) - 2022
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Luxembourg
- Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Luxembourg
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Luxembourg (CIF) - 2022
In 2022, the average import price for rubber amounted to $11,351 per ton, reducing by -37% against the previous year. Over the period under review, the import price continues to indicate a mild downturn. The growth pace was the most rapid in 2019 an increase of 37% against the previous year. The import price peaked at $18,015 per ton in 2021, and then shrank dramatically in the following year.
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 France ($29,551 per ton), while the price for the Netherlands ($5,289 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Luxembourg (FOB) - 2022
In 2022, the average export price for rubber amounted to $12,467 per ton, reducing by -35.6% against the previous year. Over the period under review, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 255%. The export price peaked at $60,279 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
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 Slovenia ($45,200 per ton), while the average price for exports to the United States ($5,000 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 Slovenia (+40.4%), 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 Luxembourg
Imports of rubber into Luxembourg contracted to 17 tons in 2022, with a decrease of -7.9% compared with the year before. Over the period under review, imports continue to indicate a abrupt setback. The smallest decline of -0.4% was in 2021.
In value terms, imports of rubber fell rapidly to $190K in 2022. In general, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2020 with an increase of 22% against the previous year.
Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 37.2 | 97.9 | 133 | 72.2 | 24.7% |
Germany | 38.6 | 149 | 131 | 70.2 | 22.1% |
France | 48.4 | 15.2 | 20.0 | 21.2 | -24.1% |
Denmark | N/A | N/A | 5.0 | 6.4 | 28.0% |
Netherlands | 0.9 | 1.0 | 3.6 | 4.7 | 73.5% |
Turkey | 0.9 | 4.4 | 8.7 | 3.5 | 57.3% |
China | 7.4 | 4.4 | 2.4 | 2.5 | -30.4% |
Italy | 34.9 | N/A | 10.8 | 0.4 | -77.5% |
Poland | 21.8 | 0.3 | 0.6 | 0.3 | -76.0% |
Others | 53.8 | 25.4 | 11.4 | 8.5 | -45.9% |
Total | 244 | 297 | 327 | 190 | -8.0% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Luxembourg in 2022:
- Belgium (6.4 tons)
- Germany (3.4 tons)
- Netherlands (0.9 tons)
- Denmark (0.9 tons)
- France (0.7 tons)
- China (0.3 tons)
- Turkey (0.2 tons)
Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Luxembourg
In 2022, exports of rubber from Luxembourg rose notably to 5.1 tons, with an increase of 9% against 2021. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 148% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of rubber dropped significantly to $64K in 2022. Overall, exports, however, recorded a perceptible contraction. The growth pace was the most rapid in 2021 with an increase of 135%. As a result, the exports reached the peak of $91K, and then fell notably in the following year.
Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Slovenia | N/A | 1.7 | 14.7 | 22.2 | 261.4% |
Germany | 34.3 | 13.8 | 18.2 | 14.0 | -25.8% |
France | 7.9 | 3.2 | 7.0 | 4.3 | -18.4% |
Netherlands | 0.5 | 0.4 | 1.0 | 3.7 | 94.9% |
United Kingdom | 1.7 | 3.5 | 4.6 | 2.9 | 19.5% |
Belgium | 1.8 | 4.4 | 2.7 | 2.9 | 17.2% |
Austria | 0.2 | 1.0 | 9.8 | 2.6 | 135.1% |
Qatar | N/A | N/A | N/A | 1.5 | 0% |
Italy | 2.2 | 3.2 | 17.0 | 1.5 | -12.0% |
Poland | 0.7 | 1.0 | 0.8 | 0.9 | 8.7% |
Spain | 0.3 | 2.2 | 2.0 | 0.4 | 10.1% |
Russia | 0.1 | 0.1 | 9.1 | N/A | 853.9% |
Norway | 9.9 | 0.1 | N/A | N/A | -99.0% |
Others | 8.8 | 4.1 | 3.7 | 6.8 | -8.2% |
Total | 68.6 | 38.6 | 90.7 | 63.6 | -2.5% |
Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from Luxembourg in 2022:
- Germany (788.0 kg)
- Slovenia (491.0 kg)
- Netherlands (398.0 kg)
- France (326.0 kg)
- Belgium (235.0 kg)
- Qatar (214.0 kg)
- United Kingdom (184.0 kg)
- Poland (164.0 kg)
- Italy (144.0 kg)
- Austria (120.0 kg)
- Spain (21.0 kg)
- Norway (1.0 kg)
- Russia (1.0 kg)
This report provides an in-depth analysis of the unvulcanized rubber market in Luxembourg.
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