Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Slovakia - 2023

Contents:

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

Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Slovakia (CIF) - 2022

The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $2,661 per ton in 2022, dropping by -72.8% against the previous year. Over the period under review, the import price, however, showed a strong expansion. The most prominent rate of growth was recorded in 2013 an increase of 315% against the previous year. Over the period under review, average import prices attained the maximum at $11,377 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($12,903 per ton), while the price for Serbia ($1,539 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.8%), 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 Metal in Slovakia (FOB) - 2022

In 2022, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $4,050 per ton, reducing by -18.5% against the previous year. Over the period under review, the export price saw a perceptible contraction. The growth pace was the most rapid in 2019 an increase of 23%. The export price peaked at $6,012 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($3,765 per ton), while the average price for exports to Poland stood at $3,328 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (-0.5%), while the prices for the other major destinations experienced a decline.

Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Slovakia

In 2022, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals into Slovakia skyrocketed to 461 tons, growing by 84% compared with 2021. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 159%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals dropped rapidly to $1.2M in 2022. Over the period under review, imports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2020 when imports increased by 161% against the previous year. As a result, imports reached the peak of $4M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia19618052.259845.0%
Czech Republic21315419931213.6%
Germany1971,1571,026175-3.9%
Poland35.976.325216.1-23.5%
HungaryN/A11.41948.9-11.6%
Sweden7242,305582N/A-10.3%
Others165115147118-10.6%
Total1,5313,9982,4521,228-7.1%

Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal to Slovakia in 2022:

  1. Serbia (388.8 tons)
  2. Czech Republic (52.4 tons)
  3. Germany (13.6 tons)
  4. Poland (2.5 tons)
  5. Hungary (0.4 tons)

Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Slovakia

For the third year in a row, Slovakia recorded decline in shipments abroad of rubber; vulcanised, conveyor belts or belting, reinforced only with metals, which decreased by -66.3% to 141 tons in 2022. In general, exports saw a dramatic descent. The smallest decline of -36% was in 2020.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals reduced dramatically to $570K in 2022. Over the period under review, exports faced a dramatic downturn. The smallest decline of -27.7% was in 2020.

Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic0.5N/A0.10.3-15.7%
Poland0.30.2N/A0.2-12.6%
South Africa1.90.2N/AN/A-89.5%
Ukraine4.04.32.0N/A-29.3%
OthersN/A0.2N/A0.1-29.3%
Total6.84.92.10.6-55.5%

Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal from Slovakia in 2022:

  1. Czech Republic (89.6 tons)
  2. Poland (51.1 tons)

Source: IndexBox Market Intelligence Platform

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