Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Greece - 2023

Contents:

1. Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Greece (CIF) - 2023
2. Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Greece (FOB) - 2022
3. Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Greece
4. Exports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Greece

Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Greece (CIF) - 2023

The average import price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips stood at $3,231 per ton in December 2023, which is down by -8.5% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 60% m-o-m. The import price peaked at $4,287 per ton in April 2023; however, from May 2023 to December 2023, import prices remained at a 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 the Czech Republic ($57.3M per ton), while the price for Italy ($2,865 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 the Czech Republic (+203.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Greece (FOB) - 2022

In 2022, the average export price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips amounted to $762 per ton, picking up by 119% against the previous year. Overall, the export price, however, saw a deep reduction. Over the period under review, the average export prices attained the peak figure at $3,495 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Malta ($4,815 per ton), while the average price for exports to Romania ($341 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 Kosovo (+39.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Greece

In 2022, approx. 3.8K tons of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips were imported into Greece; rising by 63% compared with the year before. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.4% 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 +78.9% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips soared to $12M in 2022. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip to Greece in 2022:

1. Bulgaria (1419.5 tons)
2. Italy (1212.6 tons)
3. Netherlands (513.4 tons)
4. Czech Republic (201.4 tons)
5. Turkey (170.5 tons)
6. Germany (149.0 tons)

Exports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Greece

In 2022, shipments abroad of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips decreased by -62.1% to 738 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by 239%.

In value terms, exports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips fell notably to $563K in 2022. Over the period under review, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 17%. As a result, the exports reached the peak of $679K, and then declined sharply in the following year.

Top Export Markets for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip from Greece in 2022:

1. Romania (379.9 tons)
2. France (153.6 tons)
3. Bulgaria (78.1 tons)
4. Denmark (68.8 tons)
5. Kosovo (25.0 tons)
6. Cyprus (15.7 tons)
7. Italy (6.5 tons)

Source: IndexBox Market Intelligence Platform