Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Jordan - 2022
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Jordan (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Jordan (FOB) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Jordan
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Jordan
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Jordan (CIF) - 2022
In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $5,587 per ton, jumping by 18% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses increased by +102.3% against 2018 indices. The pace of growth was the most pronounced in 2019 an increase of 57% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($5,486 per ton) and India ($5,486 per ton), while the price for Hungary ($5,486 per ton) and South Korea ($5,486 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+18.6%), 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 Jordan (FOB) - 2022
The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $4,671 per ton in 2022, reducing by -44.7% against the previous year. Over the period under review, the export price, however, showed a tangible expansion. The growth pace was the most rapid in 2013 when the average export price increased by 70% against the previous year. The export price peaked at $16,527 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Free Zones.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +34.5% per year.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Jordan
After three years of growth, overseas purchases of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses decreased by -63.7% to 608 tons in 2022. Overall, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 314% against the previous year. As a result, imports attained the peak of 1.7K tons, and then shrank notably in the following year.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses shrank remarkably to $3.4M in 2022. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 307% against the previous year. As a result, imports reached the peak of $7.9M, and then fell markedly in the following year.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 86.1 | 80.5 | 2,065 | 1,642 | 167.2% |
| Hungary | 11.2 | 43.4 | 318 | 658 | 288.7% |
| Netherlands | 204 | 302 | 958 | 604 | 43.6% |
| China | 21.0 | 5.7 | 92.1 | 141 | 88.7% |
| Italy | 74.1 | 64.8 | 173 | 57.5 | -8.1% |
| India | 25.9 | 13.4 | 96.4 | 53.7 | 27.5% |
| South Korea | 10.2 | 37.7 | 106 | 51.1 | 71.1% |
| Japan | 95.6 | 87.5 | 426 | N/A | 111.1% |
| Others | 614 | 1,307 | 3,668 | 186 | -32.8% |
| Total | 1,142 | 1,942 | 7,902 | 3,395 | 43.8% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials to Jordan in 2022:
- Turkey (299.4 tons)
- Hungary (120.0 tons)
- Netherlands (110.1 tons)
- China (25.8 tons)
- Italy (10.5 tons)
- India (9.8 tons)
- South Korea (9.3 tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Jordan
In 2022, approx. 23 tons of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses were exported from Jordan; surging by 36% compared with the previous year. Overall, exports continue to indicate a buoyant increase. The growth pace was the most rapid in 2021 when exports increased by 57% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses shrank dramatically to $105K in 2022. Over the period under review, exports, however, recorded a deep reduction. The smallest decline of -6.4% was in 2020.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 61.0 | 173 | 138 | 105 | 19.8% |
| Italy | 62.1 | N/A | N/A | N/A | 0% |
| Others | 63.1 | 1.6 | 1.9 | N/A | -82.6% |
| Total | 186 | 174 | 140 | 105 | -17.4% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials from Jordan in 2022:
- Free Zones (22.5 tons)
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