Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in China - 2024
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in China (FOB) - 2022
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in China (CIF) - 2022
- Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in China
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in China
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in China (FOB) - 2022
The average export price for rubber stood at $4,726 per ton in 2022, growing by 33% against the previous year. Overall, the export price, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2016 when the average export price increased by 132%. As a result, the export price attained the peak level of $9,834 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($10,131 per ton), while the average price for exports to Vietnam ($2,008 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 Serbia (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in China (CIF) - 2022
In 2022, the average import price for rubber amounted to $10,633 per ton, falling by -8.5% against the previous year. In general, the import price showed a abrupt decline. The growth pace was the most rapid in 2017 when the average import price increased by 50% against the previous year. Over the period under review, average import prices hit record highs at $30,030 per ton in 2012; however, from 2013 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 France ($24,387 per ton), while the price for Thailand ($1,316 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in China
After three years of growth, shipments abroad of rubber decreased by -19% to 2.7K tons in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 48% against the previous year.
In value terms, exports of rubber expanded significantly to $13M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 20%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in years to come.
| Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 45.5 | 233 | 2,144 | 3,273 | 315.9% |
| Serbia | N/A | 884 | 878 | 1,646 | 36.5% |
| Vietnam | 2,562 | 2,144 | 1,414 | 1,544 | -15.5% |
| Taiwan (Chinese) | 629 | 1,045 | 1,491 | 917 | 13.4% |
| Malaysia | 557 | 474 | 753 | 748 | 10.3% |
| Djibouti | N/A | N/A | N/A | 635 | 0% |
| United States | 438 | 359 | 539 | 510 | 5.2% |
| Japan | 399 | 419 | 540 | 362 | -3.2% |
| Mexico | 111 | 328 | 348 | 338 | 44.9% |
| Australia | 76.9 | 45.0 | 220 | 230 | 44.1% |
| Saudi Arabia | 5.8 | 126 | 50.8 | 201 | 226.0% |
| Hong Kong SAR | 1,409 | 1,052 | 362 | 124 | -55.5% |
| United Arab Emirates | 533 | 560 | 35.0 | 29.2 | -62.0% |
| Others | 1,690 | 2,464 | 3,270 | 2,436 | 13.0% |
| Total | 8,457 | 10,133 | 12,045 | 12,992 | 15.4% |
Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from China in 2022:
- Vietnam (768.8 tons)
- Taiwan (Chinese) (383.5 tons)
- Thailand (323.0 tons)
- Malaysia (298.6 tons)
- Serbia (202.2 tons)
- Djibouti (127.5 tons)
- United States (68.5 tons)
- Japan (60.7 tons)
- Saudi Arabia (56.3 tons)
- Mexico (42.7 tons)
- Australia (42.0 tons)
- Hong Kong SAR (14.9 tons)
- United Arab Emirates (11.6 tons)
Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in China
In 2022, overseas purchases of rubber decreased by -22.2% to 1.1K tons, falling for the second year in a row after two years of growth. In general, imports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 27%. As a result, imports reached the peak of 1.5K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of rubber fell markedly to $12M in 2022. Over the period under review, imports showed a perceptible setback. The most prominent rate of growth was recorded in 2020 when imports increased by 18% against the previous year.
| Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.0 | 7.6 | 8.5 | 6.2 | 1.1% |
| France | 0.9 | 1.9 | 1.4 | 0.9 | 0.0% |
| Japan | 2.5 | 1.8 | 1.8 | 0.9 | -28.9% |
| Italy | 0.1 | 0.2 | 0.5 | 0.6 | 81.7% |
| Singapore | 0.7 | 0.5 | 0.8 | 0.5 | -10.6% |
| Thailand | 0.2 | 0.2 | 0.6 | 0.5 | 35.7% |
| Taiwan (Chinese) | 0.3 | 0.6 | 0.8 | 0.4 | 10.1% |
| Malaysia | 0.6 | 0.5 | 0.3 | 0.4 | -12.6% |
| Others | 1.6 | 1.9 | 1.9 | 1.4 | -4.4% |
| Total | 12.9 | 15.2 | 16.5 | 11.8 | -2.9% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to China in 2022:
- Thailand (406.9 tons)
- United States (405.9 tons)
- Japan (88.1 tons)
- Italy (47.1 tons)
- France (36.5 tons)
- Malaysia (36.3 tons)
- Singapore (26.7 tons)
- Taiwan (Chinese) (18.6 tons)
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