Brazil - Synthetic Latex Rubber - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSynthetic Latex Rubber Price in Brazil - 2023
Contents:
- Synthetic Latex Rubber Price in Brazil (FOB) - 2023
- Synthetic Latex Rubber Price in Brazil (CIF) - 2022
- Synthetic Latex Rubber Exports in Brazil
- Synthetic Latex Rubber Imports in Brazil
Synthetic Latex Rubber Price in Brazil (FOB) - 2023
In July 2023, the average synthetic latex rubber export price amounted to $1,472 per ton, picking up by 11% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average export price increased by 11% month-to-month. As a result, the export price attained the peak level of $1,643 per ton. From January 2023 to July 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Mexico ($3,043 per ton), while the average price for exports to the United States ($1,227 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+0.8%), while the prices for the other major destinations experienced mixed trend patterns.
Synthetic Latex Rubber Price in Brazil (CIF) - 2022
In 2022, the average synthetic latex rubber import price amounted to $2,315 per ton, picking up by 32% against the previous year. Over the period under review, the import price, however, continues to indicate a mild contraction. The import price peaked at $2,753 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were France ($2,383 per ton) and the United States ($2,345 per ton), while the price for Italy ($2,058 per ton) and Russia ($2,074 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.2%), while the prices for the other major suppliers experienced a decline.
Synthetic Latex Rubber Exports in Brazil
In 2022, after three years of growth, there was significant decline in shipments abroad of synthetic latex rubber, when their volume decreased by -47.5% to 7.4K tons. Over the period under review, exports, however, saw a perceptible increase. The growth pace was the most rapid in 2021 with an increase of 78% against the previous year. As a result, the exports reached the peak of 14K tons, and then shrank rapidly in the following year.
In value terms, synthetic latex rubber exports contracted remarkably to $11M in 2022. Overall, exports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 159% against the previous year. As a result, the exports reached the peak of $23M, and then declined significantly in the following year.
| Export of Synthetic Latex Rubber in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 1.2 | 0.7 | 2.0 | 3.2 | 38.7% |
| United States | 1.4 | 1.1 | 6.4 | 3.1 | 30.3% |
| China | 3.8 | 1.9 | 2.2 | 2.0 | -19.3% |
| Malaysia | N/A | 4.7 | 11.2 | 0.8 | -58.7% |
| Paraguay | 0.3 | 0.2 | 0.5 | 0.7 | 32.6% |
| Mexico | 0.2 | 0.1 | 0.3 | 0.3 | 14.5% |
| Sri Lanka | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Others | 0.5 | 0.2 | 0.4 | 0.5 | 0.0% |
| Total | 7.4 | 8.9 | 23.1 | 11.0 | 14.1% |
Top Export Markets for Synthetic Latex Rubber from Brazil in 2022:
- United States (2189.1 tons)
- Argentina (2150.1 tons)
- China (1526.0 tons)
- Malaysia (562.0 tons)
- Paraguay (398.4 tons)
- Sri Lanka (207.8 tons)
- Mexico (112.2 tons)
Synthetic Latex Rubber Imports in Brazil
In 2022, imports of synthetic latex rubber into Brazil expanded to 10K tons, growing by 4.8% compared with 2021 figures. The total import volume increased at an average annual rate of +6.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 11%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, synthetic latex rubber imports soared to $23M in 2022. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Synthetic Latex Rubber in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.0 | 7.1 | 8.1 | 15.3 | 24.1% |
| Germany | 2.1 | 1.9 | 2.7 | 3.6 | 19.7% |
| France | 1.3 | 0.4 | 1.1 | 1.1 | -5.4% |
| Italy | 0.1 | 0.7 | 2.2 | 1.0 | 115.4% |
| India | 1.1 | 1.5 | 0.2 | 0.5 | -23.1% |
| Russia | N/A | N/A | 0.3 | 0.3 | 0.0% |
| Finland | N/A | N/A | 0.4 | N/A | 0% |
| Others | 0.9 | 0.7 | 1.8 | 1.3 | 13.0% |
| Total | 13.4 | 12.3 | 16.9 | 23.3 | 20.2% |
Top Suppliers of Synthetic Latex Rubber to Brazil in 2022:
- United States (6.5K tons)
- Germany (1.7K tons)
- Italy (0.5K tons)
- France (0.5K tons)
- India (0.2K tons)
- Russia (0.2K tons)
This report provides an in-depth analysis of the synthetic latex rubber market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20171050 - Synthetic latex rubber
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In February 2023, the synthetic rubber price stood at $2,531 per ton (CIF, Brazil), declining by -7.8% against the previous month.
312
Discover the top import markets for synthetic latex rubber and their key statistics. Malaysia, China, and Thailand lead the way, according to IndexBox data.
1389
In 2016, the amount of synthetic rubber imported worldwide amounted to X tons, approximately mirroring the previous year level. The total import volume increased at an average annual rate of +X>
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In 2016, the amount of synthetic rubber imported worldwide amounted to X tons, approximately mirroring the previous year level. The total import volume increased at an average annual rate of +X>
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397
In February 2023, the synthetic rubber price stood at $2,531 per ton (CIF, Brazil), declining by -7.8% against the previous month.
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Discover the top import markets for synthetic latex rubber and their key statistics. Malaysia, China, and Thailand lead the way, according to IndexBox data.
1389
In 2016, the amount of synthetic rubber imported worldwide amounted to X tons, approximately mirroring the previous year level. The total import volume increased at an average annual rate of +X>
1335
In 2016, the amount of synthetic rubber imported worldwide amounted to X tons, approximately mirroring the previous year level. The total import volume increased at an average annual rate of +X>
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Discover the top import markets for synthetic rubber (excluding latex) with key statistics and analysis. Learn about the leading countries driving the demand for synthetic rubber. Read more on IndexBox market intelligence platform.
