Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Myanmar - 2023
Contents:
- Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Myanmar (FOB) - 2022
- Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Myanmar (CIF) - 2022
- Exports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Myanmar
- Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Myanmar
Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Myanmar (FOB) - 2022
In 2022, the average export price for rubber; natural (excluding latex), in smoked sheetses amounted to $1,555 per ton, which is down by -18.2% against the previous year. Overall, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2020 an increase of 13% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,408 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Thailand ($2,183 per ton) and India ($1,706 per ton), while the average price for exports to Malaysia ($1,471 per ton) and China ($1,557 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (-4.4%), while the prices for the other major destinations experienced a decline.
Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Myanmar (CIF) - 2022
In 2022, the average import price for rubber; natural (excluding latex), in smoked sheetses amounted to $3,903 per ton, jumping by 94% against the previous year. Overall, the import price showed strong growth. The pace of growth appeared the most rapid in 2013 an increase of 105% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($8,073 per ton), while the price for China stood at $1,931 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-4.1%).
Exports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Myanmar
For the fourth consecutive year, Myanmar recorded growth in overseas shipments of rubber; natural (excluding latex), in smoked sheetses, which increased by 3.3% to 139K tons in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +17.2% 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 +60.9% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 31%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of rubber; natural (excluding latex), in smoked sheetses reduced notably to $216M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.9% 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 +59.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. As a result, the exports attained the peak of $255M, and then declined sharply in the following year.
| Export of Rubber; Natural (Excluding Latex), in Smoked Sheets in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 80.0 | 127 | 123 | 98.1 | 7.0% |
| Malaysia | 34.9 | 34.2 | 102 | 91.7 | 38.0% |
| Thailand | 5.8 | 3.2 | 8.2 | 14.4 | 35.4% |
| India | 10.0 | 9.6 | 13.2 | 4.7 | -22.3% |
| Vietnam | 3.2 | 4.0 | 0.7 | 1.2 | -27.9% |
| Others | 1.0 | 4.1 | 8.2 | 5.6 | 77.6% |
| Total | 135 | 182 | 255 | 216 | 17.0% |
Top Export Markets for Rubber; Natural (Excluding Latex), in Smoked Sheets from Myanmar in 2022:
- China (63.0K tons)
- Malaysia (62.3K tons)
- Thailand (6.6K tons)
- India (2.7K tons)
- Vietnam (0.7K tons)
Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Myanmar
In 2022, supplies from abroad of rubber; natural (excluding latex), in smoked sheetses decreased by 99.9% to 299 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports saw a sharp decline. The growth pace was the most rapid in 2021 with an increase of 1,809%. As a result, imports attained the peak of 1.1K tons, and then shrank rapidly in the following year.
In value terms, imports of rubber; natural (excluding latex), in smoked sheetses reduced dramatically to $1.2K in 2022. Over the period under review, imports continue to indicate a sharp contraction. The pace of growth was the most pronounced in 2021 with an increase of 2,302%. As a result, imports reached the peak of $2.2M, and then shrank notably in the following year.
| Import of Rubber; Natural (Excluding Latex), in Smoked Sheets in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 0.8 | 0% |
| China | N/A | N/A | 2,174 | 0.4 | -100.0% |
| Vietnam | 29.9 | 92.1 | 37.2 | N/A | 11.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 29.9 | 92.1 | 2,211 | 1.2 | -65.8% |
Top Suppliers of Rubber; Natural (Excluding Latex), in Smoked Sheets to Myanmar in 2022:
- China (203.0 kg)
- United States (96.0 kg)
681
This report provides an in-depth analysis of the market for natural rubber and gum in Myanmar.
2655
This report provides an in-depth analysis of the global market for natural rubber and gum.
681
This report provides an in-depth analysis of the market for natural rubber and gum in Myanmar.
2655
This report provides an in-depth analysis of the global market for natural rubber and gum.
774
In the beginning of 2021, demand for natural rubber spiked and prices for rubber increased due to a quick rebound in China’s tire manufacturing and the heightened need for latex gloves during the pandemic. Rubber production is projected to climb up this year in line with rising demand, slowing down the price growth. There is a risk that droughts in Malaysia, Thailand and Indonesia will create a supply shortage in the market and enable the prices to soar again.
945
The global natural rubber and gum market amounted to $25.2B in 2019, therefore, remained relatively stable against...
990
In value terms, natural rubber, balata, gutta-percha, guayule imports stood at $X in 2016. In general, natural rubber, balata, gutta-percha, guayule imports continue to indicate a measured decline. ...
1400
In value terms, natural rubber, balata, gutta-percha, guayule exports stood at $X in 2016. Overall, natural rubber, balata, gutta-percha, guayule exports continue to indicate a significant deduction...
2839
Global natural rubber and gum consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
1132
In 2015, the countries with the highest levels of production were Thailand (X thousand tons), Indonesia (X thousand tons), Vietnam (X thousand tons), together accounting for X% of total output.
1702
Despite a drop in exports in 2014, Thailand continues to lead the way in the global natural rubber and gum trade. In 2014, Thailand exported X thousand tons of natural rubber and gums totaling X million USD, X% under the previous year. Its p
774
In the beginning of 2021, demand for natural rubber spiked and prices for rubber increased due to a quick rebound in China’s tire manufacturing and the heightened need for latex gloves during the pandemic. Rubber production is projected to climb up this year in line with rising demand, slowing down the price growth. There is a risk that droughts in Malaysia, Thailand and Indonesia will create a supply shortage in the market and enable the prices to soar again.
945
The global natural rubber and gum market amounted to $25.2B in 2019, therefore, remained relatively stable against...
990
In value terms, natural rubber, balata, gutta-percha, guayule imports stood at $X in 2016. In general, natural rubber, balata, gutta-percha, guayule imports continue to indicate a measured decline. ...
