Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in the Philippines - 2023
Contents:
- Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in the Philippines (CIF) - 2022
- Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in the Philippines (FOB) - 2022
- Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in the Philippines
- Exports of Rubber; Natural (Excluding Latex), in Smoked Sheets in the Philippines
Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in the Philippines (CIF) - 2022
The average import price for rubber; natural (excluding latex), in smoked sheetses stood at $33,196 per ton in 2022, waning by -16% against the previous year. Over the period under review, the import price, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 an increase of 1,942% against the previous year. As a result, import price reached the peak level of $39,538 per ton, and then fell sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($45,556 per ton), while the price for Thailand ($4,917 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+25.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in the Philippines (FOB) - 2022
The average export price for rubber; natural (excluding latex), in smoked sheetses stood at $1,550 per ton in 2022, surging by 4.1% against the previous year. Overall, the export price, however, saw a abrupt decline. The growth pace was the most rapid in 2021 an increase of 8%. The export price peaked at $2,800 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Malaysia.
From 2012 to 2022, the rate of growth in terms of prices for Israel amounted to +16.0% per year.
Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in the Philippines
In 2022, purchases abroad of rubber; natural (excluding latex), in smoked sheetses decreased by -41.9% to 7.2 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 5,885% against the previous year. As a result, imports attained the peak of 810 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of rubber; natural (excluding latex), in smoked sheetses shrank significantly to $239K in 2022. Overall, imports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2020 with an increase of 873%. As a result, imports reached the peak of $1.6M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Rubber; Natural (Excluding Latex), in Smoked Sheets in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 96.1 | 369 | 393 | 183 | 23.9% |
| China | 0.4 | N/A | 51.4 | 56.3 | 420.2% |
| Indonesia | 15.8 | 1,200 | N/A | N/A | 7494.9% |
| Others | 48.9 | 0.1 | 47.0 | 0.2 | -84.0% |
| Total | 161 | 1,569 | 491 | 239 | 14.1% |
Top Suppliers of Rubber; Natural (Excluding Latex), in Smoked Sheets to the Philippines in 2022:
- Japan (4.0 tons)
- China (3.2 tons)
Exports of Rubber; Natural (Excluding Latex), in Smoked Sheets in the Philippines
For the third consecutive year, the Philippines recorded decline in shipments abroad of rubber; natural (excluding latex), in smoked sheetses, which decreased by -55.2% to 122 tons in 2022. Overall, exports saw a sharp shrinkage. The smallest decline of -38.8% was in 2021.
In value terms, exports of rubber; natural (excluding latex), in smoked sheetses declined markedly to $190K in 2022. In general, exports recorded a precipitous curtailment. The smallest decline of -33.9% was in 2021.
| Export of Rubber; Natural (Excluding Latex), in Smoked Sheets in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 1,019 | 615 | 407 | 190 | -42.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,019 | 615 | 407 | 190 | -42.9% |
Top Export Markets for Rubber; Natural (Excluding Latex), in Smoked Sheets from the Philippines in 2022:
- Malaysia (122.3 tons)
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