Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Vietnam - 2022
Contents:
- Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Vietnam (FOB) - 2022
- Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Vietnam (CIF) - 2022
- Exports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Vietnam
- Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Vietnam
Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Vietnam (FOB) - 2022
In December 2022, the average export price for rubber; natural (excluding latex), in smoked sheetses amounted to $1,462 per ton, with a decrease of -1.8% against the previous month. Overall, the export price saw a pronounced downturn. The most prominent rate of growth was recorded in April 2022 an increase of 2.4% month-to-month. The export price peaked at $2,063 per ton in May 2022; however, from June 2022 to December 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In December 2022, the countries with the highest prices were Peru ($1,520 per ton) and Chile ($1,520 per ton), while the average price for exports to China ($1,408 per ton) and Bangladesh ($1,420 per ton) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-1.8%), while the prices for the other major destinations experienced a decline.
Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Vietnam (CIF) - 2022
The average import price for rubber; natural (excluding latex), in smoked sheetses stood at $1,364 per ton in December 2022, remaining stable against the previous month. Overall, the import price, however, showed a perceptible decline. The most prominent rate of growth was recorded in February 2022 an increase of 3.2% month-to-month. The import price peaked at $1,827 per ton in March 2022; however, from April 2022 to December 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Thailand ($3,660 per ton), while the price for Cambodia ($1,352 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Thailand (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Vietnam
In 2022, exports of rubber; natural (excluding latex), in smoked sheetses from Vietnam shrank to 71K tons, which is down by -6.8% compared with 2021. Overall, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 14% against the previous year.
In value terms, exports of rubber; natural (excluding latex), in smoked sheetses fell remarkably to $127M in 2022. In general, exports saw a pronounced slump. The pace of growth was the most pronounced in 2021 with an increase of 44%. As a result, the exports attained the peak of $151M, and then declined remarkably in the following year.
| Export of Rubber; Natural (Excluding Latex), in Smoked Sheets in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 40.8 | 19.9 | 28.9 | 29.3 | -10.4% |
| China | 31.1 | 29.8 | 27.7 | 25.9 | -5.9% |
| Turkey | 9.7 | 11.5 | 15.8 | 17.4 | 21.5% |
| Sri Lanka | 9.2 | 5.7 | 18.0 | 9.0 | -0.7% |
| Bangladesh | 12.8 | 6.4 | 9.2 | 7.8 | -15.2% |
| United States | 8.1 | 6.1 | 7.0 | 7.4 | -3.0% |
| South Korea | 3.0 | 2.4 | 8.3 | 5.3 | 20.9% |
| Pakistan | 3.1 | 3.1 | 9.3 | 3.5 | 4.1% |
| Taiwan (Chinese) | 3.0 | 3.7 | 4.5 | 3.2 | 2.2% |
| Egypt | 1.0 | 2.2 | 2.4 | 2.8 | 40.9% |
| Brazil | 1.8 | 2.5 | 2.8 | 2.4 | 10.1% |
| Germany | 2.1 | 1.1 | 1.9 | 2.1 | 0.0% |
| Peru | 1.7 | 1.8 | 2.2 | 2.0 | 5.6% |
| Others | 9.2 | 8.3 | 12.6 | 8.9 | -1.1% |
| Total | 137 | 105 | 151 | 127 | -2.5% |
Top Export Markets for Rubber; Natural (Excluding Latex), in Smoked Sheets from Vietnam in 2022:
- India (16.1K tons)
- China (15.5K tons)
- Turkey (9.2K tons)
- Sri Lanka (4.5K tons)
- Bangladesh (4.3K tons)
- United States (4.2K tons)
- South Korea (2.9K tons)
- Pakistan (1.9K tons)
- Taiwan (Chinese) (1.8K tons)
- Egypt (1.5K tons)
- Brazil (1.4K tons)
- Germany (1.2K tons)
- Peru (1.1K tons)
Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Vietnam
In 2022, the amount of rubber; natural (excluding latex), in smoked sheetses imported into Vietnam surged to 22K tons, picking up by 54% against the year before. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -6.3% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 60% against the previous year. As a result, imports attained the peak of 23K 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 skyrocketed to $36M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +19.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 56% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Rubber; Natural (Excluding Latex), in Smoked Sheets in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 10.0 | 22.1 | 20.0 | 29.0 | 42.6% |
| Indonesia | 0.2 | 1.8 | 1.6 | 2.1 | 119.0% |
| Thailand | 6.3 | 3.6 | 2.5 | 1.9 | -32.9% |
| Lao People's Democratic Republic | 1.5 | 0.6 | 1.2 | 1.5 | 0.0% |
| Myanmar | 3.1 | 4.3 | 0.7 | 1.4 | -23.3% |
| Others | N/A | 0.4 | N/A | N/A | 0% |
| Total | 21.1 | 32.8 | 26.0 | 35.9 | 19.4% |
Top Suppliers of Rubber; Natural (Excluding Latex), in Smoked Sheets to Vietnam in 2022:
- Cambodia (18.3K tons)
- Indonesia (1.1K tons)
- Thailand (1.0K tons)
- Lao People's Democratic Republic (0.9K tons)
- Myanmar (0.7K tons)
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