Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Brazil - 2024

Contents:

  1. Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Brazil (CIF) - 2022
  2. Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Brazil (FOB) - 2022
  3. Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Brazil
  4. Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Brazil

Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Brazil (CIF) - 2022

The average import price for rubber stood at $9,520 per ton in 2022, increasing by 3.7% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for rubber increased by +93.3% against 2018 indices. The pace of growth appeared the most rapid in 2021 an increase of 48% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($28,764 per ton), while the price for Poland ($2,523 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Brazil (FOB) - 2022

The average export price for rubber stood at $12,315 per ton in 2022, jumping by 46% against the previous year. Overall, the export price, however, continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 an increase of 232% against the previous year. The export price peaked at $31,103 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($19,600 per ton), while the average price for exports to Paraguay ($5,952 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 Paraguay (-1.9%), while the prices for the other major destinations experienced a decline.

Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Brazil

In 2022, approx. 1.7K tons of rubber were imported into Brazil; growing by 9.1% on the year before. The total import volume increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of rubber expanded notably to $16M in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 64% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.02.45.46.245.8%
Italy0.91.42.01.826.0%
United States0.80.81.01.523.3%
China1.92.11.81.3-11.9%
Argentina0.20.40.50.858.7%
Mexico0.50.20.60.711.9%
PolandN/AN/A0.40.775.0%
Others1.41.12.32.826.0%
Total7.78.514.015.827.1%

Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Brazil in 2022:

  1. Germany (637.6 tons)
  2. Poland (271.9 tons)
  3. Argentina (222.4 tons)
  4. China (186.3 tons)
  5. Italy (93.6 tons)
  6. United States (51.8 tons)
  7. Mexico (25.2 tons)

Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Brazil

Exports of rubber from Brazil reached 85 tons in 2022, rising by 2.9% against the year before. Over the period under review, exports, however, continue to indicate a precipitous decrease. The growth pace was the most rapid in 2020 with an increase of 24% against the previous year. As a result, the exports attained the peak of 210 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of rubber surged to $1.1M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.6% 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 +96.8% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina12593.830549958.6%
Paraguay226195144181-7.1%
Bolivia21.711.224.670.047.8%
Ecuador10.012.416.363.284.9%
Panama54.64.521.743.2-7.5%
Mexico19.310.79.033.420.1%
Guatemala47.822.525.330.7-13.7%
Uruguay21.123.529.328.510.5%
United States16.219.311.913.9-5.0%
Costa Rica17.910.810.77.1-26.5%
Nicaragua1241.30.51.1-79.3%
Guyana1.99.7N/AN/A410.5%
Others11412010280.6-10.9%
Total7995357011,0529.6%

Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from Brazil in 2022:

  1. Argentina (53.3 tons)
  2. Paraguay (30.5 tons)
  3. Bolivia (5.9 tons)
  4. Ecuador (5.0 tons)
  5. Panama (3.5 tons)
  6. Mexico (3.0 tons)
  7. Uruguay (2.9 tons)
  8. Guatemala (2.8 tons)
  9. United States (1.9 tons)
  10. Costa Rica (0.8 tons)
  11. Nicaragua (0.1 tons)

Source: IndexBox Market Intelligence Platform

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