
U.S. - Natural Rubber And Gums - Market Analysis, Forecast, Size, Trends and Insights
Natural Rubber and Gum Price per Ton May 2022
U.S. Natural Rubber And Gum Import Price per Ton May 2022
In May 2022, the natural rubber and gum price per ton amounted to $1,601 (CIF, US), with a decrease of -2.5% against the previous month. Over the period from January 2022 to May 2022, it increased at an average monthly rate of +3.1%. The most prominent rate of growth was recorded in February 2022 an increase of 10% against the previous month. Over the period under review, average import prices reached the peak figure at $1,643 per ton in April 2022, and then fell slightly in the following month.
Average prices varied somewhat amongst the major supplying countries. In May 2022, the countries with the highest prices were Guatemala ($1,886 per ton) and Thailand ($1,613 per ton), while the price for Cameroon ($1,323 per ton) and Vietnam ($1,366 per ton) were amongst the lowest.
From January 2022 to May 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Natural Rubber And Gum Imports
In May 2022, approx. 4.1K tons of natural rubber and gums were imported into the United States; picking up by 4.6% on the previous month's figure. Overall, imports, however, showed a deep downturn. The most prominent rate of growth was recorded in March 2022 with an increase of 42% against the previous month. Imports peaked at 5.7K tons in January 2022; however, from February 2022 to May 2022, imports failed to regain momentum.
In value terms, natural rubber and gum imports rose slightly to $6.6M (IndexBox estimates) in May 2022. In general, imports, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in March 2022 when imports increased by 36% m-o-m. Imports peaked at $8M in January 2022; however, from February 2022 to May 2022, imports stood at a somewhat lower figure.
U.S. Natural Rubber And Gum Imports by Country
Thailand (1.5K tons), Vietnam (1.1K tons) and Cameroon (733 tons) were the main suppliers of natural rubber and gum imports to the United States, with a combined 81% share of total imports.
From January 2022 to May 2022, the biggest increases were in Cameroon (with a CAGR of +3.1%), while purchases for the other leaders experienced mixed trend patterns.
In value terms, Thailand ($2.3M), Vietnam ($1.5M) and Guatemala ($1.3M) constituted the largest natural rubber and gum suppliers to the United States, with a combined 79% share of total imports.
Thailand, with a CAGR of +4.8%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.
This report provides an in-depth analysis of the market for natural rubber and gum in the U.S.. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 22nd, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 8th, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, January 25th, 2022 @ 04:00 pm ET