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The growth pace of Synthetic Latex Rubber was at its quickest in July 2023, with a 143% month-to-month increase. In terms of value, synthetic latex rubber imports decreased to $466K in November 2023.
The Synthetic Latex Rubber market experienced significant growth in September 2023, with a 50% increase compared to the previous month. By December 2023, imports of synthetic latex rubber reached $3.4M in value.
The import growth of Synthetic Latex Rubber from August 2023 to November 2023 was stagnant. In terms of value, the imports of Synthetic Latex Rubber dramatically decreased to $3.6M in November 2023.
Discover the top import markets for synthetic latex rubber and their key statistics. Malaysia, China, and Thailand lead the way, according to IndexBox data.
Between December 2022 and August 2023, the exports of Synthetic Latex Rubber witnessed a decline in growth momentum. In terms of value, the exports of Synthetic Latex Rubber dropped to $30M in August 2023.
In January 2023, the growth rate of Synthetic Latex Rubber imports reached its peak with a rapid increase of 37% compared to the previous month. However, in July 2023, the value of these imports drastically declined to $11M.
The price of Synthetic Latex Rubber in June 2023 was $3,682 per ton (CIF, Qatar), reflecting a decrease of -4.4% compared to the previous month.
In February 2023, the synthetic latex rubber price stood at $1,102 per ton (FOB, India), growing by 3.2% against the previous month.
In Feb 2023, the price of synthetic latex rubber was $1,655/ton (CIF, China), increasing 10% month-on-month.
In September 2022, the synthetic latex rubber price stood at $1,514 per ton (CIF, Turkey), rising by 7.7% against the previous month.
Synthetic latex rubber exports from South Korea surged to 879K tons in 2020, increasing by 23% on the year before. In value terms, supplies surged from $709M to $947M.
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