Report Update: Dec 1, 2023

U.S. - Natural Rubber And Gums - Market Analysis, Forecast, Size, Trends and Insights

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Price for Natural Rubber and Gum in the United States - 2023

Name: Price for Natural Rubber and Gum in the United States - 2023
Creator: IndexBox Inc.
Published: 2023-12-01T00:00:00+00:00
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Price for Natural Rubber and Gum the United States, IndexBox, market research, global market, publisher

Price for Natural Rubber and Gum in the United States (CIF) - 2022

The average natural rubber and gum import price stood at $1,563 per ton in 2022, flattening at the previous year. In general, the import price, however, continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2021 when the average import price increased by 19%. The import price peaked at $2,091 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($2,623 per ton), while the price for Cameroon ($1,258 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cameroon (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Natural Rubber and Gum in the United States (FOB) - 2022

In 2022, the average natural rubber and gum export price amounted to $3,306 per ton, growing by 42% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. Over the period under review, the average export prices reached the maximum at $3,370 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($11,704 per ton), while the average price for exports to Canada ($895 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 Costa Rica (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Natural Rubber and Gum in the United States

In 2022, natural rubber and gum imports into the United States contracted sharply to 40K tons, declining by -26.7% on the previous year's figure. In general, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 48%. As a result, imports attained the peak of 55K tons, and then declined markedly in the following year.

In value terms, natural rubber and gum imports shrank notably to $63M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +5.4% 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 +30.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 76% against the previous year. As a result, imports attained the peak of $85M, and then declined rapidly in the following year.

Import of Natural Rubber and Gum in the United States (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Thailand	14.9	18.2	30.2	21.6	13.2%
Guatemala	8.9	9.5	18.7	15.4	20.1%
Vietnam	10.0	7.5	17.6	13.4	10.2%
Cameroon	6.2	8.2	11.1	7.9	8.4%
Malaysia	9.0	0.9	1.1	0.7	-57.3%
Others	4.4	3.9	6.1	3.5	-7.3%
Total	53.5	48.1	84.9	62.6	5.4%

Top Suppliers of Natural Rubber and Gum to the United States in 2022:

Thailand (13.0K tons)
Guatemala (10.0K tons)
Vietnam (9.9K tons)
Cameroon (6.3K tons)
Malaysia (0.3K tons)

Exports of Natural Rubber and Gum in the United States

In 2022, the amount of natural rubber and gums exported from the United States contracted dramatically to 5.1K tons, falling by -21.2% on the previous year's figure. Overall, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 107% against the previous year. As a result, the exports reached the peak of 6.4K tons, and then declined markedly in the following year.

In value terms, natural rubber and gum exports rose significantly to $17M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.7% 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 +67.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 49% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Natural Rubber and Gum in the United States (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Mexico	2.0	0.8	2.2	3.4	19.3%
Germany	0.8	1.9	2.5	2.9	53.6%
Canada	1.6	1.6	3.4	2.2	11.2%
China	0.7	0.5	0.6	1.6	31.7%
Costa Rica	N/A	0.1	0.1	1.3	260.6%
United Kingdom	0.8	0.9	0.7	0.8	0.0%
Spain	0.1	0.1	0.1	0.6	81.7%
Brazil	0.2	0.3	0.4	0.5	35.7%
Others	4.8	3.7	5.0	3.4	-10.9%
Total	11.1	10.0	15.0	16.8	14.8%

Top Export Markets for Natural Rubber and Gum from the United States in 2022:

Canada (2474.5 tons)
Mexico (1089.4 tons)
China (372.5 tons)
Costa Rica (298.9 tons)
Germany (251.3 tons)
Brazil (137.1 tons)
Spain (90.1 tons)
United Kingdom (42.7 tons)

Source: IndexBox Market Intelligence Platform

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.

Product coverage:

• FCL 836 - Natural rubber

Country coverage:

• United States

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in the U.S.

• Export and import prices

• Market trends, drivers and restraints

• Key market players and their profiles

Reasons to buy this report:

• Take advantage of the latest data

• Find deeper insights into current market developments

• Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2022
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2022
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2022
2. Market Volume, In Physical Terms, 2012–2022
3. Market Value, 2012–2022
4. Per Capita Consumption In 2012-2022
5. Imports, In Physical Terms, By Country, 2012–2022
6. Imports, In Value Terms, By Country, 2012–2022
7. Import Prices, By Country Of Origin, 2012–2022
8. Exports, In Physical Terms, By Country, 2012–2022
9. Exports, In Value Terms, By Country, 2012–2022
10. Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2022
2. Market Value, 2012–2022
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
5. Trade Balance, In Physical Terms, 2012-2022
6. Trade Balance, In Value Terms, 2012-2022
7. Per Capita Consumption, 2012-2022
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2022
23. Production, In Value Terms, 2012–2022
24. Area Harvested, 2012–2022
25. Yield, 2012–2022
26. Imports, In Physical Terms, 2012–2022
27. Imports, In Value Terms, 2012–2022
28. Imports, In Physical Terms, By Country, 2022
29. Imports, In Physical Terms, By Country, 2012–2022
30. Imports, In Value Terms, By Country, 2012–2022
31. Import Prices, By Country Of Origin, 2012–2022
32. Exports, In Physical Terms, 2012–2022
33. Exports, In Value Terms, 2012–2022
34. Exports, In Physical Terms, By Country, 2022
35. Exports, In Physical Terms, By Country, 2012–2022
36. Exports, In Value Terms, By Country, 2012–2022
37. Export Prices, By Country Of Destination, 2012–2022