Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Colombia - 2022
Contents:
- Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Colombia (CIF) - 2022
- Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Colombia
Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Colombia (CIF) - 2022
In 2022, the average import price for rubber; natural (excluding latex), in smoked sheetses amounted to $3,734 per ton, surging by 25% against the previous year. In general, the import price, however, showed a mild downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 40% against the previous year. Over the period under review, average import prices reached the peak figure at $4,460 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Indonesia.
From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to +4.2% per year.
Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Colombia
Imports of rubber; natural (excluding latex), in smoked sheetses into Colombia surged to 53 tons in 2022, growing by 22% against the year before. Over the period under review, total imports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +4.3% 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 +75.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 43% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of rubber; natural (excluding latex), in smoked sheetses skyrocketed to $198K in 2022. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 99.9%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
Import of Rubber; Natural (Excluding Latex), in Smoked Sheets in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 28.9 | 16.9 | 30.3 | 198 | 89.9% |
Germany | 29.9 | 16.4 | 41.4 | N/A | 17.7% |
Vietnam | 9.4 | 6.9 | 8.0 | N/A | -7.7% |
Egypt | 26.1 | 18.7 | 21.2 | N/A | -9.9% |
Others | 7.8 | 5.4 | 27.8 | N/A | 88.8% |
Total | 102 | 64.3 | 129 | 198 | 24.7% |
Top Suppliers of Rubber; Natural (Excluding Latex), in Smoked Sheets to Colombia in 2022:
- Indonesia (52.9 tons)
This report provides an in-depth analysis of the market for natural rubber and gum in Colombia.
This report provides an in-depth analysis of the global market for natural rubber and gum.
This report provides an in-depth analysis of the market for natural rubber and gum in Colombia.
This report provides an in-depth analysis of the global market for natural rubber and gum.
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In the beginning of 2021, demand for natural rubber spiked and prices for rubber increased due to a quick rebound in China’s tire manufacturing and the heightened need for latex gloves during the pandemic. Rubber production is projected to climb up this year in line with rising demand, slowing down the price growth. There is a risk that droughts in Malaysia, Thailand and Indonesia will create a supply shortage in the market and enable the prices to soar again.
The global natural rubber and gum market amounted to $25.2B in 2019, therefore, remained relatively stable against...
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