Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Hong Kong SAR - 2022
Contents:
- Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Hong Kong SAR (FOB) - 2022
- Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Hong Kong SAR (CIF) - 2022
- Exports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Hong Kong SAR
- Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Hong Kong SAR
Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for rubber; natural (excluding latex), in smoked sheetses amounted to $2,317 per ton, shrinking by -1.6% against the previous year. Over the period under review, the export price saw a noticeable shrinkage. The growth pace was the most rapid in 2019 an increase of 39%. Over the period under review, the average export prices attained the maximum at $3,401 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -3.0% per year.
Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for rubber; natural (excluding latex), in smoked sheetses amounted to $1,919 per ton, waning by -2.2% against the previous year. Overall, the import price continues to indicate a deep contraction. The growth pace was the most rapid in 2020 an increase of 33%. Over the period under review, average import prices reached the maximum at $3,209 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($6,348 per ton), while the price for Cambodia ($919 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.5%), while the prices for the other major suppliers experienced a decline.
Exports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Hong Kong SAR
In 2022, shipments abroad of rubber; natural (excluding latex), in smoked sheetses decreased by -22.1% to 734 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 502%.
In value terms, exports of rubber; natural (excluding latex), in smoked sheetses shrank sharply to $1.7M in 2022. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 707%.
| Export of Rubber; Natural (Excluding Latex), in Smoked Sheets in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 56.3 | 1,173 | 1,874 | 1,693 | 211.0% |
| Iran | N/A | N/A | 297 | N/A | 0% |
| Germany | 66.1 | N/A | N/A | N/A | 0% |
| Others | 24.2 | 10.5 | 48.2 | 8.4 | -29.7% |
| Total | 147 | 1,183 | 2,220 | 1,702 | 126.2% |
Top Export Markets for Rubber; Natural (Excluding Latex), in Smoked Sheets from Hong Kong SAR in 2022:
- China (728.3 tons)
Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Hong Kong SAR
In 2022, approx. 61 tons of rubber; natural (excluding latex), in smoked sheetses were imported into Hong Kong SAR; with a decrease of -9.4% compared with the previous year's figure. Overall, imports showed a precipitous decline. The growth pace was the most rapid in 2021 when imports increased by 23%.
In value terms, imports of rubber; natural (excluding latex), in smoked sheetses reduced to $118K in 2022. Over the period under review, imports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 30%.
| Import of Rubber; Natural (Excluding Latex), in Smoked Sheets in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 45.0 | 28.3 | 50.4 | 43.7 | -1.0% |
| Thailand | 8.3 | 7.7 | 41.3 | 34.0 | 60.0% |
| India | 97.6 | 42.0 | 29.3 | 28.2 | -33.9% |
| Indonesia | 31.8 | 11.5 | 6.8 | 5.6 | -43.9% |
| Vietnam | 39.9 | 9.9 | 3.2 | 4.6 | -51.3% |
| Cambodia | 6.0 | 1.9 | 1.0 | 0.7 | -51.1% |
| Others | 3.5 | 1.4 | 1.1 | 1.1 | -32.0% |
| Total | 232 | 103 | 133 | 118 | -20.2% |
Top Suppliers of Rubber; Natural (Excluding Latex), in Smoked Sheets to Hong Kong SAR in 2022:
- Malaysia (26.8 tons)
- Thailand (20.7 tons)
- Vietnam (4.5 tons)
- India (4.4 tons)
- Indonesia (4.0 tons)
- Cambodia (0.8 tons)
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