Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in South Korea - 2022
Contents:
- Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in South Korea (CIF) - 2022
- Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in South Korea (FOB) - 2022
- Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in South Korea
- Exports of Rubber; Natural (Excluding Latex), in Smoked Sheets in South Korea
Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in South Korea (CIF) - 2022
In December 2022, the average import price for rubber; natural (excluding latex), in smoked sheetses amounted to $1,601 per ton, falling by -3% against the previous month. Overall, the import price continues to indicate a slight contraction. The pace of growth was the most pronounced in April 2022 an increase of 4.9% m-o-m. Over the period under review, average import prices hit record highs at $2,264 per ton in May 2022; however, from June 2022 to December 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the country with the highest price was Thailand ($1,652 per ton), while the price for Vietnam ($1,484 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Thailand (-1.5%), while the prices for the other major suppliers experienced a decline.
Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in South Korea (FOB) - 2022
In 2022, the average export price for rubber; natural (excluding latex), in smoked sheetses amounted to $4,906 per ton, jumping by 401% against the previous year. In general, the export price enjoyed noticeable growth. Over the period under review, the average export prices hit record highs at $5,019 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($5,300 per ton), while the average price for exports to Indonesia stood at $4,768 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+18.3%), while the prices for the other major destinations experienced a decline.
Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in South Korea
In 2022, the amount of rubber; natural (excluding latex), in smoked sheetses imported into South Korea shrank significantly to 8.8K tons, with a decrease of -16.9% against 2021. Over the period under review, imports recorded a abrupt decrease. The smallest decline of -4.7% was in 2021.
In value terms, imports of rubber; natural (excluding latex), in smoked sheetses contracted significantly to $18M in 2022. In general, imports saw a noticeable slump. The most prominent rate of growth was recorded in 2021 when imports increased by 28%. As a result, imports reached the peak of $24M, and then contracted dramatically in the following year.
| Import of Rubber; Natural (Excluding Latex), in Smoked Sheets in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | N/A | 0.4 | 9.0 | 8.7 | 366.4% |
| Thailand | 16.7 | 16.4 | 12.4 | 8.0 | -21.8% |
| Vietnam | 2.4 | 1.9 | 2.6 | 1.0 | -25.3% |
| Others | 0.4 | N/A | N/A | N/A | 0% |
| Total | 19.5 | 18.7 | 24.0 | 17.7 | -3.2% |
Top Suppliers of Rubber; Natural (Excluding Latex), in Smoked Sheets to South Korea in 2022:
- Cambodia (4.4K tons)
- Thailand (3.9K tons)
- Vietnam (0.5K tons)
Exports of Rubber; Natural (Excluding Latex), in Smoked Sheets in South Korea
In 2022, exports of rubber; natural (excluding latex), in smoked sheetses from South Korea shrank significantly to 540 kg, waning by -99.7% on 2021. In general, exports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 13,350%. As a result, the exports reached the peak of 169 tons, and then shrank notably in the following year.
In value terms, exports of rubber; natural (excluding latex), in smoked sheetses shrank notably to $2.6K in 2022. Over the period under review, exports continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 3,210%. As a result, the exports reached the peak of $166K, and then contracted sharply in the following year.
| Export of Rubber; Natural (Excluding Latex), in Smoked Sheets in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | N/A | 0.2 | 1.9 | 850.0% |
| Vietnam | N/A | 5.0 | N/A | 0.7 | -62.6% |
| Malaysia | N/A | N/A | 78.2 | N/A | 0% |
| United Kingdom | 38.3 | N/A | N/A | N/A | 0% |
| Cambodia | N/A | N/A | 56.3 | N/A | 0% |
| Pakistan | N/A | N/A | 31.2 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 38.3 | 5.0 | 166 | 2.6 | -59.2% |
Top Export Markets for Rubber; Natural (Excluding Latex), in Smoked Sheets from South Korea in 2022:
- Indonesia (400.0 kg)
- Vietnam (140.0 kg)
558
This report provides an in-depth analysis of the market for natural rubber and gum in Republic of Korea.
2671
This report provides an in-depth analysis of the global market for natural rubber and gum.
558
This report provides an in-depth analysis of the market for natural rubber and gum in Republic of Korea.
2671
This report provides an in-depth analysis of the global market for natural rubber and gum.
797
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.
966
The global natural rubber and gum market amounted to $25.2B in 2019, therefore, remained relatively stable against...
1008
In value terms, natural rubber, balata, gutta-percha, guayule imports stood at $X in 2016. In general, natural rubber, balata, gutta-percha, guayule imports continue to indicate a measured decline. ...
1421
In value terms, natural rubber, balata, gutta-percha, guayule exports stood at $X in 2016. Overall, natural rubber, balata, gutta-percha, guayule exports continue to indicate a significant deduction...
2862
Global natural rubber and gum consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
1151
In 2015, the countries with the highest levels of production were Thailand (X thousand tons), Indonesia (X thousand tons), Vietnam (X thousand tons), together accounting for X% of total output.
1749
Despite a drop in exports in 2014, Thailand continues to lead the way in the global natural rubber and gum trade. In 2014, Thailand exported X thousand tons of natural rubber and gums totaling X million USD, X% under the previous year. Its p
797
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.
966
The global natural rubber and gum market amounted to $25.2B in 2019, therefore, remained relatively stable against...
1008
In value terms, natural rubber, balata, gutta-percha, guayule imports stood at $X in 2016. In general, natural rubber, balata, gutta-percha, guayule imports continue to indicate a measured decline. ...
