Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Sri Lanka - 2022

Contents:

  1. Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Sri Lanka (CIF) - 2022
  2. Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Sri Lanka (FOB) - 2022
  3. Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Sri Lanka
  4. Exports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Sri Lanka

Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Sri Lanka (CIF) - 2022

In 2022, the average import price for rubber; natural (excluding latex), in smoked sheetses amounted to $2,199 per ton, remaining stable against the previous year. Over the period under review, the import price recorded a perceptible contraction. The growth pace was the most rapid in 2021 an increase of 49%. Over the period under review, average import prices reached the peak figure at $3,612 per ton in 2013; however, from 2014 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 Vietnam ($2,396 per ton), while the price for Myanmar ($1,303 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-2.5%), while the prices for the other major suppliers experienced a decline.

Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Sri Lanka (FOB) - 2022

The average export price for rubber; natural (excluding latex), in smoked sheetses stood at $1,610 per ton in 2022, with a decrease of -23% against the previous year. In general, the export price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2017 an increase of 27% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,408 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($1,804 per ton), while the average price for exports to Pakistan stood at $1,598 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (-6.2%), while the prices for the other major destinations experienced a decline.

Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Sri Lanka

Imports of rubber; natural (excluding latex), in smoked sheetses into Sri Lanka shrank to 33K tons in 2022, dropping by -14.7% compared with the previous year. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 52%. As a result, imports attained the peak of 38K tons, and then declined in the following year.

In value terms, imports of rubber; natural (excluding latex), in smoked sheetses contracted markedly to $72M in 2022. Over the period under review, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 126%. As a result, imports reached the peak of $85M, and then dropped rapidly in the following year.

Import of Rubber; Natural (Excluding Latex), in Smoked Sheets in Sri Lanka (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand11.58.830.429.637.0%
Indonesia24.419.025.926.02.1%
Vietnam13.08.623.415.15.1%
Others1.61.35.31.3-6.7%
Total50.537.785.072.012.6%

Top Suppliers of Rubber; Natural (Excluding Latex), in Smoked Sheets to Sri Lanka in 2022:

  1. Thailand (13.1K tons)
  2. Indonesia (12.7K tons)
  3. Vietnam (6.3K tons)

Exports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Sri Lanka

In 2022, approx. 4.2K tons of rubber; natural (excluding latex), in smoked sheetses were exported from Sri Lanka; rising by 27% against the previous year's figure. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 105%. As a result, the exports attained the peak of 4.5K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of rubber; natural (excluding latex), in smoked sheetses dropped to $6.8M in 2022. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 114%. As a result, the exports reached the peak of $7.5M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Rubber; Natural (Excluding Latex), in Smoked Sheets in Sri Lanka (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan2.37.26.96.541.4%
India0.60.2N/A0.1-45.0%
Germany0.40.1N/AN/A-75.0%
Others0.2N/AN/A0.20.0%
Total3.57.57.06.824.8%

Top Export Markets for Rubber; Natural (Excluding Latex), in Smoked Sheets from Sri Lanka in 2022:

  1. Pakistan (4.1K tons)
  2. India (0.1K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Rubber; natural (excluding latex), in smoked sheets - Sri Lanka