Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Uganda - 2022
Contents:
- Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Uganda (CIF) - 2022
- Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Uganda
Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Uganda (CIF) - 2022
The average import price for rubber; natural (excluding latex), in smoked sheetses stood at $1,124 per ton in 2022, dropping by -49.4% against the previous year. Overall, the import price continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2019 an increase of 9.4%. Over the period under review, average import prices hit record highs at $5,125 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kenya ($2,307 per ton), while the price for Tanzania ($251 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (-8.1%).
Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Uganda
In 2022, the amount of rubber; natural (excluding latex), in smoked sheetses imported into Uganda rose notably to 1.7 tons, picking up by 5.6% compared with 2021. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 1,371%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, imports of rubber; natural (excluding latex), in smoked sheetses reduced remarkably to $1.9K in 2022. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 1,374% against the previous year. As a result, imports reached the peak of $3.6K, and then reduced rapidly in the following year.
Import of Rubber; Natural (Excluding Latex), in Smoked Sheets in Uganda (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kenya | 128 | 197 | 3,568 | 1,666 | 135.2% |
Tanzania | N/A | N/A | N/A | 244 | 0% |
United Arab Emirates | 2.0 | 1.0 | 29.0 | 11.0 | 76.5% |
Others | N/A | 46.0 | N/A | N/A | 0% |
Total | 130 | 244 | 3,597 | 1,921 | 145.4% |
Top Suppliers of Rubber; Natural (Excluding Latex), in Smoked Sheets to Uganda in 2022:
- Tanzania (971.0 kg)
- Kenya (722.0 kg)
- United Arab Emirates (16.0 kg)
This report provides an in-depth analysis of the market for natural rubber and gum in Uganda.
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 Uganda.
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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