Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Venezuela - 2022
Contents:
- Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Venezuela (CIF) - 2022
- Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Venezuela
Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Venezuela (CIF) - 2022
The average import price for rubber; natural (excluding latex), in smoked sheetses stood at $1,602 per ton in 2022, with an increase of 2% against the previous year. In general, the import price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 9.4% against the previous year. Over the period under review, average import prices hit record highs at $6,976 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Vietnam.
From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to -12.3% per year.
Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Venezuela
In 2022, imports of rubber; natural (excluding latex), in smoked sheetses into Venezuela rose slightly to 441 tons, increasing by 3.1% compared with the previous year. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +24.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.9% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 99% against the previous year. As a result, imports reached the peak of 454 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of rubber; natural (excluding latex), in smoked sheetses totaled $707K in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 99% against the previous year. As a result, imports attained the peak of $742K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Rubber; Natural (Excluding Latex), in Smoked Sheets in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 366 | 732 | 665 | 702 | 24.2% |
| Others | 6.3 | 9.5 | 6.6 | 4.4 | -11.3% |
| Total | 372 | 742 | 672 | 707 | 23.9% |
Top Suppliers of Rubber; Natural (Excluding Latex), in Smoked Sheets to Venezuela in 2022:
- Vietnam (440.2 tons)
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This report provides an in-depth analysis of the market for natural rubber and gum in Venezuela.
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