Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Indonesia - 2022
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Indonesia (CIF) - 2022
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Indonesia (FOB) - 2022
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Indonesia
- Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Indonesia
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Indonesia (CIF) - 2022
In 2022, the average import price for rubber amounted to $8,348 per ton, with an increase of 37% against the previous year. In general, the import price, however, showed a deep setback. The growth pace was the most rapid in 2019 an increase of 64%. The import price peaked at $14,494 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($32,476 per ton), while the price for South Korea ($4,607 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+40.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Indonesia (FOB) - 2022
The average export price for rubber stood at $16,523 per ton in 2022, with a decrease of -32.8% against the previous year. In general, the export price, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 115% against the previous year. The export price peaked at $24,574 per ton in 2021, and then declined dramatically in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($183,438 per ton), while the average price for exports to Timor-Leste ($1,476 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+38.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Indonesia
In 2022, approx. 300 tons of rubber were imported into Indonesia; picking up by 144% compared with 2021. Over the period under review, imports, however, saw a abrupt contraction.
In value terms, imports of rubber soared to $2.5M in 2022. Overall, imports, however, recorded a abrupt curtailment.
Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 788 | 1,023 | 1,488 | 870 | 3.4% |
Singapore | 380 | 129 | 108 | 251 | -12.9% |
Malaysia | 19.7 | 33.5 | 96.2 | 214 | 121.5% |
Thailand | 218 | 136 | 228 | 193 | -4.0% |
Japan | 386 | 258 | 306 | 185 | -21.7% |
Philippines | 200 | 147 | 197 | 150 | -9.1% |
Taiwan (Chinese) | 715 | 148 | 152 | 45.3 | -60.1% |
South Korea | 123 | 63.9 | 53.6 | 37.6 | -32.6% |
Others | 816 | 510 | -1,878.2 | 561 | -11.7% |
Total | 3,647 | 2,448 | 750 | 2,508 | -11.7% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Indonesia in 2022:
- China (175.2 tons)
- Thailand (26.6 tons)
- Japan (22.8 tons)
- Philippines (22.6 tons)
- Malaysia (21.2 tons)
- South Korea (8.2 tons)
- Singapore (7.7 tons)
- Taiwan (Chinese) (3.5 tons)
Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Indonesia
In 2022, exports of rubber from Indonesia reached 7 tons, with an increase of 6.4% on the year before. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.7% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 59%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of rubber shrank remarkably to $116K in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 221% against the previous year. As a result, the exports attained the peak of $162K, and then fell rapidly in the following year.
Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 0.2 | 25.6 | 40.5 | 69.9 | 604.4% |
Netherlands | 0.1 | N/A | 2.5 | 20.2 | 486.7% |
Spain | N/A | N/A | 20.3 | 13.4 | -34.0% |
China | 1.9 | 2.0 | 59.8 | 3.5 | 22.6% |
Australia | 0.1 | 2.5 | N/A | 2.0 | 171.4% |
India | N/A | 6.0 | 7.9 | 1.9 | -43.7% |
United Arab Emirates | 1.4 | 0.6 | 0.3 | 1.1 | -7.7% |
Japan | 11.7 | 1.6 | 5.2 | 0.8 | -59.1% |
Singapore | 4.9 | 2.8 | 6.2 | 0.2 | -65.6% |
Timor-Leste | 0.1 | 0.4 | 0.7 | 0.2 | 26.0% |
Malaysia | 1.7 | 0.6 | 0.3 | N/A | -58.0% |
France | N/A | 7.4 | 1.0 | N/A | -86.5% |
Myanmar | N/A | N/A | 10.5 | N/A | 0% |
Others | 5.7 | 0.9 | 6.6 | 2.5 | -24.0% |
Total | 27.7 | 50.4 | 162 | 116 | 61.2% |
Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from Indonesia in 2022:
- Spain (1563.0 kg)
- Netherlands (957.0 kg)
- United States (381.0 kg)
- United Arab Emirates (147.0 kg)
- Timor-Leste (143.0 kg)
- Australia (120.0 kg)
- China (119.0 kg)
- India (62.0 kg)
- Japan (47.0 kg)
- Singapore (23.0 kg)
- Myanmar (2.0 kg)
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