Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Myanmar - 2023
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Myanmar (CIF) - 2022
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Myanmar
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Myanmar (CIF) - 2022
In 2022, the average import price for rubber amounted to $1,492 per ton, waning by -30% against the previous year. Over the period under review, the import price showed a deep contraction. The pace of growth was the most pronounced in 2016 an increase of 435% against the previous year. The import price peaked at $10,133 per ton in 2012; however, from 2013 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 South Korea ($42,772 per ton), while the price for Thailand ($833 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+0.5%), while the prices for the other major suppliers experienced a decline.
Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Myanmar
In 2022, overseas purchases of rubber were finally on the rise to reach 278 tons after two years of decline. Overall, imports saw a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of rubber soared to $414K in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 29.8 | 2.9 | 1.0 | 277 | 110.3% |
| China | 75.1 | 120 | 32.6 | 80.9 | 2.5% |
| Japan | 14.0 | 12.5 | 10.4 | 36.1 | 37.1% |
| Russia | 10.3 | 15.6 | 2.2 | 19.7 | 24.1% |
| Thailand | 9.2 | 47.0 | 0.8 | 0.3 | -68.1% |
| Indonesia | 9.6 | 8.4 | 6.5 | 0.1 | -78.2% |
| Taiwan (Chinese) | 14.9 | 19.5 | 17.0 | N/A | 6.8% |
| Others | 16.4 | 29.5 | 6.5 | N/A | -37.0% |
| Total | 179 | 255 | 76.9 | 414 | 32.2% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Myanmar in 2022:
- China (67.2 tons)
- Japan (16.8 tons)
- South Korea (6.5 tons)
- Russia (6.3 tons)
- Thailand (0.3 tons)
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