Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Singapore - 2023
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Singapore (CIF) - 2022
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Singapore (FOB) - 2022
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Singapore
- Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Singapore
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Singapore (CIF) - 2022
In 2022, the average import price for rubber amounted to $55,271 per ton, surging by 174% against the previous year. In general, the import price posted a significant increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 686%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($46,650 per ton), while the price for Malaysia ($6,065 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+17.9%), 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 Singapore (FOB) - 2022
The average export price for rubber stood at $12,711 per ton in 2022, with a decrease of -75.6% against the previous year. Overall, the export price, however, showed a measured expansion. The most prominent rate of growth was recorded in 2018 an increase of 301% against the previous year. As a result, the export price reached the peak level of $80,102 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($60,880 per ton), while the average price for exports to Myanmar ($5,780 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 Romania (+1,359.9%), 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 Singapore
In 2022, approx. 101 tons of rubber were imported into Singapore; which is down by -60% on the previous year. Over the period under review, imports recorded a precipitous contraction. The growth pace was the most rapid in 2021 with an increase of 97%.
In value terms, imports of rubber expanded sharply to $5.6M in 2022. Overall, imports saw a slight descent. The most prominent rate of growth was recorded in 2021 when imports increased by 18%.
| Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.4 | 3.8 | 4.3 | 5.2 | 5.7% |
| Taiwan (Chinese) | 0.4 | 0.1 | 0.1 | 0.2 | -20.6% |
| China | 0.6 | 0.1 | 0.1 | 0.1 | -45.0% |
| Japan | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Others | 0.3 | 0.3 | 0.6 | 0.2 | -12.6% |
| Total | 5.8 | 4.3 | 5.1 | 5.6 | -1.2% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Singapore in 2022:
- United States (195.3 tons)
- China (5.6 tons)
- Japan (4.4 tons)
- Taiwan (Chinese) (4.0 tons)
Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Singapore
Exports of rubber from Singapore surged to 109 tons in 2022, rising by 268% compared with the previous year's figure. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of rubber reduced to $1.4M in 2022. Over the period under review, exports, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 4.3%. As a result, the exports reached the peak of $2.2M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 1,045 | 1,106 | 480 | 548 | -19.4% |
| Malaysia | 646 | 619 | 573 | 537 | -6.0% |
| Indonesia | 234 | 198 | 147 | 91.0 | -27.0% |
| India | 0.1 | 1.8 | 2.0 | 23.9 | 520.6% |
| Mexico | N/A | N/A | N/A | 17.1 | 0% |
| New Zealand | 8.2 | 11.6 | 31.2 | 14.4 | 20.6% |
| China | 3.9 | 74.7 | 47.5 | 11.9 | 45.0% |
| Thailand | 61.2 | 55.5 | 77.1 | 8.5 | -48.2% |
| United Kingdom | N/A | 1.2 | 0.2 | 4.3 | 89.3% |
| Others | 140 | 163 | 178 | 123 | -4.2% |
| Total | 2,139 | 2,232 | 1,536 | 1,380 | -13.6% |
Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from Singapore in 2022:
- Taiwan (Chinese) (9.2 tons)
- Malaysia (8.8 tons)
- Indonesia (3.9 tons)
- New Zealand (2.0 tons)
- India (1.2 tons)
- United Kingdom (0.7 tons)
- Mexico (0.6 tons)
- China (0.4 tons)
- Thailand (0.3 tons)
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