Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Canada - 2024
Contents:
- Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Canada (CIF) - 2022
- Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Canada (FOB) - 2022
- Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Canada
- Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Canada
Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Canada (CIF) - 2022
The average import price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses stood at $8,587 per ton in 2022, with a decrease of -46.4% against the previous year. Over the period under review, the import price, however, continues to indicate measured growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 73%. As a result, import price reached the peak level of $16,032 per ton, and then reduced markedly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Thailand ($8,587 per ton) and the United States ($8,587 per ton), while the price for China ($8,587 per ton) and Indonesia ($8,587 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Canada (FOB) - 2022
In 2022, the average export price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses amounted to $11,451 per ton, picking up by 49% against the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses increased by +91.5% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($11,451 per ton), while the average price for exports to Malaysia ($11,451 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 Arab Emirates (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Canada
In 2022, purchases abroad of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses decreased by -72.8% to 22K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a deep contraction. The pace of growth was the most pronounced in 2020 when imports increased by 126% against the previous year.
In value terms, imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses declined dramatically to $188M in 2022. Over the period under review, imports continue to indicate a mild reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 254%.
| Import of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 123 | 285 | 635 | 85.0 | -11.6% |
| China | 30.1 | 339 | 549 | 48.9 | 17.6% |
| Thailand | 21.0 | 33.0 | 48.3 | 33.5 | 16.8% |
| Sri Lanka | 5.1 | 3.9 | 12.6 | 6.5 | 8.4% |
| United States | 5.8 | 11.9 | 12.4 | 6.1 | 1.7% |
| Others | 9.3 | 14.9 | 32.1 | 8.0 | -4.9% |
| Total | 195 | 688 | 1,289 | 188 | -1.2% |
Top Suppliers of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves to Canada in 2022:
- Malaysia (9.9K tons)
- China (5.7K tons)
- Thailand (3.9K tons)
- Sri Lanka (0.8K tons)
- United States (0.7K tons)
Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Canada
After three years of growth, shipments abroad of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses decreased by -85.1% to 1.5K tons in 2022. Over the period under review, exports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 136%. As a result, the exports attained the peak of 10K tons, and then contracted sharply in the following year.
In value terms, exports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses fell rapidly to $17M in 2022. In general, exports continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2021 with an increase of 135% against the previous year. As a result, the exports reached the peak of $77M, and then reduced sharply in the following year.
| Export of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.8 | 30.7 | 62.0 | 10.9 | -13.4% |
| Malaysia | N/A | N/A | 7.6 | 2.7 | -64.5% |
| United Arab Emirates | N/A | N/A | 0.3 | 1.6 | 433.3% |
| China | 0.8 | 0.5 | 1.2 | N/A | 22.5% |
| Mexico | N/A | N/A | 2.6 | N/A | 0% |
| Others | 1.1 | 1.7 | 3.6 | 2.0 | 22.1% |
| Total | 18.7 | 32.9 | 77.3 | 17.1 | -2.9% |
Top Export Markets for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves from Canada in 2022:
- United States (949.9 tons)
- Malaysia (236.1 tons)
- United Arab Emirates (136.1 tons)
- Mexico (2.0 tons)
- China (0.1 tons)
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