Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in China - 2023
Contents:
- Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in China (FOB) - 2022
- Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in China (CIF) - 2022
- Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in China
- Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in China
Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in China (FOB) - 2022
In 2022, the average export price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses amounted to $12,722 per ton, waning by -6.8% against the previous year. Overall, the export price, however, saw a prominent increase. The most prominent rate of growth was recorded in 2020 an increase of 84% against the previous year. The export price peaked at $13,653 per ton in 2021, and then declined in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($22,020 per ton), while the average price for exports to Thailand ($5,285 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 UK (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in China (CIF) - 2022
The average import price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses stood at $4,621 per ton in 2022, which is down by -18.7% against the previous year. In general, the import price saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 54%. Over the period under review, average import prices attained the peak figure at $6,675 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($5,213 per ton) and Thailand ($4,471 per ton), while the price for Malaysia ($4,345 per ton) and Indonesia ($4,423 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-0.6%), while the prices for the other major suppliers experienced a decline.
Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in China
For the fourth consecutive year, China recorded growth in shipments abroad of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses, which increased by 13% to 379K tons in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 180%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses expanded rapidly to $4.8B in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 414% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 111 | 619 | 1,979 | 1,019 | 109.4% |
| United Kingdom | 11.1 | 438 | 322 | 760 | 309.1% |
| Japan | 18.6 | 108 | 182 | 359 | 168.2% |
| Russia | 28.0 | 38.6 | 64.3 | 317 | 124.5% |
| Germany | 15.2 | 79.5 | 257 | 140 | 109.6% |
| Brazil | 17.6 | 23.2 | 45.8 | 132 | 95.7% |
| South Korea | 9.6 | 11.8 | 21.6 | 103 | 120.6% |
| Spain | 11.3 | 41.1 | 93.9 | 84.3 | 95.4% |
| Mexico | 4.9 | 5.7 | 11.5 | 69.2 | 141.7% |
| Israel | 3.1 | 2.7 | 19.2 | 63.5 | 173.6% |
| Thailand | 4.8 | 6.5 | 50.3 | 56.3 | 127.2% |
| Turkey | 6.5 | 4.7 | 11.5 | 48.6 | 95.5% |
| Yemen | 5.0 | 5.5 | 6.5 | 42.2 | 103.6% |
| Others | 169 | 752 | 1,520 | 1,627 | 112.7% |
| Total | 416 | 2,137 | 4,585 | 4,821 | 126.3% |
Top Export Markets for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves from China in 2022:
- United States (62.5K tons)
- United Kingdom (45.4K tons)
- Russia (40.3K tons)
- Japan (16.3K tons)
- Brazil (13.1K tons)
- Thailand (10.6K tons)
- Mexico (9.6K tons)
- South Korea (9.6K tons)
- Germany (8.7K tons)
- Yemen (7.2K tons)
- Spain (6.5K tons)
- Turkey (6.4K tons)
- Israel (6.1K tons)
Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in China
In 2022, after three years of growth, there was significant decline in overseas purchases of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses, when their volume decreased by -33.2% to 75K tons. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 55%.
In value terms, imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses declined notably to $349M in 2022. Over the period under review, imports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 139% against the previous year.
| Import of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 162 | 382 | 431 | 188 | 5.1% |
| Thailand | 48.6 | 106 | 133 | 106 | 29.7% |
| Indonesia | 12.5 | 41.3 | 46.7 | 29.5 | 33.1% |
| Vietnam | 11.0 | 25.0 | 14.3 | 4.0 | -28.6% |
| Others | 9.7 | 27.0 | 16.5 | 21.4 | 30.2% |
| Total | 243 | 581 | 642 | 349 | 12.8% |
Top Suppliers of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves to China in 2022:
- Malaysia (43.2K tons)
- Thailand (23.7K tons)
- Indonesia (6.7K tons)
- Vietnam (0.8K tons)
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