Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Colombia - 2022

Contents:

  1. Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Colombia (CIF) - 2022
  2. Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Colombia (FOB) - 2022
  3. Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Colombia
  4. Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Colombia

Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Colombia (CIF) - 2022

The average import price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses stood at $8,978 per ton in 2022, surging by 7% against the previous year. Over the period under review, the import price recorded a notable increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 44%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Malaysia ($9,825 per ton) and Indonesia ($8,481 per ton), while the price for China ($6,582 per ton) and Spain ($6,663 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+6.1%), 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 Colombia (FOB) - 2022

In 2022, the average export price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses amounted to $6,587 per ton, with an increase of 5.6% against the previous year. In general, the export price, however, saw a perceptible setback. Over the period under review, the average export prices hit record highs at $9,281 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($9,395 per ton), while the average price for exports to Spain ($3,967 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 Ecuador (-0.6%), while the prices for the other major destinations experienced a decline.

Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Colombia

In 2022, after three years of growth, there was significant decline in supplies from abroad of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses, when their volume decreased by -31.7% to 10K tons. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +7.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +23.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 62%. As a result, imports attained the peak of 15K tons, and then shrank rapidly in the following year.

In value terms, imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses dropped dramatically to $91M in 2022. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 117%. As a result, imports reached the peak of $125M, and then shrank rapidly in the following year.

Import of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia23.233.479.459.036.5%
Thailand6.410.322.816.938.2%
China3.49.311.38.435.2%
Indonesia0.10.42.01.5146.6%
SpainN/A0.51.81.361.2%
Others2.63.57.33.813.5%
Total35.757.412591.036.6%

Top Suppliers of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves to Colombia in 2022:

  1. Malaysia (6.0K tons)
  2. Thailand (2.1K tons)
  3. China (1.3K tons)
  4. Indonesia (0.2K tons)
  5. Spain (0.2K tons)

Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Colombia

In 2022, shipments abroad of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses decreased by -3.2% to 1.5K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.3% 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 +74.2% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 68%.

In value terms, exports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses expanded slightly to $9.7M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -2.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 58% against the previous year. As a result, the exports attained the peak of $9.9M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru4.97.47.87.816.8%
Ecuador0.91.40.61.16.9%
Spain0.10.10.10.10.0%
Bolivia0.10.20.10.10.0%
Others0.30.70.80.518.6%
Total6.29.99.59.716.1%

Top Export Markets for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves from Colombia in 2022:

  1. Peru (1190.5 tons)
  2. Ecuador (160.9 tons)
  3. Spain (29.5 tons)
  4. Bolivia (21.8 tons)

Source: IndexBox Market Intelligence Platform

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