Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in India - 2023

Contents:

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

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

In 2022, the average import price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses amounted to $8,587 per ton, declining by -46.3% against the previous year. In general, the import price, however, continues to indicate noticeable growth. The growth pace was the most rapid in 2021 an increase of 73%. As a result, import price attained the peak level of $16,003 per ton, and then shrank notably 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 Indonesia ($8,587 per ton) and China ($8,587 per ton), while the price for Thailand ($8,587 per ton) and Sri Lanka ($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 Indonesia (+2.4%), 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 India (FOB) - 2022

In 2022, the average export price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses amounted to $11,429 per ton, with a decrease of -41.7% against the previous year. Overall, the export price, however, saw a moderate increase. The growth pace was the most rapid in 2020 an increase of 108%. Over the period under review, the average export prices attained the peak figure at $19,590 per ton in 2021, and then fell significantly in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Tanzania ($11,451 per ton) and Burkina Faso ($11,451 per ton), while the average price for exports to Mozambique ($11,451 per ton) and Sudan ($11,451 per ton) were 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 (+11.1%), 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 India

In 2022, purchases abroad of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses decreased by -43.7% to 11K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a slight curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 37% against the previous year.

In value terms, imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses dropped notably to $96M in 2022. Overall, imports, however, saw strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 118% against the previous year. As a result, imports attained the peak of $319M, and then dropped significantly in the following year.

Import of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia48.410824973.214.8%
Sri Lanka4.74.07.69.325.5%
Thailand10.124.235.18.6-5.2%
China0.41.010.91.555.4%
Indonesia2.32.78.50.8-29.7%
Others2.56.28.32.95.1%
Total68.514631996.412.1%

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

  1. Malaysia (8.5K tons)
  2. Sri Lanka (1.1K tons)
  3. Thailand (1.0K tons)
  4. China (0.2K tons)
  5. Indonesia (0.1K tons)

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

In 2022, the amount of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses exported from India fell sharply to 2.3K tons, which is down by -33.5% compared with the previous year's figure. In general, exports, however, saw a prominent increase. The pace of growth was the most pronounced in 2021 when exports increased by 164% against the previous year. As a result, the exports attained the peak of 3.4K tons, and then dropped sharply in the following year.

In value terms, exports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses dropped remarkably to $26M in 2022. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 314% against the previous year. As a result, the exports reached the peak of $67M, and then declined sharply in the following year.

Export of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,0481,7717,9962,23928.8%
Ethiopia59114.31,5352,03250.9%
Burkina Faso0.2N/A2,6661,6111904.6%
Tanzania44.13.83,7611,545227.2%
United Arab Emirates2267439991,12570.7%
IndonesiaN/AN/A1.41,08677471.4%
Senegal10215.01,379946110.1%
Nepal26579753071239.0%
Sudan1.30.456.5699713.2%
Mozambique33.78.8271635166.1%
Kenya1,9381,5501,953608-32.1%
Angola11582.482458171.6%
Nigeria2.410.31,111545510.1%
Others4,34511,10643,56511,48738.3%
Total8,71116,10266,64725,85143.7%

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

  1. United States (195.5 tons)
  2. Ethiopia (177.5 tons)
  3. Burkina Faso (140.7 tons)
  4. Tanzania (135.0 tons)
  5. United Arab Emirates (98.3 tons)
  6. Indonesia (94.8 tons)
  7. Senegal (82.6 tons)
  8. Nepal (62.2 tons)
  9. Sudan (61.0 tons)
  10. Mozambique (55.4 tons)
  11. Kenya (53.1 tons)
  12. Angola (50.7 tons)
  13. Nigeria (47.6 tons)

Source: IndexBox Market Intelligence Platform

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