Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Saudi Arabia - 2022
Contents:
- Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Saudi Arabia (FOB) - 2022
- Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Saudi Arabia (CIF) - 2022
- Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Saudi Arabia
- Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Saudi Arabia
Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Saudi Arabia (FOB) - 2022
The average export price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses stood at $2,308 per ton in 2022, picking up by 19% against the previous year. In general, the export price, however, recorded a deep slump. The pace of growth appeared the most rapid in 2020 when the average export price increased by 28%. The export price peaked at $6,965 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($3,325 per ton), while the average price for exports to Ukraine ($637 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 China (+92.7%), while the prices for the other major destinations experienced a decline.
Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Saudi Arabia (CIF) - 2022
The average import price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses stood at $8,301 per ton in 2021, picking up by 67% against the previous year. Over the period under review, the import price continues to indicate a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Sri Lanka ($9,843 per ton) and Malaysia ($8,593 per ton), while the price for China ($7,779 per ton) and Thailand ($8,326 per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Saudi Arabia
In 2022, after three years of growth, there was significant decline in overseas shipments of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses, when their volume decreased by -44.7% to 70 tons. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,110% against the previous year.
In value terms, exports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses dropped notably to $161K in 2022. Overall, exports, however, showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 1,451% against the previous year.
| Export of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | 0.9 | N/A | 75.5 | 815.9% |
| Finland | N/A | N/A | 0.2 | 4.1 | 1950.0% |
| Ukraine | N/A | N/A | N/A | 1.7 | 0% |
| Dominican Republic | N/A | 35.9 | N/A | N/A | 0% |
| United Arab Emirates | N/A | 2.4 | 1.3 | N/A | -45.8% |
| China | N/A | 11.6 | 0.1 | N/A | -99.1% |
| Malaysia | N/A | N/A | 115 | N/A | 0% |
| Oman | 0.4 | 7.7 | 13.5 | N/A | 480.9% |
| Others | 4.6 | 19.7 | 114 | 79.6 | 158.7% |
| Total | 5.0 | 78.1 | 244 | 161 | 218.1% |
Top Export Markets for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves from Saudi Arabia in 2022:
- France (22.7 tons)
- Finland (3.2 tons)
- Ukraine (2.7 tons)
Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Saudi Arabia
For the third year in a row, Saudi Arabia recorded growth in supplies from abroad of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses, which increased by 3.6% to 6.6K tons in 2021. The total import volume increased at an average annual rate of +5.2% over the period from 2019 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 6.8%. Imports peaked in 2021 and are likely to see steady growth in years to come.
In value terms, imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses soared to $55M in 2021. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Malaysia | 10.7 | 18.6 | 28.7 | 63.8% | |
| China | 4.9 | 6.5 | 21.2 | 108.0% | |
| Thailand | 4.9 | 4.9 | 2.7 | -25.8% | |
| Sri Lanka | 0.8 | 0.5 | 1.6 | 41.4% | |
| Others | 1.2 | 1.2 | 0.5 | -35.5% | |
| Total | 22.5 | 31.7 | 54.7 | 55.9% | |
Top Suppliers of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves to Saudi Arabia in 2022:
- Malaysia (3.3K tons)
- China (2.7K tons)
- Thailand (0.3K tons)
- Sri Lanka (0.2K tons)
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