Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Singapore - 2023
Contents:
- Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Singapore (CIF) - 2022
- Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Singapore (FOB) - 2022
- Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Singapore
- Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Singapore
Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Singapore (CIF) - 2022
In 2022, the average import price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses amounted to $9,682 per ton, declining by -31.5% against the previous year. Overall, the import price, however, continues to indicate a temperate increase. The growth pace was the most rapid in 2020 an increase of 57%. The import price peaked at $14,126 per ton in 2021, and then shrank rapidly in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Thailand ($9,896 per ton) and Malaysia ($9,896 per ton), while the price for Vietnam ($7,047 per ton) and China ($8,730 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+4.7%), 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 Singapore (FOB) - 2022
The average export price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses stood at $12,989 per ton in 2022, waning by -7.7% against the previous year. Over the period under review, the export price, however, recorded a prominent increase. The growth pace was the most rapid in 2021 when the average export price increased by 82% against the previous year. As a result, the export price attained the peak level of $14,067 per ton, and then dropped in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($14,274 per ton), while the average price for exports to Vietnam ($6,954 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 Israel (+7.6%), 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 Singapore
In 2022, overseas purchases of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses decreased by -43.6% to 4.5K tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 96% against the previous year. As a result, imports reached the peak of 9.5K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses declined sharply to $43M in 2022. In general, imports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 207% against the previous year.
| Import of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 19.5 | 72.2 | 84.9 | 32.8 | 18.9% |
| Thailand | 3.6 | 6.4 | 15.5 | 6.0 | 18.6% |
| China | 3.0 | 4.8 | 6.0 | 2.3 | -8.5% |
| Vietnam | 0.2 | 2.7 | 1.4 | 0.5 | 35.7% |
| Others | 2.5 | 2.5 | 3.7 | 1.5 | -15.7% |
| Total | 28.9 | 88.6 | 111 | 43.1 | 14.3% |
Top Suppliers of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves to Singapore in 2022:
- Malaysia (3314.8 tons)
- Thailand (603.9 tons)
- China (266.9 tons)
- Vietnam (77.8 tons)
Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Singapore
In 2022, overseas shipments of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses decreased by -16.6% to 1.7K tons, falling for the second consecutive year after two years of growth. Overall, exports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2020 when exports increased by 118%. As a result, the exports reached the peak of 2.5K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses dropped rapidly to $22M in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 181%.
| Export of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 1.3 | 2.2 | 3.4 | 2.7 | 27.6% |
| United States | 0.3 | 3.4 | 3.1 | 2.5 | 102.7% |
| New Zealand | 0.2 | 0.3 | 2.7 | 2.2 | 122.4% |
| France | N/A | 1.8 | 2.6 | 2.1 | 8.0% |
| Australia | 0.5 | 0.8 | 2.2 | 1.8 | 53.3% |
| China | 0.7 | 0.5 | 2.0 | 1.6 | 31.7% |
| Israel | 0.2 | 1.2 | 1.8 | 1.4 | 91.3% |
| Indonesia | 0.9 | 1.0 | 1.5 | 1.2 | 10.1% |
| Germany | N/A | 0.5 | 1.1 | 0.9 | 34.2% |
| Sweden | 0.5 | 0.4 | 0.8 | 0.7 | 11.9% |
| Netherlands | N/A | 1.9 | 0.9 | 0.7 | -39.3% |
| United Kingdom | N/A | 1.1 | 0.2 | 0.4 | -39.7% |
| Philippines | 0.6 | 0.3 | 0.2 | 0.3 | -20.6% |
| Others | 1.7 | 4.0 | 5.9 | 3.3 | 24.7% |
| Total | 6.9 | 19.3 | 28.4 | 21.9 | 47.0% |
Top Export Markets for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves from Singapore in 2022:
- Malaysia (193.5 tons)
- United States (185.1 tons)
- New Zealand (153.2 tons)
- France (148.4 tons)
- Australia (123.4 tons)
- China (111.9 tons)
- Indonesia (103.2 tons)
- Israel (99.6 tons)
- Netherlands (79.9 tons)
- Germany (64.0 tons)
- Sweden (52.3 tons)
- United Kingdom (42.0 tons)
- Philippines (39.7 tons)
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