Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the UK - 2023
Contents:
- Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the UK (CIF) - 2022
- Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the UK (FOB) - 2022
- Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the UK
- Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the UK
Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the UK (CIF) - 2022
The average import price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses stood at $8,542 per ton in 2022, surging by 7.6% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses increased by +68.9% against 2016 indices. The most prominent rate of growth was recorded in 2020 an increase of 27%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($16,222 per ton), while the price for Sri Lanka ($7,661 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+13.2%), 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 the UK (FOB) - 2022
In 2022, the average export price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses amounted to $10,688 per ton, surging by 6.5% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses increased by +86.7% against 2017 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by 22% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($19,872 per ton), while the average price for exports to the Netherlands ($4,960 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 Spain (+9.0%), 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 the UK
In 2022, supplies from abroad of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses decreased by -70.5% to 31K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports showed a noticeable reduction. The most prominent rate of growth was recorded in 2020 with an increase of 118% against the previous year.
In value terms, imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses declined markedly to $268M in 2022. Overall, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 176% against the previous year.
| Import of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 124 | 334 | 558 | 96.0 | -8.2% |
| China | 21.1 | 141 | 123 | 94.5 | 64.8% |
| Thailand | 10.3 | 19.8 | 54.5 | 21.7 | 28.2% |
| Hong Kong SAR | 0.3 | 0.3 | 23.1 | 20.6 | 309.5% |
| Sri Lanka | 7.0 | 8.7 | 14.0 | 11.8 | 19.0% |
| Vietnam | 6.1 | 13.3 | 24.4 | 9.5 | 15.9% |
| Belgium | 16.9 | 14.4 | 12.1 | 0.3 | -73.9% |
| Others | 20.9 | 41.0 | 35.4 | 13.2 | -14.2% |
| Total | 207 | 572 | 844 | 268 | 9.0% |
Top Suppliers of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves to the UK in 2022:
- Malaysia (12.0K tons)
- China (11.0K tons)
- Thailand (2.8K tons)
- Hong Kong SAR (2.3K tons)
- Sri Lanka (1.5K tons)
- Vietnam (0.9K tons)
Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the UK
In 2022, shipments abroad of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses decreased by -63.7% to 3.9K tons, falling for the second year in a row after two years of growth. Overall, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 151% against the previous year. As a result, the exports reached the peak of 12K 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 shrank markedly to $42M in 2022. In general, exports, however, recorded a pronounced increase. The most prominent rate of growth was recorded in 2020 when exports increased by 174%.
| Export of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 14.1 | 25.6 | 24.1 | 10.6 | -9.1% |
| Germany | 5.1 | 6.6 | 10.0 | 8.3 | 17.6% |
| France | 3.0 | 5.8 | 7.8 | 3.9 | 9.1% |
| Netherlands | 1.4 | 2.8 | 14.1 | 3.2 | 31.7% |
| Italy | 1.5 | 3.3 | 3.0 | 2.1 | 11.9% |
| Denmark | 0.6 | 2.5 | 12.9 | 2.0 | 49.4% |
| Belgium | 1.8 | 31.8 | 5.6 | 1.5 | -5.9% |
| Spain | 2.0 | 4.2 | 2.5 | 1.4 | -11.2% |
| Sweden | 0.6 | 3.8 | 5.8 | 0.9 | 14.5% |
| Poland | 0.3 | 1.5 | 2.2 | 0.4 | 10.1% |
| Romania | 0.5 | 2.1 | 0.8 | 0.3 | -15.7% |
| Portugal | 0.2 | 1.4 | 1.0 | 0.1 | -20.6% |
| Others | 6.3 | 11.3 | 19.2 | 7.5 | 6.0% |
| Total | 37.5 | 103 | 109 | 42.2 | 4.0% |
Top Export Markets for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves from the UK in 2022:
- Ireland (902.6 tons)
- Germany (797.8 tons)
- Netherlands (637.4 tons)
- France (351.9 tons)
- Denmark (175.4 tons)
- Belgium (155.4 tons)
- Italy (126.9 tons)
- Sweden (96.1 tons)
- Spain (72.5 tons)
- Poland (54.5 tons)
- Romania (46.1 tons)
- Portugal (6.2 tons)
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