Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the United Arab Emirates - 2022

Contents:

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

Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the United Arab Emirates (CIF) - 2022

The average import price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses stood at $7,478 per ton in 2022, approximately mirroring the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.1% 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 +68.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 48% against the previous year. The import price peaked at $7,492 per ton in 2021, and then reduced slightly in the following year.

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 India ($11,298 per ton), while the price for China ($5,070 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+4.6%), 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 United Arab Emirates (FOB) - 2022

In 2022, the average export price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses amounted to $9,092 per ton, shrinking by -2.7% against the previous year. In general, the export price, however, recorded a strong increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 52%. The export price peaked at $9,345 per ton in 2021, and then fell modestly in the following year.

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 Georgia ($12,220 per ton), while the average price for exports to Rwanda ($2,470 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 Uganda (+23.6%), 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 the United Arab Emirates

In 2022, imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses into the United Arab Emirates surged to 8.3K tons, jumping by 37% on the previous year. Over the period under review, imports saw strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 73%. As a result, imports attained the peak of 12K 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 soared to $62M in 2022. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 155%. As a result, imports attained the peak of $79M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves to the United Arab Emirates in 2022:

1. China (5.3K tons)
2. Sri Lanka (1.1K tons)
3. Canada (0.7K tons)
4. India (0.5K tons)

Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the United Arab Emirates

In 2022, after three years of growth, there was significant decline in shipments abroad of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses, when their volume decreased by -19.5% to 627 tons. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +10.1% 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 increased by +33.4% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. As a result, the exports reached the peak of 778 tons, and then contracted significantly in the following year.

In value terms, exports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses fell dramatically to $5.7M in 2022. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 77% against the previous year. As a result, the exports reached the peak of $7.3M, and then dropped sharply in the following year.

Top Export Markets for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves from the United Arab Emirates in 2022:

1. Georgia (404.2 tons)
2. Mozambique (159.2 tons)
3. Rwanda (28.3 tons)
4. United States (20.2 tons)
5. Netherlands (4.2 tons)
6. Tanzania (2.6 tons)
7. India (0.1 tons)

Source: IndexBox Market Intelligence Platform