Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the United States - 2023
Contents:
- Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the United States (CIF) - 2022
- Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the United States (FOB) - 2022
- Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the United States
- Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the United States
Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the United States (CIF) - 2022
The average import price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses stood at $6,159 per ton in 2022, growing by 3% against the previous year. In general, the import price, however, saw a slight reduction. The most prominent rate of growth was recorded in 2018 an increase of 9.4%. Over the period under review, average import prices attained the maximum at $6,933 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($6,637 per ton) and Malaysia ($6,184 per ton), while the price for Indonesia ($5,950 per ton) and Sri Lanka ($5,985 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-0.4%), while the prices for the other major suppliers experienced a decline.
Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the United States (FOB) - 2022
The average export price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses stood at $2,489 per ton in 2022, falling by -18.1% against the previous year. Over the period under review, the export price recorded a deep contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 21% against the previous year. As a result, the export price attained the peak level of $9,638 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($2,878 per ton), while the average price for exports to Ukraine ($244 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 Mexico (-9.7%), while the prices for the other major destinations experienced a decline.
Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the United States
In 2022, approx. 1.9M tons of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses were imported into the United States; picking up by 14% against the year before. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 146%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses soared to $11.8B in 2022. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 148% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the United States (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 1.5 | 2.4 | 5.4 | 4.6 | 45.3% |
| Thailand | 0.4 | 0.6 | 1.4 | 4.2 | 119.0% |
| China | 0.3 | 0.8 | 2.8 | 1.2 | 58.7% |
| Indonesia | 0.1 | 0.2 | 0.3 | 0.7 | 91.3% |
| Sri Lanka | N/A | N/A | N/A | 0.5 | 0% |
| Vietnam | N/A | 0.1 | 0.2 | 0.3 | 73.2% |
| Others | N/A | 0.1 | 0.1 | 0.4 | 100.0% |
| Total | 2.4 | 4.1 | 10.1 | 11.8 | 70.0% |
Top Suppliers of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves to the United States in 2022:
- Malaysia (740.6K tons)
- Thailand (688.8K tons)
- China (199.1K tons)
- Indonesia (116.5K tons)
- Sri Lanka (80.2K tons)
- Vietnam (47.0K tons)
Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the United States
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 -37.8% to 58K tons. Overall, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 138% against the previous year. As a result, the exports reached the peak of 94K tons, and then fell notably in the following year.
In value terms, exports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses dropped markedly to $145M in 2022. In general, exports, however, showed resilient growth. The growth pace was the most rapid in 2021 with an increase of 62% against the previous year. As a result, the exports attained the peak of $285M, and then dropped significantly in the following year.
| Export of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 67.7 | 114 | 140 | 56.1 | -6.1% |
| Mexico | 15.8 | 24.4 | 55.4 | 34.6 | 29.9% |
| Malaysia | 3.2 | 4.5 | 26.1 | 22.7 | 92.1% |
| Costa Rica | 3.4 | 2.9 | 6.9 | 4.3 | 8.1% |
| Thailand | 0.2 | 0.2 | 5.3 | 3.1 | 149.3% |
| China | 5.1 | 5.4 | 2.7 | 1.5 | -33.5% |
| Indonesia | 0.1 | 0.1 | 12.2 | 0.4 | 58.7% |
| Ukraine | N/A | N/A | N/A | 0.3 | 0% |
| Others | 26.1 | 24.0 | 36.1 | 21.8 | -5.8% |
| Total | 122 | 176 | 285 | 145 | 5.9% |
Top Export Markets for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves from the United States in 2022:
- Canada (19.5K tons)
- Mexico (12.0K tons)
- Malaysia (9.9K tons)
- Costa Rica (2.1K tons)
- Thailand (1.5K tons)
- Ukraine (1.4K tons)
- China (0.6K tons)
- Indonesia (0.3K tons)
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