United Kingdom - Synthetic Latex Rubber - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSynthetic Latex Rubber Price in the UK - 2023
Contents:
- Synthetic Latex Rubber Price in the UK (CIF) - 2022
- Synthetic Latex Rubber Price in the UK (FOB) - 2022
- Synthetic Latex Rubber Imports in the UK
- Synthetic Latex Rubber Exports in the UK
Synthetic Latex Rubber Price in the UK (CIF) - 2022
In 2022, the average synthetic latex rubber import price amounted to $1,590 per ton, growing by 14% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 24%. Over the period under review, average import prices hit record highs at $1,639 per ton in 2012; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($5,885 per ton), while the price for the Netherlands ($1,138 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-0.1%), while the prices for the other major suppliers experienced a decline.
Synthetic Latex Rubber Price in the UK (FOB) - 2022
In 2022, the average synthetic latex rubber export price amounted to $4,168 per ton, growing by 9% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, synthetic latex rubber export price increased by +32.7% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 38%. As a result, the export price attained the peak level of $5,039 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($21,315 per ton), while the average price for exports to Ireland ($1,505 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 (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.
Synthetic Latex Rubber Imports in the UK
In 2022, the amount of synthetic latex rubber imported into the UK skyrocketed to 36K tons, picking up by 25% against the previous year. The total import volume increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, synthetic latex rubber imports skyrocketed to $58M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Synthetic Latex Rubber in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 13.2 | 11.8 | 18.2 | 27.3 | 27.4% |
| Japan | 2.4 | 2.2 | 2.5 | 8.3 | 51.2% |
| Belgium | 6.4 | 3.9 | 6.7 | 7.6 | 5.9% |
| Netherlands | 10.3 | 6.5 | 6.2 | 7.2 | -11.3% |
| Italy | 0.8 | 0.4 | 0.5 | 1.4 | 20.5% |
| Others | 3.6 | 5.2 | 6.5 | 5.8 | 17.2% |
| Total | 36.7 | 29.9 | 40.6 | 57.7 | 16.3% |
Top Suppliers of Synthetic Latex Rubber to the UK in 2022:
- Germany (20.1K tons)
- Netherlands (6.3K tons)
- Belgium (6.2K tons)
- Japan (1.4K tons)
- Italy (0.6K tons)
Synthetic Latex Rubber Exports in the UK
In 2022, the amount of synthetic latex rubber exported from the UK reached 1.4K tons, remaining relatively unchanged against 2021. The total export volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 7.9%. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, synthetic latex rubber exports rose sharply to $5.9M in 2022. The total export value increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Synthetic Latex Rubber in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 1.5 | 53.3 | 1,356 | 1,155 | 816.6% |
| Sweden | 568 | 967 | 866 | 1,012 | 21.2% |
| Thailand | 20.9 | 3.4 | 9.3 | 546 | 196.7% |
| Ireland | 268 | 218 | 249 | 461 | 19.8% |
| Netherlands | 422 | 72.5 | 191 | 409 | -1.0% |
| United States | 200 | 103 | 271 | 348 | 20.3% |
| Germany | 293 | 283 | 213 | 347 | 5.8% |
| Malaysia | 62.8 | 102 | 84.7 | 174 | 40.5% |
| Hungary | 15.7 | 3.8 | 87.1 | 160 | 116.8% |
| France | 638 | 1,018 | 320 | 149 | -38.4% |
| Georgia | N/A | N/A | N/A | 82.8 | 0% |
| United Arab Emirates | 527 | 11.1 | 6.5 | 7.9 | -75.3% |
| Ukraine | 474 | 94.5 | 8.7 | N/A | -86.5% |
| Others | 2,145 | 1,200 | 1,764 | 1,067 | -20.8% |
| Total | 5,636 | 4,130 | 5,428 | 5,917 | 1.6% |
Top Export Markets for Synthetic Latex Rubber from the UK in 2022:
- South Africa (352.5 tons)
- Ireland (306.0 tons)
- Sweden (143.7 tons)
- Netherlands (119.7 tons)
- Germany (82.7 tons)
- France (72.1 tons)
- United States (46.4 tons)
- Georgia (40.1 tons)
- Hungary (35.9 tons)
- Malaysia (29.7 tons)
- Thailand (25.6 tons)
- United Arab Emirates (1.1 tons)
This report provides an in-depth analysis of the synthetic latex rubber market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20171050 - Synthetic latex rubber
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The import growth of Synthetic Latex Rubber from August 2023 to November 2023 was stagnant. In terms of value, the imports of Synthetic Latex Rubber dramatically decreased to $3.6M in November 2023.
311
Discover the top import markets for synthetic latex rubber and their key statistics. Malaysia, China, and Thailand lead the way, according to IndexBox data.
1389
In 2016, the amount of synthetic rubber imported worldwide amounted to X tons, approximately mirroring the previous year level. The total import volume increased at an average annual rate of +X>
1335
In 2016, the amount of synthetic rubber imported worldwide amounted to X tons, approximately mirroring the previous year level. The total import volume increased at an average annual rate of +X>
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Discover the top import markets for synthetic rubber (excluding latex) with key statistics and analysis. Learn about the leading countries driving the demand for synthetic rubber. Read more on IndexBox market intelligence platform.
144
The import growth of Synthetic Latex Rubber from August 2023 to November 2023 was stagnant. In terms of value, the imports of Synthetic Latex Rubber dramatically decreased to $3.6M in November 2023.
311
Discover the top import markets for synthetic latex rubber and their key statistics. Malaysia, China, and Thailand lead the way, according to IndexBox data.
1389
In 2016, the amount of synthetic rubber imported worldwide amounted to X tons, approximately mirroring the previous year level. The total import volume increased at an average annual rate of +X>
1335
In 2016, the amount of synthetic rubber imported worldwide amounted to X tons, approximately mirroring the previous year level. The total import volume increased at an average annual rate of +X>
199
Discover the top import markets for synthetic rubber (excluding latex) with key statistics and analysis. Learn about the leading countries driving the demand for synthetic rubber. Read more on IndexBox market intelligence platform.
