Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Australia - 2024
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Australia (CIF) - 2022
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Australia (FOB) - 2022
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Australia
- Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Australia
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Australia (CIF) - 2022
In 2022, the average import price for rubber amounted to $386 per ton, reducing by -79.6% against the previous year. In general, the import price recorded a sharp curtailment. The pace of growth was the most pronounced in 2020 when the average import price increased by 644% against the previous year. As a result, import price attained the peak level of $10,797 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($7,163 per ton), while the price for South Korea ($980 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Australia (FOB) - 2022
The average export price for rubber stood at $1,879 per ton in 2022, reducing by -53.3% against the previous year. Over the period under review, the export price showed a deep setback. The pace of growth was the most pronounced in 2017 an increase of 34%. Over the period under review, the average export prices attained the peak figure at $7,893 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($18,457 per ton), while the average price for exports to Pakistan ($147 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 Canada (-2.4%).
Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Australia
In 2022, imports of rubber into Australia surged to 1.5K tons, growing by 278% compared with the previous year. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 691% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, imports of rubber contracted remarkably to $593K in 2022. Over the period under review, imports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, imports reached the peak of $770K, and then fell markedly in the following year.
| Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 58.8 | 37.1 | 91.9 | 146 | 35.4% |
| South Korea | 85.2 | 99.3 | 102 | 137 | 17.2% |
| China | 57.4 | 37.9 | 109 | 68.6 | 6.1% |
| Japan | 87.8 | N/A | 152 | 64.3 | -9.9% |
| Taiwan (Chinese) | 26.5 | 39.0 | 54.0 | 45.5 | 19.7% |
| United Kingdom | 98.7 | 42.0 | 58.9 | 33.2 | -30.5% |
| Germany | 56.4 | 91.2 | 18.4 | 19.2 | -30.2% |
| Others | 229 | 208 | 184 | 79.4 | -29.7% |
| Total | 700 | 555 | 770 | 593 | -5.4% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Australia in 2022:
- South Korea (139.4 tons)
- China (64.6 tons)
- United States (37.0 tons)
- Japan (30.2 tons)
- Taiwan (Chinese) (20.3 tons)
- United Kingdom (7.8 tons)
- Germany (4.9 tons)
Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Australia
Exports of rubber from Australia shrank remarkably to 220 tons in 2022, dropping by -76% on 2021. In general, exports continue to indicate a dramatic shrinkage. The smallest decline of -22.3% was in 2020.
In value terms, exports of rubber reduced sharply to $413K in 2022. Over the period under review, exports showed a precipitous curtailment. The smallest decline of -37.1% was in 2020.
| Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 9.2 | 5.5 | 3.1 | 0.2 | -72.1% |
| Canada | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Pakistan | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.4 | 0.6 | 0.1 | 0.0% |
| Total | 9.3 | 5.9 | 3.7 | 0.4 | -65.0% |
Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from Australia in 2022:
- Pakistan (109.8 tons)
- New Zealand (101.5 tons)
- Canada (4.2 tons)
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