Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Thailand - 2024
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Thailand (CIF) - 2022
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Thailand (FOB) - 2022
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Thailand
- Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Thailand
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Thailand (CIF) - 2022
The average import price for rubber stood at $4,177 per ton in 2022, declining by -24.1% against the previous year. Over the period under review, the import price, however, continues to indicate a measured increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 191%. Over the period under review, average import prices attained the peak figure at $8,297 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
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 the UK ($143,146 per ton), while the price for South Korea ($2,776 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+28.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Thailand (FOB) - 2022
In 2022, the average export price for rubber amounted to $4,347 per ton, with a decrease of -24.7% against the previous year. Over the period under review, the export price showed a slight curtailment. The pace of growth appeared the most rapid in 2017 when the average export price increased by 164%. The export price peaked at $6,817 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
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 Vietnam ($7,400 per ton), while the average price for exports to China ($1,488 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 the UK (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Thailand
In 2022, the amount of rubber imported into Thailand surged to 1.3K tons, rising by 50% compared with the previous year. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 126%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of rubber rose significantly to $5.6M in 2022. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 137% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 165 | 289 | 2,286 | 3,488 | 176.5% |
| Netherlands | 0.5 | 31.0 | 284 | 672 | 1003.6% |
| South Korea | 555 | 758 | 971 | 571 | 1.0% |
| Japan | 622 | 342 | 487 | 396 | -14.0% |
| France | 170 | 251 | 367 | 251 | 13.9% |
| Italy | 225 | 294 | 371 | 85.7 | -27.5% |
| Others | 242 | 94.0 | 116 | 112 | -22.6% |
| Total | 1,979 | 2,059 | 4,881 | 5,575 | 41.2% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Thailand in 2022:
- China (633.8 tons)
- South Korea (205.7 tons)
- Netherlands (156.8 tons)
- Japan (118.1 tons)
- France (49.7 tons)
- Italy (5.9 tons)
Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Thailand
In 2022, overseas shipments of rubber decreased by -1.4% to 690 tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.0% 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 +44.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 32% against the previous year. As a result, the exports reached the peak of 700 tons, and then reduced modestly in the following year.
In value terms, exports of rubber reduced notably to $3M in 2022. Overall, exports recorded a noticeable contraction. The most prominent rate of growth was recorded in 2021 with an increase of 40%. As a result, the exports attained the peak of $4M, and then shrank notably in the following year.
| Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 633 | 1,019 | 1,513 | 1,286 | 26.7% |
| Egypt | 278 | 140 | 135 | 235 | -5.4% |
| Cambodia | 567 | 249 | 285 | 191 | -30.4% |
| Taiwan (Chinese) | 171 | 246 | 216 | 184 | 2.5% |
| China | 37.7 | 6.1 | 82.8 | 172 | 65.9% |
| United States | 32.1 | 375 | 1,069 | 143 | 64.5% |
| Indonesia | 107 | 84.2 | 143 | 121 | 4.2% |
| Myanmar | 12.1 | 137 | 129 | 117 | 113.0% |
| Mexico | 25.8 | 124 | 81.4 | 112 | 63.1% |
| Lao People's Democratic Republic | 124 | 60.6 | 92.2 | 77.2 | -14.6% |
| Australia | 211 | 53.9 | 0.2 | 65.9 | -32.2% |
| Malaysia | 223 | 88.8 | 63.0 | 40.1 | -43.6% |
| United Kingdom | 74.1 | 32.0 | 37.8 | 5.0 | -59.3% |
| Others | 767 | 266 | 197 | 252 | -31.0% |
| Total | 3,262 | 2,880 | 4,044 | 3,000 | -2.8% |
Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from Thailand in 2022:
- Vietnam (173.8 tons)
- China (115.4 tons)
- Cambodia (60.1 tons)
- Egypt (46.3 tons)
- Indonesia (43.4 tons)
- Taiwan (Chinese) (43.0 tons)
- Mexico (42.6 tons)
- Myanmar (41.4 tons)
- Australia (25.5 tons)
- Malaysia (20.9 tons)
- United States (19.5 tons)
- Lao People's Democratic Republic (9.9 tons)
- United Kingdom (2.1 tons)
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