Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Mexico - 2023
Contents:
- Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Mexico (CIF) - 2022
- Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Mexico (FOB) - 2022
- Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Mexico
- Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Mexico
Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Mexico (CIF) - 2022
In 2022, the average import price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses amounted to $2,778 per ton, increasing by 5.5% against the previous year. Overall, the import price, however, saw a abrupt decline. The import price peaked at $6,200 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sri Lanka ($8,838 per ton), while the price for Thailand ($1,688 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+2.2%), 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 Mexico (FOB) - 2022
The average export price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses stood at $9,919 per ton in 2022, stabilizing at the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 37% against the previous year. The export price peaked at $10,055 per ton in 2021, and then declined in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($13,063 per ton), while the average price for exports to Costa Rica ($4,455 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 Dominican Republic (+7.2%), 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 Mexico
After three years of growth, overseas purchases of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses decreased by -46.4% to 37K tons in 2022. Overall, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 139%. As a result, imports reached the peak of 68K tons, and then shrank significantly in the following year.
In value terms, imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses fell notably to $102M in 2022. Over the period under review, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 110% against the previous year. As a result, imports reached the peak of $180M, and then dropped rapidly in the following year.
| Import of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 30.9 | 40.3 | 83.1 | 37.9 | 7.0% |
| China | 9.9 | 13.2 | 37.6 | 24.2 | 34.7% |
| Thailand | 11.6 | 21.2 | 35.7 | 21.4 | 22.6% |
| Indonesia | 5.3 | 5.1 | 12.7 | 8.7 | 18.0% |
| United States | 2.9 | 2.1 | 3.6 | 3.8 | 9.4% |
| Others | 2.7 | 3.8 | 7.1 | 5.7 | 28.3% |
| Total | 63.3 | 85.6 | 180 | 102 | 17.2% |
Top Suppliers of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves to Mexico in 2022:
- Malaysia (15.7K tons)
- Thailand (12.7K tons)
- China (5.2K tons)
- Indonesia (1.0K tons)
- United States (0.8K tons)
Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Mexico
In 2022, exports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses from Mexico reached 595 tons, picking up by 15% compared with the year before. The total export volume increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses expanded markedly to $5.9M in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 37%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,108 | 3,250 | 3,140 | 4,896 | 32.4% |
| Guatemala | 235 | N/A | 1,145 | 689 | 43.1% |
| Dominican Republic | 44.2 | 52.7 | 17.5 | 88.1 | 25.8% |
| Costa Rica | N/A | 210 | 367 | 87.7 | -35.4% |
| Colombia | 167 | 52.1 | 361 | 20.9 | -50.0% |
| Spain | 288 | 524 | 2.8 | N/A | -90.1% |
| Others | 381 | 333 | 182 | 121 | -31.8% |
| Total | 3,223 | 4,422 | 5,216 | 5,903 | 22.4% |
Top Export Markets for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves from Mexico in 2022:
- United States (434.7 tons)
- Guatemala (119.1 tons)
- Costa Rica (19.7 tons)
- Dominican Republic (9.8 tons)
- Colombia (1.6 tons)
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