Australia - Synthetic Rubber (Excluding Latex) - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Synthetic Rubber (Excluding Latex) in Australia - 2023
Contents:
- Price for Synthetic Rubber (Excluding Latex) in Australia (CIF) - 2022
- Price for Synthetic Rubber (Excluding Latex) in Australia (FOB) - 2022
- Imports of Synthetic Rubber (Excluding Latex) in Australia
- Exports of Synthetic Rubber (Excluding Latex) in Australia
Price for Synthetic Rubber (Excluding Latex) in Australia (CIF) - 2022
In 2022, the average synthetic rubber (excluding latex) import price amounted to $2,571 per ton, increasing by 21% against the previous year. Over the period under review, the import price, however, saw a pronounced reduction. The pace of growth was the most pronounced in 2017 an increase of 32% against the previous year. The import price peaked at $3,252 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 the United States ($5,570 per ton), while the price for South Africa ($339 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 (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Synthetic Rubber (Excluding Latex) in Australia (FOB) - 2022
The average synthetic rubber (excluding latex) export price stood at $3,736 per ton in 2022, rising by 21% against the previous year. Over the period under review, the export price, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 101% against the previous year. The export price peaked at $7,547 per ton in 2013; however, from 2014 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 China ($10,680 per ton), while the average price for exports to Vietnam ($987 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 China (+8.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Synthetic Rubber (Excluding Latex) in Australia
In 2022, supplies from abroad of synthetic rubber (excluding latex) decreased by -2.6% to 29K tons, falling for the second year in a row after two years of growth. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 0.7% against the previous year. As a result, imports reached the peak of 30K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, synthetic rubber (excluding latex) imports skyrocketed to $76M in 2022. The total import value increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Synthetic Rubber (Excluding Latex) in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 21.5 | 15.9 | 24.5 | 30.3 | 12.1% |
| China | 7.8 | 5.3 | 5.2 | 11.0 | 12.1% |
| Japan | 5.9 | 5.2 | 5.9 | 9.7 | 18.0% |
| Taiwan (Chinese) | 3.0 | 5.4 | 4.4 | 4.8 | 17.0% |
| United States | 6.2 | 3.8 | 6.8 | 4.6 | -9.5% |
| France | 4.3 | 2.5 | 2.3 | 3.5 | -6.6% |
| Malaysia | 1.5 | 1.3 | 1.0 | 1.7 | 4.3% |
| Thailand | 1.7 | 1.0 | 1.1 | 1.5 | -4.1% |
| Italy | 3.1 | 2.1 | 2.2 | 1.2 | -27.1% |
| Germany | 7.7 | 5.5 | 4.8 | 0.8 | -53.0% |
| South Africa | 0.2 | 0.6 | 0.8 | 0.5 | 35.7% |
| Others | 4.5 | 5.7 | 5.6 | 6.3 | 11.9% |
| Total | 67.4 | 54.2 | 64.6 | 75.8 | 4.0% |
Top Suppliers of Synthetic Rubber (Excluding Latex) to Australia in 2022:
- South Korea (14.5K tons)
- China (3.8K tons)
- Japan (2.3K tons)
- Taiwan (Chinese) (1.9K tons)
- South Africa (1.3K tons)
- Malaysia (1.1K tons)
- France (0.9K tons)
- United States (0.8K tons)
- Thailand (0.7K tons)
- Italy (0.3K tons)
- Germany (0.2K tons)
Exports of Synthetic Rubber (Excluding Latex) in Australia
In 2022, synthetic rubber (excluding latex) exports from Australia surged to 475 tons, rising by 113% against 2021 figures. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 249% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, synthetic rubber (excluding latex) exports surged to $1.8M in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Synthetic Rubber (Excluding Latex) in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 86.4 | N/A | 14.0 | 374 | 63.0% |
| New Zealand | 309 | 248 | 312 | 304 | -0.5% |
| India | 7.7 | 16.6 | N/A | 213 | 202.4% |
| United States | 22.6 | N/A | 20.7 | 195 | 105.1% |
| Thailand | N/A | N/A | 2.0 | 70.8 | 3440.0% |
| Papua New Guinea | 102 | 7.3 | 3.1 | 70.4 | -11.6% |
| Vietnam | 29.3 | 12.6 | 77.8 | 51.7 | 20.8% |
| Indonesia | 32.5 | 1.1 | 5.8 | 20.2 | -14.7% |
| Hong Kong SAR | 132 | 3.3 | 6.9 | N/A | -77.1% |
| Venezuela | N/A | N/A | 12.4 | N/A | 0% |
| Cambodia | N/A | N/A | 91.4 | N/A | 0% |
| South Africa | 45.1 | 6.8 | 16.5 | N/A | -39.5% |
| Others | 147 | 141 | 128 | 477 | 48.0% |
| Total | 914 | 437 | 691 | 1,776 | 24.8% |
Top Export Markets for Synthetic Rubber (Excluding Latex) from Australia in 2022:
- India (201.9 tons)
- New Zealand (84.8 tons)
- Vietnam (52.4 tons)
- United States (38.3 tons)
- China (35.0 tons)
- Papua New Guinea (17.3 tons)
- Indonesia (10.2 tons)
- Thailand (7.6 tons)
This report provides an in-depth analysis of the market for synthetic rubber (excluding latex) in Australia. 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 20171090 - Synthetic rubber (excluding latex)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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
168
This report provides an in-depth analysis of the market for synthetic rubber (excluding latex) in Australia.
415
This report provides an in-depth analysis of the synthetic rubber market in Australia.
111
This report provides an in-depth analysis of the market for isoprene rubber (ir) in primary form in Australia.
356
This report provides an in-depth analysis of the synthetic latex rubber market in Australia.
183
This report provides an in-depth analysis of the global market for synthetic rubber (excluding latex).
2124
This report provides an in-depth analysis of the global synthetic rubber market.
224
This report provides an in-depth analysis of the global market for isoprene rubber (ir) in primary form.
756
This report provides an in-depth analysis of the global synthetic latex rubber market.
168
This report provides an in-depth analysis of the market for synthetic rubber (excluding latex) in Australia.
415
This report provides an in-depth analysis of the synthetic rubber market in Australia.
219
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.
1425
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>
1374
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>
364
Discover the top import markets for synthetic latex rubber and their key statistics. Malaysia, China, and Thailand lead the way, according to IndexBox data.
219
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.
1425
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>
1374
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>
364
Discover the top import markets for synthetic latex rubber and their key statistics. Malaysia, China, and Thailand lead the way, according to IndexBox data.
