Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in India - 2023
Contents:
- Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in India (CIF) - 2023
- Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in India (FOB) - 2022
- Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in India
- Exports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in India
Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in India (CIF) - 2023
In November 2023, the average import price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips amounted to $1,551 per ton, approximately mirroring the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 an increase of 9.1% month-to-month. Over the period under review, average import prices reached the peak figure at $1,700 per ton in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($4,245 per ton), while the price for Canada ($435 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by South Korea (+0.3%), while the prices for the other major suppliers experienced a decline.
Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in India (FOB) - 2022
In 2022, the average export price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips amounted to $2,728 per ton, surging by 4.2% against the previous year. Overall, the export price, however, showed a perceptible curtailment. The pace of growth appeared the most rapid in 2014 when the average export price increased by 225%. As a result, the export price attained the peak level of $14,663 per ton. From 2015 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 the United States ($5,175 per ton), while the average price for exports to Malaysia ($910 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 Bangladesh (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in India
In 2022, the amount of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips imported into India surged to 135K tons, picking up by 20% against 2021 figures. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.8% 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 +47.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips skyrocketed to $250M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 32% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
| Import of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 66.9 | 51.6 | 65.6 | 83.9 | 7.8% |
| Malaysia | 25.2 | 36.5 | 50.3 | 59.7 | 33.3% |
| United States | 19.4 | 15.7 | 20.7 | 24.4 | 7.9% |
| Indonesia | 1.2 | 3.9 | 10.8 | 12.4 | 117.8% |
| South Korea | 9.2 | 9.8 | 11.3 | 12.2 | 9.9% |
| Germany | 12.1 | 9.4 | 11.9 | 10.3 | -5.2% |
| Italy | 7.4 | 7.0 | 10.6 | 8.7 | 5.5% |
| United Kingdom | 4.9 | 2.1 | 3.5 | 5.8 | 5.8% |
| Canada | 5.0 | 4.2 | 1.5 | 5.6 | 3.8% |
| Japan | 3.4 | 3.0 | 4.3 | 3.2 | -2.0% |
| Netherlands | 2.9 | 1.0 | 0.7 | 1.6 | -18.0% |
| Others | 11.3 | 12.1 | 14.7 | 22.3 | 25.4% |
| Total | 169 | 156 | 206 | 250 | 13.9% |
Top Suppliers of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip to India in 2022:
- Thailand (37.0K tons)
- Malaysia (30.9K tons)
- United States (30.5K tons)
- Canada (7.8K tons)
- Indonesia (5.7K tons)
- South Korea (3.4K tons)
- Germany (2.7K tons)
- United Kingdom (2.1K tons)
- Italy (2.0K tons)
- Netherlands (1.6K tons)
- Japan (1.4K tons)
Exports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in India
For the fourth consecutive year, India recorded growth in shipments abroad of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips, which increased by 22% to 14K tons in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +15.8% 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 +55.2% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips surged to $39M in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.0% 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 +77.0% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 1.6 | 4.1 | 2.7 | 7.1 | 64.3% |
| South Africa | 1.8 | 2.7 | 3.7 | 4.9 | 39.6% |
| Vietnam | 1.1 | 0.9 | 3.1 | 3.1 | 41.3% |
| Sri Lanka | 0.7 | 0.5 | 1.8 | 2.7 | 56.8% |
| Thailand | 0.9 | 0.7 | 1.3 | 2.3 | 36.7% |
| United Arab Emirates | 3.0 | 2.9 | 2.7 | 2.2 | -9.8% |
| Chile | 0.8 | 0.9 | 1.4 | 2.2 | 40.1% |
| United States | 1.6 | 1.8 | 2.3 | 2.0 | 7.7% |
| Bangladesh | 1.0 | 1.4 | 1.0 | 1.5 | 14.5% |
| Kenya | 0.6 | 0.6 | 0.6 | 1.2 | 26.0% |
| Bahrain | 0.7 | 0.4 | 1.1 | 1.0 | 12.6% |
| Nepal | 0.8 | 0.6 | 1.0 | 0.9 | 4.0% |
| Malaysia | 0.2 | 0.6 | 0.3 | 0.5 | 35.7% |
| Others | 7.0 | 7.6 | 7.5 | 7.2 | 0.9% |
| Total | 21.9 | 25.7 | 30.5 | 38.7 | 20.9% |
Top Export Markets for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip from India in 2022:
- Israel (3.2K tons)
- United Arab Emirates (1.7K tons)
- South Africa (1.3K tons)
- Sri Lanka (1.2K tons)
- Vietnam (0.9K tons)
- Chile (0.8K tons)
- Thailand (0.7K tons)
- Bangladesh (0.5K tons)
- Malaysia (0.5K tons)
- Kenya (0.5K tons)
- United States (0.4K tons)
- Bahrain (0.3K tons)
- Nepal (0.3K tons)
421
This report provides an in-depth analysis of the unvulcanized rubber market in India.
336
This report provides an in-depth analysis of the unvulcanised rubber market in India.
1082
This report provides an in-depth analysis of the global unvulcanized rubber market.
570
This report provides an in-depth analysis of the global unvulcanised rubber market.
421
This report provides an in-depth analysis of the unvulcanized rubber market in India.
336
This report provides an in-depth analysis of the unvulcanised rubber market in India.
1082
This report provides an in-depth analysis of the global unvulcanized rubber market.
570
This report provides an in-depth analysis of the global unvulcanised rubber market.
275
In July 2023, the import value of Unvulcanised Rubber surged to $19 million.
82
Discover the top 10 import markets for unvulcanized rubber in the world. Learn about the key countries driving the demand for raw rubber.
1049
Global unvulcanized rubber imports stood at X tons in 2016, dropping by -X% against the previous year figure. In general, unvulcanized rubber imports continue to indicate a moderate shrinkage....
805
Global unvulcanized rubber imports stood at X tons in 2016, dropping by -X% against the previous year figure. In general, unvulcanized rubber imports continue to indicate a moderate shrinkage....
1617
EU unvulcanized rubber production showed mixed dynamics from 2007 to 2014, eventually falling from X thousand tons in 2007 to X thousand tons in 2014. It dropped with a CAGR of X% over the period under review. In value terms, EU rubber pr
1232
Germany held off a hard charging Thailand in the global unvulcanized rubber trade. In 2014, Germany exported X kt of unvulcanized rubber totaling $X, X% under the previous year. Its primary trading partner was France, where it supplied X%
275
In July 2023, the import value of Unvulcanised Rubber surged to $19 million.
82
Discover the top 10 import markets for unvulcanized rubber in the world. Learn about the key countries driving the demand for raw rubber.
1049
Global unvulcanized rubber imports stood at X tons in 2016, dropping by -X% against the previous year figure. In general, unvulcanized rubber imports continue to indicate a moderate shrinkage....
805
Global unvulcanized rubber imports stood at X tons in 2016, dropping by -X% against the previous year figure. In general, unvulcanized rubber imports continue to indicate a moderate shrinkage....
