Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Bangladesh - 2022

Contents:

1. Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Bangladesh (CIF) - 2022
2. Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Bangladesh (FOB) - 2022
3. Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Bangladesh
4. Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Bangladesh

Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Bangladesh (CIF) - 2022

In 2022, the average import price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses amounted to $6,445 per ton, dropping by -14.4% against the previous year. Over the period under review, the import price, however, saw a measured expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 53%. As a result, import price reached the peak level of $7,533 per ton, and then dropped in the following year.

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 India ($11,073 per ton), while the price for China stood at $5,117 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Bangladesh (FOB) - 2022

The average export price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses stood at $18,229 per ton in 2022, which is down by -20.6% against the previous year. Over the period under review, the export price, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 62% against the previous year. The export price peaked at $22,956 per ton in 2021, and then fell notably in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($45,063 per ton), while the average price for exports to Spain ($1,569 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 Qatar (+43.0%), 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 Bangladesh

In 2022, supplies from abroad of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses decreased by -2.4% to 1.4K tons, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +18.7% 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 decreased by -4.6% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 76%. As a result, imports reached the peak of 1.5K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses contracted notably to $9.3M in 2022. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 136% against the previous year.

Top Suppliers of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves to Bangladesh in 2022:

1. China (1188.0 tons)
2. India (222.8 tons)

Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Bangladesh

Exports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses from Bangladesh reached 13 tons in 2022, increasing by 11% on the previous year's figure. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +19.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -8.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 85% against the previous year. As a result, the exports attained the peak of 15 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses reduced to $243K in 2022. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 93%.

Top Export Markets for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves from Bangladesh in 2022:

1. United States (4.2 tons)
2. Germany (2.6 tons)
3. China (1.8 tons)
4. Guatemala (0.8 tons)
5. Canada (0.6 tons)
6. Spain (0.2 tons)

Source: IndexBox Market Intelligence Platform