Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Egypt - 2023

Contents:

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

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

The average import price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses stood at $8,587 per ton in 2022, reducing by -46.4% against the previous year. Over the period under review, the import price, however, posted resilient growth. The most prominent rate of growth was recorded in 2020 an increase of 234%. The import price peaked at $16,030 per ton in 2021, and then reduced rapidly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($8,587 per ton), while the price for China ($8,587 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+11.9%), 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 Egypt (FOB) - 2022

The average export price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses stood at $11,451 per ton in 2022, picking up by 63% against the previous year. In general, the export price recorded a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Nigeria.

From 2012 to 2022, the rate of growth in terms of prices for Nigeria amounted to +374.3% per year.

Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Egypt

In 2022, imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses into Egypt soared to 1.8K tons, growing by 31% against 2021. Over the period under review, imports, however, continue to indicate a noticeable decline.

In value terms, imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses declined markedly to $16M in 2022. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 118%. As a result, imports attained the peak of $22M, and then shrank markedly in the following year.

Import of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia3.68.920.111.647.7%
Thailand0.10.10.12.0171.4%
China1.00.90.81.617.0%
Others0.70.41.20.5-10.6%
Total5.410.222.315.642.4%

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

  1. Malaysia (1345.7 tons)
  2. Thailand (233.4 tons)
  3. China (184.3 tons)

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

For the third year in a row, Egypt recorded decline in overseas shipments of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses, which decreased by -81.8% to 5.4 tons in 2022. In general, exports continue to indicate a sharp contraction. The smallest decline of -42.1% was in 2020.

In value terms, exports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses reduced remarkably to $62K in 2022. Over the period under review, exports recorded a precipitous decrease. The smallest decline of -13.1% was in 2020.

Export of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NigeriaN/A8.6N/A61.7167.9%
Paraguay37.5N/AN/AN/A0%
JordanN/A34532.2N/A-90.7%
MalaysiaN/AN/A67.5N/A0%
Tunisia373N/A42.5N/A-66.2%
Others2.56.068.60.7-34.6%
Total41335921162.3-46.8%

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

  1. Nigeria (5.4 tons)

Source: IndexBox Market Intelligence Platform

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