Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Turkey - 2024

Contents:

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

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

In 2022, the average import price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses amounted to $5,581 per ton, declining by -21% against the previous year. Overall, the import price recorded a perceptible contraction. The pace of growth appeared the most rapid in 2020 when the average import price increased by 10%. Over the period under review, average import prices attained the maximum at $7,913 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Sri Lanka ($6,949 per ton) and China ($6,282 per ton), while the price for Thailand ($4,779 per ton) and Malaysia ($5,435 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+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 Turkey (FOB) - 2022

The average export price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses stood at $6,206 per ton in 2022, which is down by -46.9% against the previous year. Overall, the export price showed a pronounced descent. The growth pace was the most rapid in 2020 an increase of 87%. As a result, the export price attained the peak level of $13,993 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

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 Romania ($10,687 per ton), while the average price for exports to Libya ($4,588 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 Poland (+5.0%), 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 Turkey

For the fourth consecutive year, Turkey recorded growth in supplies from abroad of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses, which increased by 36% to 13K tons in 2022. Over the period under review, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 286%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses rose remarkably to $75M in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 254% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Import of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia5.310.747.740.697.1%
Thailand1.82.78.516.1107.6%
China0.92.34.612.7141.7%
Sri Lanka2.52.54.43.511.9%
Others1.31.54.52.117.3%
Total11.919.769.775.184.8%

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

  1. Malaysia (7.5K tons)
  2. Thailand (3.4K tons)
  3. China (2.0K tons)
  4. Sri Lanka (0.5K tons)

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

For the fourth year in a row, Turkey recorded growth in shipments abroad of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses, which increased by 98% to 1.4K tons in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 195% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses amounted to $8.4M in 2022. Over the period under review, exports recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by 453% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Libya18.816.91391,533333.6%
Georgia48.549.295.3913166.0%
Iraq86.4158601908119.0%
Poland0.12363.64571559.5%
Cyprus22889.725141321.9%
Bulgaria8.013.6228407270.5%
SloveniaN/A5.168.9382765.5%
Azerbaijan73.210921328557.3%
Serbia9.818.21,692277204.6%
Greece4.91.41.0275282.9%
Romania15.3334167248153.1%
Belgium1321551341647.5%
Israel11.24.783.2152138.5%
Others8727,1384,3142,00432.0%
Total1,5078,3307,9918,41877.4%

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

  1. Libya (334.2 tons)
  2. Iraq (136.4 tons)
  3. Georgia (127.8 tons)
  4. Cyprus (89.7 tons)
  5. Slovenia (72.3 tons)
  6. Bulgaria (69.6 tons)
  7. Greece (52.9 tons)
  8. Poland (51.4 tons)
  9. Azerbaijan (48.7 tons)
  10. Serbia (37.6 tons)
  11. Belgium (27.2 tons)
  12. Israel (25.1 tons)
  13. Romania (23.2 tons)

Source: IndexBox Market Intelligence Platform

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