Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Brazil - 2024

Contents:

  1. Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Brazil (CIF) - 2022
  2. Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Brazil (FOB) - 2022
  3. Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Brazil
  4. Exports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Brazil

Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Brazil (CIF) - 2022

In 2022, the average import price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips amounted to $3,791 per ton, surging by 15% against the previous year. Overall, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,870 per ton), while the price for Turkey ($1,691 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+26.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Brazil (FOB) - 2022

In 2022, the average export price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips amounted to $2,809 per ton, surging by 17% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced curtailment. The export price peaked at $4,496 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($9,558 per ton), while the average price for exports to the UK ($2,096 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 Argentina (+0.1%), while the prices for the other major destinations experienced a decline.

Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Brazil

Imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips into Brazil rose rapidly to 25K tons in 2022, with an increase of 9.1% on 2021 figures. Overall, imports, however, saw a mild curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 46% against the previous year.

In value terms, imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips soared to $93M in 2022. In general, total imports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +3.6% 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 +89.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 51% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States19.612.220.422.14.1%
Italy11.110.714.615.110.8%
Uruguay24.04.67.414.8-14.9%
Mexico0.30.41.614.8266.8%
China2.82.16.06.230.3%
France4.83.23.63.8-7.5%
United Kingdom0.60.30.52.560.9%
LithuaniaN/AN/A0.51.7240.0%
Turkey0.1N/A0.71.0115.4%
Argentina12.87.68.20.7-62.0%
Others7.68.110.610.411.0%
Total83.749.274.293.03.6%

Top Suppliers of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip to Brazil in 2022:

  1. United States (5.6K tons)
  2. Uruguay (5.1K tons)
  3. Italy (4.1K tons)
  4. Mexico (2.9K tons)
  5. China (1.9K tons)
  6. France (1.0K tons)
  7. Turkey (0.6K tons)
  8. Lithuania (0.6K tons)
  9. United Kingdom (0.5K tons)
  10. Argentina (0.2K tons)

Exports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Brazil

For the fourth consecutive year, Brazil recorded growth in shipments abroad of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips, which increased by 2.2% to 23K tons in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.4% 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 +45.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 27% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips soared to $65M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.5% 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 +50.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 25% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

Export of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina8.211.717.020.736.2%
United States8.77.39.29.21.9%
Chile4.53.84.86.010.1%
Colombia2.71.92.53.48.0%
Peru1.71.52.43.324.7%
United Kingdom1.61.62.72.719.1%
Ecuador0.90.61.12.030.5%
Paraguay1.41.61.31.910.7%
Mexico1.51.71.91.74.3%
Pakistan0.61.21.41.535.7%
South Africa0.20.10.51.176.5%
Spain1.81.10.10.3-45.0%
Egypt0.50.70.50.1-41.5%
Others9.28.79.511.57.7%
Total43.543.754.865.314.5%

Top Export Markets for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip from Brazil in 2022:

  1. Argentina (8.0K tons)
  2. United States (3.5K tons)
  3. Chile (2.1K tons)
  4. United Kingdom (1.3K tons)
  5. Peru (1.2K tons)
  6. Colombia (1.2K tons)
  7. Ecuador (0.8K tons)
  8. Paraguay (0.7K tons)
  9. Pakistan (0.6K tons)
  10. South Africa (0.5K tons)
  11. Mexico (0.4K tons)
  12. Spain (0.1K tons)

Source: IndexBox Market Intelligence Platform

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