Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Kenya - 2022
Contents:
- Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Kenya (CIF) - 2022
- Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Kenya (FOB) - 2022
- Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Kenya
- Exports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Kenya
Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Kenya (CIF) - 2022
The average import price for rubber; natural (excluding latex), in smoked sheetses stood at $1,409 per ton in 2022, declining by -11.4% against the previous year. Over the period under review, the import price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 when the average import price increased by 41%. The import price peaked at $3,482 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 ($1,977 per ton), while the price for Democratic Republic of the Congo ($391 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-5.6%), while the prices for the other major suppliers experienced a decline.
Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Kenya (FOB) - 2022
The average export price for rubber; natural (excluding latex), in smoked sheetses stood at $544 per ton in 2022, approximately reflecting the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2016 an increase of 25% against the previous year. Over the period under review, the average export prices hit record highs at $3,788 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Uganda.
From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +407.0% per year.
Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Kenya
In 2022, after three years of growth, there was significant decline in overseas purchases of rubber; natural (excluding latex), in smoked sheetses, when their volume decreased by -17.4% to 185 tons. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 53%. As a result, imports reached the peak of 224 tons, and then contracted rapidly in the following year.
In value terms, imports of rubber; natural (excluding latex), in smoked sheetses declined rapidly to $261K in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 116% against the previous year. As a result, imports reached the peak of $356K, and then contracted dramatically in the following year.
| Import of Rubber; Natural (Excluding Latex), in Smoked Sheets in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 50.1 | 91.3 | 102 | 193 | 56.8% |
| Thailand | 16.8 | 14.4 | 57.8 | 18.9 | 4.0% |
| India | 27.3 | 17.9 | 63.6 | 16.3 | -15.8% |
| Tanzania | 4.1 | 10.9 | 43.6 | 14.3 | 51.7% |
| Malaysia | 23.9 | 26.3 | 72.9 | 13.3 | -17.7% |
| China | 4.7 | 2.9 | 9.8 | 2.7 | -16.9% |
| Democratic Republic of the Congo | 1.3 | 1.1 | 6.2 | 2.0 | 15.4% |
| Others | N/A | 0.3 | N/A | N/A | 0% |
| Total | 128 | 165 | 356 | 261 | 26.8% |
Top Suppliers of Rubber; Natural (Excluding Latex), in Smoked Sheets to Kenya in 2022:
- Vietnam (124.6 tons)
- Thailand (19.2 tons)
- Tanzania (12.5 tons)
- Malaysia (9.5 tons)
- India (8.3 tons)
- China (5.7 tons)
- Democratic Republic of the Congo (5.2 tons)
Exports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Kenya
In 2022, shipments abroad of rubber; natural (excluding latex), in smoked sheetses decreased by -4.2% to 15 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 9.2% against the previous year.
In value terms, exports of rubber; natural (excluding latex), in smoked sheetses dropped slightly to $8.2K in 2022. The total export value increased at an average annual rate of +5.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 11% against the previous year. As a result, the exports attained the peak of $8.6K, and then fell modestly in the following year.
| Export of Rubber; Natural (Excluding Latex), in Smoked Sheets in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 7.0 | 7.7 | 8.6 | 8.2 | 5.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.0 | 7.7 | 8.6 | 8.2 | 5.4% |
Top Export Markets for Rubber; Natural (Excluding Latex), in Smoked Sheets from Kenya in 2022:
- Uganda (15.0 tons)
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