Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Thailand - 2024
Contents:
- Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Thailand (FOB) - 2024
- Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Thailand (CIF) - 2022
- Exports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Thailand
- Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Thailand
Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Thailand (FOB) - 2024
In November 2023, the average export price for rubber; natural (excluding latex), in smoked sheetses amounted to $1,701 per ton, rising by 5.7% against the previous month. Overall, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In November 2023, the highest price was recorded for prices to France ($1,741 per ton) and Poland ($1,739 per ton), while the average price for exports to the Netherlands ($1,648 per ton) and Italy ($1,673 per ton) were amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Thailand (CIF) - 2022
The average import price for rubber; natural (excluding latex), in smoked sheetses stood at $3,291 per ton in 2022, remaining relatively unchanged against the previous year. In general, the import price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2013 a decrease of -16.1% against the previous year. The import price peaked at $21,300 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Myanmar.
From 2012 to 2022, the rate of growth in terms of prices for Myanmar amounted to -15.4% per year.
Exports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Thailand
In 2022, approx. 456K tons of rubber; natural (excluding latex), in smoked sheetses were exported from Thailand; reducing by -10.4% compared with the previous year. In general, exports recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 34% against the previous year. As a result, the exports attained the peak of 509K tons, and then declined in the following year.
In value terms, exports of rubber; natural (excluding latex), in smoked sheetses fell sharply to $862M in 2022. Overall, total exports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +4.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +33.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 66%. As a result, the exports attained the peak of $1.1B, and then shrank rapidly in the following year.
Export of Rubber; Natural (Excluding Latex), in Smoked Sheets in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 182 | 156 | 233 | 200 | 3.2% |
China | 122 | 106 | 269 | 171 | 11.9% |
United States | 125 | 104 | 163 | 133 | 2.1% |
Spain | 34.2 | 31.6 | 48.9 | 52.7 | 15.5% |
Brazil | 42.2 | 37.7 | 62.8 | 48.9 | 5.0% |
France | 35.7 | 22.8 | 44.7 | 40.2 | 4.0% |
Italy | 26.1 | 25.1 | 38.0 | 31.3 | 6.2% |
Taiwan (Chinese) | 33.5 | 40.2 | 36.9 | 28.0 | -5.8% |
Turkey | 27.3 | 27.6 | 33.4 | 27.9 | 0.7% |
India | 30.1 | 15.4 | 20.1 | 25.9 | -4.9% |
Canada | 29.7 | 15.0 | 20.2 | 22.9 | -8.3% |
Belgium | 9.7 | 8.9 | 18.9 | 16.9 | 20.3% |
Poland | 10.2 | 8.7 | 10.9 | 15.0 | 13.7% |
Others | 55.9 | 48.7 | 73.3 | 48.3 | -4.8% |
Total | 763 | 648 | 1,073 | 862 | 4.2% |
Top Export Markets for Rubber; Natural (Excluding Latex), in Smoked Sheets from Thailand in 2022:
- Japan (104.2K tons)
- China (97.8K tons)
- United States (69.8K tons)
- Spain (27.4K tons)
- Brazil (25.4K tons)
- France (20.6K tons)
- Italy (16.2K tons)
- Taiwan (Chinese) (14.7K tons)
- Turkey (14.0K tons)
- India (13.9K tons)
- Canada (11.6K tons)
- Belgium (8.3K tons)
- Poland (7.7K tons)
Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Thailand
In 2022, overseas purchases of rubber; natural (excluding latex), in smoked sheetses decreased by 0% to 43 tons, falling for the second consecutive year after two years of growth. Overall, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 251,719%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of rubber; natural (excluding latex), in smoked sheetses stood at $143K in 2022. In general, imports showed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 70,929% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.
Import of Rubber; Natural (Excluding Latex), in Smoked Sheets in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Myanmar | 0.1 | N/A | N/A | 104 | 913.2% |
Others | N/A | 80.3 | N/A | 38.8 | -30.5% |
Total | 0.1 | 80.3 | N/A | 143 | 1026.6% |
Top Suppliers of Rubber; Natural (Excluding Latex), in Smoked Sheets to Thailand in 2022:
- Myanmar (23.4 tons)
This report provides an in-depth analysis of the market for natural rubber and gum in Thailand.
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This report provides an in-depth analysis of the market for natural rubber and gum in Thailand.
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