Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Turkey - 2024

Contents:

  1. Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Turkey (CIF) - 2024
  2. Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Turkey (FOB) - 2022
  3. Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Turkey
  4. Exports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Turkey

Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Turkey (CIF) - 2024

The average import price for rubber; natural (excluding latex), in smoked sheetses stood at $1,712 per ton in December 2023, remaining constant against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 4.2% against the previous month. The import price peaked at $1,842 per ton in January 2023; however, from February 2023 to December 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Thailand ($1,811 per ton), while the price for Vietnam amounted to $1,630 per ton.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+0.1%).

Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Turkey (FOB) - 2022

In 2022, the average export price for rubber; natural (excluding latex), in smoked sheetses amounted to $2,304 per ton, waning by -17.3% against the previous year. In general, the export price saw a pronounced downturn. The most prominent rate of growth was recorded in 2021 an increase of 51%. Over the period under review, the average export prices reached the peak figure at $3,461 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($2,497 per ton), while the average price for exports to Romania ($2,258 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 Georgia (-3.1%), while the prices for the other major destinations experienced a decline.

Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Turkey

Imports of rubber; natural (excluding latex), in smoked sheetses into Turkey totaled 24K tons in 2022, increasing by 8.6% against 2021. The total import volume increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 19%. As a result, imports attained the peak of 25K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of rubber; natural (excluding latex), in smoked sheetses amounted to $57M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.9% 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 +60.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 32%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Rubber; Natural (Excluding Latex), in Smoked Sheets in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand27.131.138.535.08.9%
Vietnam8.610.716.821.535.7%
Others0.20.30.40.965.1%
Total35.942.155.757.517.0%

Top Suppliers of Rubber; Natural (Excluding Latex), in Smoked Sheets to Turkey in 2022:

  1. Thailand (14.2K tons)
  2. Vietnam (9.5K tons)

Exports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Turkey

In 2022, after three years of growth, there was significant decline in overseas shipments of rubber; natural (excluding latex), in smoked sheetses, when their volume decreased by -90.5% to 46 tons. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 921% against the previous year. As a result, the exports attained the peak of 487 tons, and then reduced remarkably in the following year.

In value terms, exports of rubber; natural (excluding latex), in smoked sheetses fell sharply to $107K in 2022. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 1,438%. As a result, the exports attained the peak of $1.4M, and then reduced notably in the following year.

Export of Rubber; Natural (Excluding Latex), in Smoked Sheets in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RomaniaN/AN/A31.980.9153.6%
Georgia18.38.918.918.80.9%
ItalyN/AN/A3.16.3103.2%
GermanyN/AN/A154N/A0%
LuxembourgN/A67.2N/AN/A0%
LebanonN/AN/A21.5N/A0%
PolandN/AN/A1,128N/A0%
Others12.112.20.30.7-61.3%
Total30.488.31,35710752.1%

Top Export Markets for Rubber; Natural (Excluding Latex), in Smoked Sheets from Turkey in 2022:

  1. Romania (35.8 tons)
  2. Georgia (7.6 tons)
  3. Italy (2.5 tons)

Source: IndexBox Market Intelligence Platform

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