Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Bahrain - 2022

Contents:

  1. Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Bahrain (CIF) - 2022
  2. Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Bahrain (FOB) - 2022
  3. Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Bahrain
  4. Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Bahrain

Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Bahrain (CIF) - 2022

The average import price for rubber stood at $7,412 per ton in 2022, surging by 4.5% against the previous year. In general, the import price recorded a modest expansion. The most prominent rate of growth was recorded in 2015 an increase of 186% against the previous year. As a result, import price attained the peak level of $9,018 per ton. From 2016 to 2022, the average 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 Belgium ($30,736 per ton), while the price for the United Arab Emirates ($3,627 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Bahrain (FOB) - 2022

The average export price for rubber stood at $14,850 per ton in 2022, surging by 10% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 73% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($25,901 per ton), while the average price for exports to Jordan ($2,431 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 Singapore (+47.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Bahrain

In 2022, supplies from abroad of rubber decreased by -65.1% to 14 tons, falling for the second year in a row after two years of growth. Overall, imports saw a dramatic downturn. The growth pace was the most rapid in 2020 with an increase of 41% against the previous year. As a result, imports reached the peak of 42 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of rubber reduced sharply to $104K in 2022. In general, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2020 when imports increased by 51%.

Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States27.474.391.653.825.2%
India11.719.412.716.011.0%
United Arab Emirates54.930.56.512.9-38.3%
Belgium21.0N/AN/A7.2-30.0%
Malaysia3.24.35.56.627.3%
Romania0.20.76.10.751.8%
Saudi Arabia16.037.5145N/A201.0%
CanadaN/A55.9N/AN/A0%
Others18.79.416.46.3-30.4%
Total153232284104-12.1%

Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Bahrain in 2022:

  1. United States (5.0 tons)
  2. United Arab Emirates (3.5 tons)
  3. India (3.5 tons)
  4. Malaysia (1.4 tons)
  5. Romania (0.2 tons)
  6. Belgium (0.2 tons)

Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Bahrain

In 2022, the amount of rubber exported from Bahrain reduced notably to 1.4 tons, with a decrease of -62.5% against the previous year's figure. Overall, exports saw a precipitous curtailment. The growth pace was the most rapid in 2021 with an increase of 675%.

In value terms, exports of rubber reduced dramatically to $20K in 2022. In general, exports recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 896% against the previous year. As a result, the exports reached the peak of $49K, and then reduced markedly in the following year.

Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia19.84.446.618.4-2.4%
United Arab Emirates2.3N/A1.31.2-19.5%
Jordan0.30.10.70.30.0%
Others0.60.4N/A0.2-30.7%
Total23.04.948.620.1-4.4%

Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from Bahrain in 2022:

  1. Saudi Arabia (710.0 kg)
  2. United Arab Emirates (484.0 kg)
  3. Jordan (144.0 kg)

Source: IndexBox Market Intelligence Platform

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