Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Colombia - 2022
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Colombia (CIF) - 2022
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Colombia (FOB) - 2022
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Colombia
- Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Colombia
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Colombia (CIF) - 2022
The average import price for rubber stood at $8,946 per ton in 2022, with an increase of 17% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for rubber increased by +72.4% against 2017 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 36% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($26,556 per ton), while the price for Brazil ($5,530 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.7%), 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 Colombia (FOB) - 2022
The average export price for rubber stood at $5,755 per ton in 2022, with a decrease of -20.3% against the previous year. In general, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2013 an increase of 18%. Over the period under review, the average export prices hit record highs at $23,205 per ton in 2014; however, from 2015 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 Honduras ($12,615 per ton), while the average price for exports to the Dominican Republic ($7,710 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 Chile (+30.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Colombia
Imports of rubber into Colombia skyrocketed to 222 tons in 2022, picking up by 104% compared with 2021 figures. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of rubber soared to $2M in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 284 | 463 | 207 | 336 | 5.8% |
| Mexico | 68.2 | 150 | 199 | 334 | 69.8% |
| Malaysia | 5.3 | 24.4 | 113 | 268 | 269.8% |
| United States | 102 | 168 | 78.3 | 161 | 16.4% |
| Italy | 19.2 | 9.1 | 34.3 | 96.0 | 71.0% |
| Peru | N/A | N/A | 56.4 | 81.5 | 44.5% |
| Brazil | 165 | 293 | 47.9 | 27.8 | -44.8% |
| Others | 77.9 | -455.3 | 101 | 683 | 106.2% |
| Total | 721 | 651 | 837 | 1,987 | 40.2% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Colombia in 2022:
- Mexico (47.5 tons)
- China (44.6 tons)
- Malaysia (15.7 tons)
- Peru (9.8 tons)
- Italy (6.6 tons)
- United States (6.0 tons)
- Brazil (5.0 tons)
Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Colombia
In 2022, overseas shipments of rubber decreased by -4.7% to 10 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 171%. As a result, the exports reached the peak of 11 tons, and then declined modestly in the following year.
In value terms, exports of rubber declined notably to $58K in 2022. In general, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 123%. As a result, the exports reached the peak of $77K, and then reduced remarkably in the following year.
| Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 17.0 | 6.9 | 32.3 | 31.8 | 23.2% |
| Chile | N/A | N/A | 2.7 | 8.9 | 229.6% |
| Dominican Republic | 7.2 | 3.8 | 2.1 | 6.1 | -5.4% |
| Peru | 1.9 | 23.8 | 39.4 | 2.9 | 15.1% |
| Others | 2.4 | -0.1 | 0.1 | 8.6 | 53.0% |
| Total | 28.6 | 34.4 | 76.6 | 58.3 | 26.8% |
Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from Colombia in 2022:
- Ecuador (3.5 tons)
- Chile (1.0 tons)
- Dominican Republic (0.8 tons)
- Peru (0.3 tons)
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