Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Oman - 2022
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Oman (CIF) - 2022
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Oman (FOB) - 2022
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Oman
- Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Oman
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Oman (CIF) - 2022
The average import price for rubber stood at $4,238 per ton in 2022, shrinking by -7.6% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 49% against the previous year. As a result, import price attained the peak level of $4,585 per ton, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($13,457 per ton), while the price for India ($3,297 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.7%), 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 Oman (FOB) - 2022
The average export price for rubber stood at $3,576 per ton in 2022, which is down by -2.9% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 50% against the previous year. The export price peaked at $4,838 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Yemen ($1,665 per ton), while the average price for exports to the United Arab Emirates totaled $1,061 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+5.1%), 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 Oman
In 2022, overseas purchases of rubber decreased by -6.6% to 189 tons, falling for the second year in a row after two years of growth. In general, imports recorded a noticeable slump. The pace of growth appeared the most rapid in 2020 with an increase of 0.5% against the previous year. As a result, imports reached the peak of 208 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of rubber shrank to $803K in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.9% 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 +25.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 45% against the previous year. As a result, imports attained the peak of $930K, and then shrank in the following year.
| Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 308 | 400 | 653 | 681 | 30.3% |
| France | 67.2 | 45.8 | 55.6 | 46.3 | -11.7% |
| India | 10.7 | 5.7 | 17.6 | 5.3 | -20.9% |
| China | 42.0 | 22.5 | 13.6 | 4.8 | -51.5% |
| Saudi Arabia | 45.0 | 35.7 | 30.5 | 0.6 | -76.3% |
| Others | 166 | 131 | 160 | 65.4 | -26.7% |
| Total | 638 | 641 | 930 | 803 | 8.0% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Oman in 2022:
- United Arab Emirates (138.3 tons)
- France (11.3 tons)
- India (1.6 tons)
- China (0.4 tons)
- Saudi Arabia (0.1 tons)
Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Oman
In 2022, the amount of rubber exported from Oman skyrocketed to 7.5 tons, jumping by 68% compared with 2021 figures. In general, exports, however, continue to indicate a abrupt decrease.
In value terms, exports of rubber skyrocketed to $27K in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 81%. As a result, the exports attained the peak of $50K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 6.7 | 0.3 | N/A | 26.0 | 57.1% |
| Yemen | 15.6 | 0.9 | 0.2 | 10.1 | -13.5% |
| Jordan | 684 | 46.9 | 14.5 | N/A | -85.4% |
| Qatar | 38.8 | 1.1 | 0.3 | N/A | -91.2% |
| Saudi Arabia | 73.1 | 2.8 | 1.3 | N/A | -86.7% |
| Others | -790.4 | -1.8 | 0.3 | -9.1 | -77.4% |
| Total | 27.7 | 50.1 | 16.5 | 27.0 | -0.8% |
Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from Oman in 2022:
- United Arab Emirates (24.5 tons)
- Yemen (6.1 tons)
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