Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in South Africa - 2024
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in South Africa (FOB) - 2022
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in South Africa (CIF) - 2022
- Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in South Africa
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in South Africa
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in South Africa (FOB) - 2022
The average export price for rubber stood at $2,244 per ton in 2022, falling by -5.7% against the previous year. In general, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2018 an increase of 60% against the previous year. The export price peaked at $6,340 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($4,498 per ton), while the average price for exports to Australia ($755 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 Tanzania (+1.2%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in South Africa (CIF) - 2022
The average import price for rubber stood at $10,864 per ton in 2022, with an increase of 22% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 an increase of 63% against the previous year. Over the period under review, average import prices hit record highs at $15,400 per ton in 2017; however, from 2018 to 2022, 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 the United States ($23,914 per ton), while the price for Tokelau ($1,894 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in South Africa
In 2022, shipments abroad of rubber was finally on the rise to reach 699 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a perceptible contraction.
In value terms, exports of rubber surged to $1.6M in 2022. In general, exports, however, saw a slight curtailment.
| Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 366 | 392 | 276 | 361 | -0.5% |
| Zimbabwe | 199 | 250 | 280 | 349 | 20.6% |
| Botswana | 7.2 | 79.2 | 109 | 206 | 205.9% |
| Tanzania | 128 | 90.3 | 140 | 152 | 5.9% |
| Malawi | 304 | 125 | 153 | 108 | -29.2% |
| Kenya | 36.2 | 21.0 | 7.2 | 69.1 | 24.0% |
| Mozambique | 39.0 | 51.2 | 37.5 | 62.8 | 17.2% |
| Nigeria | N/A | 31.9 | 30.0 | 54.7 | 30.9% |
| Israel | 55.0 | 24.2 | 18.9 | 38.5 | -11.2% |
| Namibia | 63.8 | 17.1 | 5.0 | 28.2 | -23.8% |
| Australia | 0.7 | 7.6 | N/A | 7.9 | 124.3% |
| Others | 451 | 105 | 217 | 130 | -33.9% |
| Total | 1,649 | 1,193 | 1,273 | 1,568 | -1.7% |
Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from South Africa in 2022:
- Botswana (115.7 tons)
- Zimbabwe (102.2 tons)
- Zambia (80.4 tons)
- Tanzania (43.7 tons)
- Malawi (37.6 tons)
- Mozambique (21.6 tons)
- Kenya (17.6 tons)
- Nigeria (14.6 tons)
- Israel (11.8 tons)
- Australia (10.4 tons)
- Namibia (10.4 tons)
Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in South Africa
Imports of rubber into South Africa shrank to 40 tons in 2022, declining by -5.3% against the previous year's figure. Over the period under review, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year.
In value terms, imports of rubber skyrocketed to $434K in 2022. In general, imports continue to indicate a abrupt curtailment.
| Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 250 | 72.0 | 44.6 | 92.5 | -28.2% |
| United States | 97.4 | 118 | 33.1 | 84.3 | -4.7% |
| China | 25.4 | 33.2 | 90.5 | 50.8 | 26.0% |
| Thailand | N/A | 0.8 | 1.7 | 44.6 | 646.7% |
| United Kingdom | 13.4 | 19.6 | 50.1 | 28.9 | 29.2% |
| Italy | 12.1 | 5.4 | 13.8 | 13.4 | 3.5% |
| Tokelau | N/A | N/A | N/A | 9.5 | 0% |
| India | 45.1 | 60.4 | 9.9 | 9.3 | -40.9% |
| France | 10.4 | 49.7 | 47.1 | 8.1 | -8.0% |
| Others | 60.4 | 53.3 | 83.5 | 92.2 | 15.1% |
| Total | 514 | 412 | 374 | 434 | -5.5% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to South Africa in 2022:
- China (13.6 tons)
- Germany (10.0 tons)
- Tokelau (5.0 tons)
- Thailand (4.2 tons)
- United States (3.5 tons)
- United Kingdom (1.4 tons)
- India (0.9 tons)
- France (0.5 tons)
- Italy (0.4 tons)
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