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

Contents:

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

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

The average import price for rubber stood at $8,848 per ton in 2022, rising by 92% against the previous year. In general, the import price posted a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Arab Emirates ($17,482 per ton), while the price for India ($2,677 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+80.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas purchases of rubber decreased by -55.9% to 7.1 tons, falling for the second consecutive year after two years of growth. In general, imports showed a sharp decrease. The growth pace was the most rapid in 2020 with an increase of 14%. As a result, imports reached the peak of 16 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of rubber plummeted to $63K in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 77% against the previous year. As a result, imports attained the peak of $109K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates13.251.720.228.529.2%
China1.916.323.914.094.6%
India9.218.215.69.40.7%
Turkey0.10.12.13.9239.1%
Saudi Arabia0.31.32.63.7131.0%
Egypt13.812.24.70.6-64.8%
Brazil19.42.8N/AN/A-85.6%
Others3.86.85.43.1-6.6%
Total61.710974.563.10.8%

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

  1. India (3.5 tons)
  2. United Arab Emirates (1.6 tons)
  3. China (0.8 tons)
  4. Saudi Arabia (0.6 tons)
  5. Turkey (0.4 tons)
  6. Egypt (0.1 tons)

Source: IndexBox Market Intelligence Platform

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