Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Tanzania - 2023
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Tanzania (CIF) - 2022
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Tanzania (FOB) - 2022
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Tanzania
- Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Tanzania
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Tanzania (CIF) - 2022
The average import price for rubber stood at $5,315 per ton in 2022, picking up by 40% against the previous year. Overall, the import price, however, recorded a slight slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 171% against the previous year. Over the period under review, average import prices attained the maximum at $6,315 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Kenya ($19,000 per ton), while the price for the United Arab Emirates ($1,323 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+16.4%), 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 Tanzania (FOB) - 2022
The average export price for rubber stood at less than $0.1 per ton in 2022, waning by 99.9% against the previous year. Overall, the export price, however, showed a strong increase. The pace of growth appeared the most rapid in 2013 an increase of 488%. The export price peaked at $13,356 per ton in 2017; however, from 2018 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 Democratic Republic of the Congo ($18,000 per ton), while the average price for exports to the Netherlands amounted to $9,606 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+3.3%), while the prices for the other major destinations experienced a decline.
Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Tanzania
In 2022, the amount of rubber imported into Tanzania skyrocketed to 56 tons, with an increase of 69% on 2021. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of rubber surged to $299K in 2022. In general, imports showed 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 Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 73.2 | 66.2 | 90.2 | 152 | 27.6% |
| India | 0.2 | 0.9 | 1.6 | 135 | 777.2% |
| France | 11.6 | N/A | 4.4 | 6.4 | -18.0% |
| China | 3.2 | 1.1 | 3.1 | 3.5 | 3.0% |
| United Arab Emirates | 1.6 | 13.3 | N/A | 0.5 | -32.1% |
| Germany | 7.1 | 10.5 | 5.4 | 0.5 | -58.7% |
| Malaysia | 3.7 | 3.5 | 3.4 | N/A | -4.1% |
| Others | 14.0 | 23.5 | 18.9 | 1.0 | -58.5% |
| Total | 115 | 119 | 127 | 299 | 37.5% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Tanzania in 2022:
- India (53.3 tons)
- South Africa (38.4 tons)
- China (2.5 tons)
- France (0.6 tons)
- United Arab Emirates (0.3 tons)
- Germany (0.2 tons)
Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Tanzania
After two years of growth, shipments abroad of rubber decreased by -99.7% to 79 kg in 2021. In general, exports recorded a significant decrease. The growth pace was the most rapid in 2020 with an increase of 18,025%. As a result, the exports reached the peak of 26 tons, and then declined significantly in the following year.
In value terms, exports of rubber declined rapidly to $261 in 2021. Over the period under review, exports showed a precipitous slump. The growth pace was the most rapid in 2020 when exports increased by 5,947% against the previous year. As a result, the exports reached the peak of $34K, and then contracted notably in the following year.
| Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | N/A | N/A | N/A | 1.4 | 0% |
| Netherlands | N/A | N/A | N/A | 1.0 | 0% |
| Kenya | 17.6 | 30.4 | 18.4 | N/A | 2.2% |
| Mozambique | 0.1 | 0.2 | 0.1 | N/A | 0.0% |
| Rwanda | N/A | N/A | N/A | N/A | 0% |
| Saudi Arabia | N/A | 3.9 | N/A | N/A | 0% |
| Others | -17.2 | N/A | -18.2 | -2.5 | -47.4% |
| Total | 0.6 | 34.5 | 0.3 | N/A | -29.3% |
Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from Tanzania in 2022:
- Netherlands (109.0 kg)
- Democratic Republic of the Congo (78.0 kg)
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