Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in the United Arab Emirates - 2022
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in the United Arab Emirates (CIF) - 2022
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in the United Arab Emirates (FOB) - 2022
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in the United Arab Emirates
- Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in the United Arab Emirates
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for rubber amounted to $6,417 per ton, with a decrease of -28% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.2% 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 2020 an increase of 78%. The import price peaked at $8,908 per ton in 2021, and then declined remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($24,970 per ton), while the price for China ($2,896 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+16.1%), 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 the United Arab Emirates (FOB) - 2022
In 2022, the average export price for rubber amounted to $5,342 per ton, with an increase of 14% against the previous year. Overall, the export price posted a remarkable increase. The most prominent rate of growth was recorded in 2019 an increase of 94% against the previous year. As a result, the export price attained the peak level of $5,451 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($15,553 per ton), while the average price for exports to Bahrain ($1,513 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 Jordan (+15.4%), 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 the United Arab Emirates
In 2022, overseas purchases of rubber were finally on the rise to reach 236 tons after two years of decline. Over the period under review, imports, however, faced a drastic downturn.
In value terms, imports of rubber expanded modestly to $1.5M in 2022. In general, imports, however, continue to indicate a pronounced setback. The growth pace was the most rapid in 2020 when imports increased by 33%. As a result, imports reached the peak of $2.3M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 437 | 346 | 130 | 496 | 4.3% |
| United States | 265 | 398 | 600 | 466 | 20.7% |
| United Kingdom | 131 | 186 | 68.2 | 190 | 13.2% |
| Romania | 19.0 | 24.4 | 99.1 | 41.7 | 30.0% |
| China | 19.5 | 560 | 34.7 | 29.2 | 14.4% |
| Portugal | 37.8 | 87.9 | 65.5 | 0.9 | -71.2% |
| Saudi Arabia | 296 | 110 | 18.4 | N/A | -75.1% |
| Ukraine | 89.7 | 266 | N/A | N/A | 196.5% |
| Others | 403 | 273 | 444 | 293 | -10.1% |
| Total | 1,697 | 2,251 | 1,460 | 1,516 | -3.7% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to the United Arab Emirates in 2022:
- India (170.3 tons)
- United States (18.8 tons)
- China (10.1 tons)
- Romania (8.1 tons)
- United Kingdom (7.6 tons)
- Portugal (0.1 tons)
Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in the United Arab Emirates
For the third year in a row, the United Arab Emirates recorded decline in overseas shipments of rubber, which decreased by -33.6% to 160 tons in 2022. Overall, exports recorded a significant contraction. The smallest decline of -6.5% was in 2021.
In value terms, exports of rubber declined rapidly to $856K in 2022. Over the period under review, exports saw a precipitous curtailment. The smallest decline of -12.4% was in 2021.
| Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 349 | 476 | 725 | 681 | 25.0% |
| Jordan | 67.0 | 14.4 | 15.8 | 41.2 | -15.0% |
| Bahrain | 41.2 | 44.0 | 5.0 | 32.0 | -8.1% |
| Indonesia | N/A | 17.4 | 1.7 | 23.9 | 17.2% |
| Egypt | 7.4 | 151 | 32.4 | 16.4 | 30.4% |
| Saudi Arabia | 1,310 | 507 | 295 | N/A | -52.5% |
| Others | 81.4 | 87.3 | 60.1 | 61.8 | -8.8% |
| Total | 1,856 | 1,297 | 1,136 | 856 | -22.7% |
Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from the United Arab Emirates in 2022:
- Oman (120.8 tons)
- Bahrain (21.1 tons)
- Indonesia (2.9 tons)
- Jordan (2.6 tons)
- Egypt (2.2 tons)
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