Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Uganda - 2022
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Uganda (CIF) - 2022
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Uganda (FOB) - 2022
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Uganda
- Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Uganda
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Uganda (CIF) - 2022
In 2022, the average import price for rubber amounted to $2,251 per ton, falling by -18.7% against the previous year. In general, the import price recorded a pronounced decline. The pace of growth appeared the most rapid in 2016 when the average import price increased by 73% against the previous year. Over the period under review, average import prices reached the peak figure at $4,771 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 the UK ($10,414 per ton), while the price for China ($438 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Uganda (FOB) - 2022
The average export price for rubber stood at $10,391 per ton in 2022, falling by -49.8% against the previous year. Overall, the export price, however, showed a strong expansion. The growth pace was the most rapid in 2021 when the average export price increased by 231%. As a result, the export price attained the peak level of $20,683 per ton, and then dropped significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burundi ($210,000 per ton), while the average price for exports to Rwanda ($947 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 Democratic Republic of the Congo (+44.4%), 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 Uganda
After two years of decline, supplies from abroad of rubber increased by 13% to 1.7 tons in 2022. Overall, imports, however, recorded a sharp decrease.
In value terms, imports of rubber contracted to $3.8K in 2022. In general, imports, however, continue to indicate a sharp decrease.
| Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 12.4 | 2.2 | 1.2 | 1.0 | -56.8% |
| United States | 24.0 | 3.3 | 1.4 | 0.8 | -67.8% |
| South Africa | 23.4 | 0.7 | N/A | 0.5 | -72.3% |
| United Arab Emirates | 2.4 | 0.1 | 0.1 | 0.3 | -50.0% |
| India | 1.6 | 0.4 | 0.2 | 0.3 | -42.8% |
| China | 1.1 | 3.1 | 0.3 | 0.3 | -35.2% |
| Turkey | 0.4 | N/A | 0.1 | 0.1 | -37.0% |
| Kenya | 2.8 | 0.1 | 0.3 | N/A | -67.3% |
| Others | 9.9 | 8.1 | 0.5 | 0.4 | -65.7% |
| Total | 77.9 | 18.0 | 4.2 | 3.8 | -63.5% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Uganda in 2022:
- China (610.0 kg)
- South Africa (501.0 kg)
- India (189.0 kg)
- United States (106.0 kg)
- United Kingdom (99.0 kg)
- Turkey (92.0 kg)
- United Arab Emirates (61.0 kg)
- Kenya (8.0 kg)
Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Uganda
In 2022, shipments abroad of rubber decreased by -27% to 46 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 75%. As a result, the exports reached the peak of 145 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of rubber reduced notably to $478 in 2022. Overall, exports saw a noticeable setback. The pace of growth was the most pronounced in 2020 when exports increased by 78%.
| Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Uganda (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 187 | 359 | 243 | 220 | 5.6% |
| Burundi | 235 | 419 | 263 | 210 | -3.7% |
| Rwanda | 60.0 | 94.0 | 51.0 | 36.0 | -15.7% |
| Kenya | 23.0 | 34.0 | 17.0 | 12.0 | -19.5% |
| Others | 4.0 | N/A | 729 | N/A | 1250.0% |
| Total | 509 | 906 | 1,303 | 478 | -2.1% |
Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from Uganda in 2022:
- Rwanda (38.0 kg)
- Democratic Republic of the Congo (6.0 kg)
- Burundi (1.0 kg)
- Kenya (1.0 kg)
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