Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Uruguay - 2023
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Uruguay (CIF) - 2022
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Uruguay (FOB) - 2022
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Uruguay
- Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Uruguay
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Uruguay (CIF) - 2022
In 2022, the average import price for rubber amounted to $5,974 per ton, with an increase of 57% against the previous year. In general, the import price, however, recorded a slight downturn. The growth pace was the most rapid in 2017 an increase of 179%. Over the period under review, average import prices hit record highs at $7,217 per ton in 2012; however, from 2013 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 Brazil ($6,401 per ton), while the price for China ($1,195 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) (+34.9%), 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 Uruguay (FOB) - 2022
The average export price for rubber stood at $34,929 per ton in 2022, falling by -69% against the previous year. Over the period under review, the export price showed a deep setback. Over the period under review, the average export prices attained the peak figure at $112,500 per ton in 2021, and then reduced rapidly in the following year.
As there is only one major export destination, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for Paraguay amounted to +65.4% per year.
Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Uruguay
In 2022, the amount of rubber imported into Uruguay shrank markedly to 10 tons, which is down by -48.8% against 2021. In general, imports, however, continue to indicate a tangible increase. The most prominent rate of growth was recorded in 2021 when imports increased by 191%. As a result, imports reached the peak of 19 tons, and then declined remarkably in the following year.
In value terms, imports of rubber fell dramatically to $60K in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 68%. As a result, imports reached the peak of $74K, and then shrank notably in the following year.
| Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 16.2 | 10.7 | 21.5 | 31.1 | 24.3% |
| China | 6.4 | 6.3 | 9.3 | 9.5 | 14.1% |
| Spain | 2.8 | 10.4 | 6.4 | 6.6 | 33.1% |
| South Korea | 0.3 | 1.0 | 1.5 | N/A | 123.6% |
| Others | 15.1 | 15.7 | 35.2 | 12.4 | -6.4% |
| Total | 40.9 | 44.1 | 73.9 | 59.6 | 13.4% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Uruguay in 2022:
- China (8.0 tons)
- Brazil (4.9 tons)
- Spain (1.1 tons)
Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Uruguay
In 2022, exports of rubber from Uruguay soared to 9 kg, jumping by 800% compared with the previous year's figure. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of rubber surged to $321 in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Uruguay (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 47.0 | 617 | 9.0 | 321 | 89.7% |
| Spain | 589 | N/A | N/A | N/A | 0% |
| Others | -636.0 | -617.0 | N/A | N/A | -3.0% |
| Total | N/A | N/A | 9.0 | 321 | 3466.7% |
Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from Uruguay in 2022:
- Brazil (9.0 kg)
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