Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Azerbaijan - 2023

Contents:

  1. Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Azerbaijan (CIF) - 2022
  2. Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Azerbaijan (FOB) - 2022
  3. Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Azerbaijan
  4. Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Azerbaijan

Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Azerbaijan (CIF) - 2022

The average import price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses stood at $6,142 per ton in 2022, reducing by -15.3% against the previous year. Overall, the import price, however, showed a strong expansion. The growth pace was the most rapid in 2020 when the average import price increased by 44% against the previous year. Over the period under review, average import prices hit record highs at $7,247 per ton in 2021, and then contracted remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($10,804 per ton), while the price for Iran ($4,406 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Azerbaijan (FOB) - 2022

In 2022, the average export price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses amounted to $14,263 per ton, shrinking by -62.5% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 175% against the previous year. As a result, the export price attained the peak level of $44,730 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($20,170 per ton), while the average price for exports to Russia ($14,146 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 Georgia (+3.7%).

Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Azerbaijan

After three years of growth, supplies from abroad of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses decreased by -47% to 884 tons in 2022. In general, imports saw a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 59%. As a result, imports attained the peak of 1.7K tons, and then reduced dramatically in the following year.

In value terms, imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses shrank significantly to $5.4M in 2022. Over the period under review, imports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 112% against the previous year. As a result, imports attained the peak of $12M, and then declined notably in the following year.

Import of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Azerbaijan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia2.43.77.42.96.5%
China0.61.10.60.914.5%
Thailand0.50.41.90.817.0%
Iran0.10.11.70.458.7%
Turkey0.10.10.20.344.2%
Others0.20.30.40.20.0%
Total4.05.712.15.410.5%

Top Suppliers of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves to Azerbaijan in 2022:

  1. Malaysia (521.6 tons)
  2. Thailand (148.3 tons)
  3. Iran (85.9 tons)
  4. China (81.4 tons)
  5. Turkey (39.3 tons)

Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Azerbaijan

In 2022, approx. 1.7 tons of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses were exported from Azerbaijan; rising by 166,400% against 2021 figures. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses soared to $24K in 2022. In general, exports saw significant growth.

Export of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A23.00%
Georgia0.7N/AN/A0.6-5.0%
ChinaN/A60.0N/AN/A0%
TurkeyN/A7.8N/AN/A0%
OthersN/A0.1N/A0.241.4%
Total0.768.0N/A23.7223.5%

Top Export Markets for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves from Azerbaijan in 2022:

  1. Russia (1623.0 kg)
  2. Georgia (30.0 kg)

Source: IndexBox Market Intelligence Platform

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