Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Kenya - 2022
Contents:
- Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Kenya (CIF) - 2022
- Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Kenya (FOB) - 2022
- Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Kenya
- Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Kenya
Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Kenya (CIF) - 2022
The average import price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses stood at $7,041 per ton in 2022, dropping by -15.6% against the previous year. Overall, the import price, however, posted a moderate expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 75%. As a result, import price attained the peak level of $8,339 per ton, and then fell dramatically in the following year.
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 India ($9,684 per ton), while the price for China ($4,709 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+4.9%), 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 Kenya (FOB) - 2022
The average export price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses stood at $9,083 per ton in 2022, jumping by 22% against the previous year. Over the period under review, the export price enjoyed a strong increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 109% against the previous year. As a result, the export price attained the peak level of $18,647 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Burundi ($28,300 per ton), while the average price for exports to Uganda ($4,696 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 Niger (+58.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Kenya
Imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses into Kenya dropped notably to 1.7K tons in 2022, shrinking by -18.3% against the year before. Over the period under review, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 50%.
In value terms, imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses dropped sharply to $12M in 2022. In general, imports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 163%. As a result, imports attained the peak of $17M, and then dropped rapidly in the following year.
| Import of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 1.1 | 2.1 | 8.0 | 5.5 | 71.0% |
| Malaysia | 5.4 | 3.3 | 6.3 | 4.4 | -6.6% |
| China | 0.4 | 0.4 | 1.2 | 0.6 | 14.5% |
| Indonesia | 0.6 | 0.1 | 0.8 | 0.5 | -5.9% |
| India | 0.1 | 0.2 | 0.2 | 0.5 | 71.0% |
| Others | 0.5 | 0.5 | 0.4 | 0.2 | -26.3% |
| Total | 8.1 | 6.5 | 17.0 | 11.7 | 13.0% |
Top Suppliers of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves to Kenya in 2022:
- Thailand (723.2 tons)
- Malaysia (646.1 tons)
- China (137.9 tons)
- Indonesia (68.9 tons)
- India (47.1 tons)
Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Kenya
In 2022, overseas shipments of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses decreased by -9.3% to 39 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 206%.
In value terms, exports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses rose notably to $352K in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 308% against the previous year. As a result, the exports reached the peak of $385K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 16.9 | 43.2 | 151 | 119 | 91.7% |
| Democratic Republic of the Congo | 8.9 | 71.6 | 67.1 | 58.5 | 87.3% |
| Somalia | 24.5 | 15.9 | 14.7 | 42.4 | 20.1% |
| South Sudan | 4.0 | 61.6 | 10.3 | 35.7 | 107.4% |
| Burundi | 20.1 | 39.5 | 4.0 | 33.3 | 18.3% |
| United States | N/A | 2.8 | N/A | 16.6 | 143.5% |
| Zambia | 8.1 | 9.0 | 12.7 | 12.9 | 16.8% |
| Djibouti | 0.5 | 8.2 | 15.6 | 12.3 | 190.8% |
| Rwanda | 0.2 | 12.7 | 12.9 | 1.6 | 100.0% |
| Niger | N/A | 56.0 | 6.2 | N/A | -88.9% |
| Afghanistan | 3.0 | 0.2 | N/A | N/A | -93.3% |
| Others | 8.0 | 64.3 | 24.1 | 19.5 | 34.6% |
| Total | 94.3 | 385 | 318 | 352 | 55.1% |
Top Export Markets for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves from Kenya in 2022:
- Uganda (25.3 tons)
- Somalia (2.8 tons)
- South Sudan (2.6 tons)
- Democratic Republic of the Congo (2.1 tons)
- United States (1.3 tons)
- Zambia (1.2 tons)
- Burundi (1.2 tons)
- Djibouti (0.9 tons)
- Rwanda (0.3 tons)
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