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

Contents:

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

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

The average export price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses stood at $26,946 per ton in 2022, surging by 2.2% against the previous year. In general, the export price posted a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($87,509 per ton), while the average price for exports to Australia ($9,049 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+295.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses amounted to $2,295 per ton, surging by 35% against the previous year. Overall, the import price, however, recorded a abrupt setback. Over the period under review, average import prices attained the peak figure at $6,934 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Malaysia ($3,770 per ton), while the price for Thailand ($1,333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-5.9%), while the prices for the other major suppliers experienced a decline.

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

In 2022, exports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses from Myanmar soared to 132 tons, growing by 167% on the year before. Over the period under review, exports recorded 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; vulcanised (other than hard rubber), gloves other than surgical gloveses soared to $3.6M in 2022. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Myanmar (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Germany4672,452425.1%
Italy52.5302475.2%
United States0.520340500.0%
China32.0177453.1%
Japan84.716088.9%
United Arab Emirates0.184.984800.0%
Australia6.065.5991.7%
Others662120-81.9%
Total1,3053,564173.1%

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

  1. Germany (96.1 tons)
  2. Italy (8.8 tons)
  3. Australia (7.2 tons)
  4. United States (6.1 tons)
  5. Japan (5.4 tons)
  6. United Arab Emirates (2.6 tons)
  7. China (2.0 tons)

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

In 2022, after three years of growth, there was significant decline in purchases abroad of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses, when their volume decreased by -74.4% to 724 tons. In general, imports, however, recorded a noticeable increase. The pace of growth appeared the most rapid in 2020 with an increase of 157%.

In value terms, imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses reduced rapidly to $1.7M in 2022. Overall, imports saw a abrupt slump. The pace of growth was the most pronounced in 2020 when imports increased by 99% against the previous year.

Import of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Myanmar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia1.00.90.80.9-3.5%
Thailand0.63.03.00.60.0%
China0.3N/A0.80.2-12.6%
OthersN/A0.10.1N/A0.0%
Total2.04.04.81.7-5.3%

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

  1. Thailand (430.0 tons)
  2. Malaysia (244.7 tons)
  3. China (46.6 tons)

Source: IndexBox Market Intelligence Platform

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