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

Contents:

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

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

The average import price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses stood at $5,953 per ton in 2022, waning by -8.7% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses increased by +112.5% against 2016 indices. The pace of growth was the most pronounced in 2021 an increase of 44%. As a result, import price attained the peak level of $6,521 per ton, and then reduced 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 Austria ($10,633 per ton), while the price for the United Arab Emirates ($1,983 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.2%), 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 Uganda (FOB) - 2022

The average export price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses stood at $7,157 per ton in 2022, which is down by -49.2% against the previous year. Overall, the export price, however, showed notable growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 106%. The export price peaked at $14,091 per ton in 2021, and then shrank sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burundi ($22,101 per ton), while the average price for exports to Malaysia ($4,408 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 Burundi (+13.0%), 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 Uganda

In 2022, approx. 545 tons of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses were imported into Uganda; with an increase of 27% compared with 2021 figures. Overall, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 116% against the previous year. As a result, imports attained the peak of 814 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses skyrocketed to $3.2M in 2022. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 155% against the previous year. As a result, imports attained the peak of $3.7M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand4891,2831,0292,06761.7%
China74.898023152791.7%
Malaysia417798158318-8.6%
Austria1.77.55.2126320.1%
Kenya34.790.217.735.60.9%
Denmark2261491.521.1-54.6%
United Arab Emirates73.99.04.514.3-42.2%
Others1253691,3541352.6%
Total1,4433,6862,8023,24431.0%

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

  1. Thailand (278.5 tons)
  2. Malaysia (110.1 tons)
  3. China (95.1 tons)
  4. Austria (11.8 tons)
  5. Kenya (11.7 tons)
  6. Denmark (7.8 tons)
  7. United Arab Emirates (7.2 tons)

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

In 2022, exports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses from Uganda surged to 43 tons, growing by 186% on the year before. Over the period under review, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 256%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses soared to $309K in 2022. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 311%. As a result, the exports attained the peak of $404K. 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 Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo0.36.89.0192761.8%
Malaysia46.213120.361.510.0%
India10.419341.125.635.0%
Netherlands4.328.19.311.739.6%
South Africa0.224.77.89.4260.9%
United KingdomN/AN/A87.9N/A0%
Others37.021.037.28.6-38.5%
Total98.340421330946.5%

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

  1. Democratic Republic of the Congo (24.0 tons)
  2. Malaysia (14.0 tons)
  3. India (2.7 tons)
  4. Netherlands (1.2 tons)
  5. South Africa (1.0 tons)

Source: IndexBox Market Intelligence Platform

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