Unvulcanized Rubber Prices in the United States

U.S. Unvulcanized Rubber Import Price per Ton in May 2022

In May 2022, the unvulcanized rubber price per ton amounted to $4.1K (CIF, US), picking up by 2% against the previous month. Over the period from January 2022 to May 2022, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in April 2022 an increase of 2.6% against the previous month. The import price peaked in May 2022.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($6.0K per ton), while the price for Poland ($2.1K per ton) was amongst the lowest.

From January 2022 to May 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

U.S. Unvulcanized Rubber Import Prices by Type

There were significant differences in the average prices amongst the major supplied products. In July 2022, the product with the highest price was plates, sheets, strip, rods and profile shapes, of vulcanised rubber other than hard rubber ($5.3K per ton), while the price for vulcanised rubber thread and cord ($1.9K per ton) was amongst the lowest.

From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by plates, sheets, strip, rods and profile shapes, of vulcanised rubber other than hard rubber (+2.0%), while the prices for the other products experienced mixed trend patterns.

U.S. Unvulcanized Rubber Imports

Unvulcanized rubber imports into the United States expanded slightly to 23K tons in July 2022, with an increase of 3.2% on June 2022 figures. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in May 2022 with an increase of 37% month-to-month. As a result, imports reached the peak of 29K tons. From June 2022 to July 2022, the growth of imports failed to regain momentum.

In value terms, unvulcanized rubber imports amounted to $96M (IndexBox estimates) in July 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2022 when imports increased by 40% against the previous month. As a result, imports attained the peak of $118M. From June 2022 to July 2022, the growth of imports remained at a somewhat lower figure.

U.S. Unvulcanized Rubber Imports by Type

In July 2022, compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip (16K tons) constituted the largest type of unvulcanized rubber supplied to the United States, with a 66% share of total imports. Moreover, compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip exceeded the figures recorded for the second-largest type, plates, sheets, strip, rods and profile shapes, of vulcanised rubber other than hard rubber (6.9K tons), twofold. The third position in this ranking was taken by vulcanised rubber thread and cord (456 tons), with a 2% share.

From January 2022 to July 2022, the average monthly rate of growth in terms of the volume of import of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip was relatively modest. With regard to the other supplied products, the following average monthly rates of growth were recorded: plates, sheets, strip, rods and profile shapes, of vulcanised rubber other than hard rubber (-0.6% per month) and vulcanised rubber thread and cord (+12.3% per month).

In value terms, compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip ($57M), plates, sheets, strip, rods and profile shapes, of vulcanised rubber other than hard rubber ($37M) and rubber ($1.4M) appeared to be the most imported types of unvulcanized rubber and articles thereof in the United States, together accounting for 99% of total imports.

U.S. Unvulcanized Rubber Imports by Country

In May 2022, Canada (12K tons) constituted the largest unvulcanized rubber supplier to the United States, with a 40% share of total imports. Moreover, unvulcanized rubber imports from Canada exceeded the figures recorded by the second-largest supplier, Thailand (5.4K tons), twofold. Germany (2.8K tons) ranked third in terms of total imports with a 9.6% share.

From January 2022 to May 2022, the average monthly growth rate of volume from Canada stood at +4.0%. The remaining supplying countries recorded the following average monthly rates of imports growth: Thailand (+11.7% per month) and Germany (+21.4% per month).

In value terms, the largest unvulcanized rubber suppliers to the United States were Canada ($40M), Thailand ($24M) and Germany ($17M), together comprising 68% of total imports.

Germany, with a CAGR of +18.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform