What is the price of natural rubber per kilogram/pound in Egypt today?
The retail price range for Egypt natural rubber is between US$ 1.97 and US$ 2.95 per kilogram or between US$ 0.89 and US$ 1.34 per pound(lb). Click here to see today's exact prices of natural rubber in Egypt
The retail price range in Egyptian Pound for natural rubber is between EGP 61.41 and EGP 92.12 per kilogram or between EGP 27.85 and EGP 41.78 per pound(lb) in Cairo and Alexandria.
Wholesale prices
In 2024, the approximate wholesale price range for Egypt natural rubber is between US$ 1.38 and US$ 2.06 per kilogram or between US$ 0.62 and US$ 0.94 per pound(lb).
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Egypt Natural Rubber Export Prices - Historical, Trends and Prediction
The export price per kilogram of Natural Rubber from Egypt over the last five years has been quite varied. In 2016, the price was 1.45 US$ per kg, followed by a significant increase to 2.31 US$ per kg in 2017. In 2018, the price skyrocketed to 33.15 US$ per kg, before dropping back down to 1.74 US$ per kg in 2019. The price then rose again to 2.88 US$ per kg in 2020 and 5.15 US$ per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Natural Rubber from Egypt in 2023 will be around 7.37 US$ per kg and in 2024 it will be around 9.62 US$ per kg.The natural rubber exports from Egypt are classified as:
- Natural rubber latex, whether or not prevulcanised (HS code 400110)
- Smoked sheets of natural rubber (HS code 400121)
- Natural rubber in primary forms or in plates, sheets or strip (excluding smoked sheets, technically specified natural rubber "TSNR" and natural rubber latex, whether or not prevulcanised) (HS code 400129)
- Technically specified natural rubber "TSNR" (HS code 400122)
- Balata, gutta-percha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip (excluding natural rubber, whether or not prevulcanised) (HS code 400130)
Egypt Natural Rubber Import Prices - Historical, Trends and Prediction
The import price of Natural Rubber into Egypt over the last five years has been quite volatile. In 2016, the price was $1.45 per kg, which was followed by a sharp increase to $2.31 in 2017. This was followed by a significant jump to $33.15 in 2018, before dropping back to $1.74 in 2019. The price then rose again to $2.88 in 2020 and further to $5.15 in 2021. Looking ahead, it is likely that the import price of Natural Rubber into Egypt will remain volatile in the coming years. Based on the data, it is predicted that the price will be around $7.00 per kg in 2023 and $9.00 per kg in 2024.Export values for Egypt natural rubber
The total values in export for natural rubber in Egypt were US$ 43,271, US$ 49,755, US$ 45,027 and US$ 44,475 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Egypt: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of natural rubber in other countries across Africa: Algeria natural rubber, Angola natural rubber, Botswana natural rubber, Burundi natural rubber, Cameroon natural rubber, Cape Verde natural rubber, Central African Republic natural rubber, Comoros natural rubber, DRC Congo natural rubber & Benin natural rubber.
Egypt natural rubber - Production, Exports, Imports, Seasons and HS Codes
In 2019 Egypt shipped 5,226 tonnes of natural rubber. For 2019 alone, the interest in Egypt natural rubber (processed category) has climbed, changing by 1998.795 pc compared to the year 2018. Between 2017 and 2019, natural rubber's exports went up by 2956.14 pc bringing the country US$44.48m for the year 2019. Egypt's natural rubber exports are categorised as:
- Natural rubber in primary forms or in plates, sheets or strip (excluding smoked sheets, technically specified natural rubber "TSNR" and natural rubber latex, whether or not prevulcanised) (HS code 400129)
- Smoked sheets of natural rubber (HS code 400121)
- Balata, gutta-percha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip (excluding natural rubber, whether or not prevulcanised) (HS code 400130)
- Technically specified natural rubber "TSNR" (HS code 400122)
- Natural rubber latex, whether or not prevulcanised (HS code 400110)
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Egypt natural rubber export values
In 2019, Egypt supplied natural rubber with a value of 44.48m USD, a contraction of -1.21% from 2018's total natural rubber export of 45.027m USD. The annual change in value of Egypt natural rubber between 2017 to 2018 was -9.503%.
The annual/yearly variation in the quantity of Egypt's natural rubber exports between 2017 and 2019 was 2956.14 pc compared to a variation of 1998.795% in the period between 2018 and 2019.
Export markets for Egypt natural rubber ( in '000$ )
Egypt's best performing destinations for natural rubber are Jordan, Saudi Arabia, South Korea, Argentina and Hong Kong.
Egypt procured 14,430 tonnes of natural rubber in 2019.