What is the price of natural rubber per kilogram/pound in Malawi today?
The retail price range for Malawi natural rubber is between US$ 4.83 and US$ 8.70 per kilogram or between US$ 2.19 and US$ 3.95 per pound(lb). Click here to see today's exact prices of natural rubber in Malawi
The retail price range in Malawi Kwacha for natural rubber is between MWK 4,982.47 and MWK 8,968.45 per kilogram or between MWK 2,259.63 and MWK 4,067.33 per pound(lb) in Lilongwe and Blantyre.
Wholesale prices
In 2024, the approximate wholesale price range for Malawi natural rubber is between US$ 3.38 and US$ 6.09 per kilogram or between US$ 1.53 and US$ 2.76 per pound(lb).
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Malawi Natural Rubber Export Prices - Historical, Trends and Prediction
The export price of Natural Rubber from Malawi over the last five years has seen a steady decline. In 2017, the price was 1.93 US$ per kg, which dropped to 1.55 US$ per kg in 2018. In 2019, the price increased slightly to 1.58 US$ per kg, before dropping again to 1.49 US$ per kg in 2020. The price then rose to 1.73 US$ per kg in 2021. Based on this trend, it is predicted that the export price of Natural Rubber from Malawi in 2023 will be around 1.45 US$ per kg and in 2024 will be around 1.40 US$ per kg.The Malawi natural rubber exports are classified 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)
- 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)
- Smoked sheets of natural rubber (HS code 400121)
Malawi Natural Rubber Import Prices - Historical, Trends and Prediction
The import price per kilogram of Natural Rubber into Malawi has seen a steady decline over the past five years. In 2016, the price was $1.53, and in 2021 it was $1.73. This represents a 13.7% decrease in the price of Natural Rubber over the five-year period. The lowest price was recorded in 2015, when the price was $1.80 per kilogram. This was followed by a slight increase in 2017, when the price rose to $1.93. Since then, the price has been steadily decreasing, with the most recent price being $1.49 in 2020. Based on this trend, it is likely that the price of Natural Rubber in Malawi will continue to decrease in the coming years, with a predicted price of $1.45 in 2023 and $1.41 in 2024.Export values for Malawi natural rubber
The total values in export for natural rubber in Malawi were US$ 3,516, US$ 5,870, US$ 3,842 and US$ 3,922 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Malawi: 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.
Malawi natural rubber - Production, Exports, Imports, Seasons and HS Codes
In 2019 Malawi shipped 2,477 tonnes of natural rubber. For the year 2019 alone, the market for Malawi natural rubber (processed category) has reduced, recording a change of -0.32193159 percent compared to the year 2018. Between 2017 and 2019, natural rubber's exports reduced by -18.63% bringing the nation US$3.92m for the year 2019. Malawi's natural rubber exports are classified as:
- Smoked sheets of natural rubber (HS code 400121)
- Technically specified natural rubber "TSNR" (HS code 400122)
- Balata, gutta-percha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip (excluding natural rubber, whether or not prevulcanised) (HS code 400130)
- Natural rubber in primary forms or in plates, sheets or strip (excluding smoked sheets, technically specified natural rubber "TSNR" and natural rubber latex, whether or not prevulcanised) (HS code 400129)
- Natural rubber latex, whether or not prevulcanised (HS code 400110)
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Malawi natural rubber export values
In 2019, Malawi supplied natural rubber costing 3.92m USD, a growth of 2.03% from 2018's total natural rubber export of 3.842m USD. The annual growth in value of Malawi natural rubber between 2017 to 2018 was -34.549 pc.
The per year change in the quantity of Malawi's natural rubber exports between 2017 and 2019 was -18.63 pc in comparison to a variation of -0.32193159% in the period between 2018 and 2019.
Export markets for Malawi natural rubber ( in '000$ )
Malawi's best performing destinations for natural rubber are South Africa, Zimbabwe, Zambia, Hong Kong and Tanzania.
Malawi imported 27 tonnes of natural rubber in 2019.