What is the price of natural rubber per kilogram/pound in Panama today?
The retail price range for Panama natural rubber is between US$ 2.41 and US$ 6.25 per kilogram or between US$ 1.09 and US$ 2.84 per pound(lb). Click here to see today's exact prices of natural rubber in Panama
The retail price range in US Dollar for natural rubber is between USD 2.41 and USD 6.25 per kilogram or between USD 1.09 and USD 2.84 per pound(lb) in Panama City and Colón.
Wholesale prices
In 2024, the approximate wholesale price range for Panama natural rubber is between US$ 1.68 and US$ 4.38 per kilogram or between US$ 0.76 and US$ 1.99 per pound(lb).
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Panama natural rubber - Production, Exports, Imports, Seasons and HS Codes
In 2019 Panama sold 110 tonnes of natural rubber. For 2019 alone, the demand for Panama natural rubber (processed category) has increased, recording a change of 378.261 pc compared to the year 2018. Between 2017 and 2019, natural rubber's exports reduced by -29.94% netting the nation US$0.15m for the year 2019. Panama's natural rubber exports are classified as:
- Technically specified natural rubber "TSNR" (HS code 400122)
- Natural rubber latex, whether or not prevulcanised (HS code 400110)
- Smoked sheets of natural rubber (HS code 400121)
- Balata, gutta-percha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip (excluding natural rubber, whether or not prevulcanised) (HS code 400130)
- Natural rubber in primary forms or in plates, sheets or strip (excluding smoked sheets, technically specified natural rubber "TSNR" and natural rubber latex, whether or not prevulcanised) (HS code 400129)
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Panama natural rubber export values
In 2019, Panama exported natural rubber with a value of 0.15m USD, a surge of 294.74% from 2018's total natural rubber export of 0.038m USD. The annual change in value of Panama natural rubber between 2017 to 2018 was -91.284 per cent.
The annual/yearly variation in the amount of Panama's natural rubber exports between 2017 and 2019 was -29.94 pc compared to a variation of 378.261% in the period between 2018 and 2019.
Panama's share of the world's total natural rubber's exports in 2019 was less than 1%. The country is ranked number 33 in world exports of natural rubber.
Export markets for Panama natural rubber ( in '000$ )
Panama's leading export markets for natural rubber are Peru, Spain, Jamaica, US and the Netherlands.
Import/Export Trends
Panama is a net importer of natural rubber. The annual growth of Panama natural rubber in value between 2015 to 2019 was -34%, per annum, while annual growth in quantity through the same period was %, per annum.
Panama procured 418 tonnes of natural rubber in 2019.