What is the price of natural rubber per kilogram/pound in Tanzania today?
The retail price range for Tanzania natural rubber is between US$ 0.67 and US$ 1.44 per kilogram or between US$ 0.30 and US$ 0.65 per pound(lb). Click here to see today's exact prices of natural rubber in Tanzania
The retail price range in Tanzanian shilling for natural rubber is between TZS 1,598.17 and TZS 3,424.64 per kilogram or between TZS 724.79 and TZS 1,553.13 per pound(lb) in Dar es Salaam and Mwanza.
Wholesale prices
In 2024, the approximate wholesale price range for Tanzania natural rubber is between US$ 0.47 and US$ 1.01 per kilogram or between US$ 0.21 and US$ 0.46 per pound(lb).
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Tanzania Natural Rubber Export Prices - Historical, Trends and Prediction
The export price per kilogram of Natural Rubber from Tanzania over the last five years has seen a significant decrease. In 2012, the price was 2.13 US dollars per kg, but by 2015, it had dropped to 0.80 US dollars per kg. In 2017, the price rose to 1.08 US dollars per kg, and then increased further to 1.40 US dollars per kg in 2018. However, in 2019, the price dropped again to 0.38 US dollars per kg, before rising to 1.66 US dollars per kg in 2020. The most recent data shows that the price has decreased again to 1.07 US dollars per kg in 2021. Based on this data, it is predicted that the export price per kilogram of Natural Rubber from Tanzania in 2023 will be around 1.20 US dollars per kg, and in 2024 will be around 1.35 US dollars per kg.The Tanzania 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)
- Smoked sheets of natural rubber (HS code 400121)
- Technically specified natural rubber "TSNR" (HS code 400122)
- Natural rubber latex, whether or not prevulcanised (HS code 400110)
- 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)
Tanzania Natural Rubber Import Prices - Historical, Trends and Prediction
The import price per kilogram of Natural Rubber into Tanzania over the last five years has been quite volatile. In 2017, the price was $1.08, followed by a sharp increase to $1.4 in 2018. However, in 2019, the price dropped to $0.38, before rising again to $1.66 in 2020. The price then decreased to $1.07 in 2021. Based on this trend, it is likely that the price of Natural Rubber in Tanzania will remain around the $1 mark in 2023 and 2024.Export values for Tanzania natural rubber
The total values in export for natural rubber in Tanzania were US$ 12, US$ 54, US$ 49 and US$ 5 in US dollar thousand for the years 2015, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Tanzania: 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.
Tanzania natural rubber - Production, Exports, Imports, Seasons and HS Codes
In 2019 Tanzania shipped 12 tonnes of natural rubber. For the year 2019 alone, the market for Tanzania natural rubber (processed category) has reduced, with a change of -65.714 per cent compared to the year 2018. Between 2017 and 2019, natural rubber's exports went down by -76 percent bringing the exporter US$0.00m for the year 2019. Tanzania's natural rubber exports are classified as:
- Natural rubber in primary forms or in plates, sheets or strip (excluding smoked sheets, technically specified natural rubber "TSNR" and natural rubber latex, whether or not prevulcanised) (HS code 400129)
- Technically specified natural rubber "TSNR" (HS code 400122)
- Smoked sheets of natural rubber (HS code 400121)
- Natural rubber latex, whether or not prevulcanised (HS code 400110)
- Balata, gutta-percha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip (excluding natural rubber, whether or not prevulcanised) (HS code 400130)
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Tanzania natural rubber export values
In 2019, Tanzania shipped natural rubber valued at 0.00m USD, a drop of -100.00% from 2018's total natural rubber export of 0.049m USD. The annual reduction in value of Tanzania natural rubber between 2017 to 2018 was -9.259 pc.
The yearly change in the volume of Tanzania's natural rubber exports between 2017 and 2019 was -76 percent in comparison to a variation of -65.714% in the period between 2018 and 2019.
Export markets for Tanzania natural rubber ( in '000$ )
Tanzania's top export markets for natural rubber are United Arab Emirates (UAE), Sri Lanka, Pakistan, India and Vietnam.
Tanzania purchased 180 tonnes of natural rubber in 2019.