What is the price of natural rubber per kilogram/pound in Turkey today?
The retail price range for Turkey natural rubber is between US$ 0.19 and US$ 2.14 per kilogram or between US$ 0.09 and US$ 0.97 per pound(lb). Click here to see today's exact prices of natural rubber in Turkey
The retail price range in Turkish Lira for natural rubber is between TRY 3.85 and TRY 42.30 per kilogram or between TRY 1.74 and TRY 19.18 per pound(lb) in Ankara and Istanbul.
Wholesale prices
In 2024, the approximate wholesale price range for Turkey natural rubber is between US$ 0.14 and US$ 1.49 per kilogram or between US$ 0.06 and US$ 0.68 per pound(lb).
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Turkey Natural Rubber Export Prices - Historical, Trends and Prediction
The export price per kilogram of Natural Rubber from Turkey over the last five years has seen a steady decline. In 2017, the price was 2.08 US$ per kg, which dropped to 1.89 US$ per kg in 2018 and further to 1.67 US$ per kg in 2019. The lowest price was recorded in 2020 at 1.74 US$ per kg, before rising to 1.82 US$ per kg in 2021 and 2.27 US$ per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Natural Rubber from Turkey in 2023 will be around 2.14 US$ per kg and in 2024 will be around 2.30 US$ per kg.The exports of natural rubber from Turkey 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)
- Natural rubber latex, whether or not prevulcanised (HS code 400110)
- 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)
Turkey Natural Rubber Import Prices - Historical, Trends and Prediction
The import price of Natural Rubber into Turkey over the last five years has been quite volatile. In 2012, the price was 2.73 US$ per kg, which increased to 2.98 US$ per kg in 2013. However, the price dropped to 2.56 US$ per kg in 2014 and further decreased to 2.20 US$ per kg in 2015. The price continued to decline in 2016, reaching 1.82 US$ per kg. In 2017, the price increased to 2.08 US$ per kg, but then dropped again to 1.89 US$ per kg in 2018. The price decreased further to 1.67 US$ per kg in 2019 and then increased to 1.74 US$ per kg in 2020. In 2021, the price rose to 2.27 US$ per kg and then increased again to 2.40 US$ per kg in 2022. Based on the data, it is predicted that the import price of Natural Rubber into Turkey will remain relatively stable in 2023, with a price of 2.40 US$ per kg. In 2024, the price is expected to increase slightly to 2.45 US$ per kg.Export values for Turkey natural rubber
The total values in export for natural rubber in Turkey were US$ 2,427, US$ 991, US$ 1,052 and US$ 1,687 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Turkey: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of natural rubber in other countries across Middle East: Bahrain natural rubber, Cyprus natural rubber, Iraq natural rubber, Israel natural rubber, Jordan natural rubber, Kuwait natural rubber, Lebanon natural rubber, Palestine natural rubber, Oman natural rubber & Qatar natural rubber.
Turkey natural rubber - Production, Exports, Imports, Seasons and HS Codes
The amount of natural rubber exported by Turkey in 2020 was 1,397 metric tons. In 2019 Turkey exported 952 tonnes of natural rubber. In 2019 alone, the demand for Turkey natural rubber (processed category) has gone up, flactuating by 70.916 per cent compared to the year 2018. Between 2017 and 2019, natural rubber's exports increased by 99.58 percent earning the exporter US$1.69m for the year 2019. Turkey's natural rubber exports are classified as:
- Balata, gutta-percha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip (excluding natural rubber, whether or not prevulcanised) (HS code 400130)
- Technically specified natural rubber "TSNR" (HS code 400122)
- Natural rubber latex, whether or not prevulcanised (HS code 400110)
- Natural rubber in primary forms or in plates, sheets or strip (excluding smoked sheets, technically specified natural rubber "TSNR" and natural rubber latex, whether or not prevulcanised) (HS code 400129)
- Smoked sheets of natural rubber (HS code 400121)
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Turkey natural rubber export values
In 2019, Turkey exported natural rubber worth 1.69m USD, an increase of 60.65% from 2018's total natural rubber export of 1.052m USD. The yearly increase in value of Turkey natural rubber between 2017 to 2018 was 6.155 per cent.
The annual change in the quantity of Turkey's natural rubber exports between 2017 and 2019 was 99.58 pc in comparison to a variation of 70.916% in the period between 2018 and 2019.
Turkey's share of the world's total natural rubber's exports in 2019 was less than 1%. Turkey holds number 43 in world exports of natural rubber.
Export markets for Turkey natural rubber ( in '000$ )
Turkey's leading destinations for natural rubber are Slovenia, Romania, Spain, Azerbaijan and Georgia.
Import/Export Trends
Turkey is a net importer of natural rubber. The annual growth of Turkey natural rubber in value between 2015 to 2019 was 6%, per annum, while annual growth in quantity for the same period was %, per annum.
Turkey ordered 205,911 tonnes of natural rubber in 2019.