What is the price of natural rubber per kilogram/pound in Hong Kong today?
The retail price range for Hong Kong natural rubber is between US$ 0.69 and US$ 1.30 per kilogram or between US$ 0.31 and US$ 0.59 per pound(lb). Click here to see today's exact prices of natural rubber in Hong Kong
The retail price range in Hong Kong Dollar for natural rubber is between HKD 5.35 and HKD 10.18 per kilogram or between HKD 2.43 and HKD 4.62 per pound(lb) in Kowloon and Tsuen Wan.
Wholesale prices
In 2024, the approximate wholesale price range for Hong Kong natural rubber is between US$ 0.48 and US$ 0.91 per kilogram or between US$ 0.22 and US$ 0.41 per pound(lb).
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Hong Kong Natural Rubber Export Prices - Historical, Trends and Prediction
The export price of Natural Rubber from Hong Kong has seen a steady increase over the past five years. In 2018, the export price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.75, and in 2021 it further increased to $2.90. The most recent data shows that the export price per kilogram in 2022 was $3.05. Overall, the export price of Natural Rubber from Hong Kong has increased by 24.5% over the past five years. It is difficult to predict the prices for 2023 and 2024, however, it is likely that the export price will continue to increase in the coming years.The exports of natural rubber from Hong Kong are classified as:
- 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)
- 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)
- Natural rubber latex, whether or not prevulcanised (HS code 400110)
Hong Kong Natural Rubber Import Prices - Historical, Trends and Prediction
The import price of Natural Rubber into Hong Kong has seen a steady increase over the past five years. In 2018, the import price per kilogram was $1.45, which increased to $1.60 in 2019. In 2020, the price rose to $1.75, and in 2021 it further increased to $1.90. The most recent data shows that the import price per kilogram of Natural Rubber into Hong Kong was $2.05 in 2022. This steady increase in the import price of Natural Rubber into Hong Kong over the past five years is indicative of a positive trend. The price has increased by 40.7% since 2018, and it is likely that this trend will continue in the coming years. Based on this data, it is reasonable to predict that the import price per kilogram of Natural Rubber into Hong Kong will be around $2.20 in 2023 and $2.35 in 2024.Export values for Hong Kong natural rubber
The total values in export for natural rubber in Hong Kong were US$ 9,615, US$ 8,567, US$ 6,240 and US$ 3,883 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Hong Kong: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of natural rubber in other countries across Asia: Kazakhstan natural rubber, Kyrgyzstan natural rubber, Tajikistan natural rubber, Turkmenistan natural rubber, Uzbekistan natural rubber, China natural rubber, Hong Kong natural rubber, Macao natural rubber, North Korea natural rubber & Mongolia natural rubber.
Hong Kong natural rubber - Production, Exports, Imports, Seasons and HS Codes
In 2019 Hong Kong exported 2,621 tonnes of natural rubber. For the year 2019 alone, the interest in Hong Kong natural rubber (processed category) has gone down, changing by -3.427 per cent compared to the year 2018. Between 2017 and 2019, natural rubber's exports reduced by -8.1 percent netting the exporter US$3.88m for the year 2019. Hong Kong's natural rubber exports are categorised as:
- Smoked sheets of natural rubber (HS code 400121)
- Natural rubber in primary forms or in plates, sheets or strip (excluding smoked sheets, technically specified natural rubber "TSNR" and natural rubber latex, whether or not prevulcanised) (HS code 400129)
- Balata, gutta-percha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip (excluding natural rubber, whether or not prevulcanised) (HS code 400130)
- Natural rubber latex, whether or not prevulcanised (HS code 400110)
- Technically specified natural rubber "TSNR" (HS code 400122)
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Hong Kong natural rubber export values
In 2019, Hong Kong supplied natural rubber worth 3.88m USD, a decrease of -37.82% from 2018's total natural rubber export of 6.24m USD. The yearly change in value of Hong Kong natural rubber between 2017 to 2018 was -27.162 percent.
The yearly variation in the volume of Hong Kong's natural rubber exports between 2017 and 2019 was -8.1% when compared to a variation of -3.427% in the growth rate between 2018 and 2019.
Export markets for Hong Kong natural rubber ( in '000$ )
Hong Kong's leading destinations for natural rubber are China, United Kingdom (UK), Italy, Canada and Bangladesh.
Hong Kong brought in 2,581 tonnes of natural rubber in 2019.