Asia-Pacific: Market for Rubber-to-Metal and Moulded Articles 2025

Market Size for Rubber-to-Metal and Moulded Articles in Asia-Pacific

After three years of growth, the Asia-Pacific rubber-to-metal and moulded article market decreased by -0.8% to $X in 2021. The market value increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2020, and then declined in the following year.

Production of Rubber-to-Metal and Moulded Articles in Asia-Pacific

In value terms, rubber-to-metal and moulded article production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when the production volume increased by 22% against the previous year. The level of production peaked at $X in 2019; afterwards, it flattened through to 2021.

Exports of Rubber-to-Metal and Moulded Articles

Exports in Asia-Pacific

After two years of decline, shipments abroad of rubber-to-metal and moulded articles increased by 23% to X tons in 2021. The total export volume increased at an average annual rate of +2.6% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, rubber-to-metal and moulded article exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China was the major exporter of rubber-to-metal and moulded articles in Asia-Pacific, with the volume of exports accounting for X tons, which was approx. 47% of total exports in 2021. Thailand (X tons) ranks second in terms of the total exports with a 16% share, followed by India (7.4%), Japan (6.5%), South Korea (5.9%) and Malaysia (4.5%). Singapore (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +6.3% from 2012 to 2021. At the same time, Singapore (+6.4%) and Malaysia (+2.3%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +6.4% from 2012-2021. India, Thailand and South Korea experienced a relatively flat trend pattern. By contrast, Japan (-3.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China increased by +13 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest rubber-to-metal and moulded article supplier in Asia-Pacific, comprising 39% of total exports. The second position in the ranking was held by Japan ($X), with an 18% share of total exports. It was followed by South Korea, with an 8.7% share.

In China, rubber-to-metal and moulded article exports increased at an average annual rate of +9.0% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (-3.1% per year) and South Korea (+4.4% per year).

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per ton, picking up by 5.2% against the previous year. In general, the export price, however, showed a mild downturn. Over the period under review, the export prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Japan ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+4.3%), while the other leaders experienced more modest paces of growth.

Imports of Rubber-to-Metal and Moulded Articles

Imports in Asia-Pacific

In 2021, supplies from abroad of rubber-to-metal and moulded articles was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. The total import volume increased at an average annual rate of +3.0% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, rubber-to-metal and moulded article imports skyrocketed to $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Japan (X tons) and China (X tons) represented the largest importers of rubber-to-metal and moulded articles in 2021, amounting to approx. 24% and 23% of total imports, respectively. Thailand (X tons) held an 8.5% share (based on physical terms) of total imports, which put it in second place, followed by India (8.1%), South Korea (6%), Vietnam (4.9%) and Australia (4.5%). Indonesia (X tons), the Philippines (X tons), Malaysia (X tons), Singapore (X tons), Hong Kong SAR (X tons) and Taiwan (Chinese) (X tons) took a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for the Philippines (with a CAGR of +15.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and India ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 56% share of total imports. These countries were followed by Australia, Vietnam, South Korea, Indonesia, Malaysia, the Philippines, Singapore, Taiwan (Chinese) and Hong Kong SAR, which together accounted for a further 39%.

The Philippines, with a CAGR of +16.2%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2021, approximately reflecting the previous year. Overall, the import price showed a perceptible downturn. The pace of growth was the most pronounced in 2018 when the import price increased by 7.3% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while Japan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+11.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :