China: Market for Extruded Solid Rubber Rods And Profiles 2025

Market Size for Extruded Solid Rubber Rods And Profiles in China

The Chinese extruded solid rubber rod market shrank slightly to $X in 2022, waning by -1.6% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Extruded solid rubber rod consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Production of Extruded Solid Rubber Rods And Profiles in China

In value terms, extruded solid rubber rod production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 21%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Exports of Extruded Solid Rubber Rods And Profiles

Exports from China

In 2022, shipments abroad of extruded solid rubber rods and profiles increased by 40% to X tons, rising for the sixth consecutive year after two years of decline. Overall, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2017 when exports increased by 49%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, extruded solid rubber rod exports skyrocketed to $X in 2022. In general, exports recorded a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Singapore (X tons) was the main destination for extruded solid rubber rod exports from China, with a 18% share of total exports. Moreover, extruded solid rubber rod exports to Singapore exceeded the volume sent to the second major destination, Japan (X tons), twofold. The third position in this ranking was held by Malaysia (X tons), with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore amounted to +39.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+22.6% per year) and Malaysia (+9.7% per year).

In value terms, Singapore ($X), the United Arab Emirates ($X) and Malaysia ($X) were the largest markets for extruded solid rubber rod exported from China worldwide, with a combined 38% share of total exports. The United States, Vietnam, Japan, Peru, the Philippines, South Korea, Russia, Israel, Mongolia and Chile lagged somewhat behind, together accounting for a further 28%.

Among the main countries of destination, Peru, with a CAGR of +178.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average extruded solid rubber rod export price stood at $X per ton in 2022, surging by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.9%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Mongolia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Extruded Solid Rubber Rods And Profiles

Imports into China

In 2022, approx. X tons of extruded solid rubber rods and profiles were imported into China; dropping by -30.7% on the year before. Over the period under review, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2014 when imports increased by 47% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, extruded solid rubber rod imports fell to $X in 2022. In general, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of 37% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Germany (X tons), Spain (X tons) and Japan (X tons) were the main suppliers of extruded solid rubber rod imports to China, together comprising 63% of total imports. The UK, the United States, South Korea, Malaysia, the Netherlands and Turkey lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +30.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest extruded solid rubber rod suppliers to China were Germany ($X), Japan ($X) and the UK ($X), together accounting for 46% of total imports. The United States, Spain, Malaysia, South Korea, the Netherlands and Turkey lagged somewhat behind, together comprising a further 34%.

Spain, with a CAGR of +32.6%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average extruded solid rubber rod import price amounted to $X per ton, with an increase of 30% against the previous year. In general, the import price enjoyed a perceptible expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 46% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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