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

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

After three years of growth, the East Asian rubber-to-metal and moulded article market decreased by -0.7% to $X in 2021. The market value increased at an average annual rate of +3.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2020, and then shrank in the following year.

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

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 +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when the production volume increased by 28% against the previous year. Over the period under review, production reached the peak level at $X in 2019; afterwards, it flattened through to 2021.

Exports of Rubber-to-Metal and Moulded Articles

Exports in Eastern Asia

In 2021, approx. X tons of rubber-to-metal and moulded articles were exported in Eastern Asia; rising by 23% compared with the year before. The total export volume increased at an average annual rate of +3.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when exports increased by 26% against the previous year. The volume of export peaked in 2021 and is likely to continue growth in the immediate term.

In value terms, rubber-to-metal and moulded article exports surged to $X in 2021. The total export value increased at an average annual rate of +3.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, China (X tons) represented the key exporter of rubber-to-metal and moulded articles, generating 75% of total exports. It was distantly followed by Japan (X tons) and South Korea (X tons), together making up a 20% share of total exports. Taiwan (Chinese) (X tons) took a little share of total exports.

China was also the fastest-growing in terms of the rubber-to-metal and moulded articles exports, with a CAGR of +6.3% from 2012 to 2021. South Korea and Taiwan (Chinese) experienced a relatively flat trend pattern. Japan (-3.3%) illustrated a downward trend over the same period. While the share of China (+15 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of South Korea (-3.2 p.p.) and Japan (-9.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest rubber-to-metal and moulded article supplier in Eastern Asia, comprising 55% of total exports. The second position in the ranking was taken by Japan ($X), with a 25% share of total exports. It was followed by South Korea, with a 12% share.

In China, rubber-to-metal and moulded article exports expanded at an average annual rate of +9.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Japan (-3.1% per year) and South Korea (+4.4% per year).

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per ton, surging by 5.1% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 7.6%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the export prices remained at a lower figure.

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 ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.2%), while the other leaders experienced more modest paces of growth.

Imports of Rubber-to-Metal and Moulded Articles

Imports in Eastern Asia

In 2021, imports of rubber-to-metal and moulded articles in Eastern Asia expanded rapidly to X tons, picking up by 13% compared with 2020. The total import volume increased at an average annual rate of +5.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 when imports increased by 14% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, rubber-to-metal and moulded article imports soared to $X in 2021. The total import value increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Japan (X tons) and China (X tons) represented roughly 83% of total imports in 2021. It was distantly followed by South Korea (X tons), making up an 11% share of total imports. The following importers - Hong Kong SAR (X tons) and Taiwan (Chinese) (X tons) - each resulted at a 6% share of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +10.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and South Korea ($X) were the countries with the highest levels of imports in 2021, together comprising 93% of total imports.

China, with a CAGR of +4.1%, 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

In 2021, the import price in Eastern Asia amounted to $X per ton, growing by 2% against the previous year. Over the period under review, the import price, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2018 an increase of 3.8%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+1.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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