Report Update Nov 1, 2024

Pakistan - Erasers of Vulcanised Rubber - Market Analysis, Forecast, Size, Trends and Insights

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Pakistan: Vulcanised Rubber Erases Market 2024

Vulcanised Rubber Erases Market Size in Pakistan

In 2021, the Pakistani vulcanised rubber erases market decreased by -62.2% to $X, falling for the fourth consecutive year after two years of growth. Over the period under review, consumption recorded a mild slump. Vulcanised rubber erases consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Vulcanised Rubber Erases Exports

Exports from Pakistan

In 2021, the amount of erasers of vulcanised rubber exported from Pakistan surged to X tons, growing by 226% compared with 2020. In general, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of 1,045% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, vulcanised rubber erases exports surged to $X in 2021. Overall, exports posted a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 958% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Ireland (X tons) was the main destination for vulcanised rubber erases exports from Pakistan, accounting for a 54% share of total exports. Moreover, vulcanised rubber erases exports to Ireland exceeded the volume sent to the second major destination, Kuwait (X tons), twofold. The UK (X kg) ranked third in terms of total exports with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ireland amounted to +24.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (0.0% per year) and the UK (+3.6% per year).

In value terms, Ireland ($X) emerged as the key foreign market for erasers of vulcanised rubber exports from Pakistan, comprising 67% of total exports. The second position in the ranking was taken by Kuwait ($X), with a 22% share of total exports. It was followed by the United States, with a 5% share.

From 2012 to 2021, the average annual growth rate of value to Ireland amounted to +29.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (0.0% per year) and the United States (+5.8% per year).

Export Prices by Country

In 2021, the average vulcanised rubber erases export price amounted to $X per ton, with an increase of 72% against the previous year. In general, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+22.8%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Erases Imports

Imports into Pakistan

In 2021, approx. X tons of erasers of vulcanised rubber were imported into Pakistan; declining by -67.8% against the previous year. Overall, imports, however, recorded a slight expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 158%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, vulcanised rubber erases imports declined markedly to $X in 2021. Over the period under review, imports continue to indicate a pronounced descent. The growth pace was the most rapid in 2016 when imports increased by 97%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) was the main supplier of vulcanised rubber erases to Pakistan, with a approx. 97% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +2.4%.

In value terms, China ($X) constituted the largest supplier of erasers of vulcanised rubber to Pakistan.

From 2012 to 2021, the average annual growth rate of value from China stood at -1.5%.

Import Prices by Country

In 2021, the average vulcanised rubber erases import price amounted to $X per ton, picking up by 33% against the previous year. In general, the import price, however, showed a noticeable reduction. The pace of growth was the most pronounced in 2018 an increase of 39%. Over the period under review, average import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -3.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for erasers of vulcanised rubber in the world?

China remains the largest vulcanised rubber erases consuming country worldwide, accounting for 56% of total volume. Moreover, vulcanised rubber erases consumption in China exceeded the figures recorded by the second-largest consumer, the United States, more than tenfold. Russia ranked third in terms of total consumption with a 3.5% share.

What are the largest producers of erasers of vulcanised rubber in the world?

China remains the largest vulcanised rubber erases producing country worldwide, comprising approx. 95% of total volume. It was followed by Taiwan Chinese), with a 2.4% share of total production.

What are the leading suppliers of erasers of vulcanised rubber to Pakistan?

In value terms, Spain constituted the largest supplier of vulcanised rubber erases to Pakistan.

What are the leading importers of erasers of vulcanised rubber from Pakistan?

In value terms, Ireland emerged as the key foreign market for vulcanised rubber erases exports from Pakistan, comprising 67% of total exports. The second position in the ranking was occupied by Kuwait, with a 22% share of total exports. It was followed by the United States, with a 5% share.

What is the average export price for erasers of vulcanised rubber in Pakistan?

The average vulcanised rubber erases export price stood at $2,728 per ton in 2021, rising by 9% against the previous year.

What is the average import price for erasers of vulcanised rubber in Pakistan?

In 2021, the average vulcanised rubber erases import price amounted to $2,313 per ton, growing by 33% against the previous year.

This report provides an in-depth analysis of the vulcanised rubber erases market in Pakistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22197321 - Erasers, of vulcanised rubber

Country coverage:

Pakistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Pakistan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023