Report Update Nov 1, 2024

Pakistan - Natural Rubber and Gums - Market Analysis, Forecast, Size, Trends and Insights

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Pakistan: Market for Natural Rubber And Gums 2024

Market Size for Natural Rubber And Gums in Pakistan

In 2022, after two years of growth, there was significant decline in the Pakistani natural rubber and gum market, when its value decreased by -9.8% to $X. Overall, consumption saw a relatively flat trend pattern. Natural rubber and gum consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Exports of Natural Rubber And Gums

Exports from Pakistan

In 2022, shipments abroad of natural rubber and gums increased by 243% to X tons for the first time since 2018, thus ending a three-year declining trend. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 482%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, natural rubber and gum exports surged to $X in 2022. Overall, exports, however, saw a noticeable setback. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons), Germany (X tons) and the UK (X kg) were the main destinations of natural rubber and gum exports from Pakistan, together accounting for 73% of total exports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +28.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Germany ($X) and the UK ($X) appeared to be the largest markets for natural rubber and gum exported from Pakistan worldwide, together comprising 67% of total exports.

The United Arab Emirates, with a CAGR of +18.4%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average natural rubber and gum export price amounted to $X per ton, rising by 88% against the previous year. In general, the export price, however, showed a mild reduction. The growth pace was the most rapid in 2017 an increase of 136%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the UK ($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 (-5.8%).

Imports of Natural Rubber And Gums

Imports into Pakistan

In 2022, purchases abroad of natural rubber and gums decreased by -16.7% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 75%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, natural rubber and gum imports contracted slightly to $X in 2022. In general, imports continue to indicate a perceptible curtailment. The growth pace was the most rapid in 2021 when imports increased by 53%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Thailand (X tons) constituted the largest supplier of natural rubber and gum to Pakistan, accounting for a 35% share of total imports. Moreover, natural rubber and gum imports from Thailand exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), fourfold. Malaysia (X tons) ranked third in terms of total imports with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Thailand stood at -4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+46.9% per year) and Malaysia (-18.1% per year).

In value terms, Thailand ($X) constituted the largest supplier of natural rubber and gums to Pakistan, comprising 36% of total imports. The second position in the ranking was held by Vietnam ($X), with an 8.8% share of total imports. It was followed by Malaysia, with a 3.7% share.

From 2012 to 2022, the average annual growth rate of value from Thailand stood at -7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+42.2% per year) and Malaysia (-20.4% per year).

Import Prices by Country

The average natural rubber and gum import price stood at $X per ton in 2022, picking up by 17% against the previous year. In general, the import price, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 85%. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Sri Lanka ($X per ton) and Thailand ($X per ton), while the price for Malaysia ($X per ton) and Vietnam ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (-0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for natural rubber and gums in the world?

The countries with the highest volumes of natural rubber and gum consumption in 2021 were Thailand, Indonesia and China, with a combined 56% share of global consumption. Vietnam, India, Malaysia and Cote d'Ivoire lagged somewhat behind, together accounting for a further 26%.

What are the largest producers of natural rubber and gums in the world?

The countries with the highest volumes of natural rubber and gum production in 2021 were Thailand, Indonesia and Vietnam, together comprising 63% of global production. India, Cote d'Ivoire, China, Malaysia and the Philippines lagged somewhat behind, together accounting for a further 24%.

What are the leading suppliers of natural rubber and gums to Pakistan?

In value terms, Thailand constituted the largest supplier of natural rubber and gum to Pakistan, comprising 78% of total imports. The second position in the ranking was occupied by Vietnam, with a 10% share of total imports.

What are the leading importers of natural rubber and gums from Pakistan?

In value terms, the United Arab Emirates remains the key foreign market for natural rubber and gum exports from Pakistan, comprising 82% of total exports. The second position in the ranking was occupied by Italy $855), with an 11% share of total exports. It was followed by the UK, with a 4.5% share.

What is the average export price for natural rubber and gums in Pakistan?

The average natural rubber and gum export price stood at $2,500 per ton in 2021, therefore, remained relatively stable against the previous year.

What is the average import price for natural rubber and gums in Pakistan?

In 2021, the average natural rubber and gum import price amounted to $1,523 per ton, approximately equating the previous year.

This report provides an in-depth analysis of the market for natural rubber and gum 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:

FCL 836 - Natural 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:

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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
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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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, HARVESTED AREA AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023