Report Update Nov 1, 2024

Pakistan - Reclaimed Rubber - Market Analysis, Forecast, Size, Trends and Insights

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Pakistan: Reclaimed Rubber Market 2024

Reclaimed Rubber Market Size in Pakistan

The Pakistani reclaimed rubber market fell to $X in 2021, waning by -7.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded a abrupt decline. Reclaimed rubber consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Reclaimed Rubber Exports

Exports from Pakistan

In 2021, overseas shipments of reclaimed rubber increased by 56% to X tons, rising for the fourth year in a row after four years of decline. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 7,479%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, reclaimed rubber exports skyrocketed to $X in 2021. In general, exports showed a significant increase. The growth pace was the most rapid in 2019 when exports increased by 4,122%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in years to come.

Exports by Country

Qatar (X tons), Kuwait (X tons) and the United Arab Emirates (X tons) were the main destinations of reclaimed rubber exports from Pakistan, together accounting for 90% of total exports.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +125.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) remains the key foreign market for reclaimed rubber exports from Pakistan, comprising 58% of total exports. The second position in the ranking was taken by Kuwait ($X), with a 22% share of total exports. It was followed by Qatar, with a 15% share.

From 2012 to 2021, the average annual growth rate of value to Norway amounted to +52.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+72.2% per year) and Qatar (+50.1% per year).

Export Prices by Country

In 2021, the average reclaimed rubber export price amounted to $X per ton, reducing by -4% against the previous year. Overall, the export price showed a abrupt slump. The growth pace was the most rapid in 2015 an increase of 492%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Saudi Arabia ($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 Norway (-5.1%), while the prices for the other major destinations experienced a decline.

Reclaimed Rubber Imports

Imports into Pakistan

In 2021, supplies from abroad of reclaimed rubber increased by 8.1% to X tons, rising for the second consecutive year after five years of decline. In general, imports, however, continue to indicate a deep downturn. The growth pace was the most rapid in 2020 when imports increased by 31%. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, reclaimed rubber imports fell to $X in 2021. Overall, imports, however, showed a noticeable setback. The pace of growth appeared the most rapid in 2017 with an increase of 31% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Malaysia (X tons), China (X tons) and India (X tons) were the main suppliers of reclaimed rubber imports to Pakistan, with a combined 64% share of total imports. These countries were followed by Qatar, Iran, the United Arab Emirates and Bangladesh, which together accounted for a further 22%.

From 2012 to 2021, the biggest increases were recorded for Qatar (with a CAGR of +39.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Malaysia ($X) and Qatar ($X) constituted the largest reclaimed rubber suppliers to Pakistan, together comprising 76% of total imports.

Among the main suppliers, Qatar, with a CAGR of +35.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average reclaimed rubber import price amounted to $X per ton, shrinking by -16.4% against the previous year. Overall, the import price, however, saw noticeable growth. The most prominent rate of growth was recorded in 2015 an increase of 58% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($X per ton), while the price for Bangladesh ($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 (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for reclaimed rubber in the world?

The country with the largest volume of reclaimed rubber consumption was China, accounting for 21% of total volume. Moreover, reclaimed rubber consumption in China exceeded the figures recorded by the second-largest consumer, the U.S., twofold. The third position in this ranking was occupied by India, with a 8.5% share.

What are the largest producers of reclaimed rubber in the world?

The countries with the highest volumes of reclaimed rubber production in 2020 were China, India and the U.S., together comprising 38% of global production. Canada, Japan, the UK, Russia, Thailand, Brazil, Indonesia, France, Turkey and Malaysia lagged somewhat behind, together accounting for a further 33%.

What are the leading suppliers of reclaimed rubber to Pakistan?

In value terms, the largest reclaimed rubber suppliers to Pakistan were Qatar, China and Malaysia, together comprising 84% of total imports.

What is the average export price for reclaimed rubber in Pakistan?

The average reclaimed rubber export price stood at $968 per ton in 2020, dropping by -28.4% against the previous year.

What is the average import price for reclaimed rubber in Pakistan?

In 2020, the average reclaimed rubber import price amounted to $1,294 per ton, rising by 93% against the previous year.

This report provides an in-depth analysis of the reclaimed rubber 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 22191000 - Reclaimed rubber in primary forms or in plates, sheets or strips

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