Pakistan: Market for Vulcanised Cellular Rubber Articles For Technical Uses 2025

Market Size for Vulcanised Cellular Rubber Articles For Technical Uses in Pakistan

The Pakistani vulcanised cellular rubber articles market rose remarkably to $X in 2021, growing by 8.3% 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, showed a resilient expansion. Vulcanised cellular rubber articles consumption peaked in 2021 and is likely to continue growth in the near future.

Exports of Vulcanised Cellular Rubber Articles For Technical Uses

Exports from Pakistan

In 2021, exports of vulcanised cellular rubber articles for technical uses from Pakistan skyrocketed to X tons, growing by 66% against the previous year. Over the period under review, exports, however, showed a perceptible downturn. The pace of growth appeared the most rapid in 2018 with an increase of 286% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, vulcanised cellular rubber articles exports soared to $X in 2021. In general, exports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2018 when exports increased by 171% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for vulcanised cellular rubber articles exports from Pakistan, accounting for a 61% share of total exports. Moreover, vulcanised cellular rubber articles exports to the United Arab Emirates exceeded the volume sent to the second major destination, the United States (X tons), fourfold. The third position in this ranking was held by Germany (X tons), with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to +35.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+32.9% per year) and Germany (+47.4% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for vulcanised cellular rubber articles for technical uses exports from Pakistan, comprising 65% of total exports. The second position in the ranking was taken by the United States ($X), with a 16% share of total exports. It was followed by Saudi Arabia, with a 5.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates totaled +32.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+26.4% per year) and Saudi Arabia (+25.2% per year).

Export Prices by Country

In 2021, the average vulcanised cellular rubber articles export price amounted to $X per ton, increasing by 17% against the previous year. Overall, the export price, however, saw a perceptible curtailment. The growth pace was the most rapid in 2019 an increase of 36%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, the highest price was recorded for prices to the United Arab Emirates ($X per ton) and Saudi Arabia ($X per ton), while the average price for exports to Spain ($X per ton) and Australia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+2.5%), while the prices for the other major destinations experienced a decline.

Imports of Vulcanised Cellular Rubber Articles For Technical Uses

Imports into Pakistan

In 2021, purchases abroad of vulcanised cellular rubber articles for technical uses decreased by -1.5% to X tons for the first time since 2013, thus ending a seven-year rising trend. Over the period under review, imports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2017 with an increase of 49%. Over the period under review, imports attained the peak figure at X tons in 2020, and then fell slightly in the following year.

In value terms, vulcanised cellular rubber articles imports skyrocketed to $X in 2021. Overall, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2014 when imports increased by 37% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of vulcanised cellular rubber articles to Pakistan, with a 74% share of total imports. Moreover, vulcanised cellular rubber articles imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), more than tenfold. The third position in this ranking was held by Japan (X tons), with a 4.5% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +10.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+20.9% per year) and Japan (+41.9% per year).

In value terms, China ($X) constituted the largest supplier of vulcanised cellular rubber articles for technical uses to Pakistan, comprising 72% of total imports. The second position in the ranking was taken by Japan ($X), with a 4.4% share of total imports. It was followed by the United Arab Emirates, with a 4.1% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +11.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+39.6% per year) and the United Arab Emirates (+22.3% per year).

Import Prices by Country

In 2021, the average vulcanised cellular rubber articles import price amounted to $X per ton, picking up by 17% against the previous year. Overall, the import price saw a relatively flat trend pattern. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Turkey ($X per ton), while the price for the United Arab Emirates ($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) (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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