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

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

In 2021, the Southeast Asian rubber-to-metal and moulded article market decreased by -2.2% to $X, falling for the second year in a row after five years of growth. The market value increased at an average annual rate of +3.0% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

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

In value terms, rubber-to-metal and moulded article production reduced modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.5% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the production volume increased by 13% against the previous year. The level of production peaked at $X in 2020, and then shrank slightly in the following year.

Exports of Rubber-to-Metal and Moulded Articles

Exports in South-Eastern Asia

In 2021, rubber-to-metal and moulded article exports in South-Eastern Asia skyrocketed to X tons, increasing by 22% compared with 2020 figures. The total export volume increased at an average annual rate of +1.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, rubber-to-metal and moulded article exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a perceptible reduction. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Thailand (X tons) represented the major exporter of rubber-to-metal and moulded articles, creating 58% of total exports. Malaysia (X tons) ranks second in terms of the total exports with a 16% share, followed by Singapore (9.1%) and Vietnam (9%). Indonesia (X tons) and the Philippines (X tons) held a relatively small share of total exports.

Thailand experienced a relatively flat trend pattern with regard to volume of exports of rubber-to-metal and moulded articles. At the same time, Singapore (+6.4%), Indonesia (+2.9%), Malaysia (+2.3%) and the Philippines (+1.2%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +6.4% from 2012-2021. Vietnam experienced a relatively flat trend pattern. From 2012 to 2021, the share of Singapore increased by +3.3 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X), Vietnam ($X) and Malaysia ($X) were the countries with the highest levels of exports in 2021, together comprising 77% of total exports.

Among the main exporting countries, Singapore, with a CAGR of +9.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2021, growing by 4.8% against the previous year. In general, the export price, however, showed a deep slump. The most prominent rate of growth was recorded in 2015 when the export price increased by 25% against the previous year. The level of export peaked at $X per ton in 2017; however, from 2018 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 the Philippines ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+6.4%), while the other leaders experienced more modest paces of growth.

Imports of Rubber-to-Metal and Moulded Articles

Imports in South-Eastern Asia

In 2021, approx. X tons of rubber-to-metal and moulded articles were imported in South-Eastern Asia; jumping by 17% against the previous year's figure. The total import volume increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, rubber-to-metal and moulded article imports expanded notably to $X in 2021. Over the period under review, imports, however, saw a perceptible setback. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Thailand (X tons), distantly followed by Vietnam (X tons), Indonesia (X tons), the Philippines (X tons), Malaysia (X tons) and Singapore (X tons) were the key importers of rubber-to-metal and moulded articles, together comprising 96% of total imports. Cambodia (X tons) held a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for the Philippines (with a CAGR of +15.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest rubber-to-metal and moulded article importing markets in South-Eastern Asia were Vietnam ($X), Indonesia ($X) and Malaysia ($X), with a combined 68% share of total imports. The Philippines, Singapore and Cambodia lagged somewhat behind, together comprising a further 31%.

The Philippines, with a CAGR of +16.2%, 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 South-Eastern Asia amounted to $X per ton, waning by -5% against the previous year. In general, the import price recorded a deep reduction. The pace of growth appeared the most rapid in 2017 when the import price increased by 4.4% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Singapore ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+1.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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