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

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

In 2021, after six years of growth, there was decline in the South Asian rubber-to-metal and moulded article market, when its value decreased by -0.6% to $X. The total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +55.6% against 2012 indices. The level of consumption peaked at $X in 2020, and then contracted modestly in the following year.

Production of Rubber-to-Metal and Moulded Articles in Southern Asia

In value terms, rubber-to-metal and moulded article production shrank to $X in 2021 estimated in export price. The total production indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +60.3% against 2012 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by 11% against the previous year. The level of production peaked at $X in 2020, and then declined in the following year.

Exports of Rubber-to-Metal and Moulded Articles

Exports in Southern Asia

In 2021, shipments abroad of rubber-to-metal and moulded articles was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. The total export volume increased at an average annual rate of +1.1% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, rubber-to-metal and moulded article exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +4.6% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

India represented the key exporting country with an export of about X tons, which finished at 80% of total exports. It was distantly followed by Sri Lanka (X tons), generating a 19% share of total exports.

India experienced a relatively flat trend pattern with regard to volume of exports of rubber-to-metal and moulded articles. At the same time, Sri Lanka (+2.6%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +2.6% from 2012-2021. While the share of Sri Lanka (+2.4 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of India (-2.7 p.p.) displayed negative dynamics.

In value terms, India ($X) remains the largest rubber-to-metal and moulded article supplier in Southern Asia, comprising 86% of total exports. The second position in the ranking was held by Sri Lanka ($X), with a 13% share of total exports.

From 2012 to 2021, the average annual growth rate of value in India totaled +5.1%.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, increasing by 7.1% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.4%. The pace of growth appeared the most rapid in 2019 when the export price increased by 9.2% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per ton), while Sri Lanka stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+4.3%).

Imports of Rubber-to-Metal and Moulded Articles

Imports in Southern Asia

In 2021, supplies from abroad of rubber-to-metal and moulded articles was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Total imports indicated a mild expansion from 2012 to 2021: its volume increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, 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 surged to $X in 2021. The total import value increased at an average annual rate of +2.9% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, India (X tons) was the largest importer of rubber-to-metal and moulded articles, mixing up 77% of total imports. Bangladesh (X tons) held the second position in the ranking, followed by Sri Lanka (X tons). All these countries together held near 17% share of total imports. Pakistan (X tons) followed a long way behind the leaders.

India experienced a relatively flat trend pattern with regard to volume of imports of rubber-to-metal and moulded articles. At the same time, Bangladesh (+17.7%) and Sri Lanka (+8.2%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +17.7% from 2012-2021. By contrast, Pakistan (-1.4%) illustrated a downward trend over the same period. Bangladesh (+8.7 p.p.) and Sri Lanka (+2.4 p.p.) significantly strengthened its position in terms of the total imports, while India saw its share reduced by -10.8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported rubber-to-metal and moulded articles in Southern Asia, comprising 82% of total imports. The second position in the ranking was held by Bangladesh ($X), with an 8% share of total imports. It was followed by Pakistan, with a 5.5% share.

In India, rubber-to-metal and moulded article imports increased at an average annual rate of +2.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Bangladesh (+17.5% per year) and Pakistan (+2.3% per year).

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, which is down by -13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2013 when the import price increased by 28%. The level of import peaked at $X per ton in 2016; however, from 2017 to 2021, 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 Pakistan ($X per ton), while Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+3.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :