Report Update: Apr 1, 2024

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

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Price for Natural Rubber and Gum in Pakistan - 2023

Price for Natural Rubber and Gum in Pakistan (CIF) - 2023

In February 2023, the average natural rubber and gum import price amounted to $1,428 per ton, with a decrease of -25.9% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 an increase of 47% month-to-month. Over the period under review, average import prices reached the maximum at $2,476 per ton in October 2022; however, from November 2022 to February 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In February 2023, the countries with the highest prices were Malaysia ($1,509 per ton) and Thailand ($1,458 per ton), while the price for Vietnam ($1,239 per ton) and Sri Lanka ($1,352 per ton) were amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Malaysia (-0.2%), while the prices for the other major suppliers experienced a decline.

Price for Natural Rubber and Gum in Pakistan (FOB) - 2022

The average natural rubber and gum export price stood at $2,470 per ton in 2022, growing by 88% against the previous year. Overall, the export price, however, recorded a slight reduction. The most prominent rate of growth was recorded in 2017 an increase of 136%. The export price peaked at $2,914 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 ($2,770 per ton), while the average price for exports to the UK ($1,184 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 Gum in Pakistan

In 2022, supplies from abroad of natural rubber and gums decreased by -16.7% to 15K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 75%. As a result, imports attained the peak of 18K tons, and then contracted notably in the following year.

In value terms, natural rubber and gum imports shrank modestly to $27M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 53%. As a result, imports reached the peak of $28M, and then fell slightly in the following year.

Import of Natural Rubber and Gum in Pakistan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Thailand	18.1	13.5	10.3	9.8	-18.5%
Vietnam	1.6	2.6	2.5	2.4	14.5%
Malaysia	2.5	1.6	1.1	1.1	-23.9%
Others	0.6	0.3	13.9	13.8	184.4%
Total	22.8	18.1	27.8	27.1	5.9%

Top Suppliers of Natural Rubber and Gum to Pakistan in 2022:

Thailand (5.8K tons)
Vietnam (1.3K tons)
Malaysia (0.4K tons)

Exports of Natural Rubber and Gum in Pakistan

In 2022, shipments abroad of natural rubber and gums increased by 243% to 4.1 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, natural rubber and gum exports skyrocketed to $10K in 2022. Overall, exports recorded a pronounced increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Natural Rubber and Gum in Pakistan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	3.5	7.2	1.3	3.5	0.0%
Germany	N/A	N/A	N/A	3.1	0%
United Kingdom	0.2	0.2	0.1	0.2	0.0%
Uzbekistan	4.6	N/A	N/A	N/A	0%
Italy	N/A	N/A	0.2	N/A	0%
Afghanistan	N/A	N/A	N/A	N/A	0%
Others	1.2	0.1	N/A	3.3	40.1%
Total	9.5	7.6	1.6	10.1	2.1%

Top Export Markets for Natural Rubber and Gum from Pakistan in 2022:

United Arab Emirates (1.7 tons)
Germany (1.1 tons)
United Kingdom (0.2 tons)

Source: IndexBox Market Intelligence Platform

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:

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. 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