Report Update: Apr 1, 2024

Pakistan - Unvulcanized Rubber - Market Analysis, Forecast, Size, Trends And Insights

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Unvulcanized Rubber Price in Pakistan - 2023

Unvulcanized Rubber Price in Pakistan (CIF) - 2023

In April 2023, the average unvulcanized rubber import price amounted to $2,113 per ton, rising by 15% against the previous month. Overall, the import price recorded a tangible expansion. The most prominent rate of growth was recorded in August 2022 an increase of 52% m-o-m. The import price peaked at $3,104 per ton in October 2022; however, from November 2022 to April 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($5,414 per ton), while the price for Turkey ($1,121 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by China (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Unvulcanized Rubber Price in Pakistan (FOB) - 2022

In 2022, the average unvulcanized rubber export price amounted to $3,361 per ton, which is down by -36% against the previous year. Overall, the export price, however, showed a noticeable expansion. The growth pace was the most rapid in 2021 an increase of 89%. As a result, the export price reached the peak level of $5,252 per ton, and then declined significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($17,750 per ton), while the average price for exports to Germany ($2,425 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 States (+28.6%), while the prices for the other major destinations experienced more modest paces of growth.

Unvulcanized Rubber Imports in Pakistan

In 2022, imports of unvulcanized rubber and articles thereof into Pakistan soared to 11K tons, rising by 51% on 2021. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 105% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, unvulcanized rubber imports rose significantly to $17M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 47% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Unvulcanized Rubber in Pakistan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	3.7	3.0	4.2	5.2	12.0%
Thailand	3.3	2.9	4.1	3.8	4.8%
Italy	1.9	1.9	1.8	2.9	15.1%
United Arab Emirates	0.3	0.5	1.0	1.0	49.4%
Germany	0.5	0.2	1.0	1.0	26.0%
Oman	0.1	0.1	0.4	0.6	81.7%
Vietnam	0.3	0.2	0.5	0.5	18.6%
Others	2.5	1.7	2.3	2.4	-1.4%
Total	12.6	10.5	15.4	17.5	11.6%

Top Suppliers of Unvulcanized Rubber to Pakistan in 2022:

China (6.0K tons)
Italy (1.8K tons)
Thailand (1.3K tons)
Oman (0.3K tons)
United Arab Emirates (0.2K tons)
Vietnam (0.2K tons)
Germany (0.2K tons)

Unvulcanized Rubber Exports in Pakistan

In 2022, after three years of growth, there was significant decline in shipments abroad of unvulcanized rubber and articles thereof, when their volume decreased by -5.9% to 17 tons. The total export volume increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 22% against the previous year. As a result, the exports attained the peak of 18 tons, and then declined in the following year.

In value terms, unvulcanized rubber exports shrank sharply to $58K in 2022. Overall, exports, however, recorded a remarkable increase. The growth pace was the most rapid in 2021 when exports increased by 131% against the previous year. As a result, the exports attained the peak of $97K, and then declined sharply in the following year.

Export of Unvulcanized Rubber in Pakistan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Saudi Arabia	8.8	19.4	16.8	27.3	45.8%
Germany	0.9	0.3	7.9	8.5	111.4%
South Africa	3.7	N/A	1.9	7.8	28.2%
United Arab Emirates	0.6	1.2	3.3	6.0	115.4%
Sri Lanka	1.4	3.3	5.2	4.6	48.7%
Oman	1.1	1.1	0.2	1.0	-3.1%
Hong Kong SAR	8.4	N/A	N/A	N/A	0%
New Zealand	1.8	N/A	N/A	N/A	0%
Argentina	15.1	N/A	31.7	N/A	44.9%
Afghanistan	N/A	3.7	2.6	N/A	-29.7%
Others	6.6	13.0	27.2	3.0	-23.1%
Total	48.4	41.9	96.9	58.3	6.4%

Top Export Markets for Unvulcanized Rubber from Pakistan in 2022:

Saudi Arabia (8.5 tons)
Germany (3.5 tons)
South Africa (2.5 tons)
United Arab Emirates (1.3 tons)
Sri Lanka (1.0 tons)
Oman (0.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the unvulcanized 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 22192013 - Rubber compounded with carbon black or silica, unvulcanised
Prodcom 22192019 - Other compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip
Prodcom 22192030 - Forms and articles of unvulcanised rubber (including rods, t ubes, profile shapes, discs and rings) (excluding camel-back, s trips for retreading tyres)
Prodcom 22192050 - Vulcanised rubber thread and cord
Prodcom 22192070 - Plates, sheets and strip of vulcanised rubber
Prodcom 22192083 - Extruded rods and profile shapes of cellular vulcanised rubber
Prodcom 22192085 - Plates, sheets, strips for floor covering of solid vulcanised rubber
Prodcom 22192087 - Extruded solid rubber rods and profiles

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