Pakistan - Isoprene Rubber (IR) in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Pakistan - Isoprene Rubber (IR) in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Price for Isoprene Rubber (IR) in Primary Form in Pakistan - 2023

Contents:

  1. Price for Isoprene Rubber (IR) in Primary Form in Pakistan (CIF) - 2022
  2. Price for Isoprene Rubber (IR) in Primary Form in Pakistan (FOB) - 2022
  3. Imports of Isoprene Rubber (IR) in Primary Form in Pakistan
  4. Exports of Isoprene Rubber (IR) in Primary Form in Pakistan

Price for Isoprene Rubber (IR) in Primary Form in Pakistan (CIF) - 2022

In 2022, the average import price for isoprene rubber (IR) in primary forms amounted to $1,863 per ton, which is down by -24.6% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 39% against the previous year. As a result, import price reached the peak level of $2,469 per ton, and then declined remarkably in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($2,202 per ton) and Malaysia ($1,777 per ton), while the price for Germany ($1,603 per ton) and Japan ($1,777 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Isoprene Rubber (IR) in Primary Form in Pakistan (FOB) - 2022

In 2022, the average export price for isoprene rubber (IR) in primary forms amounted to $30,492 per ton, increasing by 927% against the previous year. Overall, the export price showed significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +25.1% per year.

Imports of Isoprene Rubber (IR) in Primary Form in Pakistan

Imports of isoprene rubber (IR) in primary forms into Pakistan shrank sharply to 1.2K tons in 2022, waning by -56.1% on the previous year's figure. Overall, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 398% against the previous year. As a result, imports reached the peak of 2.7K tons, and then shrank dramatically in the following year.

In value terms, imports of isoprene rubber (IR) in primary forms fell remarkably to $2.2M in 2022. In general, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 592% against the previous year. As a result, imports attained the peak of $6.6M, and then declined remarkably in the following year.

Import of Isoprene Rubber (IR) in Primary Form in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia15514.31841,09491.8%
Italy3491893,91955616.8%
Japan49.818.1230493114.7%
Germany25.772.142.556.730.2%
United States19.519.5107N/A134.2%
Netherlands7226091,986N/A65.9%
Others55.538.4170N/A75.0%
Total1,3779606,6382,20016.9%

Top Suppliers of Isoprene Rubber (IR) in Primary Form to Pakistan in 2022:

  1. Malaysia (615.7 tons)
  2. Japan (277.5 tons)
  3. Italy (252.7 tons)
  4. Germany (35.3 tons)

Exports of Isoprene Rubber (IR) in Primary Form in Pakistan

In 2022, after two years of growth, there was significant decline in shipments abroad of isoprene rubber (IR) in primary forms, when their volume decreased by -91.3% to 2.6 tons. Over the period under review, exports continue to indicate a sharp setback. The growth pace was the most rapid in 2021 when exports increased by 65%. As a result, the exports reached the peak of 29 tons, and then fell markedly in the following year.

In value terms, exports of isoprene rubber (IR) in primary forms dropped to $78K in 2022. Overall, total exports indicated a prominent increase from 2020 to 2022: its value increased at an average annual rate of +19.0% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year. As a result, the exports reached the peak of $87K, and then fell in the following year.

Export of Isoprene Rubber (IR) in Primary Form in Pakistan (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
NetherlandsN/AN/A77.80%
Sri Lanka11.0N/AN/A0%
Germany36.4N/AN/A0%
United Arab EmiratesN/A87.3N/A0%
Bangladesh6.4N/AN/A0%
Others1.1N/AN/A0%
Total54.987.377.819.0%

Top Export Markets for Isoprene Rubber (IR) in Primary Form from Pakistan in 2022:

  1. Netherlands (2.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for isoprene rubber (ir) in primary form 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:

    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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. 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
    12. 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
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