Pakistan - Synthetic Rubber (Excluding Latex) - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Synthetic Rubber (Excluding Latex) in Pakistan - 2023
Contents:
- Price for Synthetic Rubber (Excluding Latex) in Pakistan (CIF) - 2023
- Price for Synthetic Rubber (Excluding Latex) in Pakistan (FOB) - 2022
- Imports of Synthetic Rubber (Excluding Latex) in Pakistan
- Exports of Synthetic Rubber (Excluding Latex) in Pakistan
Price for Synthetic Rubber (Excluding Latex) in Pakistan (CIF) - 2023
In April 2023, the average synthetic rubber (excluding latex) import price amounted to $1,105 per ton, with a decrease of -17% against the previous month. Over the period under review, the import price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 20% m-o-m. As a result, import price reached the peak level of $2,428 per ton. From October 2022 to April 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In April 2023, the country with the highest price was Japan ($2,822 per ton), while the price for Taiwan (Chinese) ($971 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 Japan (+1.7%), while the prices for the other major suppliers experienced a decline.
Price for Synthetic Rubber (Excluding Latex) in Pakistan (FOB) - 2022
In 2021, the average synthetic rubber (excluding latex) export price amounted to $693 per ton, with a decrease of -52.3% against the previous year. Over the period under review, the export price showed a drastic downturn. The pace of growth was the most pronounced in 2015 when the average export price increased by 779% against the previous year. As a result, the export price attained the peak level of $8,842 per ton. From 2016 to 2021, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Afghanistan.
From 2012 to 2021, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +582.7% per year.
Imports of Synthetic Rubber (Excluding Latex) in Pakistan
In 2022, after three years of growth, there was significant decline in overseas purchases of synthetic rubber (excluding latex), when their volume decreased by -42% to 28K tons. Overall, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by 23%.
In value terms, synthetic rubber (excluding latex) imports fell notably to $62M in 2022. In general, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 16%. As a result, imports attained the peak of $95M, and then reduced rapidly in the following year.
| Import of Synthetic Rubber (Excluding Latex) in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Russia | 21.9 | 30.4 | 33.8 | 24.2% | |
| China | 6.8 | 6.6 | 21.2 | 76.6% | |
| South Korea | 13.7 | 14.5 | 9.0 | -18.9% | |
| Taiwan (Chinese) | 3.7 | 3.9 | 5.5 | 21.9% | |
| United Arab Emirates | 1.1 | 0.9 | 4.3 | 97.7% | |
| Japan | 5.4 | 4.1 | 3.7 | -17.2% | |
| Iran | 2.8 | 2.9 | 3.0 | 3.5% | |
| Germany | 0.4 | 1.3 | 2.6 | 155.0% | |
| United States | 1.5 | 2.1 | 2.3 | 23.8% | |
| Singapore | 3.0 | 1.4 | 2.0 | -18.4% | |
| Brazil | 1.4 | 3.4 | 1.7 | 10.2% | |
| Indonesia | N/A | 2.5 | 1.7 | -32.0% | |
| India | 7.9 | N/A | N/A | 0% | |
| Others | 6.5 | 7.7 | 4.3 | -18.7% | |
| Total | 75.9 | 81.7 | 95.1 | 11.9% | |
Top Suppliers of Synthetic Rubber (Excluding Latex) to Pakistan in 2022:
- Russia (18.0K tons)
- China (10.9K tons)
- South Korea (3.9K tons)
- Taiwan (Chinese) (3.0K tons)
- United Arab Emirates (2.3K tons)
- Iran (1.7K tons)
- Japan (1.3K tons)
- Singapore (1.1K tons)
- Germany (1.1K tons)
- Brazil (0.9K tons)
- Indonesia (0.9K tons)
- United States (0.9K tons)
Exports of Synthetic Rubber (Excluding Latex) in Pakistan
Synthetic rubber (excluding latex) exports from Pakistan surged to 304 tons in 2022, jumping by 4,237% against 2021 figures. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, synthetic rubber (excluding latex) exports skyrocketed to $400K in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Synthetic Rubber (Excluding Latex) in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Afghanistan | N/A | N/A | 4.8 | 0% | |
| Nigeria | N/A | 191 | N/A | 0% | |
| United Arab Emirates | 352 | N/A | N/A | 0% | |
| Egypt | N/A | 121 | N/A | 0% | |
| Bolivia | N/A | 9.3 | N/A | 0% | |
| Others | -351.8 | -316.1 | N/A | -10.1% | |
| Total | N/A | 4.4 | 4.8 | 9.1% | |
Top Export Markets for Synthetic Rubber (Excluding Latex) from Pakistan in 2022:
- Afghanistan (7.0 tons)
This report provides an in-depth analysis of the market for synthetic rubber (excluding latex) 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 20171090 - Synthetic rubber (excluding latex)
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
227
This report provides an in-depth analysis of the market for synthetic rubber (excluding latex) in Pakistan.
522
This report provides an in-depth analysis of the synthetic rubber market in Pakistan.
162
This report provides an in-depth analysis of the market for isoprene rubber (ir) in primary form in Pakistan.
381
This report provides an in-depth analysis of the synthetic latex rubber market in Pakistan.
176
This report provides an in-depth analysis of the global market for synthetic rubber (excluding latex).
2107
This report provides an in-depth analysis of the global synthetic rubber market.
218
This report provides an in-depth analysis of the global market for isoprene rubber (ir) in primary form.
745
This report provides an in-depth analysis of the global synthetic latex rubber market.
227
This report provides an in-depth analysis of the market for synthetic rubber (excluding latex) in Pakistan.
522
This report provides an in-depth analysis of the synthetic rubber market in Pakistan.
204
Discover the top import markets for synthetic rubber (excluding latex) with key statistics and analysis. Learn about the leading countries driving the demand for synthetic rubber. Read more on IndexBox market intelligence platform.
1396
In 2016, the amount of synthetic rubber imported worldwide amounted to X tons, approximately mirroring the previous year level. The total import volume increased at an average annual rate of +X>
1351
In 2016, the amount of synthetic rubber imported worldwide amounted to X tons, approximately mirroring the previous year level. The total import volume increased at an average annual rate of +X>
331
Discover the top import markets for synthetic latex rubber and their key statistics. Malaysia, China, and Thailand lead the way, according to IndexBox data.
204
Discover the top import markets for synthetic rubber (excluding latex) with key statistics and analysis. Learn about the leading countries driving the demand for synthetic rubber. Read more on IndexBox market intelligence platform.
1396
In 2016, the amount of synthetic rubber imported worldwide amounted to X tons, approximately mirroring the previous year level. The total import volume increased at an average annual rate of +X>
1351
In 2016, the amount of synthetic rubber imported worldwide amounted to X tons, approximately mirroring the previous year level. The total import volume increased at an average annual rate of +X>
331
Discover the top import markets for synthetic latex rubber and their key statistics. Malaysia, China, and Thailand lead the way, according to IndexBox data.
