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Reclaimed Rubber Market

Reclaimed rubber market: discover new information enhanced by an Ai-driven business intelligence tool. Statistics include exports, market prices, consumption, production, imports, market size, companies, and trade. Here is a breakdown by region, including China, EU, the U.S., Africa, the U.K., the Middle East, Russia, and Latin America. Market trends and forecast to 2030 are also provided in the reports.

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Reclaimed Rubber - World's Largest Markets

Rating	Country
1	China
2	United States
3	India
4	Turkey
5	Italy

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by India.

In China, the reclaimed rubber market expanded at an average annual rate of +1.8% over the period from 2018-2020. In the other countries, the average annual rates were as follows: the United States (+0.3% per year) and India (+2.1% per year).

Reclaimed Rubber Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Belarus	214	189	169	-11.1%
Croatia	203	178	222	4.6%
Thailand	633	687	359	-24.7%
United States	552	530	524	-2.6%
Malaysia	667	637	617	-3.8%
Canada	684	708	705	1.5%
India	794	809	799	0.3%
Netherlands	957	873	836	-6.5%
Germany	996	1007	840	-8.2%
China	827	882	846	1.1%
Czech Republic	827	1044	1113	16.0%
Average	753	762	688	-4.4%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the Czech Republic ($1,113 per ton), while Belarus ($169 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Japan	984	1000	965	-1.0%
South Korea	548	703	925	29.9%
Thailand	727	963	828	6.7%
United States	806	800	790	-1.0%
Vietnam	831	892	759	-4.4%
China	723	707	669	-3.8%
Indonesia	618	600	637	1.5%
Czech Republic	502	553	617	10.9%
Canada	515	533	611	8.9%
Sri Lanka	588	576	565	-2.0%
Russia	756	551	387	-28.5%
Average	741	740	759	1.2%

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($965 per ton), while Russia ($387 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the other global leaders experienced more modest paces of growth.

Reclaimed Rubber - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
China	72	81	68	-2.3%
United States	52	59	65	11.3%
South Korea	23	20	13	-25.4%
Thailand	12	12	11	-3.1%
Canada	11	13	9.6	-6.6%

In value terms, China ($68M), the United States ($65M) and South Korea ($13M) appeared to be the countries with the highest levels of imports in 2020, with a combined 47% share of global imports.

The United States recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced a decline in the imports figures.

Reclaimed Rubber - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
China	107	96	89	-8.9%
India	88	87	56	-20.1%
Canada	33	43	45	16.4%
United States	21	28	22	2.6%
Netherlands	28	17	19	-18.2%

In value terms, the largest reclaimed rubber supplying countries worldwide were China ($89M), India ($56M) and Canada ($45M), with a combined 57% share of global exports.

Among the main exporting countries, Canada recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Reclaimed Rubber - Market Forecast

Driven by rising demand for reclaimed rubber worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.