India - Unvulcanized Rubber - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

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

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Unvulcanized Rubber Price in India - 2023

Contents:

  1. Unvulcanized Rubber Price in India (CIF) - 2023
  2. Unvulcanized Rubber Price in India (FOB) - 2023
  3. Unvulcanized Rubber Imports in India
  4. Unvulcanized Rubber Exports in India

Unvulcanized Rubber Price in India (CIF) - 2023

The average unvulcanized rubber import price stood at $1,747 per ton in September 2023, approximately equating the previous month. In general, the import price continues to indicate a mild contraction. The pace of growth was the most pronounced in May 2023 when the average import price increased by 10% m-o-m. Over the period under review, average import prices hit record highs at $2,038 per ton in September 2022; however, from October 2022 to September 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($5,052 per ton), while the price for Canada ($427 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Unvulcanized Rubber Price in India (FOB) - 2023

In September 2023, the average unvulcanized rubber export price amounted to $3,177 per ton, remaining stable against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 12% against the previous month. The export price peaked at $3,592 per ton in October 2022; however, from November 2022 to September 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($4,707 per ton), while the average price for exports to Israel ($1,796 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.7%), while the prices for the other major destinations experienced more modest paces of growth.

Unvulcanized Rubber Imports in India

In 2022, approx. 148K tons of unvulcanized rubber and articles thereof were imported into India; jumping by 21% on 2021 figures. The total import volume increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, unvulcanized rubber imports soared to $304M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.7% 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 +60.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 32%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Import of Unvulcanized Rubber in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand72.856.274.092.68.3%
Malaysia30.939.354.561.926.1%
United States21.417.322.828.19.5%
South Korea14.314.215.216.65.1%
Germany15.212.316.615.71.1%
Indonesia1.23.910.912.4117.8%
China7.310.69.612.118.3%
Italy8.67.711.711.08.6%
Belgium3.53.85.07.629.5%
Japan5.84.26.26.01.1%
Canada5.14.21.55.73.8%
Netherlands3.01.10.82.1-11.2%
Others23.514.321.632.010.8%
Total21218925030412.8%

Top Suppliers of Unvulcanized Rubber to India in 2022:

  1. Thailand (39.7K tons)
  2. United States (31.9K tons)
  3. Malaysia (31.6K tons)
  4. Canada (7.9K tons)
  5. Indonesia (5.7K tons)
  6. China (4.3K tons)
  7. South Korea (3.7K tons)
  8. Belgium (3.4K tons)
  9. Germany (3.1K tons)
  10. Italy (2.3K tons)
  11. Japan (1.8K tons)
  12. Netherlands (1.7K tons)

Unvulcanized Rubber Exports in India

In 2022, unvulcanized rubber exports from India reached 56K tons, rising by 1.7% compared with the year before. The total export volume increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 31%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, unvulcanized rubber exports reached $187M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 37% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Unvulcanized Rubber in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States34.534.746.743.27.8%
Netherlands3.83.88.08.832.3%
Turkey3.23.45.07.331.6%
Israel1.74.22.97.161.0%
Australia4.24.05.36.817.4%
Nepal6.54.56.66.71.0%
United Arab Emirates4.84.74.66.39.5%
Germany4.45.16.86.111.5%
United Kingdom4.54.98.36.010.1%
South Africa3.33.45.05.921.4%
France3.33.06.55.518.6%
Sri Lanka2.22.03.63.921.0%
Kenya3.23.63.13.53.0%
Others57.754.072.370.26.8%
Total13713518518710.9%

Top Export Markets for Unvulcanized Rubber from India in 2022:

  1. United States (9.3K tons)
  2. Netherlands (3.6K tons)
  3. Israel (3.2K tons)
  4. United Arab Emirates (3.1K tons)
  5. Nepal (2.8K tons)
  6. Turkey (2.4K tons)
  7. France (1.9K tons)
  8. United Kingdom (1.8K tons)
  9. Australia (1.6K tons)
  10. South Africa (1.5K tons)
  11. Germany (1.5K tons)
  12. Sri Lanka (1.5K tons)
  13. Kenya (1.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the unvulcanized rubber market in India. 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:

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • 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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