Key Market Indicators
Pakistan's exports of natural rubber fell 1.7% in 2021, to $15.45 million from $15.72 million the year before. Since 2009, supply has dropped 22.1%, making Pakistan the 76th biggest exporter of the commodity. Iceland was just ahead with $15.45 million, while Indonesia, Ivory Coast and Malaysia were the top three exporters. Meanwhile, Pakistani imports of natural rubber are projected to reach $96.25 million in 2026, up 1.6% on average year-on-year from $87.71 million in 2021. Since 2008, demand has risen 8.1% annually. Pakistan was the 24th largest importer of the commodity in 2021, with Iran just ahead at $87.71 million. The United States, Malaysia and Japan were the top three importers.
Pakistan Natural Rubber Market Data and Forecasts
How much will Pakistan Natural Rubber Market grow?More in Natural Rubber Industry for 2027
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In the global industrial commodities landscape, the natural rubber sector maintains a substantial position, driven primarily by its use in the automobile industry. Environmental factors, price volatility and shifts in producer-consumer dynamics remain critical influencers. Despite market disruptions, notably China's economic slowdown and trade tensions, the sector shows resilience.Read more
The nitrile butadiene rubber (NBR) market forms a critical part of the larger chemical industry. Manufactured from acrylonitrile and butadiene, NBR is a type of synthetic rubber widely known for its excellent resistance to oils, fuels, and other chemicals. It holds an indispensable role across multiple sectors including the automotive,...Read more
The global market is witnessing an upswing in the demand for natural rubber, attributed significantly to the rise in the automobile industry and the industrial sector. This key material ensures superior quality and performance in a wide range of applications. However, market fluctuations due to unpredictable weather conditions and governmental...Read more