In 2023, China led the global export market for reclaimed rubber in primary forms or sheets, holding a dominant position with exports valued at $96.3 million. India followed with $66.51 million, showing robust growth from previous years. Canada, at $23.14 million, has seen steady increases, along with the Netherlands and Malaysia. The United States, Germany, Belgium, France, and Indonesia also feature as notable players, though they trail behind the leaders. Over the past five years, the compound annual growth rate has shown positive trends, though with varying degrees across countries due to market dynamics and resource availability.
Future trends to watch include China's continued expansion due to increasing demand and advancements in recycling technologies. India's growth trajectory suggests potential to close the gap with China, supported by government incentives and sustainable practices. Emerging markets may also start to impact global rankings as recycling becomes a global priority, and economic conditions evolve.
Top countries in Top Exporters of Reclaimed Rubber in Primary Forms or in Sheets
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 China | 96.3 | 2016 | |
| 2 | 2 India | 66.51 | 2016 | |
| 3 | 3 Canada | 23.14 | 2016 | |
| 4 | 4 Netherlands | 16.18 | 2016 | |
| 5 | 5 Malaysia | 14.46 | 2016 | |
| 6 | 6 Germany | 9.3 | 2016 | |
| 7 | 7 United States | 8.99 | 2016 | |
| 8 | 8 Belgium | 6.68 | 2016 | |
| 9 | 9 France | 5.15 | 2016 | |
| 10 | 10 Indonesia | 4.86 | 2016 |