Market movement
In 2024, rubber: waste, parings and scrap of rubber (other than hard rubber) and powders and granules obtained therefrom trade exhibited strong growth, with global flows reaching $439,900,251 and a three-year compound annual growth rate of +16.1% (five-year: +10.6%). The all-time peak of $439,900,251 was recorded in 2024.
Over the 30-year observation window (1995–2024), 66% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is strengthening (+10.7% acceleration).
The World Trade Flows Characterization classifies rubber: waste, parings and scrap of rubber (other than hard rubber) and powders and granules obtained therefrom as "One-way trade" in the high price range price segment, providing additional context for market positioning and competitive dynamics.
