Market movement
In 2024, rubber: unvulcanised, (compounded other than with carbon black or silica), in plates, sheets and strip trade exhibited significant decline, with global flows reaching $1,245,155,377 and a three-year compound annual growth rate of -0.9% (five-year: +0.6%). The all-time peak of $3,183,759,871 was recorded in 2013; the current level is 61% below that high-water mark.
Over the 30-year observation window (1995–2024), 69% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is strengthening (+7.8% acceleration).
The World Trade Flows Characterization classifies rubber: unvulcanised, (compounded other than with carbon black or silica), in plates, sheets and strip as "One-way trade" in the low price range price segment, providing additional context for market positioning and competitive dynamics.
