Market movement
In 2024, rubber: vulcanised (other than hard rubber), non-cellular rubber, in forms other than plates, sheets or strip trade exhibited slight decline, with global flows reaching $1,078,822,610 and a three-year compound annual growth rate of +2.0% (five-year: +1.9%). The all-time peak of $1,151,176,801 was recorded in 2011; the current level is 6% below that high-water mark.
Over the 30-year observation window (1995–2024), 66% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is steady (+1.0% acceleration).
The World Trade Flows Characterization classifies rubber: vulcanised (other than hard rubber), non-cellular rubber, in forms other than plates, sheets or strip as "Two-way vertical trade" in the low price range price segment, providing additional context for market positioning and competitive dynamics.
