Reclaimed Rubber Market in Indonesia
Market Overview
The Indonesian reclaimed rubber market shrank to $
in , falling by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a perceptible increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Reclaimed rubber consumption peaked at $ in , and then fell in the following year.
In value terms, reclaimed rubber production reduced modestly to $ in estimated in export price. Over the period under review, production enjoyed a pronounced expansion. The pace of growth was the most pronounced in 2010 when the production volume increased by % against the previous year. Over the period under review, production hit record highs at $ in 2019; however, from to , production remained at a lower figure.
in , falling by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a perceptible increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Reclaimed rubber consumption peaked at $ in , and then fell in the following year.In value terms, reclaimed rubber production reduced modestly to $
in estimated in export price. Over the period under review, production enjoyed a pronounced expansion. The pace of growth was the most pronounced in 2010 when the production volume increased by % against the previous year. Over the period under review, production hit record highs at $ in 2019; however, from to , production remained at a lower figure.Consumption
In , after three years of growth, there was significant decline in consumption of reclaimed rubber, when its volume decreased by -% to tons. In general, consumption, however, saw a moderate expansion. Over the period under review, consumption reached the maximum volume at tons in , and then declined in the following year.
The size of the reclaimed rubber market in Indonesia declined to $ in , shrinking by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a temperate increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $ in , and then contracted in the following year.
, after three years of growth, there was significant decline in consumption of reclaimed rubber, when its volume decreased by -% to tons. In general, consumption, however, saw a moderate expansion. Over the period under review, consumption reached the maximum volume at tons in , and then declined in the following year.The size of the reclaimed rubber market in Indonesia declined to $
in , shrinking by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a temperate increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $ in , and then contracted in the following year.Market Forecast
Driven by increasing demand for reclaimed rubber in Indonesia, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.Trade Balance
Indonesia remains a net exporter of reclaimed rubber; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a trade surplus of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
. In , there was a trade surplus of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
Download XLSX
Download all the data in the form of a report