Reclaimed Rubber Market in Brazil
Market Overview
The Brazilian reclaimed rubber market dropped slightly to $
in , with a decrease of -% 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, consumption, however, showed a resilient increase. Reclaimed rubber consumption peaked at $ in , and then reduced slightly in the following year.
In value terms, reclaimed rubber production shrank to $ in estimated in export price. Over the period under review, production, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2011 with an increase of %. Over the period under review, production attained the peak level at $ in 2019; however, from to , production failed to regain momentum.
in , with a decrease of -% 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, consumption, however, showed a resilient increase. Reclaimed rubber consumption peaked at $ in , and then reduced slightly in the following year.In value terms, reclaimed rubber production shrank to $
in estimated in export price. Over the period under review, production, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2011 with an increase of %. Over the period under review, production attained the peak level at $ in 2019; however, from to , production failed to regain momentum.Consumption
In , consumption of reclaimed rubber decreased by -% to tons for the first time since 2016, thus ending a five-year rising trend. Over the period under review, consumption, however, continues to indicate a moderate increase. Over the period under review, consumption hit record highs at tons in , and then shrank slightly in the following year.
The size of the reclaimed rubber market in Brazil contracted slightly 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, consumption, however, continues to indicate buoyant growth. Reclaimed rubber consumption peaked at $ in , and then contracted slightly in the following year.
, consumption of reclaimed rubber decreased by -% to tons for the first time since 2016, thus ending a five-year rising trend. Over the period under review, consumption, however, continues to indicate a moderate increase. Over the period under review, consumption hit record highs at tons in , and then shrank slightly in the following year.The size of the reclaimed rubber market in Brazil contracted slightly 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, consumption, however, continues to indicate buoyant growth. Reclaimed rubber consumption peaked at $ in , and then contracted slightly in the following year.Market Forecast
Driven by increasing demand for reclaimed rubber in Brazil, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, 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
Over the period under review, the share of imports in terms of total reclaimed rubber consumption in Brazil was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the Brazil reclaimed rubber market is largely supplied by domestic manufacturers. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.
% figure. In value terms the share of imports also stood at a low figure, which means that the Brazil reclaimed rubber market is largely supplied by domestic manufacturers. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.Trade Balance
Brazil remains a net importer of reclaimed rubber; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $.
. In , there was a significant trade deficit of tons, which was equal to $.
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