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Discover the latest trends in the reclaimed rubber market as demand continues to rise globally. Get insights into the projected growth with an expected CAGR of +3.2% in volume and +5.6% in value from 2023 to 2030.
Reclaimed Rubber imports reached 12K tons in 2013 but failed to regain momentum from 2014 to 2023. In terms of value, imports plummeted to $6.5M in 2023.
Reclaimed Rubber exports reached their peak in 2023 and are projected to continue growing in the coming years. The value of reclaimed rubber exports surged to $78M in 2023.
From April 2023 to October 2023, the export growth of Reclaimed Rubber failed to regain momentum. In value terms, Reclaimed Rubber exports dropped to $5.8M in October 2023.
In June 2023, imports of Reclaimed Rubber saw a remarkable growth rate, surging by 70% compared to the previous month. Furthermore, the value of these imports reached $624K in October 2023.
The exports of Reclaimed Rubber reached their highest point in September 2023. In terms of value, the exports decreased to $2M in the same month.
The price of Reclaimed Rubber in June 2023 was $939 per ton (FOB, China), representing a decrease of 9.5% compared to the previous month.
In April 2023, the price of Reclaimed Rubber reached $1,055 per ton (FOB, Netherlands), showing a 16% increase compared to the previous month.
In February 2023, the reclaimed rubber price amounted to $851 per ton (FOB, Canada), declining by -5% against the previous month.
In January 2023, the reclaimed rubber price stood at $598 per ton (CIF, Turkey), rising by 11% against the previous month.