China - Natural Rubber And Gums - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

China - Natural Rubber And Gums - Market Analysis, Forecast, Size, Trends and Insights

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Price for Natural Rubber and Gum in China - 2023

Contents:

  1. Price for Natural Rubber and Gum in China (CIF) - 2023
  2. Price for Natural Rubber and Gum in China (FOB) - 2022
  3. Imports of Natural Rubber and Gum in China
  4. Exports of Natural Rubber and Gum in China

Price for Natural Rubber and Gum in China (CIF) - 2023

The average natural rubber and gum import price stood at $1,023 per ton in June 2023, falling by -9.1% against the previous month. Over the period under review, the import price continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 6.9% m-o-m. Over the period under review, average import prices attained the maximum at $1,432 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($1,493 per ton), while the price for Vietnam ($931 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Malaysia (-1.9%), while the prices for the other major suppliers experienced a decline.

Price for Natural Rubber and Gum in China (FOB) - 2022

The average natural rubber and gum export price stood at $1,945 per ton in 2022, picking up by 6.7% against the previous year. Overall, the export price, however, continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2020 an increase of 29% against the previous year. The export price peaked at $2,566 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($2,631 per ton), while the average price for exports to Mongolia ($756 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+39.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Natural Rubber and Gum in China

In 2022, natural rubber and gum imports into China soared to 658K tons, increasing by 20% compared with the previous year. The total import volume increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, natural rubber and gum imports rose remarkably to $799M in 2022. The total import value increased at an average annual rate of +11.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Natural Rubber and Gum in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand4474205365688.3%
Vietnam80.112812321739.4%
Others53.087.539.613.9-36.0%
Total58063569879911.3%

Top Suppliers of Natural Rubber and Gum to China in 2022:

  1. Thailand (451.7K tons)
  2. Vietnam (198.3K tons)

Exports of Natural Rubber and Gum in China

In 2022, the amount of natural rubber and gums exported from China skyrocketed to 687 tons, rising by 102% compared with the previous year. In general, exports, however, showed a perceptible contraction.

In value terms, natural rubber and gum exports soared to $1.3M in 2022. Over the period under review, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 135%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Natural Rubber and Gum in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/A55.7453713.3%
VietnamN/A6.018.4217501.4%
IranN/AN/AN/A1240%
UzbekistanN/A63.676.787.717.4%
BangladeshN/AN/A31.457.783.8%
MongoliaN/AN/AN/A7.60%
EthiopiaN/A54.118.0N/A-66.7%
Democratic People's Republic of Korea800N/AN/AN/A0%
Others43.1140420390108.4%
Total8432646201,33616.6%

Top Export Markets for Natural Rubber and Gum from China in 2022:

  1. Russia (189.8 tons)
  2. Vietnam (105.7 tons)
  3. Iran (60.3 tons)
  4. Uzbekistan (41.5 tons)
  5. Bangladesh (21.9 tons)
  6. Mongolia (10.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for natural rubber and gum in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 836 - Natural rubber

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
Store
Blog
Event
Rising Output to Calm Down a Price Rally on the Global Natural Rubber Market
Jul 7, 2021
Eye 743

In the beginning of 2021, demand for natural rubber spiked and prices for rubber increased due to a quick rebound in China’s tire manufacturing and the heightened need for latex gloves during the pandemic. Rubber production is projected to climb up this year in line with rising demand, slowing down the price growth. There is a risk that droughts in Malaysia, Thailand and Indonesia will create a supply shortage in the market and enable the prices to soar again.

The Global Natural Rubber and Gum Market Stabilized at $25B, but the Pandemic Hampers Resuming the Growth
Nov 5, 2020
Eye 923

The global natural rubber and gum market amounted to $25.2B in 2019, therefore, remained relatively stable against...

Which Country Imports the Most Natural Rubber, Balata, Gutta-Percha, Guayule in the World?
Jul 26, 2018
Eye 959

In value terms, natural rubber, balata, gutta-percha, guayule imports stood at $X in 2016. In general, natural rubber, balata, gutta-percha, guayule imports continue to indicate a measured decline. ...

Which Country Exports the Most Natural Rubber, Balata, Gutta-Percha, Guayule in the World?
Jul 26, 2018
Eye 1374

In value terms, natural rubber, balata, gutta-percha, guayule exports stood at $X in 2016. Overall, natural rubber, balata, gutta-percha, guayule exports continue to indicate a significant deduction...

Which Country Consumes the Most Natural Rubber and Gums in the World?
Feb 9, 2018
Eye 2813

Global natural rubber and gum consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.

Which Country Produces the Most Natural Rubber and Gums in the World?
Nov 1, 2017
Eye 1111

In 2015, the countries with the highest levels of production were Thailand (X thousand tons), Indonesia (X thousand tons), Vietnam (X thousand tons), together accounting for X% of total output.

Rubber Market - Thailand’s Natural Rubber Exports Plunged 27% in 2014
Oct 1, 2015
Eye 1672

Despite a drop in exports in 2014, Thailand continues to lead the way in the global natural rubber and gum trade. In 2014, Thailand exported X thousand tons of natural rubber and gums totaling X million USD, X% under the previous year. Its p

Rising Output to Calm Down a Price Rally on the Global Natural Rubber Market
Jul 7, 2021
Eye 743

In the beginning of 2021, demand for natural rubber spiked and prices for rubber increased due to a quick rebound in China’s tire manufacturing and the heightened need for latex gloves during the pandemic. Rubber production is projected to climb up this year in line with rising demand, slowing down the price growth. There is a risk that droughts in Malaysia, Thailand and Indonesia will create a supply shortage in the market and enable the prices to soar again.

The Global Natural Rubber and Gum Market Stabilized at $25B, but the Pandemic Hampers Resuming the Growth
Nov 5, 2020
Eye 923

The global natural rubber and gum market amounted to $25.2B in 2019, therefore, remained relatively stable against...

Which Country Imports the Most Natural Rubber, Balata, Gutta-Percha, Guayule in the World?
Jul 26, 2018
Eye 959

In value terms, natural rubber, balata, gutta-percha, guayule imports stood at $X in 2016. In general, natural rubber, balata, gutta-percha, guayule imports continue to indicate a measured decline. ...

Free Data: Natural Rubber And Gums - China