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

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

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Price for Natural Rubber and Gum in South Africa - 2023

Contents:

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

Price for Natural Rubber and Gum in South Africa (CIF) - 2022

In 2022, the average natural rubber and gum import price amounted to $3,170 per ton, rising by 46% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($7,398 per ton), while the price for Vietnam ($1,557 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-1.7%), while the prices for the other major suppliers experienced a decline.

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

The average natural rubber and gum export price stood at $3,234 per ton in 2022, surging by 1.8% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 172%. As a result, the export price reached the peak level of $9,206 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($10,020 per ton), while the average price for exports to Botswana ($1,576 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 Madagascar (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Natural Rubber and Gum in South Africa

After three years of growth, supplies from abroad of natural rubber and gums decreased by -54.6% to 708 tons in 2022. In general, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 188% against the previous year.

In value terms, natural rubber and gum imports dropped markedly to $2.2M in 2022. Overall, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 222%.

Import of Natural Rubber and Gum in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand4442,3952,41098230.3%
Malaysia20227739856641.0%
Taiwan (Chinese)N/AN/A1.841923177.8%
Vietnam21.341.995.561.342.2%
India25.7N/A131N/A125.8%
Others2172153462180.2%
Total9092,9293,3822,24535.2%

Top Suppliers of Natural Rubber and Gum to South Africa in 2022:

  1. India (undefined tons)
  2. Thailand (366.1 tons)
  3. Malaysia (231.3 tons)
  4. Taiwan (Chinese) (56.6 tons)
  5. Vietnam (39.4 tons)

Exports of Natural Rubber and Gum in South Africa

Natural rubber and gum exports from South Africa surged to 87 tons in 2022, jumping by 30% against 2021 figures. The total export volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.

In value terms, natural rubber and gum exports surged to $281K in 2022. Over the period under review, exports, however, faced a dramatic slump.

Export of Natural Rubber and Gum in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zimbabwe90.413211721633.7%
MadagascarN/AN/A0.919.02011.1%
Namibia31.629.76.112.1-27.4%
Swaziland24.58.111.67.1-33.8%
Botswana4.96.310.14.1-5.8%
Mozambique500N/A47.53.0-81.8%
Others35.419.118.419.6-17.9%
Total687195211281-25.8%

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

  1. Zimbabwe (76.3 tons)
  2. Madagascar (2.8 tons)
  3. Botswana (2.6 tons)
  4. Swaziland (1.6 tons)
  5. Namibia (1.0 tons)
  6. Mozambique (0.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for natural rubber and gum in South Africa. 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:

  • South Africa

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in South Africa
  • 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 741

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 953

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 1372

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 2812

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 1109

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 1671

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 741

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 953

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 - South Africa