
Australia - Natural Rubber And Gums - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).
By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.
Australia: Overview of the Market for Natural Rubber And Gums 2021
Webinar: Global Sugar Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global sugar market.
Tuesday, April 13th, 2021 @ 10:00 am ET
Market Size for Natural Rubber And Gums in Australia
The Australian natural rubber and gum market fell significantly to $X in 2019, declining by -X% 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). Over the period under review, consumption continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2010 when the market value increased by X% year-to-year. Over the period under review, the market attained the peak level at $X in 2011; however, from 2012 to 2019, consumption remained at a lower figure.
Exports of Natural Rubber And Gums
Exports from Australia
In 2019, the amount of natural rubber and gums exported from Australia dropped remarkably to X tonnes, reducing by -X% on 2018. In general, exports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2009 with an increase of X% against the previous year. As a result, exports attained the peak of X tonnes. From 2010 to 2019, the growth exports remained at a lower figure.
In value terms, natural rubber and gum exports fell remarkably to $X in 2019. Overall, exports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. As a result, exports attained the peak of $X. From 2010 to 2019, the growth exports remained at a lower figure.
Exports by Country
The Philippines (X kg) was the main destination for natural rubber and gum exports from Australia, with a X% share of total exports. Moreover, natural rubber and gum exports to the Philippines exceeded the volume sent to the second major destination, New Zealand (X kg), sixfold.
From 2007 to 2019, the average annual rate of growth in terms of volume to the Philippines totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (-X% per year) and Fiji (-X% per year).
In value terms, the Philippines ($X) remains the key foreign market for natural rubber and gum exports from Australia, comprising X% of total exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total exports.
From 2007 to 2019, the average annual rate of growth in terms of value to the Philippines totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (-X% per year) and Fiji (+X% per year).
Export Prices by Country
The average natural rubber and gum export price stood at $X per tonne in 2019, rising by X% against the previous year. Overall, the export price saw significant growth. As a result, export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Fiji ($X per tonne), while the average price for exports to the Philippines ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand, while the prices for the other major destinations experienced more modest paces of growth.
Imports of Natural Rubber And Gums
Imports into Australia
In 2019, the amount of natural rubber and gums imported into Australia declined markedly to X tonnes, dropping by -X% against the previous year's figure. In general, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X tonnes. From 2015 to 2019, the growth imports failed to regain the momentum.
In value terms, natural rubber and gum imports reduced remarkably to $X in 2019. Overall, imports saw a deep contraction. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Imports peaked at $X in 2011; however, from 2012 to 2019, imports remained at a lower figure.
Imports by Country
In 2019, Malaysia (X tonnes) constituted the largest natural rubber and gum supplier to Australia, with a X% share of total imports. Moreover, natural rubber and gum imports from Malaysia exceeded the figures recorded by the second-largest supplier, Viet Nam (X tonnes), fivefold. Thailand (X tonnes) ranked third in terms of total imports with a X% share.
From 2007 to 2019, the average annual rate of growth in terms of volume from Malaysia totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Viet Nam (-X% per year) and Thailand (+X% per year).
In value terms, Malaysia ($X) constituted the largest supplier of natural rubber and gum to Australia, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by the U.S., with a X% share.
From 2007 to 2019, the average annual growth rate of value from Malaysia stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and the U.S. (+X% per year).
Import Prices by Country
In 2019, the average natural rubber and gum import price amounted to $X per tonne, remaining constant against the previous year. Over the period under review, import price indicated a pronounced expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, natural rubber and gum import price increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per tonne in 2011; however, from 2012 to 2019, import prices failed to regain the momentum.
Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while the price for Viet Nam ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Malaysia, while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for natural rubber and gums in the world?+
The countries with the highest volumes of natural rubber and gum consumption in 2019 were Thailand (4M tonnes), Indonesia (3.7M tonnes) and China (1.4M tonnes), with a combined 62% share of global consumption. These countries were followed by Viet Nam, Malaysia, India and Cote d'Ivoire, which together accounted for a further 25%.
What are the largest producers of natural rubber and gums in the world?+
The countries with the highest volumes of natural rubber and gum production in 2019 were Thailand (4.9M tonnes), Indonesia (3.7M tonnes) and Viet Nam (1.2M tonnes), together accounting for 67% of global production. These countries were followed by India, China, Malaysia and Cote d'Ivoire, which together accounted for a further 21%.
What are the leading suppliers of natural rubber and gums to Australia?+
In value terms, Malaysia ($272K) constituted the largest supplier of natural rubber and gum to Australia, comprising 68% of total imports. The second position in the ranking was occupied by China ($43K), with a 11% share of total imports. It was followed by the U.S., with a 9.1% share.
What are the leading importers of natural rubber and gums from Australia?+
In value terms, the Philippines ($11K) remains the key foreign market for natural rubber and gum exports from Australia, comprising 58% of total exports. The second position in the ranking was occupied by New Zealand ($3.7K), with a 21% share of total exports.
What is the average export price for natural rubber and gums in Australia?+
In 2019, the average natural rubber and gum export price amounted to $18,000 per tonne, growing by 1,035% against the previous year.
What is the average import price for natural rubber and gums in Australia?+
The average natural rubber and gum import price stood at $2,456 per tonne in 2019, standing approx. at the previous year.
This report provides an in-depth analysis of the market for natural rubber and gum in Australia. 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Webinar: Global Sugar Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global sugar market.
Tuesday, April 13th, 2021 @ 10:00 am ET
Register
Webinar: Global Palm Oil Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global palm oil market.
Thursday, May 6th, 2021 @ 10:00 am ET
Register
Webinar: Global Fertilizer Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global fertilizer market.
Thursday, May 13th, 2021 @ 10:00 am ET
Register