SADC: Market for Natural Rubber And Gums 2024

Market Size for Natural Rubber And Gums in SADC

In 2022, the SADC natural rubber and gum market decreased by X% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption faced a deep reduction. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Natural Rubber And Gums in SADC

In value terms, natural rubber and gum production reduced slightly to $X in 2022 estimated in export price. In general, production saw a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Democratic Republic of the Congo (X tons) remains the largest natural rubber and gum producing country in SADC, comprising approx. X% of total volume. It was followed by Malawi (X tons), with a X% share of total production.

In Democratic Republic of the Congo, natural rubber and gum production contracted by an average annual rate of X% over the period from 2012-2022.

In 2022, the average yield of natural rubber and gums in SADC reached X kg per ha, surging by X% against 2021. In general, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the yield attained the peak level of X kg per ha. From 2016 to 2022, the growth of the natural rubber and gum yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of natural rubber and gums were harvested in SADC; shrinking by X% compared with the previous year's figure. Overall, the harvested area recorded a abrupt shrinkage. The growth pace was the most rapid in 2014 when the harvested area increased by X%. The level of harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area stood at a somewhat lower figure.

Exports of Natural Rubber And Gums

Exports in SADC

In 2022, shipments abroad of natural rubber and gums was finally on the rise to reach X tons after four years of decline. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2015 with an increase of X%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, natural rubber and gum exports rose markedly to $X in 2022. In general, exports saw prominent growth. The growth pace was the most rapid in 2015 when exports increased by X%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Democratic Republic of the Congo prevails in exports structure, reaching X tons, which was near X% of total exports in 2022. South Africa (X tons) held a minor share of total exports.

Exports from Democratic Republic of the Congo decreased at an average annual rate of X% from 2012 to 2022. South Africa (X%) illustrated a downward trend over the same period. While the share of Democratic Republic of the Congo (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics.

In value terms, Democratic Republic of the Congo ($X) remains the largest natural rubber and gum supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by South Africa ($X), with a X% share of total exports.

In Democratic Republic of the Congo, natural rubber and gum exports shrank by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, leveling off at the previous year. In general, the export price, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Democratic Republic of the Congo totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (X%).

Imports of Natural Rubber And Gums

Imports in SADC

In 2022, the amount of natural rubber and gums imported in SADC contracted notably to X tons, shrinking by X% compared with the previous year's figure. Over the period under review, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, natural rubber and gum imports declined dramatically to $X in 2022. Overall, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

South Africa prevails in imports structure, accounting for X tons, which was near X% of total imports in 2022. It was distantly followed by Angola (X tons) and Zimbabwe (X tons), together comprising a X% share of total imports. Zambia (X tons) followed a long way behind the leaders.

Imports into South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Angola (X%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Zimbabwe (X%) and Zambia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa and Angola increased by X and X percentage points, respectively.

In value terms, South Africa ($X) constitutes the largest market for imported natural rubber and gums in SADC, comprising X% of total imports. The second position in the ranking was held by Zimbabwe ($X), with a X% share of total imports. It was followed by Angola, with a X% share.

In South Africa, natural rubber and gum imports decreased by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Zimbabwe (X% per year) and Angola (X% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, which is down by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the import price increased by X%. As a result, import price reached the peak level of $X per ton, and then reduced in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Zimbabwe ($X per ton), while Angola ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zimbabwe (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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