Overview of the Global Market for Natural Rubber And Gums

Market Size for Natural Rubber And Gums

The global natural rubber and gum market rose slightly to $X in 2019, growing by X% against the previous year. In general, the total consumption indicated a modest increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -X% against 2017 indices. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Global consumption peaked at $X in 2012; however, from 2013 to 2019, consumption failed to regain the momentum.

Production of Natural Rubber And Gums

In value terms, natural rubber and gum production reduced slightly to $X in 2019 estimated in export prices. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. As a result, production attained the peak level of $X. From 2012 to 2019, global production growth remained at a somewhat lower figure.

The countries with the highest volumes of natural rubber and gum production in 2019 were Thailand (X tonnes), Indonesia (X tonnes) and Viet Nam (X tonnes), together accounting for X% of global production. These countries were followed by India, China, Malaysia and Cote d'Ivoire, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of natural rubber and gum production, amongst the key producing countries, was attained by Cote d'Ivoire, while natural rubber and gum production for the other global leaders experienced more modest paces of growth.

The global average natural rubber and gum yield dropped modestly to X tonnes per ha in 2019, remaining stable against 2018 figures. In general, the yield, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, the average natural rubber and gum yield reached the maximum level at X tonnes per ha in 2012; afterwards, it flattened through to 2019. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, approx. X ha of natural rubber and gums were harvested worldwide; picking up by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2012 when the harvested area increased by X% year-to-year. The global harvested area peaked in 2019 and is likely to see steady growth in years to come.

Production By Country

The countries with the highest volumes of natural rubber and gum production in 2019 were Thailand (X tonnes), Indonesia (X tonnes) and Viet Nam (X tonnes), with a combined X% share of global production. These countries were followed by India, China, Malaysia and Cote d'Ivoire, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of natural rubber and gum production, amongst the leading producing countries, was attained by Cote d'Ivoire, while natural rubber and gum production for the other global leaders experienced more modest paces of growth.

Exports of Natural Rubber And Gums

Exports

Global natural rubber and gum exports amounted to X tonnes in 2019, picking up by X% on 2018. Over the period under review, total exports indicated a tangible expansion from 2007 to 2019: its volume 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, exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. Global exports peaked in 2019 and are expected to retain growth in the near future.

In value terms, natural rubber and gum exports reduced slightly to $X in 2019. Overall, exports saw a slight setback. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Global exports peaked at $X in 2011; however, from 2012 to 2019, exports failed to regain the momentum.

Exports by Country

Thailand dominates natural rubber and gum exports structure, recording X tonnes, which was approx. X% of total exports in 2019. It was distantly followed by Viet Nam (X tonnes), mixing up a X% share of total exports. Malaysia (X tonnes), Guatemala (X tonnes) and Belgium (X tonnes) followed a long way behind the leaders.

Thailand was also the fastest-growing in terms of the natural rubber and gums exports, with a CAGR of +X% from 2007 to 2019. At the same time, Guatemala (+X%) displayed positive paces of growth. Malaysia and Viet Nam experienced a relatively flat trend pattern. By contrast, Belgium (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of Thailand increased by +X% percentage points, while Belgium (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest natural rubber and gum supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Viet Nam ($X), with a X% share of global exports. It was followed by Malaysia, with a X% share.

From 2007 to 2019, the average annual growth rate of value in Thailand was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Viet Nam (-X% per year) and Malaysia (-X% per year).

Export Prices by Country

The average natural rubber and gum export price stood at $X per tonne in 2019, dropping by -X% against the previous year. Overall, the export price saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% y-o-y. As a result, export price reached the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Malaysia ($X per tonne), while Belgium ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Thailand, while the other global leaders experienced a decline in the export price figures.

Imports of Natural Rubber And Gums

Imports

In 2019, the amount of natural rubber and gums imported worldwide totaled X tonnes, picking up by X% compared with the previous year's figure. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Global imports peaked in 2019 and are likely to see steady growth in the immediate term.

In value terms, natural rubber and gum imports totaled $X in 2019. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Global imports peaked at $X in 2011; however, from 2012 to 2019, imports remained at a lower figure.

Imports by Country

China (X tonnes) and Malaysia (X tonnes) prevails in natural rubber and gum imports structure, together creating X% of total imports. The following importers - the U.S. (X tonnes), South Korea (X tonnes), Brazil (X tonnes), Indonesia (X tonnes) and Mexico (X tonnes) - together made up X% of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Indonesia, while imports for the other global leaders experienced more modest paces of growth.

In value terms, China ($X), Malaysia ($X) and the U.S. ($X) were the countries with the highest levels of imports in 2019, together accounting for X% of global imports. Brazil, Indonesia, Mexico and South Korea lagged somewhat behind, together accounting for a further X terms of the main importing countries, Indonesia recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average natural rubber and gum import price amounted to $X per tonne, declining by -X% against the previous year. In general, the import price continues to indicate a noticeable slump. The growth pace was the most rapid in 2011 when the average import price increased by X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average import prices failed to regain the momentum.

Average prices varied somewhat amongst the major importing countries. In 2019, major importing countries recorded the following prices: in the U.S. ($X per tonne) and Mexico ($X per tonne), while South Korea ($X per tonne) and Malaysia ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Malaysia, while the other global leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for natural rubber and gums in the world?

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The countries with the highest volumes of natural rubber and gum consumption in 2019 were Indonesia (3.7M tonnes), Thailand (3.6M tonnes) and China (1.5M tonnes), together accounting for 60% of global consumption. Malaysia, Viet Nam, India and Cote d'Ivoire lagged somewhat behind, together comprising a further 26%.

What are the largest producers of natural rubber and gums in the world?

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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 66% 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 exporters of natural rubber and gums in the world?

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In value terms, Thailand ($1.4B) remains the largest natural rubber and gum supplier worldwide, comprising 75% of global exports. The second position in the ranking was occupied by Viet Nam ($106M), with a 5.9% share of global exports. It was followed by Malaysia, with a 5.1% share.

What are the leading importers of natural rubber and gums in the world?

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In value terms, the largest natural rubber and gum importing markets worldwide were China ($685M), Malaysia ($604M) and the U.S. ($54M), with a combined 75% share of global imports. These countries were followed by Brazil, Indonesia, Mexico and South Korea, which together accounted for a further 6.6%.

What is the average export price for natural rubber and gums in the world?

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The average natural rubber and gum export price stood at $1,066 per tonne in 2019, which is down by -3.7% against the previous year.

What is the average import price for natural rubber and gums in the world?

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In 2019, the average natural rubber and gum import price amounted to $1,088 per tonne, waning by -3.6% against the previous year.