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

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

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Nov 5, 2020

The Global Natural Rubber and Gum Market Stabilized at $25B, but the Pandemic Hampers Resuming the Growth

IndexBox has just published a new report: 'World - Natural Rubber And Gums - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

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

Despite robust gains in natural gum production in physical terms, the market value could only stabilize over the last years, after dropping sharply in 2015. Thus, global consumption peaked at $29.9B in 2013; however, from 2014 to 2019, consumption failed to regain the momentum. That dynamic is largely shaped by the shifts in prices that followed a shard decrease in global oil prices in 2015.

Consumption by Country

The countries with the highest volumes of natural rubber and gum consumption in 2019 were Thailand (4M tons), Indonesia (3.7M tons) and China (1.4M tons), together accounting for 62% of global consumption. These countries were followed by Vietnam, Malaysia, India and Cote d'Ivoire, which together accounted for a further 25%.

From 2013 to 2019, the biggest increases were in Cote d'Ivoire, while natural rubber and gum consumption for the other global leaders experienced more modest paces of growth.

In value terms, Thailand ($6.3B), Indonesia ($5.8B) and China ($2.7B) were the countries with the highest levels of market value in 2019, with a combined 59% share of the global market. Vietnam, Malaysia, India and Cote d'Ivoire lagged somewhat behind, together accounting for a further 24%.

The countries with the highest levels of natural rubber and gum per capita consumption in 2019 were Thailand (58 kg per person), Malaysia (31 kg per person) and Cote d'Ivoire (20 kg per person).

Market Forecast to 2030

Depressed by shrinking demand for rubber tires and industrial articles on the backdrop of the economic slump caused by the pandemic, the market is to decline noticeably in 2020. In the medium term, as the global economy recovers from the effects of the pandemic, the market is expected to grow gradually. Overall, market performance is forecast to pursue a slightly upward trend over the next decade, expanding with an anticipated CAGR of +0.3% for the period from 2019 to 2030, which is projected to bring the market volume to 15M tons by the end of 2030.

Production

For the fourth year in a row, the global market recorded growth in the production of natural rubber and gums, which increased by 3.2% to 15M tons in 2019. The total output volume increased at an average annual rate of +2.2% from 2013 to 2019; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period.

Over the period under review, global production hit record highs in 2019 and is likely to continue growing in the near future. The generally positive trend in terms of output was largely conditioned by a notable expansion of the harvested area and a relatively flat trend pattern in yield figures.

Production By Country

The countries with the highest volumes of natural rubber and gum production in 2019 were Thailand (4.9M tons), Indonesia (3.7M tons) and Vietnam (1.2M tons), 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%.

From 2013 to 2019, the biggest increases were in Cote d'Ivoire, while natural rubber and gum production for the other global leaders experienced more modest paces of growth.

Harvested Area and Yield

In 2019, approx. 12M ha of natural rubber and gums were harvested worldwide; with an increase of 3.4% compared with the year before. The harvested area increased at an average annual rate of +2.3% over the period from 2013 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period.

In 2019, the global average natural rubber and gum yield reduced modestly to 1.2 tons per ha, leveling off at 2018 figures. In general, the yield saw a relatively flat trend pattern.

Imports

After three years of growth, supplies from abroad of natural rubber and gums decreased by -4.3% to 1.3M tons in 2019. The total import volume increased at an average annual rate of +1.2% from 2013 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Global imports peaked at 1.3M tons in 2018, and then reduced modestly in the following year. In value terms, natural rubber and gum imports declined to $1.6B (IndexBox estimates) in 2019.

Imports by Country

China remains the main importer of natural rubber and gums in the world, with the volume of imports reaching 554K tons, which was approx. 44% of total imports in 2019. It was distantly followed by Malaysia (312K tons), generating a 25% share of total imports. The U.S. (48K tons), Mexico (29K tons), Brazil (29K tons), the Netherlands (28K tons), Belgium (24K tons), Vietnam (22K tons) and Pakistan (20K tons) followed a long way behind the leaders.

From 2013 to 2019, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Netherlands, while imports for the other global leaders experienced more modest paces of growth.

In value terms, China ($608M), Malaysia ($508M) and the U.S. ($54M) were the countries with the highest levels of imports in 2019, with a combined 71% share of global imports. These countries were followed by Brazil, the Netherlands, Mexico, Belgium, Pakistan and Vietnam, which together accounted for a further 9.9%.

Import Prices by Country

In 2019, the average natural rubber and gum import price amounted to $1,305 per ton, dropping by -4.1% against the previous year. Over the period under review, the import price recorded an abrupt decrease. The pace of growth was the most pronounced in 2017 an increase of 20% against the previous year. Global import price peaked at $2,464 per ton in 2013; however, from 2014 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Malaysia ($1,629 per ton), while Mexico ($966 per ton) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

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

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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. CONSUMPTION BY COUNTRY
    3. 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. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

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

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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