Australia and Oceania: Market for Natural Rubber And Gums 2025

Market Size for Natural Rubber And Gums in Australia and Oceania

The natural rubber and gum market in Australia and Oceania shrank to $X in 2022, declining by -6.8% against the previous year. In general, consumption showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when the market value increased by 9.1%. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Natural Rubber And Gums in Australia and Oceania

In value terms, natural rubber and gum production declined modestly to $X in 2022 estimated in export price. Overall, production saw a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of 31%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Papua New Guinea (X tons) constituted the country with the largest volume of natural rubber and gum production, accounting for 99.9% of total volume.

From 2012 to 2022, the average annual rate of growth in terms of volume in Papua New Guinea totaled -2.8%.

In 2022, the average natural rubber and gum yield in Australia and Oceania contracted to X kg per ha, approximately mirroring 2021 figures. Over the period under review, the yield recorded a perceptible setback. The pace of growth appeared the most rapid in 2013 with an increase of 0.8%. As a result, the yield attained the peak level of X kg per ha. From 2014 to 2022, the growth of the natural rubber and gum yield remained at a somewhat lower figure. 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 Australia and Oceania; approximately reflecting 2021 figures. Over the period under review, the harvested area, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2017 when the harvested area increased by 5.2% against the previous year. Over the period under review, the harvested area dedicated to natural rubber and gum production reached the peak figure at X ha in 2014; however, from 2015 to 2022, the harvested area stood at a somewhat lower figure.

Exports of Natural Rubber And Gums

Exports in Australia and Oceania

Natural rubber and gum exports dropped rapidly to X tons in 2022, reducing by -37% compared with 2021. Over the period under review, exports recorded a significant contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 32%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, natural rubber and gum exports reduced sharply to $X in 2022. Overall, exports showed a dramatic shrinkage. The pace of growth was the most pronounced in 2018 with an increase of 161%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Papua New Guinea prevails in exports structure, resulting at X tons, which was near 93% of total exports in 2022. It was distantly followed by Australia (X tons), committing a 7.4% share of total exports.

Papua New Guinea was also the fastest-growing in terms of the natural rubber and gums exports, with a CAGR of -3.8% from 2012 to 2022. Australia (-40.2%) illustrated a downward trend over the same period. Papua New Guinea (+83 p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -82.6% from 2012 to 2022, respectively.

In value terms, Papua New Guinea ($X) and Australia ($X) appeared to be the countries with the highest levels of exports in 2022.

Papua New Guinea, with a CAGR of -15.1%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, dropping by -23.3% against the previous year. Over the period under review, the export price, however, posted temperate growth. The most prominent rate of growth was recorded in 2018 when the export price increased by 98% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while Papua New Guinea amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+28.2%).

Imports of Natural Rubber And Gums

Imports in Australia and Oceania

In 2022, natural rubber and gum imports in Australia and Oceania fell dramatically to X tons, waning by -30.8% on the year before. In general, imports showed a deep reduction. The pace of growth appeared the most rapid in 2014 when imports increased by 55%. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, natural rubber and gum imports shrank significantly to $X in 2022. Overall, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 70% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Australia (X tons) was the largest importer of natural rubber and gums, comprising 68% of total imports. It was distantly followed by New Zealand (X tons), mixing up a 29% share of total imports. Papua New Guinea (X tons) held a minor share of total imports.

Imports into Australia decreased at an average annual rate of -3.9% from 2012 to 2022. At the same time, Papua New Guinea (+33.6%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +33.6% from 2012-2022. By contrast, New Zealand (-11.8%) illustrated a downward trend over the same period. Australia (+19 p.p.) and Papua New Guinea (+1.9 p.p.) significantly strengthened its position in terms of the total imports, while New Zealand saw its share reduced by -20.3% from 2012 to 2022, respectively.

In value terms, the largest natural rubber and gum importing markets in Australia and Oceania were Australia ($X), New Zealand ($X) and Papua New Guinea ($X), together accounting for 99% of total imports.

Papua New Guinea, with a CAGR of +31.3%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, waning by -15.3% against the previous year. Overall, the import price saw a mild setback. The pace of growth was the most pronounced in 2019 an increase of 30%. Over the period under review, import prices hit record highs at $X per ton in 2021, and then dropped notably in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Papua New Guinea ($X per ton), while Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (-0.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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