Australia: Market for Natural Rubber And Gums 2025

Market Size for Natural Rubber And Gums in Australia

The Australian natural rubber and gum market soared to $X in 2022, growing by 126% against the previous year. In general, consumption enjoyed a resilient expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Natural Rubber And Gums in Australia

In value terms, natural rubber and gum production amounted to $X in 2022 estimated in export price. Overall, production continues to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2013 when the production volume decreased by -0.9% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

In 2022, the average yield of natural rubber and gums in Australia amounted to less than X kg per ha, approximately equating the year before. Overall, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of natural rubber and gums were harvested in Australia; remaining constant against the previous year's figure. Over the period under review, the harvested area saw a relatively flat trend pattern.

Exports of Natural Rubber And Gums

Exports from Australia

In 2022, natural rubber and gum exports from Australia dropped rapidly to X tons, declining by -88.2% against the previous year. Overall, exports showed a significant contraction. The most prominent rate of growth was recorded in 2018 with an increase of 855%. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, natural rubber and gum exports reduced sharply to $X in 2022. In general, exports faced a sharp descent. The pace of growth appeared the most rapid in 2018 with an increase of 1,442%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

China (X tons), Papua New Guinea (X tons) and South Africa (X tons) were the main destinations of natural rubber and gum exports from Australia, with a combined 65% share of total exports. Brazil, New Zealand and Zambia lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of +362.1%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) emerged as the key foreign market for natural rubber and gums exports from Australia, comprising 44% of total exports. The second position in the ranking was held by Papua New Guinea ($X), with an 18% share of total exports. It was followed by New Zealand, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Brazil totaled +635.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (+9.6% per year) and New Zealand (-35.8% per year).

Export Prices by Country

The average natural rubber and gum export price stood at $X per ton in 2022, rising by 181% against the previous year. In general, the export price showed significant growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 231%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+59.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Natural Rubber And Gums

Imports into Australia

In 2022, supplies from abroad of natural rubber and gums increased by 17% to X tons, rising for the third year in a row after five years of decline. Overall, imports, however, continue to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2020 with an increase of 60% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, natural rubber and gum imports soared to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 38%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Vietnam (X tons), Malaysia (X tons) and Thailand (X tons) were the main suppliers of natural rubber and gum imports to Australia, with a combined 91% share of total imports. China and the United States lagged somewhat behind, together comprising a further 8.7%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +45.7%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest natural rubber and gum suppliers to Australia were Malaysia ($X), Vietnam ($X) and China ($X), together comprising 86% of total imports. Thailand and the United States lagged somewhat behind, together comprising a further 12%.

In terms of the main suppliers, the United States, with a CAGR of +35.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average natural rubber and gum import price stood at $X per ton in 2022, growing by 4.9% against the previous year. Over the period under review, the import price, however, showed a slight reduction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 30% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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