Central African Republic: Market for Natural Rubber And Gums 2019

Market Size for Natural Rubber And Gums in Central African Republic

The revenue of the natural rubber and gum market in Central African Republic amounted to $X in 2018, going up by X% against the previous year. Overall, natural rubber and gum consumption continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 when the market value increased by X% year-to-year. In that year, the natural rubber and gum market reached its peak level of $X. From 2015 to 2018, the growth of the natural rubber and gum market remained at a lower figure.

Production of Natural Rubber And Gums in Central African Republic

In value terms, natural rubber and gum production stood at $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Central African Republic natural rubber and gum production peaked in 2018 and is likely to see steady growth in the near future.

In 2018, the average yield of natural rubber and gums in Central African Republic totaled X kg per ha, leveling off at the previous year. Over the period under review, the natural rubber and gum yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when yield increased by X% y-o-y. In that year, the natural rubber and gum yield reached its peak level of X kg per ha. From 2011 to 2018, the growth of the natural rubber and gum yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of natural rubber and gums were harvested in Central African Republic; surging by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when harvested area increased by X% year-to-year. In that year, the natural rubber and gum harvested area reached its peak level and is likely to continue its growth in the immediate term.

Exports of Natural Rubber And Gums

Exports from Central African Republic

In 2018, the amount of natural rubber and gums exported from Central African Republic totaled X tons, lowering by -X% against the previous year. In general, natural rubber and gum exports continue to indicate a sharp contraction. The pace of growth appeared the most rapid in 2016 when exports decreased by -X% year-to-year. Central African Republic exports peaked at X tons in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, natural rubber and gum exports stood at $X in 2018. In general, natural rubber and gum exports continue to indicate an abrupt reduction. The most prominent rate of growth was recorded in 2016 with a decrease of -X% year-to-year. Over the period under review, natural rubber and gum exports attained their maximum at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

Thailand dominates natural rubber and gum exports structure, resulting at X tons, which was near X% of total exports in 2018. It was distantly followed by Vietnam (X tons) and Malaysia (X tons), together mixing up a X% share of total exports. Guatemala (X tons), the Netherlands (X tons) and Belgium (X tons) followed a long way behind the leaders.

Thailand experienced a relatively flat trend pattern of natural rubber and gums exports. At the same time, the Netherlands (+X%) and Guatemala (+X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Malaysia and Vietnam experienced a relatively flat trend pattern. By contrast, Belgium (-X%) illustrated a downward trend over the same period. While the share of the Netherlands (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of Belgium (-X p.p.) and Thailand (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Thailand, natural rubber and gum exports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (-X% per year) and Malaysia (-X% per year).

Export Prices by Country

In 2018, the natural rubber and gum export price in Central African Republic amounted to $X per ton, approximately equating the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. Over the period under review, the export prices for natural rubber and gums attained their maximum in 2018 and is expected to retain its growth in the near future.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Thailand, while the other leaders experienced mixed trends in the export price figures.

Imports of Natural Rubber And Gums

Imports by Country

Malaysia (X tons) and China (X tons) prevails in natural rubber and gum imports structure, together comprising X% of total imports. The U.S. (X tons), South Korea (X tons), Brazil (X tons), Belgium (X tons), Mexico (X tons) and Indonesia (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Indonesia, while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Malaysia ($X) and the U.S. ($X) constituted the countries with the highest levels of imports in 2018, with a combined X% share of total imports. South Korea, Belgium, Brazil, Mexico and Indonesia lagged somewhat behind, together comprising a further X the main importing countries, Indonesia experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the natural rubber and gum import price in Central African Republic amounted to $X per ton, standing approx. at the previous year. In general, the natural rubber and gum import price continues to indicate a relatively flat trend pattern. Central African Republic import price peaked at $X per ton in 2014; however, from 2015 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Belgium ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform