Eastern Asia: Market for Natural Rubber And Gums 2025

Market Size for Natural Rubber And Gums in Eastern Asia

The East Asian natural rubber and gum market rose remarkably to $X in 2022, with an increase of 9.1% against the previous year. Over the period under review, consumption, however, saw a pronounced curtailment. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Natural Rubber And Gums in Eastern Asia

In value terms, natural rubber and gum production totaled $X in 2022 estimated in export price. Overall, production recorded a deep contraction. The pace of growth was the most pronounced in 2017 when the production volume increased by 25% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

China (X tons) remains the largest natural rubber and gum producing country in Eastern Asia, comprising approx. 100% of total volume.

In China, natural rubber and gum production declined by an average annual rate of -1.1% over the period from 2012-2022.

The average natural rubber and gum yield declined to X kg per ha in 2022, reducing by -4% on 2021. Overall, the yield showed a pronounced contraction. The pace of growth was the most pronounced in 2021 when the yield increased by 8.8% against the previous year. Over the period under review, the natural rubber and gum yield attained the peak level at X tons per ha in 2013; however, from 2014 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The natural rubber and gum harvested area declined slightly to X ha in 2022, stabilizing at the previous year. The harvested area increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the harvested area increased by 5.5% against the previous year. Over the period under review, the harvested area dedicated to natural rubber and gum production attained the maximum at X ha in 2021, and then fell in the following year.

Exports of Natural Rubber And Gums

Exports in Eastern Asia

In 2022, overseas shipments of natural rubber and gums increased by 34% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2013 with an increase of 75% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, natural rubber and gum exports soared to $X in 2022. Over the period under review, exports, however, continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2015 with an increase of 72% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China was the main exporting country with an export of around X tons, which resulted at 55% of total exports. It was distantly followed by Hong Kong SAR (X tons), South Korea (X tons) and Taiwan (Chinese) (X tons), together creating a 44% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by China (with a CAGR of +29.0%), while the other leaders experienced mixed trends in the exports figures.

In value terms, China ($X) remains the largest natural rubber and gum supplier in Eastern Asia, comprising 52% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a 24% share of total exports. It was followed by South Korea, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to +25.5%. In the other countries, the average annual rates were as follows: Hong Kong SAR (-20.8% per year) and South Korea (+4.5% per year).

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, falling by -9.6% against the previous year. Over the period under review, the export price saw a slight decrease. The growth pace was the most rapid in 2015 when the export price increased by 29%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-2.2%), while the other leaders experienced a decline in the export price figures.

Imports of Natural Rubber And Gums

Imports in Eastern Asia

In 2022, approx. X tons of natural rubber and gums were imported in Eastern Asia; picking up by 18% on the year before. Total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when imports increased by 34%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, natural rubber and gum imports totaled $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by 46% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China dominates imports structure, recording X tons, which was approx. 95% of total imports in 2022. South Korea (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the natural rubber and gums imports, with a CAGR of +7.6% from 2012 to 2022. South Korea (-5.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by +13 percentage points.

In value terms, China ($X) constitutes the largest market for imported natural rubber and gums in Eastern Asia, comprising 95% of total imports. The second position in the ranking was taken by South Korea ($X), with a 3.1% share of total imports.

In China, natural rubber and gum imports expanded at an average annual rate of +1.6% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, with a decrease of -4.7% against the previous year. Overall, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when the import price increased by 15% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per ton), while China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-4.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :