Mexico: Market for Natural Rubber And Gums 2025

Market Size for Natural Rubber And Gums in Mexico

The Mexican natural rubber and gum market stood at $X in 2022, rising by 3.2% against the previous year. Over the period under review, consumption, however, saw a perceptible downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Natural Rubber And Gums in Mexico

In value terms, natural rubber and gum production rose rapidly to $X in 2022 estimated in export price. Overall, production recorded a abrupt contraction. The growth pace was the most rapid in 2017 when the production volume increased by 61%. Natural rubber and gum production peaked 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 Mexico shrank slightly to X tons per ha, leveling off at 2021 figures. The yield figure increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of 27% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2015 to 2022, the growth of the average natural rubber and gum yield remained at a lower figure. 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 in Mexico dropped slightly to X ha in 2022, approximately reflecting 2021 figures. In general, the total harvested area indicated a remarkable increase from 2012 to 2022: its figure increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, natural rubber and gum harvested area increased by +72.6% against 2012 indices. The growth pace was the most rapid in 2020 when the harvested area increased by 21% 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 from Mexico

In 2022, the amount of natural rubber and gums exported from Mexico reduced remarkably to X tons, with a decrease of -96.8% against 2021. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when exports increased by 379%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, natural rubber and gum exports fell dramatically to $X in 2022. Over the period under review, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2018 when exports increased by 505%. The exports peaked at $X in 2021, and then plummeted in the following year.

Exports by Country

The United States (X tons) was the main destination for natural rubber and gum exports from Mexico, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +127.8%.

In value terms, the United States ($X) emerged as the key foreign market for natural rubber and gums exports from Mexico.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +122.9%.

Export Prices by Country

The average natural rubber and gum export price stood at $X per ton in 2022, with an increase of 570% against the previous year. Overall, the export price showed resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +10.6% per year.

Imports of Natural Rubber And Gums

Imports into Mexico

In 2022, imports of natural rubber and gums into Mexico amounted to X tons, with an increase of 3.7% on the previous year's figure. In general, total imports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, natural rubber and gum imports rose remarkably to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 84%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Guatemala (X tons) constituted the largest supplier of natural rubber and gum to Mexico, with a 89% share of total imports. Moreover, natural rubber and gum imports from Guatemala exceeded the figures recorded by the second-largest supplier, Thailand (X tons), more than tenfold. The third position in this ranking was taken by Vietnam (X tons), with a 2.3% share.

From 2012 to 2022, the average annual growth rate of volume from Guatemala stood at +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-4.5% per year) and Vietnam (+4.0% per year).

In value terms, Guatemala ($X) constituted the largest supplier of natural rubber and gums to Mexico, comprising 87% of total imports. The second position in the ranking was taken by Thailand ($X), with a 9.2% share of total imports. It was followed by Vietnam, with a 2.6% share.

From 2012 to 2022, the average annual growth rate of value from Guatemala amounted to +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-10.6% per year) and Vietnam (+1.7% per year).

Import Prices by Country

In 2022, the average natural rubber and gum import price amounted to $X per ton, picking up by 5% against the previous year. In general, the import price, however, recorded a pronounced slump. The growth pace was the most rapid in 2021 an increase of 20% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-2.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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