Report Update Nov 1, 2024

Russian Federation - Natural Rubber and Gums - Market Analysis, Forecast, Size, Trends and Insights

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Russian Federation: Market for Natural Rubber And Gums 2024

Market Size for Natural Rubber And Gums in the Russian Federation

After two years of growth, the Russian natural rubber and gum market decreased by -18% to $X in 2022. Over the period under review, the total consumption indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +62.8% against 2019 indices. As a result, consumption attained the peak level of $X, and then dropped dramatically in the following year.

Exports of Natural Rubber And Gums

Exports from the Russian Federation

In 2022, exports of natural rubber and gums from Russia soared to X tons, growing by 29% on the previous year's figure. Over the period under review, exports, however, saw a noticeable downturn. The growth pace was the most rapid in 2020 with an increase of 141%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, natural rubber and gum exports expanded rapidly to $X in 2022. In general, exports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of 159%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belarus (X tons) was the main destination for natural rubber and gum exports from Russia, accounting for a 97% share of total exports. It was followed by Ukraine (X tons), with a 2.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belarus totaled -1.8%.

In value terms, Belarus ($X) emerged as the key foreign market for natural rubber and gums exports from Russia, comprising 85% of total exports. The second position in the ranking was taken by Ukraine ($X), with a 15% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Belarus stood at -6.5%.

Export Prices by Country

The average natural rubber and gum export price stood at $X per ton in 2022, which is down by -16.9% against the previous year. Overall, the export price continues to indicate a pronounced slump. The pace of growth was the most pronounced in 2019 when the average export price increased by 47%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Belarus stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+17.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Natural Rubber And Gums

Imports into the Russian Federation

In 2022, overseas purchases of natural rubber and gums decreased by -8.4% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, total imports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of +4.5% 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 +41.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 28%. Imports peaked at X tons in 2021, and then fell in the following year.

In value terms, natural rubber and gum imports dropped sharply to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 76%. As a result, imports attained the peak of $X, and then declined remarkably in the following year.

Imports by Country

In 2022, Thailand (X tons) constituted the largest supplier of natural rubber and gum to Russia, accounting for a 72% share of total imports. Moreover, natural rubber and gum imports from Thailand exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Thailand stood at +14.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-5.8% per year) and Vietnam (+13.6% per year).

In value terms, Thailand ($X) constituted the largest supplier of natural rubber and gums to Russia, comprising 76% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Thailand totaled +9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-11.8% per year) and Vietnam (+7.4% per year).

Import Prices by Country

In 2022, the average natural rubber and gum import price amounted to $X per ton, falling by -14.3% against the previous year. Over the period under review, the import price saw a pronounced contraction. The pace of growth was the most pronounced in 2021 an increase of 46%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-4.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for natural rubber and gums in the world?

The countries with the highest volumes of natural rubber and gum consumption in 2021 were Thailand, Indonesia and China, with a combined 56% share of global consumption. Vietnam, India, Malaysia and Cote d'Ivoire lagged somewhat behind, together comprising a further 26%.

What are the largest producers of natural rubber and gums in the world?

The countries with the highest volumes of natural rubber and gum production in 2021 were Thailand, Indonesia and Vietnam, together comprising 63% of global production. India, Cote d'Ivoire, China, Malaysia and the Philippines lagged somewhat behind, together accounting for a further 24%.

What are the leading suppliers of natural rubber and gums to the Russian Federation?

In value terms, the largest natural rubber and gum suppliers to Russia were Thailand, Vietnam and Malaysia, with a combined 96% share of total imports.

What are the leading importers of natural rubber and gums from the Russian Federation?

In value terms, Armenia and Belarus appeared to be the largest markets for natural rubber and gum exported from Russia worldwide.

What is the average export price for natural rubber and gums in the Russian Federation?

In 2021, the average natural rubber and gum export price amounted to $2,788 per ton, with an increase of 22% against the previous year.

What is the average import price for natural rubber and gums in the Russian Federation?

In 2021, the average natural rubber and gum import price amounted to $1,882 per ton, with an increase of 46% against the previous year.

This report provides an in-depth analysis of the market for natural rubber and gum in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 836 - Natural rubber

Country coverage:

Russia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Russian Federation
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023