South-Eastern Asia: Market for Natural Rubber And Gums 2025

Market Size for Natural Rubber And Gums in South-Eastern Asia

The Southeast Asian natural rubber and gum market was finally on the rise to reach $X in 2022, after four years of decline. Overall, consumption continues to indicate a perceptible descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Natural Rubber And Gums in South-Eastern Asia

In value terms, natural rubber and gum production fell to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt decline. The growth pace was the most rapid in 2017 when the production volume increased by 18%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Thailand (X tons), Indonesia (X tons) and Vietnam (X tons), together comprising 84% of total production. Malaysia, the Philippines, Cambodia and Myanmar lagged somewhat behind, together accounting for a further 14%.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of +19.0%), while production for the other leaders experienced more modest paces of growth.

The average natural rubber and gum yield stood at X tons per ha in 2022, almost unchanged from the year before. In general, the yield, however, saw a slight slump. The pace of growth was the most pronounced in 2017 with an increase of 4.2% against the previous year. Over the period under review, the natural rubber and gum yield reached the peak level at X tons per ha in 2012; however, from 2013 to 2022, the 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.

In 2022, approx. X ha of natural rubber and gums were harvested in South-Eastern Asia; leveling off at the previous year's figure. The harvested area increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2014 when the harvested area increased by 5.4%. Over the period under review, the harvested area dedicated to natural rubber and gum production reached the peak figure at X ha in 2021, and then declined in the following year.

Exports of Natural Rubber And Gums

Exports in South-Eastern Asia

In 2022, after two years of growth, there was significant decline in overseas shipments of natural rubber and gums, when their volume decreased by -7.5% to X tons. The total export volume increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 12% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then fell in the following year.

In value terms, natural rubber and gum exports fell to $X in 2022. In general, exports recorded a pronounced downturn. The pace of growth was the most pronounced in 2017 when exports increased by 40%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Thailand represented the main exporter of natural rubber and gums in South-Eastern Asia, with the volume of exports resulting at X tons, which was near 77% of total exports in 2022. It was distantly followed by Vietnam (X tons) and Lao People's Democratic Republic (X tons), together making up an 18% share of total exports. Malaysia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to natural rubber and gum exports from Thailand stood at +1.5%. At the same time, Lao People's Democratic Republic (+37.5%), Vietnam (+13.6%) and Malaysia (+6.3%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +37.5% from 2012-2022. While the share of Vietnam (+8.4 p.p.) and Lao People's Democratic Republic (+4.5 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Thailand (-13.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest natural rubber and gum supplier in South-Eastern Asia, comprising 78% of total exports. The second position in the ranking was taken by Vietnam ($X), with a 13% share of total exports. It was followed by Malaysia, with a 5.5% share.

In Thailand, natural rubber and gum exports declined by an average annual rate of -3.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Vietnam (+7.4% per year) and Malaysia (-2.9% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, declining by -3.9% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2017 when the export price increased by 26%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Malaysia ($X per ton), while Lao People's Democratic Republic ($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 (-5.1%), while the other leaders experienced a decline in the export price figures.

Imports of Natural Rubber And Gums

Imports in South-Eastern Asia

In 2022, natural rubber and gum imports in South-Eastern Asia declined rapidly to X tons, reducing by -32.2% against 2021. Overall, imports, however, recorded slight growth. The most prominent rate of growth was recorded in 2017 when imports increased by 74%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, natural rubber and gum imports expanded slightly to $X in 2022. In general, imports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2017 when imports increased by 34% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Malaysia prevails in imports structure, accounting for X tons, which was near 88% of total imports in 2022. Indonesia (X tons) took the second position in the ranking, followed by Vietnam (X tons). All these countries together held approx. 11% share of total imports.

Imports into Malaysia increased at an average annual rate of +1.1% from 2012 to 2022. At the same time, Vietnam (+19.9%) and Indonesia (+3.4%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +19.9% from 2012-2022. From 2012 to 2022, the share of Vietnam increased by +4.3 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X) constitutes the largest market for imported natural rubber and gums in South-Eastern Asia, comprising 91% of total imports. The second position in the ranking was taken by Indonesia ($X), with a 4.6% share of total imports.

In Malaysia, natural rubber and gum imports shrank by an average annual rate of -4.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Indonesia (-0.4% per year) and Vietnam (+17.0% per year).

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, rising by 50% against the previous year. Over the period under review, the import price, however, showed a abrupt downturn. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($X per ton), while Vietnam ($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 (-2.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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