Industry Overview

World Rubber Production, Consumption and Trade

Production

• The total world production of rubber in 2019 declined by 1.3% to 28.8 million tonnes from 29.2 million tonnes in 2018.
• The ratio of natural rubber (NR) to synthetic rubber (SR) produced in 2019 was 47:53. Malaysia ranked seventh in the world for rubber production.

 

Consumption

• World consumption of rubber in 2019 declined by 0.5% to 29.0 million tonnes from 29.2 million tonnes in 2018.
• The ratio of NR to SR consumed in 2019 was 47:53. China, USA, India, Japan, Thailand, Malaysia, Indonesia, Brazil, Germany and Russia were the top 10 consumers of rubber in 2019.

 

Trade

• Global imports of rubber declined by 3.6% to 22.2 million tonnes in 2019 from 23.0 million tonnes in 2018 while exports of rubber reduced to 21.5 million tonnes from 21.9 million tonnes during the same period.

 

Source: International Rubber Study Group (IRSG)

 

Source: International Rubber Study Group (IRSG)