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2 clusters · 2 sources · 17 days · First seen · Last updated
Global natural rubber market supply and demand trends
Overview
Global natural rubber prices have reached nine-year highs, driven by supply disruptions in Southeast Asia. In Thailand, heavy rainfall has hindered tapping activities and impacted industrial supply chains for automotive manufacturers. Additionally, the El Niño phenomenon is expected to threaten agricultural production through extreme weather patterns.
While Vietnam has seen a 12.1% increase in average export prices, its export volume to China fell by approximately 19% during the first eight months of 2026, resulting in a reduced market share.
Long-term projections suggest the global market will grow to $35.06 billion by 2032, fueled by demand from the electric vehicle sector and medical supplies. However, the market faces significant constraints, with global consumption projected to exceed production by approximately 317,000 tons in 2026. Ongoing risks include labor shortages, aging plantations, and delayed replanting efforts.
Entities
Timeline
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[BUSINESS] 2 sourcesGlobal natural rubber market projected to reach $35.06 billion by 2032
The global natural rubber market is forecast to reach $35.06 billion by 2032, driven by EV tire demand and sustainability, despite looming supply constraints and weather-related risks.
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[BUSINESS] 9 sourcesNatural rubber prices rise amid Southeast Asian supply risks
Global natural rubber prices are hitting nine-year highs as El Niño and heavy rains in Southeast Asia disrupt supply, though Vietnam faces declining market share in China.
Sources
dreamnews.jp · mimemo.io