Natural rubber is widely used and has become one of the four major industrial raw materials along with oil, iron ore and non-ferrous metals. According to the analysis of CRI, thanks to the hot and humid climate and traditional industrial base of Southeast Asia, Southeast Asia has been the main production area of natural rubber in the world. Thailand, Indonesia, Malaysia and Vietnam are the world’s leading natural rubber producers, among which, Thailand is the world’s largest natural rubber producer, with production accounting for about one-third of global output. Myanmar, Cambodia, Laos and the Philippines also have a certain scale of natural rubber cultivation.

With the economic development in Southeast Asia, the demand for natural rubber from various industries has grown, promoting the development of natural rubber industry in Southeast Asia.

Southeast Asia in this report includes 10 countries: Singapore, Thailand, Philippines, Malaysia, Indonesia, Vietnam, Myanmar, Brunei, Laos and Cambodia. With a total population of over 600 million by the end of 2021, Southeast Asia has an overall economic growth rate higher than the global average and is one of the key drivers of future global economic growth.

According to CRI’s analysis, the economic levels of the 10 Southeast Asian countries vary greatly, with Singapore being the only developed country with a per capita GDP of about US$73,000 in 2021. While Myanmar and Cambodia will have a GDP per capita of less than US$2,000 in 2021. The population and minimum wage levels of each country also vary greatly. Brunei, which has the smallest population, will have a total population of less than 500,000 people in 2021, while Indonesia, which has the largest population, will have a population of about 275 million people in 2021.

CRI expects the natural rubber industry in Southeast Asia to maintain growth from 2023-2032. On the one hand, the demand for natural rubber in the economic development of Southeast Asia is gradually rising, and on the other hand, with the continuous development of global automotive tires and industries, the increase in demand for natural rubber will also drive the expansion of Southeast Asia’s natural rubber industry to meet export demand.

Topics covered:

• Southeast Asia Natural Rubber Industry Status and Major Sources in 2018-2022
• What is the Impact of COVID-19 on Southeast Asia Natural Rubber Industry?
• Which Companies are the Major Players in Southeast Asia Natural Rubber Industry Market and What are their Competitive Benchmarks?
• Key Drivers and Market Opportunities in Southeast Asia Natural Rubber Industry
• What are the Key Drivers, Challenges, and Opportunities for Southeast Asia Natural Rubber Industry during 2023-2032?
• What is the Expected Revenue of Southeast Asia Natural Rubber Industry during 2023-2032?
• What are the Strategies Adopted by the Key Players in the Market to Increase Their Market Share in the Industry?
• What are the Competitive Advantages of the Major Players in Southeast Asia Natural Rubber Industry Market?
• Which Segment of Southeast Asia Natural Rubber Industry is Expected to Dominate the Market in 2032?
• What are the Major Adverse Factors Facing Southeast Asia Natural Rubber Industry?

Table of Contents

1 Analysis of the Natural Rubber Industry in Singapore

1.1 Singapore Natural Rubber Industry Development Environment

1.1.1 Geography

1.1.2 Population

1.1.3 Economy

1.1.4 Minimum Wage in Singapore

1.2 Singapore Natural Rubber Industry Operation 2018-2022

1.2.1 Singapore Natural Rubber Industry Production Status

1.2.2 Singapore Natural Rubber Industry Sales Status

1.2.3 Singapore Natural Rubber Industry Import and Export Status

1.3 Analysis of Major Natural Rubber Producers and Traders in Singapore

2 Analysis of Thailand Natural Rubber Industry

2.1 Development Environment of Thailand Natural Rubber Industry

2.1.1 Geography

2.1.2 Population

2.1.3 Economy

2.1.4 Minimum Wage in Thailand

2.2 Thailand Natural Rubber Industry Operation 2018-2022

2.2.1 Thailand Natural Rubber Industry Production Status

2.2.2 Thailand Natural Rubber Industry Sales Status

2.2.3 Thailand Natural Rubber Industry Import and Export Status

2.3 Major Natural Rubber Producers and Traders in Thailand

3 Analysis of Natural Rubber Industry in the Philippines

3.1 Development Environment of Natural Rubber Industry in the Philippines

3.1.1 Geography

3.1.2 Population

3.1.3 Economy

3.1.4 Minimum Wage in the Philippines

3.2 Philippine Natural Rubber Industry Operation 2018-2022

3.2.1 Production Status of Natural Rubber Industry in the Philippines

3.2.2 Sales Status of Natural Rubber Industry in Philippines

3.2.3 Import and Export Status of Natural Rubber Industry in the Philippines

3.3 Major Natural Rubber Producers and Traders in the Philippines

4 Malaysia Natural Rubber Industry Analysis

4.1 Development Environment of Malaysia Natural Rubber Industry

4.1.1 Geography

4.1.2 Population

4.1.3 Economy

4.1.4 Minimum Wage in Malaysia

4.2 Malaysia Natural Rubber Industry Operation 2018-2022

4.2.1 Malaysia Natural Rubber Industry Production Status

4.2.2 Malaysia Natural Rubber Industry Sales Status

4.2.3 Malaysia Natural Rubber Industry Import and Export Status

4.3 Major Natural Rubber Production and Trading Enterprises in Malaysia

5 Indonesia Natural Rubber Industry Analysis

5.1 Development Environment of Indonesia Natural Rubber Industry

5.1.1 Geography

5.1.2 Population

5.1.3 Economy

5.1.4 Minimum Wage in Indonesia

5.2 Indonesia Natural Rubber Industry Operation 2018-2022

5.2.1 Indonesia Natural Rubber Industry Production Status

5.2.2 Indonesia Natural Rubber Industry Sales Status

5.2.3 Indonesia Natural Rubber Industry Import and Export Status

5.3 Major Natural Rubber Producers and Traders in Indonesia

6 Vietnam Natural Rubber Industry Analysis

6.1 Development Environment of Natural Rubber Industry in Vietnam

6.1.1 Geography

6.1.2 Population

6.1.3 Economy

6.1.4 Minimum Wage in Vietnam

6.2 Vietnam Natural Rubber Industry Operation 2018-2022

6.2.1 Vietnam Natural Rubber Industry Production Status

6.2.2 Vietnam Natural Rubber Industry Sales Status

6.2.3 Import and Export Status of Vietnam Natural Rubber Industry

6.3 Major Natural Rubber Production and Trading Enterprises in Vietnam

7 Analysis of Natural Rubber Industry in Myanmar

7.1 Development Environment of Myanmar Natural Rubber Industry

7.1.1 Geography

7.1.2 Population

7.1.3 Economy

7.1.4 Minimum Wage in Myanmar

7.2 Myanmar Natural Rubber Industry Operation 2018-2022

7.2.1 Myanmar Natural Rubber Industry Production Status

7.2.2 Sales Status of Myanmar Natural Rubber Industry

7.2.3 Import and Export Status of Myanmar Natural Rubber Industry

7.3 Major Natural Rubber Producers and Traders in Myanmar

8 Brunei Natural Rubber Industry Analysis

8.1 Development Environment of Brunei Natural Rubber Industry

8.1.1 Geography

8.1.2 Population

8.1.3 Economy

8.1.4 Brunei Minimum Wage

8.2 Brunei Natural Rubber Industry Operation 2018-2022

8.2.1 Brunei Natural Rubber Industry Production Status

8.2.2 Brunei Natural Rubber Industry Sales Status

8.2.3 Import and Export Status of Brunei Natural Rubber Industry

8.3 Major Natural Rubber Producers and Traders in Brunei

9 Laos Natural Rubber Industry Analysis

9.1 Development Environment of Natural Rubber Industry in Laos

9.1.1 Geography

9.1.2 Population

9.1.3 Economy

9.1.4 Minimum Wage in Laos

9.2 Laos Natural Rubber Industry Operation 2018-2022

9.2.1 Production Status of Natural Rubber Industry in Laos

9.2.2 Laos Natural Rubber Industry Sales Status

9.2.3 Import and Export Status of Laos Natural Rubber Industry

9.3 Major Natural Rubber Producers and Traders in Laos

10 Cambodia Natural Rubber Industry Analysis

10.1 Development Environment of Cambodia Natural Rubber Industry

10.1.1 Geography

10.1.2 Population

10.1.3 Economy

10.1.4 Minimum Wage in Cambodia

10.2 Cambodia Natural Rubber Industry Operation 2018-2022

10.2.1 Production Status of Natural Rubber Industry in Cambodia

10.2.2 Cambodia Natural Rubber Industry Sales Status

10.2.3 Cambodia Natural Rubber Industry Import and Export Status

10.3 Major Natural Rubber Producers and Traders in Cambodia

11 Southeast Asia Natural Rubber Industry Outlook 2023-2032

11.1 Southeast Asia Natural Rubber Industry Development Influencing Factors Analysis

11.1.1 Favorable Factors

11.1.2 Unfavorable Factors

11.2 Southeast Asia Natural Rubber Industry Supply Forecast 2023-2032

11.3 Southeast Asia Natural Rubber Industry Manufacturing Market Demand Forecast 2023-2032

11.4 Impact of COVID -19 Outbreak on Natural Rubber Industry

The post Research Report on Southeast Asia Natural Rubber Industry 2023-2032 first appeared on CRI Report.

China is a major global producer of rubber products, and China produces and exports a large amount of rubber products, such as automobile tires, every year. Since China’s local supply of natural rubber is insufficient, China needs to import a large amount of natural rubber every year.

In 2021, China imported 2.386 million tons of natural rubber, up 3.8% year-on-year, and the import value was US$3.86 billion, up 25.4% year-on-year. According to CRI’s analysis, in the first three quarters of 2022, China imported 1.838 million tons of natural rubber, up 10.3% year-on-year, and the import value was US$2.99 billion, up 11.1% year-on-year.

CRI analysis, in 2018-2020, the average price of China’s natural rubber imports remained in the range of US$1,300-1,400 per ton, which is generally relatively stable. 2021, the average price of China’s natural rubber imports rose to US$1,617.4 per ton, an increase of 20.8% y-o-y. In the first three quarters of 2022, the average price of China’s natural rubber imports was US$1,627.8 per ton, an increase of 0.8% y-o-y. The average price of Chinese natural rubber imports in the first three quarters of 2022 was US$1,627.8 per ton, up 0.8% year-on-year.

The four main types of natural rubber imported into China are natural rubber latex, smoked sheets, technically specified natural rubber (TSNR) and other shapes of natural rubber. According to CRI’s analysis, the main type of natural rubber imported into China in 2021 is technically specified natural rubber (TSNR). 1.448 million tons of technically specified natural rubber were imported into China in 2021, accounting for 60.7% of the total import volume and US$2.47 billion, accounting for 64.1% of the total import value in that year.

Southeast Asian countries are the main sources of natural rubber imports for China. According to CRI’s analysis, in 2021, China’s major sources of natural rubber imports by import volume were Thailand, Malaysia, Cote d’Ivoire, Vietnam and Indonesia. Among them, Thailand is China’s largest natural rubber import source. 2021, China imported 1.129 million tons of natural rubber from Thailand, accounting for 51.1% of the total natural rubber import volume and US$1.99 billion in import value, accounting for 51.7% of natural rubber import value.

As China’s economy grows, market demand for natural rubber continues to be released. China has been the world’s largest natural rubber consumer for many years, but China’s domestic natural rubber production capacity can only meet less than half of the domestic market demand, and most natural rubber needs to rely on imports. CRI expects that China’s natural rubber imports are expected to continue to grow in 2023-2032.

Topics covered:

• China’s Natural Rubber Import Status and Major Sources in 2018-2022
• What is the Impact of COVID-19 on China’s Natural Rubber Import?
• Which Companies are the Major Players in China’s Natural Rubber Import Market and What are their Competitive Benchmarks?
• Key Drivers and Market Opportunities in China’s Natural Rubber Import
• What are the Key Drivers, Challenges, and Opportunities for China’s Natural Rubber Import during 2023-2032?
• What is the Expected Revenue of China’s Natural Rubber Import during 2023-2032?
• What are the Strategies Adopted by the Key Players in the Market to Increase Their Market Share in the Industry?
• What are the Competitive Advantages of the Major Players in China’s Natural Rubber Import Market?
• Which Segment of China’s Natural Rubber Import is Expected to Dominate the Market in 2032?
• What are the Major Adverse Factors Facing China’s Natural Rubber Import?

The post Research Report on China’s Natural Rubber Import 2023-2032 first appeared on CRI Report.

Natural rubber is an elastic solid made from natural latex collected from rubber trees, and then made through a series of processing procedures such as coagulation and drying. It is also a natural polymer compound with cis-1,4-polyisoprene as its main component.

Rubber tree belongs to the typical tropical rainforest species with a preference for high temperature and humidity, growing at temperatures between 23-35℃. In terms of growing environment, Vietnam has natural advantages in rubber tree planting due to its unique geographical conditions. In 2021, the national rubber tree planting area of Vietnam is about 1 million hectares, and its planting areas are mainly concentrated in the southeast and central highlands, of which the largest planting area in the southeast is about 572,000 hectares, accounting for 58.3% of the national planting area.

In Vietnam, small rubber farms have become one of the most important parts of the rubber industry, according to CRI’s analysis. Especially in the production of natural rubber, the supply of small rubber farms accounts for more than 60% of the total production.

Vietnam’s natural rubber export volume is huge and ranks the third in the world. In the total export volume of Vietnam’s agricultural products, natural rubber export volume is second only to food, and natural rubber is one of the important agricultural products exported by Vietnam. The main export markets of Vietnam’s natural rubber are China, India and South Korea, among which, China occupies the largest proportion. In 2021, Vietnam exported about 1.52 million tons of rubber to China, accounting for about 71% of the total export volume.

In addition, the natural rubber industry in Vietnam features that the production of natural rubber in Vietnam is lower than the export volume. In 2021, its production of natural rubber was only 1.23 million tons, which was 0.9 million tons less compared with the export volume. This is because Vietnam’s enterprises actively plant rubber trees not only within their own territory, but also in neighboring countries such as Cambodia and Laos respectively, which are harvested and transported to Vietnam for preliminary processing before export. The production of natural rubber outside Vietnam is not included in the annual production of Vietnam itself, thus causing this unique phenomenon.

Exports value of rubber processed products in 2020 amounted to about USD3.11 billion, or 39.6% of the total value. The export value of rubber wood was USD2.36 billion, accounting for 30.1%. China has become the largest market for Vietnam’s rubber exports, accounting for more than half of the country’s rubber exports. In 2021, Vietnam’s rubber exports value had reached USD3.43 billion.

According to CRI’s analysis, Vietnam’s rubber enterprises are expanding their sales markets and improving the production of Vietnam’s rubber industry. Due to the wide range of downstream uses of natural rubber and huge global demand, there are many investment opportunities in both cultivation and trade of natural rubber. CRI expects Vietnam’s natural rubber exports to continue to grow in 2022-2031.

Topics covered:

• Overview of Vietnam’s Natural Rubber Industry
• Economic and Policy Environment of Vietnam’s Natural Rubber Industry
• What is the impact of COVID-19 on the natural rubber industry in Vietnam?
• Vietnam’s Natural Rubber Market Size, 2016-2021
• Import and Export Analysis of Natural Rubber in Vietnam
• Analysis of Vietnam’s Major Natural Rubber Plantation and Processing Enterprises
• Key Drivers and Market Opportunities in Vietnam’s Natural Rubber Industry
• What are the key drivers, challenges, and opportunities for Vietnam’s natural rubber industry during 2022-2031?
• What is the expected revenue of Vietnam’s natural rubber market during 2022-2031?
• Which segment of Vietnam’s natural rubber market is expected to dominate the market in 2031?
• What are the major adverse factors facing the natural rubber industry in Vietnam?
• Forecast on Vietnam’s Natural Rubber Market, 2022-2031

The post Research Report on Vietnam Natural Rubber Industry, 2022-2031 first appeared on CRI Report.