As of January 2025, the average monthly global price of rubber was 2.37 U.S. dollars per kilogram. The average annual price of natural rubber at the Singapore Commodity Exchange in 2024 was 2.28 U.S. dollars per kilogram. Rubber as a commodity: many end uses Rubber is a widely used material, in both naturally and synthetically sourced forms. Companies use it in the manufacturing of tires and tubes, rubber gloves, latex condoms, erasers, in adhesives and coatings, nozzles, as elastic material in clothing, and more. Accordingly, rubber is an important commodity due to its numerous uses in everyday items. Rubber prices and rubber producers As with other internationally traded commodities that have relatively low market prices, low rubber prices have a negative impact on the rubber producers themselves. The resulting issues of poverty for natural rubber producers has led to the creation of the Fair Rubber Association (FRA), which is a multi-stakeholder association that aims to improve the lives and working conditions of the primary producers by utilizing Fair Trade principles.
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Rubber increased 2.60 US Cents/kg or 1.32% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Rubber - values, historical data, forecasts and news - updated on March of 2025.
As of April 2022, the price per kilogram of rubber at the Tokyo Commodity Exchange in Japan amounted to approximately 124.8 U.S. cents. The price decreased compared to 166.8 cents in April of the previous year.
Influences on the rubber price in Japan At the beginning of 2020, manufacturing ceased worldwide due to the global COVID-19 pandemic. When production resumed, the demand for raw materials such as rubber increased, and the rubber price rose as well. At the end of 2021 and beginning of 2022 the rubber price peaked due to concerns of a rubber shortage as a result of the pandemic. Other factors that kept rubber prices up were supply chain disruptions and labor shortages in rubber-producing countries due to the pandemic. Furthermore, the demand for rubber increased as rubber products such as rubber gloves were more needed.
Rubber industry in Japan Industrial supplies and vehicle tires represented major products manufactured by the rubber industry. Japan's rubber industry has a strong position in automotive products since it is an important supplier of tires. Bridgestone ranked as the largest rubber company in Japan. In recent years, the Tokyo-based company was one of the largest global rubber tire producers, but it also produced a wide range of other rubber-based products such as rubber belts and hoses.
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Thailand Rubber Price: TRA: Field Latex data was reported at 66.300 THB/kg in 26 Mar 2025. This records an increase from the previous number of 66.000 THB/kg for 25 Mar 2025. Thailand Rubber Price: TRA: Field Latex data is updated daily, averaging 52.000 THB/kg from Apr 2003 (Median) to 26 Mar 2025, with 4762 observations. The data reached an all-time high of 168.000 THB/kg in 21 Feb 2011 and a record low of 25.000 THB/kg in 15 Dec 2008. Thailand Rubber Price: TRA: Field Latex data remains active status in CEIC and is reported by The Thai Rubber Association. The data is categorized under World Trend Plus’s Commodity Market – Table TH.P013: Rubber Price: Thai Rubber Association (TRA). [COVID-19-IMPACT]
As of July 2023, the average price of Standard Indonesian Rubber (SIR) 20 was 1.3 U.S. dollars per kilogram. February 2022 saw the highest value during the measured period with 1.80 U.S. dollars per kilogram. Indonesia is the second-largest rubber producer globally and the natural rubber SIR 20 is the most exported rubber type from the country.
The average price of rubber at the Singapore Commodity Exchange (SICOM) in 2024 was 2.28 U.S. dollars per kilogram. Between 2010 and 2024, the average price of rubber reached a high in 2011 of 4.82 U.S. dollars per kilogram. In 2024, the highest monthly price of rubber was in September, at 2.65 U.S. dollars per kilogram.
Rubber prices and producers worldwide
Global rubber prices have experienced significant fluctuations in the 21st century, peaking in 2011 due to a higher demand from emerging markets, and supply constraints. These prices gradually recovered due to an increase in rubber tree cultivation and a slowdown in global demand. The increase in synthetic rubber production in China and the United States over the last two decades has similarly helped facilitate the stabilization of the global price of natural rubber through a supply increase.
In 2023, Thailand was the largest natural rubber exporter in the world, with an export value totaling 3.6 billion U.S. dollars. This accounted for roughly 30 percent of the global value of natural rubber exports in 2023. The second-largest exporter in 2023 was Indonesia, which exported 2.5 billion U.S. dollars of natural rubber.
Supply constraints of rubber
Accounting for about half of global rubber production, natural rubber is an agricultural product produced from rubber trees in Southeast Asia, home to the most natural rubber exporting countries worldwide. Being an agricultural product, the trees take numerous years to mature before being harvested, a process dependent on climate and weather conditions.
The amount of replanted rubber trees in Thailand, the largest exporter of natural rubber, has decreased year-on-year since 2019 due to a slowdown in global demand. However, land-use for natural rubber harvest area is forecast to increase globally year-over-year, reaching a maximum additional 5.1 million hectares in 2030.
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Graph and download economic data for Global price of Rubber (PRUBBUSDM) from Jan 1990 to Feb 2025 about rubber, World, and price.
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Thailand Rubber Price: RSS 3: Bangkok: 1st Month: fob data was reported at 82.790 THB/kg in 26 Mar 2025. This records a decrease from the previous number of 82.860 THB/kg for 25 Mar 2025. Thailand Rubber Price: RSS 3: Bangkok: 1st Month: fob data is updated daily, averaging 64.750 THB/kg from Oct 1999 (Median) to 26 Mar 2025, with 6165 observations. The data reached an all-time high of 198.550 THB/kg in 21 Feb 2011 and a record low of 41.700 THB/kg in 12 Jan 2016. Thailand Rubber Price: RSS 3: Bangkok: 1st Month: fob data remains active status in CEIC and is reported by Rubber Authority of Thailand. The data is categorized under World Trend Plus’s Commodity Market – Table TH.P012: Rubber Price: Rubber Research Institute of Thailand. [COVID-19-IMPACT]
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In 2024, after three years of growth, there was decline in the Nigerien natural rubber market, when its value decreased by -1.9% to $85M. Overall, consumption continues to indicate a slight slump. Over the period under review, the market hit record highs at $105M in 2012; however, from 2013 to 2024, consumption remained at a lower figure.
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The Ghanian natural rubber market amounted to $150M in 2024, surging by 11% against the previous year. Overall, consumption saw a resilient expansion. Over the period under review, the market reached the peak level at $164M in 2022; however, from 2023 to 2024, consumption failed to regain momentum.
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Rubber Price: Natural: Graded RSS4 data was reported at 19,100.000 INR/100 kg in Jan 2025. This records an increase from the previous number of 18,800.000 INR/100 kg for Dec 2024. Rubber Price: Natural: Graded RSS4 data is updated monthly, averaging 13,065.000 INR/100 kg from Jan 2002 (Median) to Jan 2025, with 276 observations. The data reached an all-time high of 23,830.000 INR/100 kg in Apr 2011 and a record low of 3,209.000 INR/100 kg in Feb 2002. Rubber Price: Natural: Graded RSS4 data remains active status in CEIC and is reported by Rubber Board. The data is categorized under Global Database’s India – Table IN.PG003: Memo Items: Rubber Price.
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Rubber Price: Monthly Avg: Natural: Graded RSS1 data was reported at 21,071.000 INR/100 kg in Feb 2025. This records an increase from the previous number of 20,530.000 INR/100 kg for Jan 2025. Rubber Price: Monthly Avg: Natural: Graded RSS1 data is updated monthly, averaging 8,487.500 INR/100 kg from Apr 1988 (Median) to Feb 2025, with 442 observations. The data reached an all-time high of 26,235.000 INR/100 kg in Aug 2024 and a record low of 1,868.000 INR/100 kg in Feb 1989. Rubber Price: Monthly Avg: Natural: Graded RSS1 data remains active status in CEIC and is reported by Rubber Board. The data is categorized under India Premium Database’s Price – Table IN.PG003: Memo Items: Rubber Price.
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Rubber Price: Natural: Graded LATEX data was reported at 13,630.000 INR/100 kg in Feb 2025. This records a decrease from the previous number of 13,971.000 INR/100 kg for Jan 2025. Rubber Price: Natural: Graded LATEX data is updated monthly, averaging 8,739.000 INR/100 kg from Jan 2002 (Median) to Feb 2025, with 277 observations. The data reached an all-time high of 17,077.000 INR/100 kg in Jul 2024 and a record low of 2,779.000 INR/100 kg in Jan 2002. Rubber Price: Natural: Graded LATEX data remains active status in CEIC and is reported by Rubber Board. The data is categorized under Global Database’s India – Table IN.PG003: Memo Items: Rubber Price.
This statistic depicts the average monthly prices for rubber worldwide from January 2014 through January 2025. In January 2025, the average monthly price for TSR20 rubber worldwide stood at 1.93 nominal U.S. dollars per kilogram.
In 2024, the average price of grade three ribbed smoked sheet rubber from the Bangkok market in Thailand was averaged over 67 Thai baht per kilogram. In comparison, concentrated latex was sold at approximately 45 Thai baht per kilogram in the country.
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Rubber Price: Natural: Graded RSS5 data was reported at 18,692.000 INR/100 kg in Feb 2025. This records a decrease from the previous number of 18,700.000 INR/100 kg for Jan 2025. Rubber Price: Natural: Graded RSS5 data is updated monthly, averaging 12,592.000 INR/100 kg from Jan 2002 (Median) to Feb 2025, with 277 observations. The data reached an all-time high of 23,530.000 INR/100 kg in Apr 2011 and a record low of 3,079.000 INR/100 kg in Mar 2002. Rubber Price: Natural: Graded RSS5 data remains active status in CEIC and is reported by Rubber Board. The data is categorized under Global Database’s India – Table IN.PG003: Memo Items: Rubber Price.
This statistic depicts the average annual prices for Malaysian rubber from 2014 through 2026*. In 2023, the average price for Malaysian rubber stood at 1.38 nominal U.S. dollars per kilogram.
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Nigeria Commodity Price: Rubber data was reported at 1.750 USD/kg in Jun 2024. This records an increase from the previous number of 1.690 USD/kg for May 2024. Nigeria Commodity Price: Rubber data is updated monthly, averaging 1.840 USD/kg from Jan 2010 (Median) to Jun 2024, with 174 observations. The data reached an all-time high of 6.260 USD/kg in Feb 2011 and a record low of 1.230 USD/kg in Jan 2016. Nigeria Commodity Price: Rubber data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.P001: Commodity Prices.
In 2024, the price of SMR 20 rubber in Malaysia reached 7.61 Malaysian ringgit per kilogram. This was an increase from 6.23 Malaysian ringgit per kilogram in the previous year. Malaysia is one of the leading natural rubber producers in the world.
In the second half of 2023, the natural rubber price in Thailand was 47.85 Thai baht per kilogram. The lowest price of natural rubber during the examined period was spotted in the first half of 2020 at 37.45 Thai baht per kilogram.
As of January 2025, the average monthly global price of rubber was 2.37 U.S. dollars per kilogram. The average annual price of natural rubber at the Singapore Commodity Exchange in 2024 was 2.28 U.S. dollars per kilogram. Rubber as a commodity: many end uses Rubber is a widely used material, in both naturally and synthetically sourced forms. Companies use it in the manufacturing of tires and tubes, rubber gloves, latex condoms, erasers, in adhesives and coatings, nozzles, as elastic material in clothing, and more. Accordingly, rubber is an important commodity due to its numerous uses in everyday items. Rubber prices and rubber producers As with other internationally traded commodities that have relatively low market prices, low rubber prices have a negative impact on the rubber producers themselves. The resulting issues of poverty for natural rubber producers has led to the creation of the Fair Rubber Association (FRA), which is a multi-stakeholder association that aims to improve the lives and working conditions of the primary producers by utilizing Fair Trade principles.