In 2024, the average price of grade three ribbed smoked sheet rubber from the Bangkok market in Thailand was averaged over ** Thai baht per kilogram. In comparison, concentrated latex was sold at approximately ** Thai baht per kilogram in the country.
In the second half of 2023, the natural rubber price in Thailand was ***** Thai baht per kilogram. The lowest price of natural rubber during the examined period was spotted in the first half of 2020 at ***** Thai baht per kilogram.
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Rubber rose to 173.60 USD Cents / Kg on September 1, 2025, up 0.12% from the previous day. Over the past month, Rubber's price has risen 5.60%, but it is still 2.58% lower than a year ago, 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 September of 2025.
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In 2023, shipments abroad of natural rubber decreased by -30% to 773K tons, falling for the second year in a row after two years of growth.
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Thailand Rubber Price: RSS 4: Songkhla: 1st Month: fob data was reported at 79.040 THB/kg in 15 May 2025. This records a decrease from the previous number of 79.250 THB/kg for 14 May 2025. Thailand Rubber Price: RSS 4: Songkhla: 1st Month: fob data is updated daily, averaging 64.350 THB/kg from Nov 2009 (Median) to 15 May 2025, with 3664 observations. The data reached an all-time high of 198.000 THB/kg in 21 Feb 2011 and a record low of 41.150 THB/kg in 12 Jan 2016. Thailand Rubber Price: RSS 4: Songkhla: 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.P: Rubber Price: Rubber Research Institute of Thailand. [COVID-19-IMPACT]
As of February 2024, the year-on-year average price growth rate of grade three raw rubber sheet from the Hat Yai market in Thailand grew by almost ** percent. Meanwhile, the average price of Bangkok grade three ribbed smoked sheet rubber also grew by ***** percent when comparing on a year-on-year basis.
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Thailand Wholesale Price: Rubber, Number 1 data was reported at 48,250.000 THB/Metric Ton in Sep 2018. This records a decrease from the previous number of 50,050.000 THB/Metric Ton for Aug 2018. Thailand Wholesale Price: Rubber, Number 1 data is updated monthly, averaging 55,230.000 THB/Metric Ton from Jan 1996 (Median) to Sep 2018, with 273 observations. The data reached an all-time high of 191,210.000 THB/Metric Ton in Feb 2011 and a record low of 21,800.000 THB/Metric Ton in Aug 1999. Thailand Wholesale Price: Rubber, Number 1 data remains active status in CEIC and is reported by Bank of Thailand. The data is categorized under Global Database’s Thailand – Table TH.P005: Wholesale Price.
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In April 2025, the average synthetic rubber export price amounted to $1,937 per ton, increasing by 1.9% against the previous month.
The average price of rubber at the Singapore Commodity Exchange (SICOM) in 2024 was **** U.S. dollars per kilogram. Between 2010 and 2024, the average price of rubber reached a high in 2011 of **** U.S. dollars per kilogram. In 2024, the highest monthly price of rubber was in September, at **** 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 *** billion U.S. dollars. This accounted for roughly ** percent of the global value of natural rubber exports in 2023. The second-largest exporter in 2023 was Indonesia, which exported *** 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 *** million hectares in 2030.
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Thailand Rubber Auction Price: Songkhla: Ribbed Smoked Sheet 1 to 3 data was reported at 71.590 THB/kg in 15 May 2025. This records a decrease from the previous number of 72.090 THB/kg for 14 May 2025. Thailand Rubber Auction Price: Songkhla: Ribbed Smoked Sheet 1 to 3 data is updated daily, averaging 63.075 THB/kg from Jan 2001 (Median) to 15 May 2025, with 5611 observations. The data reached an all-time high of 52,997.000 THB/kg in 20 Aug 2020 and a record low of 34.120 THB/kg in 07 Jan 2016. Thailand Rubber Auction Price: Songkhla: Ribbed Smoked Sheet 1 to 3 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.P: Rubber Price: Rubber Research Institute of Thailand. [COVID-19-IMPACT]
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In April 2025, the average reclaimed rubber export price amounted to $304 per ton, with an increase of 12% against the previous month.
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In 2023, approx. 170K tons of synthetic latex rubber were imported into Thailand; almost unchanged from 2022 figures.
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In 2024, after two years of decline, there was growth in the Thai synthetic rubber market, when its value increased by 0.2% to $704M. In general, consumption saw a perceptible downturn. Over the period under review, the market hit record highs at $990M in 2012; however, from 2013 to 2024, consumption failed to regain momentum.
As of February 2024, the export value of car tires amounted to approximately *** billion U.S. dollars. This was followed by rubber gloves, amounting to around ****** million U.S. dollars. In that same period, the production of motorcycle tires contracted to a ***** percent decrease from the previous year. Thailand's export of rubber products Thailand is currently the world's leading supplier of natural rubber, with block rubber taking the highest share of exports. Overall, rubber exports from Thailand have demonstrated steady and continuous growth with only slight fluctuations. Natural rubber exports from Thailand significantly contribute to the automotive industry since the country's major trade partners are home to various global manufacturing corporations such as Bridgestone, Good Year, Michelin, and Sumitomo. Price determination and the logistics of Thai rubber exports The price of natural rubber products from Thailand varies according to the grade of the rubber and the market from which it is purchased. The cost of natural rubber from each market is determined through future pricing, which is significantly influenced by external factors, especially commodity prices, automotive market prices, and local currency fluctuations. Trade partners may purchase Thai natural rubber products from different domestic markets, such as Bangkok and Hat Yai, or international markets, such as Singapore and Tokyo. Most of the rubber sold in these markets is transported from the various ports in Thailand. Most of the ports in the southern region of the country ship to the Singapore market or directly to Malaysia, while the Bangkok or the Laem Chabang port in the central region deals with major trade partners worldwide.
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The Thai natural rubber market rose notably to $5.7B in 2024, with an increase of 14% against the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
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In April 2025, the average unvulcanised rubber export price amounted to $2,708 per ton, with a decrease of -1.5% against the previous month.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 15.51(USD Billion) |
MARKET SIZE 2024 | 16.15(USD Billion) |
MARKET SIZE 2032 | 22.3(USD Billion) |
SEGMENTS COVERED | Grade ,Application ,End-Use Industry ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Rising automotive industry Growing demand from China Limited supply and price volatility Technological advancements Sustainability concerns |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Continental AG ,Bridgestone ,Sri Trang AgroIndustry ,Cooper Tire & Rubber ,Sumitomo Rubber Industries ,Nokian Tyres ,Yokohama Rubber ,Toyo Tire & Rubber ,Pirelli ,Marangoni ,Goodyear Tire & Rubber ,Trelleborg ,Kumho Tire ,Michelin ,Hankook Tire & Technology |
MARKET FORECAST PERIOD | 2025 - 2032 |
KEY MARKET OPPORTUNITIES | Rising demand from automotive industry Increasing use in healthcare sector Growing popularity of ecofriendly products Government initiatives to promote sustainable rubber production Expansion of enduse industries in developing countries |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 4.12% (2025 - 2032) |
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20552 Global export shipment records of Natural Rubber with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
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♾️ 메콩 오픈 개발
In 2023, the producer price index (PPI) for rubber and plastic products in Thailand stood at ***** index points. The total producer price index (PPI) in the country has fluectuated over the years.
In 2024, the average price of grade three ribbed smoked sheet rubber from the Bangkok market in Thailand was averaged over ** Thai baht per kilogram. In comparison, concentrated latex was sold at approximately ** Thai baht per kilogram in the country.