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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Get the latest insights on price movement and trend analysis of Natural Rubber in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).
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During the second quarter of 2024, the silicone rubber prices in the United States reached 9463 USD/MT in June. The market for USA saw a noticeable price increase due to growing energy and output costs, alongside strong the need from the vehicle and building sectors. Despite Boeing’s distribution issues, stable inventory and robust sector performance supported the overall favorable pricing trend.
Product
| Category | Region | Price |
---|---|---|---|
Silicone Rubber | Chemical | USA | 9463 USD/MT |
Silicone Rubber | Chemical | Germany | 9723 USD/MT |
Explore IMARC’s newly published report, titled “Silicone Rubber Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of silicone rubber pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
As of April 2022, the price per kilogram of rubber at the Tokyo Commodity Exchange in Japan amounted to approximately ***** U.S. cents. The price decreased compared to ***** 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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The USA natural rubber market experienced notable price fluctuations in Q1 2025, influenced by supply dynamics, global trade policies, and demand-side uncertainties. January began with a sharp price decline due to ample supply, competitive offers from Asian suppliers, and high inventory levels. Buyers held significant leverage, securing favorable Q1 contracts amid weak consumer demand and economic caution, as reflected in a 1.2% drop in retail sales.
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Rubber Price: Monthly Avg: Natural: Graded LATEX data was reported at 22,632.000 INR/100 kg in Mar 2025. This records a decrease from the previous number of 22,727.000 INR/100 kg for Feb 2025. Rubber Price: Monthly Avg: Natural: Graded LATEX data is updated monthly, averaging 13,973.000 INR/100 kg from Apr 1988 (Median) to Mar 2025, with 443 observations. The data reached an all-time high of 44,438.000 INR/100 kg in Aug 2013 and a record low of 4,787.000 INR/100 kg in Apr 1988. Rubber Price: Monthly Avg: Natural: Graded LATEX 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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During the last quarter of 2024, the isoprene rubber prices in the United States reached 3680 USD/MT in December. The market had to deal with logistical challenges, shifting economic conditions, and varying demand. Restrictive lending regulations caused overstock and stifled consumer interest in downstream industries like the automotive sector, even as supplier engagement increased.
Product
| Category | Region | Price |
---|---|---|---|
Isoprene Rubber | Elastomer | USA | 3680 USD/MT |
Explore IMARC’s newly published report, titled “Isoprene Rubber Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of isoprene rubber pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
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.
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Get the latest insights on price movement and trend analysis of Silicone Rubber in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).
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United States - Producer Price Index by Commodity: Rubber and Plastic Products: Synthetic Rubber, Including Styrene-Butadiene Rubber (SBR) and Ethylene Propylene was 257.34600 Index 1982=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Rubber and Plastic Products: Synthetic Rubber, Including Styrene-Butadiene Rubber (SBR) and Ethylene Propylene reached a record high of 302.90000 in August of 2011 and a record low of 3.80000 in June of 1932. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Rubber and Plastic Products: Synthetic Rubber, Including Styrene-Butadiene Rubber (SBR) and Ethylene Propylene - last updated from the United States Federal Reserve on July of 2025.
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Why did the Neoprene Rubber Price Change in May 2025? The Neoprene Rubber Price Index in North America declined by 2.30% on a quarter-over-quarter basis in Q1 2025.
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Graph and download economic data for Producer Price Index by Industry: Synthetic Rubber Manufacturing (PCU325212325212) from Jan 1965 to May 2025 about synthetic, rubber, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.
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Thailand Rubber Price: STR 20: Bangkok: 2nd Month: fob data was reported at 72.100 THB/kg in 16 May 2025. This records an increase from the previous number of 69.620 THB/kg for 15 May 2025. Thailand Rubber Price: STR 20: Bangkok: 2nd Month: fob data is updated daily, averaging 55.035 THB/kg from Oct 1999 (Median) to 16 May 2025, with 6156 observations. The data reached an all-time high of 179.250 THB/kg in 15 Feb 2011 and a record low of 36.700 THB/kg in 03 Apr 2020. Thailand Rubber Price: STR 20: Bangkok: 2nd 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]
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Why did the Epichlorohydrin Rubber Price Change in May 2025? The Epichlorohydrin Rubber Price Index in North America showed a clear downward trend in Q1 2025, primarily due to low consumer confidence and seasonal slowdown.
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Rubber Price: Natural: Graded LATEX data was reported at 14,160.000 INR/100 kg in Apr 2025. This records an increase from the previous number of 13,770.000 INR/100 kg for Mar 2025. Rubber Price: Natural: Graded LATEX data is updated monthly, averaging 8,745.000 INR/100 kg from Jan 2002 (Median) to Apr 2025, with 279 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.
In fiscal year 2024, the Wholesale Price Index for rubber products stood at 107.3, indicating that the prices for these commodities had increased by about six percent from the base year of 2012. One of the reasons for the decrease in prices in the previous years was the exemptions on Goods and Services Tax for rubber and tire products.
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Get the latest insights on price movement and trend analysis of Chloroprene Rubber in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).
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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The halo butyl rubber prices in the United States for Q2 2024 reached 2360 USD/MT in June. The prices for diphenhydramine hydrochloride in the region fluctuated significantly due to seasonal demand declines, reduced automotive and construction activity, and stable crude oil rates that limited raw material cost support. Increased production and slow consumption led to supply excess, contributing to bearish market conditions.
Product
| Category | Region | Price |
---|---|---|---|
Halo Butyl Rubber | Elastomer | United States | 2360 USD/MT |
Halo Butyl Rubber | Elastomer | Japan | 2930 USD/MT |
Halo Butyl Rubber | Elastomer | Germany | 2900 USD/MT |
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Why did the Silicone Rubber Price Change in May 2025? The Silicone Rubber Price Index in North America saw a quarter-on-quarter decline of 1.62% in Q1 2025. January opened with upward momentum, fueled by tight supply, firm feedstock prices, and consistent demand from construction, aerospace, and electronics sectors.
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.