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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Why did the Natural Rubber Price Change in July 2025? The natural rubber spot price in North America in Q2 2025 followed a downward trajectory overall, with an average quarter-over-quarter fluctuation of about -3% in prices
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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).
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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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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Graph and download economic data for Global price of Rubber (PRUBBUSDA) from 1990 to 2024 about rubber, World, and price.
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View monthly updates and historical trends for Singapore/Malaysia Rubber Price. Source: World Bank. Track economic data with YCharts analytics.
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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.
This statistic depicts the average monthly prices for rubber worldwide from January 2014 through June 2025. In June 2025, the average monthly price for TSR20 rubber worldwide stood at **** nominal U.S. dollars per kilogram.
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Why did the Epichlorohydrin Rubber Price Change in July 2025? The Epichlorohydrin Rubber Price Index in APAC witnessed an overall increase of 3.5% quarter-on-quarter, settling at USD 5,320/MT MV-70 FOB Tokyo in June 2025.
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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Graph and download economic data for Producer Price Index by Industry: Synthetic Rubber Manufacturing (PCU325212325212) from Jan 1965 to Aug 2025 about synthetic, rubber, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.
This statistic depicts the average annual prices for Malaysian rubber from 2014 through 2026*. In 2024, the average price for Malaysian rubber stood at 1.75 nominal U.S. dollars per kilogram.
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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 249.73700 Index 1982=100 in August 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 September of 2025.
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The global market size for Global Rubber in 2021 was estimated at around USD 44.23 Bn. Whereas it will reach USD 62.90 Bn by 2029 with a significant growth rate of 4.50%.
In Terms of Revenue, The Natural market was valued at 58.00% Share of total Global xx Market in 2021.
In Terms of Revenue, Tire was the Leading segment with 52.00% Share of total xx Market in 2021. Key Dynamics of
Rubber Market
Key Drivers of
Rubber Market
Increasing Demand from Automotive and Tire Production: The rise in global vehicle production enhances the demand for both natural and synthetic rubber.The growth of electric vehicles (EVs) is amplifying the requirement for lightweight and durable rubber materials.
Growth in Industrial and Construction Sectors: Rubber plays a crucial role in the production of seals, gaskets, belts, and hoses utilized in machinery and infrastructure.Investments in infrastructure across Asia and Africa are fostering sustained demand.
Flexibility in Consumer Products and Healthcare Uses: The versatility of rubber enables its application in a wide range of everyday items. It is utilized in footwear, gloves, elastic materials, and adhesives.The demand for medical gloves and sanitary products has surged following the pandemic.
Key Restraints for
Rubber Market
Fluctuations in Raw Material Costs and Supply Chain Challenges: The supply of natural rubber is influenced by climate conditions and geopolitical factors. Weather patterns, diseases, and regional instability can impact latex production. The production of synthetic rubber is tied to crude oil prices, connecting it to energy market fluctuations.
Environmental Issues and Regulatory Challenges: The manufacturing processes for both natural and synthetic rubber raise significant ecological concerns.Key issues include deforestation, pollution, and the generation of hazardous waste.The European Union and the United States are implementing stricter regulations regarding chemicals and recycling practices.
Competition from Advanced Polymers and Composites: Innovative materials are posing challenges to traditional rubber in certain applications. Thermoplastic elastomers provide lightweight and recyclable alternatives.High-performance plastics are increasingly substituting rubber in the aerospace and electronics sectors.
Key Trends in
Rubber Market
Transitioning to Sustainable and Eco-Friendly Rubber Products: Brands are making investments in more environmentally friendly rubber sourcing and production.Natural rubber that is certified by FSC or PEFC is becoming increasingly popular.There is a growing demand for bio-based and recycled rubber products.
Intelligent Rubber Integration in Wearables and Electronics: Sophisticated rubber compounds are utilized in flexible sensors and soft robotics.These materials are perfect for stretchable electronics and medical wearables.Research and development in conductive rubber is paving the way for next-generation applications.
Geographical Diversification of Rubber Cultivation and Processing: Nations are working to lessen their reliance on the rubber monopoly of Southeast Asia. Africa and South America are rising as alternative sources for rubber production. Global companies are investing in local supply chains to reduce risk. Rubber is a broad name for a group of various polymers that are all elastomers. Elastomers are a natural or synthetic polymer which have elastic properties. For instance, polyisoprene or natural rubber poly butadiene, polyurethane. Rubber is a highly elastic organic material. Natural rubber comes out of the trees (a white liquid called latex) from which the rubber is made. There are more than 400 kinds of plants from the juice of which rubber can be made. In 19th century, the use of rubber increased considerable because of its unique properties, Due to which, it became difficult to fulfil the increasing world demand from natural rubber. Hence synthetic rubber is developed since first world war. Today about 50% of the rubber is produce by the synthetic process in the world. Rubber is very useful in various items of daily use such as electronic, raincoats, tires etc.
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Why did the Neoprene Rubber Price Change in July 2025? Neoprene Rubber prices declined 13.4% Q o Q in Q2 2025, impacted by weakening feedstock costs and soft downstream demand.
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Graph and download economic data for Producer Price Index by Commodity: Rubber and Plastic Products: Synthetic Rubber (WPU071102) from Jan 1947 to Aug 2025 about synthetic, rubber, plastics, commodities, PPI, inflation, price index, indexes, price, and USA.
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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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Rubber Price: Annual: Kottayam: Natural: Graded RSS 4 data was reported at 19,985.000 INR/100 kg in 2025. This records an increase from the previous number of 15,572.000 INR/100 kg for 2024. Rubber Price: Annual: Kottayam: Natural: Graded RSS 4 data is updated yearly, averaging 9,089.000 INR/100 kg from Mar 1989 (Median) to 2025, with 37 observations. The data reached an all-time high of 20,808.000 INR/100 kg in 2012 and a record low of 1,815.000 INR/100 kg in 1989. Rubber Price: Annual: Kottayam: Natural: Graded RSS 4 data remains active status in CEIC and is reported by Rubber Board. The data is categorized under India Premium Database’s Agriculture Sector – Table IN.RIP035: Rubber Prices.
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United States - Producer Price Index by Commodity: Rubber and Plastic Products: Synthetic Rubber was 251.03500 Index 1982=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Rubber and Plastic Products: Synthetic Rubber reached a record high of 304.50000 in August of 2011 and a record low of 27.60000 in February of 1947. 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 - last updated from the United States Federal Reserve on September of 2025.
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.