What is the price of natural rubber per kilogram/pound in Australia today?
The retail price range for Australia natural rubber is between US$ 24.04 and US$ 42.31 per kilogram or between US$ 10.90 and US$ 19.19 per pound(lb). Click here to see today's exact prices of natural rubber in Australia
The retail price range in Australian Dollar for natural rubber is between AUD 36.16 and AUD 63.65 per kilogram or between AUD 16.40 and AUD 28.87 per pound(lb) in Canberra and Melbourne.
Wholesale prices
In 2024, the approximate wholesale price range for Australia natural rubber is between US$ 16.83 and US$ 29.62 per kilogram or between US$ 7.63 and US$ 13.43 per pound(lb).
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Australia Natural Rubber Export Prices - Historical, Trends and Prediction
The export price per kilogram of Natural Rubber from Australia has seen a steady increase over the last five years. In 2017, the price was 6.51 US dollars per kilogram, and in 2021 it was 5.87 US dollars per kilogram. The highest price was recorded in 2022, at 14.38 US dollars per kilogram. This is a significant increase from the 1.61 US dollars per kilogram recorded in 2011. Based on this trend, it is likely that the export price per kilogram of Natural Rubber from Australia will continue to increase in the next two years, with an estimated price of 15.50 US dollars per kilogram in 2023 and 17.00 US dollars per kilogram in 2024.The natural rubber exports from Australia are categorised as:
- Natural rubber in primary forms or in plates, sheets or strip (excluding smoked sheets, technically specified natural rubber "TSNR" and natural rubber latex, whether or not prevulcanised) (HS code 400129)
- Technically specified natural rubber "TSNR" (HS code 400122)
- Balata, gutta-percha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip (excluding natural rubber, whether or not prevulcanised) (HS code 400130)
- Natural rubber latex, whether or not prevulcanised (HS code 400110)
- Smoked sheets of natural rubber (HS code 400121)
Australia Natural Rubber Import Prices - Historical, Trends and Prediction
The import price of Natural Rubber into Australia over the last five years has been quite volatile. In 2016, the price was 4.72 US$ per kg, which was followed by a sharp increase to 6.51 US$ per kg in 2017. This was followed by a slight decrease to 5.92 US$ per kg in 2018. In 2019, the price rose again to 8.47 US$ per kg, before dropping to 6.86 US$ per kg in 2020. The price then decreased further to 5.87 US$ per kg in 2021, before experiencing a sharp increase to 14.38 US$ per kg in 2022. Based on the data, it is likely that the price of Natural Rubber into Australia will continue to fluctuate in the coming years. We predict that the price will decrease to around 11.00 US$ per kg in 2023, before increasing to around 13.00 US$ per kg in 2024.Export values for Australia natural rubber
The total values in export for natural rubber in Australia were US$ 1,053, US$ 514, US$ 811 and US$ 1,008 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Australia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of natural rubber in other countries across Oceania: Fiji natural rubber, French Polynesia natural rubber, Guam natural rubber, Micronesia natural rubber, New Caledonia natural rubber, Papua New Guinea natural rubber, Samoa natural rubber, Solomon Islands natural rubber, Tonga natural rubber & Vanuatu natural rubber.
Australia natural rubber - Production, Exports, Imports, Seasons and HS Codes
The amount of natural rubber shipped by Australia in 2020 was 88 tonnes. In 2019 Australia shipped 119 tonnes of natural rubber. In 2019 alone, the demand for Australia natural rubber (processed category) has decreased, flactuating by -13.139 per cent compared to the year 2018. Between 2017 and 2019, natural rubber's exports increased by 50.63 pc netting the exporter US$1.01m for the year 2019. Australia's natural rubber exports are categorised as:
- Natural rubber in primary forms or in plates, sheets or strip (excluding smoked sheets, technically specified natural rubber "TSNR" and natural rubber latex, whether or not prevulcanised) (HS code 400129)
- Balata, gutta-percha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip (excluding natural rubber, whether or not prevulcanised) (HS code 400130)
- Smoked sheets of natural rubber (HS code 400121)
- Technically specified natural rubber "TSNR" (HS code 400122)
- Natural rubber latex, whether or not prevulcanised (HS code 400110)
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Australia natural rubber export values
In 2019, Australia supplied natural rubber valued at 1.01m USD, an increment of 24.54% from 2018's total natural rubber export of 0.811m USD. The yearly change in value of Australia natural rubber between 2017 to 2018 was 57.782%.
The annual/yearly variation in the volume of Australia's natural rubber exports between 2017 and 2019 was 50.63 percent compared to a variation of -13.139% in the period between 2018 and 2019.
Australia's stake of the world's total natural rubber's exports in 2019 was less than 1%. Australia holds position 41 in world exports of natural rubber.
Export markets for Australia natural rubber ( in '000$ )
Australia's leading destinations for natural rubber are New Zealand, Papua New Guinea, Oman, Indonesia and New Caledonia.
Import/Export Trends
Australia is a net importer of natural rubber. The annual growth of Australia natural rubber in value between 2015 to 2019 was 5%, per annum, while annual growth in quantity during the same period was -62%, per annum.
Australia ordered 7,529 tonnes of natural rubber in 2019.