What is the price of natural rubber per kilogram/pound in India today?
The retail price range for India natural rubber is between US$ 0.88 and US$ 1.96 per kilogram or between US$ 0.40 and US$ 0.89 per pound(lb). Click here to see today's exact prices of natural rubber in India
The retail price range in Indian Rupee for natural rubber is between INR 73.04 and INR 162.30 per kilogram or between INR 33.12 and INR 73.61 per pound(lb) in New Delhi and Mumbai.
Wholesale prices
In 2024, the approximate wholesale price range for India natural rubber is between US$ 0.62 and US$ 1.37 per kilogram or between US$ 0.28 and US$ 0.62 per pound(lb).
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India Natural Rubber Export Prices - Historical, Trends and Prediction
The export price per kilogram of Natural Rubber from India over the last five years has seen a significant decrease. In 2012, the price was 5.13 US dollars per kg, but by 2021, it had dropped to 1.84 US dollars per kg. The lowest price was seen in 2017, when it was 1.67 US dollars per kg. Prices have been relatively stable since then, with the price in 2020 and 2021 both being 1.47 and 1.84 US dollars per kg respectively. Based on this trend, it is likely that the export price per kilogram of Natural Rubber from India in 2023 and 2024 will be around 1.70 and 1.80 US dollars per kg respectively.The exports of natural rubber from India are classified as:
- Smoked sheets of natural rubber (HS code 400121)
- Natural rubber latex, whether or not prevulcanised (HS code 400110)
- 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)
- Technically specified natural rubber "TSNR" (HS code 400122)
India Natural Rubber Import Prices - Historical, Trends and Prediction
The import price of Natural Rubber into India over the last five years has been quite volatile. In 2012, the price was 5.13 US$ per kg, which dropped to 2.66 US$ per kg in 2013. This was followed by a slight decrease to 2.45 US$ per kg in 2014. In 2015, the price rose to 6.22 US$ per kg, before dropping to 4.59 US$ per kg in 2016. The price then dropped further to 1.67 US$ per kg in 2017, before rising slightly to 1.71 US$ per kg in 2018 and 2019. In 2020, the price dropped to 1.47 US$ per kg, before rising to 1.84 US$ per kg in 2021. Based on this data, it is likely that the import price of Natural Rubber into India will remain around the 1.80 US$ per kg mark in 2023 and 2024.Export values for India natural rubber
The total values in export for natural rubber in India were US$ 36,895, US$ 42,054, US$ 10,351 and US$ 17,021 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in India: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of natural rubber in other countries across Asia: Kazakhstan natural rubber, Kyrgyzstan natural rubber, Tajikistan natural rubber, Turkmenistan natural rubber, Uzbekistan natural rubber, China natural rubber, Hong Kong natural rubber, Macao natural rubber, North Korea natural rubber & Mongolia natural rubber.
India natural rubber - Production, Exports, Imports, Seasons and HS Codes
In 2019 India shipped 9,970 tonnes of natural rubber. For the year 2019 alone, the market for India natural rubber (processed category) has surged, recording a change of 64.712 percent compared to the year 2018. Between 2017 and 2019, natural rubber's exports decreased by -60.38 pc bringing India US$17.02m for the year 2019. India's natural rubber exports are categorised as:
- Technically specified natural rubber "TSNR" (HS code 400122)
- Natural rubber in primary forms or in plates, sheets or strip (excluding smoked sheets, technically specified natural rubber "TSNR" and natural rubber latex, whether or not prevulcanised) (HS code 400129)
- Natural rubber latex, whether or not prevulcanised (HS code 400110)
- Smoked sheets of natural rubber (HS code 400121)
- Balata, gutta-percha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip (excluding natural rubber, whether or not prevulcanised) (HS code 400130)
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India natural rubber export values
In 2019, India exported natural rubber costing 17.02m USD, an increment of 64.43% from 2018's total natural rubber export of 10.351m USD. The annual growth in value of India natural rubber between 2017 to 2018 was -75.386 per cent.
The per year variation in the amount of India's natural rubber exports between 2017 and 2019 was -60.38 percent when compared to a variation of 64.712% in the growth rate between 2018 and 2019.
Export markets for India natural rubber ( in '000$ )
India's top destinations for natural rubber are China, Turkey, Nepal, Qatar and United Arab Emirates (UAE).
India brought in 9,970 tonnes of natural rubber in 2019.
Production
The production of natural rubber in India was 5,007,025 tonnes in 2019 and is forecast to change by an average of 1.32%. The country had an estimated 2,313,895.00 hectares under natural rubber cultivation.