What is the price of natural rubber per kilogram/pound in Indonesia today?
The retail price range for Indonesia natural rubber is between US$ 1.62 and US$ 2.76 per kilogram or between US$ 0.73 and US$ 1.25 per pound(lb). Click here to see today's exact prices of natural rubber in Indonesia
The retail price range in Rupiah for natural rubber is between IDR 26,939.33 and IDR 45,955.33 per kilogram or between IDR 12,217.38 and IDR 20,841.42 per pound(lb) in Jakarta and Surabaya.
Wholesale prices
In 2024, the approximate wholesale price range for Indonesia natural rubber is between US$ 1.13 and US$ 1.93 per kilogram or between US$ 0.51 and US$ 0.88 per pound(lb).
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Indonesia Natural Rubber Export Prices - Historical, Trends and Prediction
The export price per kilogram of Natural Rubber from Indonesia has seen a steady decline over the last five years. In 2012, the price was 3.22 US dollars per kg, dropping to 2.56 US dollars per kg in 2013. This trend continued until 2015, when the price reached its lowest point of 1.41 US dollars per kg. Since then, the price has seen a slight increase, reaching 1.72 US dollars per kg in 2021. Based on this trend, it is predicted that the export price of Natural Rubber from Indonesia will be 1.74 US dollars per kg in 2022 and 1.76 US dollars per kg in 2023.The natural rubber exports from Indonesia are classified as:
- 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 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)
- Smoked sheets of natural rubber (HS code 400121)
- Natural rubber latex, whether or not prevulcanised (HS code 400110)
Indonesia Natural Rubber Import Prices - Historical, Trends and Prediction
The import price of Natural Rubber into Indonesia has seen a steady decline over the past five years. In 2012, the price per kilogram was 3.22 US dollars, dropping to 2.56 US dollars in 2013. This trend continued, with the price falling to 1.81 US dollars in 2014, 1.41 US dollars in 2015, and 1.31 US dollars in 2016. In 2017, the price increased slightly to 1.71 US dollars, before dropping again to 1.40 US dollars in 2018 and 1.41 US dollars in 2019. The price then decreased further to 1.32 US dollars in 2020, before rising to 1.72 US dollars in 2021 and 1.74 US dollars in 2022. Based on this trend, it is likely that the import price of Natural Rubber into Indonesia will remain relatively stable in 2023 and 2024, with prices of around 1.72 and 1.74 US dollars per kilogram, respectively.Export values for Indonesia natural rubber
The total values in export for natural rubber in Indonesia were US$ 3,372,319, US$ 5,105,304, US$ 3,951,451 and US$ 3,527,201 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Indonesia: 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.
Indonesia natural rubber - Production, Exports, Imports, Seasons and HS Codes
In 2019 Indonesia sold 2,504,253 tonnes of natural rubber. Through 2019 alone, the market for Indonesia natural rubber (processed category) has gone down, changing by -10.964 per cent compared to the year 2018. Between 2017 and 2019, natural rubber's exports reduced by -16.34% earning the exporter US$3,527.20m for the year 2019. Indonesia's natural rubber exports are classified as:
- Natural rubber latex, whether or not prevulcanised (HS code 400110)
- Natural rubber in primary forms or in plates, sheets or strip (excluding smoked sheets, technically specified natural rubber "TSNR" and natural rubber latex, whether or not prevulcanised) (HS code 400129)
- Smoked sheets of natural rubber (HS code 400121)
- Technically specified natural rubber "TSNR" (HS code 400122)
- Balata, gutta-percha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip (excluding natural rubber, whether or not prevulcanised) (HS code 400130)
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Indonesia natural rubber export values
In 2019, Indonesia sold natural rubber with a value of 3,527.20m USD, a drop of -10.74% from 2018's total natural rubber export of 3951.451m USD. The yearly change in value of Indonesia natural rubber between 2017 to 2018 was -22.601 percent.
The annual/yearly variation in the quantity of Indonesia's natural rubber exports between 2017 and 2019 was -16.34 per cent compared to a variation of -10.964% in the period between 2018 and 2019.
Indonesia's stake of the world's total natural rubber's exports in 2019 was less than 1%. Indonesia holds number 26 in world exports of natural rubber.
Export markets for Indonesia natural rubber ( in '000$ )
Indonesia's top destinations for natural rubber are Japan, Canada, Poland, France and Mexico.
Indonesia brought in 31,846 tonnes of natural rubber in 2019.
Production
The production of natural rubber in Indonesia was 17,243,910 tonnes in 2019 and is forecast to change by an average of -5%. The country had approximately 18,417,410.00 hectares under natural rubber cultivation.