What is the price of natural rubber per kilogram/pound in South Africa today?
The retail price range for South Africa natural rubber is between US$ 1.95 and US$ 1.95 per kilogram or between US$ 0.88 and US$ 0.88 per pound(lb). Click here to see today's exact prices of natural rubber in South Africa
The retail price range in Rand for natural rubber is between ZAR 37.87 and ZAR 37.87 per kilogram or between ZAR 17.17 and ZAR 17.17 per pound(lb) in Johannesburg and Cape Town.
Wholesale prices
In 2024, the approximate wholesale price range for South Africa natural rubber is between US$ 1.36 and US$ 1.36 per kilogram or between US$ 0.62 and US$ 0.62 per pound(lb).
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South Africa Natural Rubber Export Prices - Historical, Trends and Prediction
The export prices of natural rubber from South Africa varied in recent years. In 2016, the export price was US$ 1.44 per kg, in 2017 it was US$ 1.99 per kg, in 2018 it was US$ 2.69 per kg, in 2019 it was US$ 1.74 per kg, and in 2020 it was US$ 1.68 per kg. However, in 2021, the export price increased significantly to US$ 3.18 per kg.
The South Africa 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)
- Technically specified natural rubber "TSNR" (HS code 400122)
- 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)
South Africa Natural Rubber Import Prices - Historical, Trends and Prediction
The import price of Natural Rubber into South Africa has seen a significant fluctuation over the past five years. In 2016, the price per kilogram was $3.02, which was the highest in the five year period. This was followed by a decrease in 2017 to $3.18, and then a further decrease to $2.14 in 2018. In 2019, the price per kilogram increased to $3.79, and then skyrocketed to $12.61 in 2020. This was followed by a slight decrease to $12.09 in 2021, and then a further decrease to $8.19 in 2022. Based on this trend, it is likely that the import price of Natural Rubber into South Africa will continue to decrease in 2023 and 2024. We can predict that the price per kilogram in 2023 will be around $6.00, and the price per kilogram in 2024 will be around $4.00.Export values for South Africa natural rubber
The total values in export for natural rubber in South Africa were US$ 697, US$ 798, US$ 2,198 and US$ 2,655 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in South Africa: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of natural rubber in other countries across Africa: Algeria natural rubber, Angola natural rubber, Botswana natural rubber, Burundi natural rubber, Cameroon natural rubber, Cape Verde natural rubber, Central African Republic natural rubber, Comoros natural rubber, DRC Congo natural rubber & Benin natural rubber.
South Africa natural rubber - Production, Exports, Imports, Seasons and HS Codes
In 2019 South Africa sold 9,385,477 tonnes of natural rubber. Across 2019 alone, the demand for South Africa natural rubber (processed category) has reduced, flactuating by -2.3 pc compared to the year 2018. Between 2017 and 2019, natural rubber's exports decreased by -6.18% earning South Africa US$2.66m for the year 2019. South Africa's natural rubber exports are classified as:
- Smoked sheets of natural rubber (HS code 400121)
- Natural rubber in primary forms or in plates, sheets or strip (excluding smoked sheets, technically specified natural rubber "TSNR" and natural rubber latex, whether or not prevulcanised) (HS code 400129)
- Balata, gutta-percha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip (excluding natural rubber, whether or not prevulcanised) (HS code 400130)
- Natural rubber latex, whether or not prevulcanised (HS code 400110)
- Technically specified natural rubber "TSNR" (HS code 400122)
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South Africa natural rubber export values
In 2019, South Africa supplied natural rubber worth 2.66m USD, an improvement of 21.02% from 2018's total natural rubber export of 2.198m USD. The annual increase in value of South Africa natural rubber between 2017 to 2018 was 175.439 per cent.
The annual/yearly change in the quantity of South Africa's natural rubber exports between 2017 and 2019 was -6.18 pc compared to a variation of -2.3% in the period between 2018 and 2019.
South Africa's share of the world's total natural rubber's exports in 2019 was less than 1%. The country is ranked position 21 in world exports of natural rubber.
Export markets for South Africa natural rubber ( in '000$ )
South Africa's top destinations for natural rubber are Zimbabwe, Swaziland (Eswatini), Australia, Mozambique and Kenya.
Import/Export Trends
South Africa is a net importer of natural rubber. The annual growth of South Africa natural rubber in value between 2015 to 2019 was -15%, per year, while annual growth in quantity during the same period was -28%, per annum.
South Africa brought in 43,994 tonnes of natural rubber in 2019.