What is the price of natural rubber per kilogram/pound in Sri Lanka today?
The retail price range for Sri Lanka natural rubber is between US$ 0.77 and US$ 1.61 per kilogram or between US$ 0.35 and US$ 0.73 per pound(lb). Click here to see today's exact prices of natural rubber in Sri Lanka
The retail price range in Sri Lanka Rupee for natural rubber is between LKR 236.99 and LKR 494.47 per kilogram or between LKR 107.48 and LKR 224.25 per pound(lb) in Colombo and Jaffna.
Wholesale prices
In 2024, the approximate wholesale price range for Sri Lanka natural rubber is between US$ 0.54 and US$ 1.12 per kilogram or between US$ 0.24 and US$ 0.51 per pound(lb).
Related: Kenya Natural Rubber prices, South Africa Natural Rubber prices, Malaysia Natural Rubber prices, Philippines Natural Rubber prices, India Natural Rubber prices, United Arab Emirates (UAE) Natural Rubber prices, Canada Natural Rubber prices, US Natural Rubber prices, Australia Natural Rubber prices, New Zealand Natural Rubber prices, Germany Natural Rubber prices, Netherlands Natural Rubber prices, Spain Natural Rubber prices, United Kingdom (UK) Natural Rubber prices,
Price Finder Tool
Search for prices of Sri Lanka natural rubber and other products in different countries.
Sri Lanka Natural Rubber Export Prices - Historical, Trends and Prediction
The export price of Natural Rubber from Sri Lanka over the last five years has been quite volatile. In 2012, the price was 3.30 US$ per kg, which then rose to 14.97 US$ per kg in 2013. However, the price dropped significantly in 2014 to 2.78 US$ per kg and continued to decline to 2.39 US$ per kg in 2015 and 2.01 US$ per kg in 2016. In 2017, the price rose slightly to 2.24 US$ per kg, before dropping again to 1.85 US$ per kg in 2019 and 1.90 US$ per kg in 2020. The most recent data shows that the price has increased to 2.91 US$ per kg in 2021. Based on this data, it is predicted that the export price of Natural Rubber from Sri Lanka will be around 3.00 US$ per kg in 2023 and 3.10 US$ per kg in 2024.The natural rubber exports from Sri Lanka are classified 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)
Sri Lanka Natural Rubber Import Prices - Historical, Trends and Prediction
The import price of Natural Rubber into Sri Lanka over the last five years has been quite varied. In 2012, the price was 3.30 US$ per kg, which then rose to 14.97 US$ per kg in 2013. This was followed by a sharp decrease to 2.78 US$ per kg in 2014. The price then remained relatively stable, with a slight decrease to 2.39 US$ per kg in 2015 and 2.01 US$ per kg in 2016. In 2017, the price rose slightly to 2.24 US$ per kg, before dropping to 1.85 US$ per kg in 2019 and 1.90 US$ per kg in 2020. The most recent data shows that the price has risen again to 2.91 US$ per kg in 2021. Based on the current trend, it is likely that the import price of Natural Rubber into Sri Lanka will remain relatively stable in the next few years. We can predict that the price in 2023 will be around 2.90 US$ per kg, and in 2024 it will be around 2.95 US$ per kg.Export values for Sri Lanka natural rubber
The total values in export for natural rubber in Sri Lanka were US$ 33,307, US$ 39,205, US$ 47,636 and US$ 36,914 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Sri Lanka: 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.
Sri Lanka natural rubber - Production, Exports, Imports, Seasons and HS Codes
In 2019 Sri Lanka sold 19,228 tonnes of natural rubber. For the year 2019 alone, the market for Sri Lanka natural rubber (processed category) has reduced, with a change of -0.72796737 % compared to the year 2018. Between 2017 and 2019, natural rubber's exports grew by 10.01% bringing the country US$36.91m for the year 2019. Sri Lanka's natural rubber exports are categorised as:
- Technically specified natural rubber "TSNR" (HS code 400122)
- Balata, gutta-percha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip (excluding natural rubber, whether or not prevulcanised) (HS code 400130)
- Smoked sheets of natural rubber (HS code 400121)
- Natural rubber latex, whether or not prevulcanised (HS code 400110)
- Natural rubber in primary forms or in plates, sheets or strip (excluding smoked sheets, technically specified natural rubber "TSNR" and natural rubber latex, whether or not prevulcanised) (HS code 400129)
Are you a producer of natural rubber or other products?
Sign up today for FREE to buy or sell natural rubber.
Sri Lanka natural rubber export values
In 2019, Sri Lanka sold natural rubber costing 36.91m USD, a reduction of -22.52% from 2018's total natural rubber export of 47.636m USD. The annual change in value of Sri Lanka natural rubber between 2017 to 2018 was 21.505%.
The annual/yearly change in the amount of Sri Lanka's natural rubber exports between 2017 and 2019 was 10.01 pc when compared to a variation of -0.72796737% in the growth rate between 2018 and 2019.
Sri Lanka's stake of the world's total natural rubber's exports in 2019 was less than 1%. Sri Lanka holds number 42 in world exports of natural rubber.
Export markets for Sri Lanka natural rubber ( in '000$ )
Sri Lanka's top destinations for natural rubber are US, Germany, Mexico, Pakistan and France.
Import/Export Trends
Sri Lanka is a net exporter of natural rubber. The annual growth of Sri Lanka natural rubber in value between 2015 to 2019 was -4%, per annum, while annual growth in quantity for the same period was %, per annum.
Sri Lanka procured 47,262 tonnes of natural rubber in 2019.
Production
The production of natural rubber in Sri Lanka was 373,750 tonnes in 2019 and is projected to change by an average of -9.46%. The country had approximately 688,040.00 hectares under natural rubber cultivation.