What is the price of natural rubber per kilogram/pound in Thailand today?
The retail price range for Thailand natural rubber is between US$ 0.89 and US$ 1.18 per kilogram or between US$ 0.40 and US$ 0.54 per pound(lb). Click here to see today's exact prices of natural rubber in Thailand
The retail price range in Baht for natural rubber is between THB 30.45 and THB 40.60 per kilogram or between THB 13.81 and THB 18.41 per pound(lb) in Bangkok and Chiand Mai.
Wholesale prices
In 2024, the approximate wholesale price range for Thailand natural rubber is between US$ 0.62 and US$ 0.83 per kilogram or between US$ 0.28 and US$ 0.38 per pound(lb).
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Thailand Natural Rubber Export Prices - Historical, Trends and Prediction
The export price per kilogram of Natural Rubber from Thailand over the last five years has seen a steady decline. In 2012, the price was 2.92 US dollars per kg, and by 2016, it had dropped to 1.23 US dollars per kg. In 2017, the price increased to 1.65 US dollars per kg, before dropping again to 1.29 US dollars per kg in 2018. The price has remained relatively stable since then, with 1.31 US dollars per kg in 2019, 2020, and 2021. The most recent data shows that the price has increased slightly to 1.55 US dollars per kg in 2022. Based on this trend, it is likely that the export price per kilogram of Natural Rubber from Thailand will remain around 1.55 US dollars per kg in 2023 and 2024.The Thailand natural rubber exports are classified as:
- 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)
- 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)
- Technically specified natural rubber "TSNR" (HS code 400122)
Thailand Natural Rubber Import Prices - Historical, Trends and Prediction
The import price of Natural Rubber into Thailand has seen a steady decline over the past five years. In 2012, the price per kilogram was 2.92 US dollars, dropping to 2.4 US dollars in 2013. This trend continued in 2014, when the price fell to 1.77 US dollars, and in 2015, when it dropped to 1.36 US dollars. In 2016, the price per kilogram of Natural Rubber was 1.23 US dollars, and in 2017, it rose slightly to 1.65 US dollars. However, the price dropped again in 2018 to 1.29 US dollars, and has remained relatively stable since then, with 1.31 US dollars in 2019 and 2020, and 1.61 US dollars in 2021. The most recent data shows that the price of Natural Rubber into Thailand is 1.55 US dollars per kilogram. Based on this trend, it is predicted that the price of Natural Rubber into Thailand in 2023 will be 1.49 US dollars per kilogram, and in 2024, it will be 1.43 US dollars per kilogram.Export values for Thailand natural rubber
The total values in export for natural rubber in Thailand were in US dollar thousand for the years in that order.
Prices of other produce in the Processed category in Thailand: 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.
Thailand natural rubber - Production, Exports, Imports, Seasons and HS Codes
The volume of natural rubber sold by Thailand in 2020 was 2,663,738 tons. In 2019 Thailand sold 3,149,517 tonnes of natural rubber. Through 2019 alone, the demand for Thailand natural rubber (processed category) has been stable, compared to the year 2018. Between 2017 and 2019 the exports were minimal, bringing Thailand very little foreign income. Thailand'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)
- 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)
- Natural rubber latex, whether or not prevulcanised (HS code 400110)
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Thailand natural rubber export values
For the period between the years 2010 and 2020, Thailand exported natural rubber worth US$ 0.
The annual/yearly variation in the amount of Thailand's natural rubber exports between 2017 and 2019 remained stable.
Thailand's stake of the world's total natural rubber's exports in 2019 was 32.4 percent. The country is ranked number 2 in world exports of natural rubber.
Export markets for Thailand natural rubber ( in '000$ )
Thailand's leading destinations for natural rubber are China, Malaysia, South Korea, Romania and US.
Import/Export Trends
Thailand is a net exporter of natural rubber. The annual growth of Thailand natural rubber in value between 2015 to 2019 was 4%, per annum, while annual growth in quantity for the same period was -2%, per annum.
Thailand brought in 2,767 tonnes of natural rubber in 2019.
Production
The production of natural rubber in Thailand was 24,199,760 tonnes in 2019 and is forecast to change by an average of 0.55%. The country had approximately 16,364,635.00 hectares under natural rubber cultivation.