Global production of natural rubber (NR) is estimated to grow by 2.6%, reaching 1.040 million tons, while global demand of NR is reported to recover at a faster pace at 7.3% growth to 1.209 million tons during February 2023.

In 2023, the outlook of global natural rubber (NR) market is anticipated to reach 14.693 million tons for production while consumption is projected at 14.738 million tons. The pie charts below exhibit the shares of ANRPC member countries and non-ANRPC member

Based on the preliminary estimates from Member Governments, the world production of natural rubber (NR) registered 0.1% growth to 1.397 million tons during December 2022, the slowest growth in production of the year. Conversely, the world demand for NR grew

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