"Africa" region includes following countries:
Earlier Report Observations
The African natural latex market volume increased consistently from 768 thousand tons in 2018 to 1 475 thousand tons in 2023, driven by substantial growth in domestic production which more than doubled over the period. Imports remained a minor component, while exports fluctuated but showed an overall upward trend.
In monetary terms, the market value rose from $503 million in 2018 to a peak of $1 128 million in 2022, before contracting to $1 004 million in 2023 despite higher physical volume, indicating potential price adjustments or changes in product valuation.
Recent industry factors include technological improvements in latex processing equipment and a growing consumer preference for sustainable and organic latex products, which are shaping production methods and demand patterns in the region.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.2. In value
- 4.1.2.1. Production, 2018-2023
- 4.1.2.2. Imports, 2018-2024
- 4.1.2.3. Exports, 2018-2024
- 4.1.2.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Africa
- 5.1.1. Annual dynamics of production in Africa in kind, 2018-2023, K t
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Africa
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, K t
- 6.1.2.1. Annual dynamics of product's imports to Algeria in kind, 2018-2024, K t
- 6.1.2.2. Dynamics of product's imports in kind to Algeria by countries, 2018-2024, K t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, M $ US
- 6.1.3.1. Annual dynamics of product's imports to Algeria in value, 2018-2024, M $ US
- 6.1.3.2. Dynamics of product's imports in value to Algeria by countries, 2018-2024, M $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Algeria, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Algeria by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, K t
- 6.2.2.1. Annual dynamics of product's imports to Algeria in kind, 2018-2024, K t
- 6.2.2.2. Dynamics of product's imports in kind to Algeria by countries, 2018-2024, K t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, M $ US
- 6.2.3.1. Annual dynamics of product's imports to Algeria in value, 2018-2024, M $ US
- 6.2.3.2. Dynamics of product's imports in value to Algeria by countries, 2018-2024, M $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Algeria, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Algeria by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data*)
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7. Exports
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7.1. Exports (Direct Data*)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, K t
- 7.1.2.1. Annual dynamics of product's exports from Algeria in kind, 2018-2024, K t
- 7.1.2.2. Dynamics of product's exports in kind from Algeria by countries, 2018-2024, K t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, M $ US
- 7.1.3.1. Annual dynamics of product's exports from Algeria in value, 2018-2024, M $ US
- 7.1.3.2. Dynamics of product's exports in value from Algeria by countries, 2018-2024, M $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Algeria, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Algeria by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, K t
- 7.2.2.1. Annual dynamics of product's exports from Algeria in kind, 2018-2024, K t
- 7.2.2.2. Dynamics of product's exports in kind from Algeria by countries, 2018-2024, K t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, M $ US
- 7.2.3.1. Annual dynamics of product's exports from Algeria in value, 2018-2024, M $ US
- 7.2.3.2. Dynamics of product's exports in value from Algeria by countries, 2018-2024, M $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Algeria, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Algeria by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, K t
- 8.1.2. In value, M $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K t
- 8.2.2. In value, M $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production natural latex in primary forms in Africa
In kind, 2017-2020, K t
Top producers of natural latex in primary forms, 2017-2020
World map of production of natural latex in primary forms, 2017-2020
Africa's production of natural latex in primary forms has grown for the third year in a row. In 2020, the continent produced 1 268 K t, which represents a 16.1% increase compared to the previous year. Looking at the period from 2017 to 2020, production rose by 50.8%, translating to an average annual growth rate of 14.7%.
Annual dynamics of production in Africa in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 9.1% | 19.0% | 16.1% | 14.7% |
Exports natural latex in primary forms from Africa
Exports in kind, K t
Africa's exports of natural latex in primary forms have increased for the second consecutive year. In 2020, exports reached 264.2 K t, up by 29.9% from 2019. Over the 2017-2020 period, exports grew by 28.3%, with an annualized rate of 8.7%. The lowest export volume was recorded in 2018 at 158.2 K t, which also saw the largest decline of 23.2%.
Annual dynamics of product's exports from Africa in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (23.2%) | 28.6% | 29.9% | 8.7% |
From 2017 to 2020, Malaysia dominated the export structure in kind, accounting for 71.3% of total flows, while numerous smaller partners made up the remainder.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Africa in kind, 2017-2020
Exports in value, M $ US
Africa's exports of natural latex in primary forms in value terms have risen for the third year in a row. In 2020, exports amounted to 161.9 M $ US, marking a sharp increase of 28.2% year-over-year. Between 2017 and 2020, export value surged by 239.4%, equivalent to an average annual growth rate of 50.3%.
Annual dynamics of product's exports from Africa in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 113.9% | 23.8% | 28.2% | 50.3% |
During 2017-2020, Malaysia was responsible for 81.2% of total exports in value terms, with the rest distributed among a wide range of smaller countries.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Africa in value, 2017-2020
Imports natural latex in primary forms to Africa
Imports in kind, K t
After two years of decline, Africa's imports of natural latex in primary forms in kind rebounded. In 2020, imports totaled 12.1 K t, showing a significant rise of 47.9% compared to 2019. Over the 2017-2020 period, imports decreased by 2.5%, with a compound annual growth rate of -0.8%. The lowest import volume was in 2019 at 8.2 K t, while the largest drop occurred in 2018 with a 28.0% decline.
Annual dynamics of product's imports to Africa in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (28.0%) | (8.5%) | 47.9% | (0.8%) |
From 2017 to 2020, Thailand, Vietnam, and Malaysia were the key sources for imports in kind, with shares of 41.6%, 25.0%, and 5.9% respectively, collectively making up 72.5% of total imports.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Africa in kind, 2017-2020
Imports in value, M $ US
Following a two-year decrease, Africa's imports of natural latex in primary forms in value terms increased. In 2020, imports reached 18.1 M $ US, up by 53.6% from 2019. Between 2017 and 2020, import value fell by 17.9%, corresponding to an average annual decline of 6.4%. The minimum value was recorded in 2019 at 11.8 M $ US, and the largest reduction was in 2018 with a 39.0% drop.
Annual dynamics of product's imports to Africa in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (39.0%) | (12.3%) | 53.6% | (6.4%) |
In the 2017-2020 period, Thailand, Vietnam, and Malaysia remained the primary suppliers in value terms, contributing 42.8%, 24.8%, and 8.7% respectively, together accounting for 76.2% of total import value.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Africa in value, 2017-2020
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