Market research

Natural latex in primary forms market in Southern Asia

$Natural latex in primary forms market in Southern Asia$

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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"Southern Asia" region includes following countries:

Afghanistan

Bangladesh

Bhutan

Sri Lanka

India

Iran

Maldives

Nepal

Pakistan

Earlier Report Observations

The natural latex market in Southern Asia experienced overall growth from 811.2 thousand tons in 2018 to 978.1 thousand tons in 2023. The market volume peaked at 1 000.1 thousand tons in 2022 after a strong increase of over 10% that year.

Growth was particularly notable in 2021 and 2022, while 2020 saw only marginal expansion. The slight contraction in 2023 to 978.1 thousand tons represented a moderation from the previous year's high level.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Southern Asia
  1. 5.1.1. Annual dynamics of production in Southern Asia in kind, 2018-2023, K t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Afghanistan in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Afghanistan by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Afghanistan in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Afghanistan by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Afghanistan, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Afghanistan by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Afghanistan in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Afghanistan by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Afghanistan in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Afghanistan by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Afghanistan, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Afghanistan by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Afghanistan in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Afghanistan by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Afghanistan in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Afghanistan by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Afghanistan, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Afghanistan by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Afghanistan in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Afghanistan by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Afghanistan in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Afghanistan by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Afghanistan, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Afghanistan by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production natural latex in primary forms in Southern Asia

In kind, 2017-2020, K t

Top producers of natural latex in primary forms, 2017-2020

Source: SHEV.io

World map of production of natural latex in primary forms, 2017-2020

Source: SHEV.io

In 2019, Southern Asia's production of natural latex in primary forms reached its lowest point at 765 thousand tonnes. The following year, in 2020, production stood at 785 thousand tonnes, showing a slight decline of 1.8% compared to 2019. Over the period from 2017 to 2020, overall production decreased by 3.9%, with a compound annual growth rate of 1.3%. The most significant drop occurred in 2018, when production fell by 6.4%, while the largest increase was recorded in 2019, with a rise of 4.5%.

Annual dynamics of production in Southern Asia in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(6.4%)	4.5%	(1.8%)	(1.3%)

Source: SHEV.io

Exports natural latex in primary forms from Southern Asia

Exports in kind, t

Market performance showed noticeable fluctuations during the period. In 2019, Southern Asia's exports of natural latex in primary forms hit their lowest point at 926 tonnes, marking a substantial decline of 79.5% from the previous year. By contrast, exports peaked in 2017, creating a peak-to-trough ratio of 6.1 times between these years. In 2020, exports rebounded sharply to 3 385 tonnes, representing a dramatic increase of 265.7% compared to 2019.

Annual dynamics of product's exports from Southern Asia in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(19.8%)	(79.5%)	265.7%	(15.6%)

Source: SHEV.io

From 2017 to 2020, Malaysia, Brazil, and Thailand formed the core of exports in kind, accounting for 32.0%, 11.7%, and 11.5% of total exports, respectively. Together, these three countries represented 55.3% of all export flows during this period.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Southern Asia in kind, 2017-2020

Source: SHEV.io

Exports in value, M $ US

The market exhibited volatility over the observed period. In 2019, the value of exports reached its lowest point at 1.4 million US dollars, reflecting a sharp decline of 90.6% from the previous year. Exports peaked in 2018 at 14.5 million US dollars, resulting in a 10.6-fold fluctuation between the high and low points. By 2020, exports recovered to 4.6 million US dollars, showing a significant uptick of 241.0% compared to 2019.

Annual dynamics of product's exports from Southern Asia in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	43.1%	(90.6%)	241.0%	(22.9%)

Source: SHEV.io

During the period from 2017 to 2020, the United States, Malaysia, and Brazil were the three principal markets for Southern Asia's exports of natural latex in primary forms in value terms. Together, these countries accounted for 57.6% of total export value.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Southern Asia in value, 2017-2020

Source: SHEV.io

Imports natural latex in primary forms to Southern Asia

Imports in kind, t

Southern Asia's imports of natural latex in primary forms increased for the second consecutive year in 2020, reaching 72 881 tonnes. This represented a gain of 34.6% compared to 2019. Over the period from 2017 to 2020, imports grew by 35.1%, with a compound annual growth rate of 10.5%. The lowest import volume was recorded in 2018 at 50 709 tonnes, which marked a decline of 6.0% from the previous year.

Annual dynamics of product's imports to Southern Asia in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(6.0%)	6.8%	34.6%	10.5%

Source: SHEV.io

Throughout 2017 to 2020, Thailand, Malaysia, and the United Arab Emirates remained the central sources for imports in kind. Together, these three markets accounted for 87.5% of total import flows during this period.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Southern Asia in kind, 2017-2020

Source: SHEV.io

Imports in value, M $ US

Southern Asia's imports of natural latex in primary forms in value terms increased for the second consecutive year in 2020, totaling approximately 110.4 million US dollars. This reflected a strong increase of 20.7% from the previous year. Over the period from 2017 to 2020, imports rose by 5.3%, with a compound annual growth rate of 1.7%. The minimum value was recorded in 2018 at 89.0 million US dollars, which represented a decline of 15.1% from the year before.

Annual dynamics of product's imports to Southern Asia in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(15.1%)	2.8%	20.7%	1.7%

Source: SHEV.io

From 2017 to 2020, Thailand, Malaysia, and the United Arab Emirates were the main destinations for imports in value terms, accounting for 40.6%, 34.7%, and 11.5% of total imports, respectively. Together, these three countries represented 86.7% of all import value, solidifying their position as the primary sources for natural latex in primary forms to Southern Asia.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Southern Asia in value, 2017-2020

Source: SHEV.io