Market research

Natural latex in primary forms market in the Philippines

$Natural latex in primary forms market in the Philippines$

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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Earlier Report Observations

The market for natural latex in the Philippines experienced fluctuations between 2018 and 2023. After reaching 432.2 thousand tons in 2019, volume dipped to 422.7 thousand tons in 2020 before recovering to 431.2 thousand tons in 2021. A downward trend followed, with the market declining to 416.4 thousand tons in 2022 and then more sharply to 379.4 thousand tons in 2023.

In 2023, the Philippine Rubber Research Institute, with support from DOST-PCAARRD, began implementing sustainable latex harvesting technologies in major rubber-producing provinces like North Cotabato and Zamboanga Sibugay. These R&D projects aimed to improve latex yield, quality, and cost-effectiveness through new tapping systems. Moving into 2024, the Department of Agriculture completed its Natural Rubber Roadmap, integrating upstream and downstream plans to boost local rubber content in applications such as motorcycle tires. Concurrently, consumer preferences shifted toward natural and sustainable materials, evident in the promotion of natural latex mattresses by brands like Uratex.

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 the Philippines
  1. 5.1.1. Annual dynamics of production in the Philippines in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in the Philippines in value, 2018-2023, $ US
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. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from the Philippines in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from the Philippines by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from the Philippines in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from the Philippines by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's exports from the Philippines, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's exports from the Philippines by countries, 2018-2024, $ US/kg
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from the Philippines in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from the Philippines by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from the Philippines in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from the Philippines by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's exports from the Philippines, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's exports from the Philippines by countries, 2018-2024, $ US/kg
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to the Philippines in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to the Philippines by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to the Philippines in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to the Philippines by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's imports to the Philippines, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's imports to the Philippines by countries, 2018-2024, $ US/kg
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to the Philippines in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to the Philippines by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to the Philippines in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to the Philippines by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's imports to the Philippines, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's imports to the Philippines by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ 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 the Philippines

In kind, 2017-2020, K t

From 2017 to 2020, the Philippines ranked eighth globally in production volume of natural latex in primary forms.

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

Following a two-year rise, production of natural latex in primary forms in the Philippines declined. In 2020, the country produced 422.4 K t, marking a slight decrease of 2.1% compared to 2019. Over the 2017-2020 period, production grew by 3.8%, with a compound annual growth rate of 1.2%. The peak was recorded in 2019 at 431.7 K t, while the largest annual increase occurred in 2018 at 4.0%.

Annual dynamics of production in the Philippines in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	4.0%	2.0%	(2.1%)	1.2%

Source: SHEV.io

Exports natural latex in primary forms from the Philippines

Exports in kind, t

Export volume of natural latex in primary forms from the Philippines fell for the third year in a row. In 2020, exports dropped to 0.1 t, a 70.3% decrease year-over-year. Between 2017 and 2020, exports declined by 100%, with a compound annual growth rate of -96.1%.

Annual dynamics of product's exports from the Philippines in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(78.4%)	(99.9%)	(70.3%)	(96.1%)

Source: SHEV.io

From 2017 to 2020, Malaysia was the dominant destination for exports in kind of natural latex in primary forms from the Philippines, consistently representing 99.2% of total flows.

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

Source: SHEV.io

World map of product's exports from the Philippines in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Export value of natural latex in primary forms from the Philippines decreased for the third consecutive year. In 2020, exports totaled 2 K $ US, down 38.1% from the previous year. Over the 2017-2020 period, exports fell by 99.9%, with a compound annual growth rate of -88.8%.

Annual dynamics of product's exports from the Philippines in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(66.9%)	(99.3%)	(38.1%)	(88.8%)

Source: SHEV.io

Throughout 2017–2020, Malaysia and Japan remained the primary destinations for exports in value terms, together accounting for 99.8% of total flows.

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

Source: SHEV.io

World map of product's exports from the Philippines in value, 2017-2020

Source: SHEV.io

Imports natural latex in primary forms to the Philippines

Imports in kind, t

After a two-year increase, import volume of natural latex in primary forms to the Philippines declined. In 2020, imports reached 268 t, a 44.3% drop year-over-year. Between 2017 and 2020, imports decreased by 3.1%, equating to an annualized rate of -1.0%. The highest volume was recorded in 2019 at 480 t, while the largest annual increase occurred in 2018 at 38.6%.

Annual dynamics of product's imports to the Philippines in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	38.6%	25.5%	(44.3%)	(1.0%)

Source: SHEV.io

From 2017 to 2020, Malaysia (32.8% of imports in kind), Thailand (24.0%), and Japan (15.3%) were the key sources for imports in kind, together comprising 72.1% of total flows.

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

Source: SHEV.io

World map of product's imports to the Philippines in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Following a two-year gain, import value of natural latex in primary forms to the Philippines declined. In 2020, imports amounted to 691 K $ US, which is 37.9% lower than the year before. Over the 2017-2020 period, imports increased by 15.1%, with a compound annual growth rate of 4.8%. The peak value was recorded in 2019 at 1 113 K $ US, with the largest annual increase also in 2019 at 55.1%.

Annual dynamics of product's imports to the Philippines in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	19.5%	55.1%	(37.9%)	4.8%

Source: SHEV.io

Throughout 2017–2020, Japan (27.6% of imports in value terms), Malaysia (23.8%), and Thailand (13.7%) remained the key sources for imports in value terms, together accounting for 65.0% of total flows.

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

Source: SHEV.io

World map of product's imports to the Philippines in value, 2017-2020

Source: SHEV.io