How much does Indonesian rubber cost?

As of July 2023, the average price of Standard Indonesian Rubber (SIR) 20 was 1.3 U.S. dollars per kilogram. February 2022 saw the highest value during the measured period with 1.80 U.S. dollars per kilogram. Indonesia is the second-largest rubber producer globally and the natural rubber SIR 20 is the most exported rubber type from the country.

Which country exports Indonesian rubber?

Global Rubber Price, July 1997 – December 2024 (in USD cents/kilogram): Around 75-80 percent of Indonesia's natural rubber production is exported, with the biggest export markets being Japan and the United States. Meanwhile, China, India and South Korea are also big offtakers of Indonesian rubber.

How many categories of rubber are there in Indonesia?

However, only three are worthy to be mentioned here as the other 21 categories are insignificant. Still, among those three categories, one is completely dominant. Around 90 percent of all exported rubber products from Indonesia involves Technically Specified Natural Rubber (TSNR 20, with HS Code 40012220).

How much is standard Indonesian rubber (SIR) 20?

Industry-specific and extensively researched technical data (partially from exclusive partnerships). A paid subscription is required for full access. As of July 2023, the average price of Standard Indonesian Rubber (SIR) 20 was 1.3 U.S. dollars per kilogram.

How much rubber does Indonesia produce per hectare?

For example, Indonesia only manages to produce 1,088 kilogram (kg) of rubber per hectare (ha) in its top rubber-producing province of South Sumatra (and the national average is well below that level), while farmers in Thailand produce an average of 1,800 kg of rubber per ha.

What happened to synthetic rubber imports in Indonesia in 2022?

In 2022, synthetic rubber imports into Indonesia fell to 354K tons, with a decrease of -8.9% compared with 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 22%.