Key Market Indicators
In 2018, Tanzanian Natural Rubber Import increased 297.4% to $258,470 compared to 2017. The country was ranked 81st in the world, while Togo placed ahead at $258,470. The US, Malaysia and Japan were numbers 2, 3 and 4 respectively. Tanzanian Natural Rubber Export also grew 6.6% to total $56,250 in 2018, compared to 2017. The country was ranked 69th globally, with Ireland in the lead at $56,250. Indonesia, Ivory Coast and Malaysia were numbers 2, 3 and 4 respectively. Since 2000, Tanzanian demand has decreased 9.8%, while supply has fallen 33.5% since 2002.
Improve your Knowledge with the latest Indicators and Trends
In the global industrial commodities landscape, the natural rubber sector maintains a substantial position, driven primarily by its use in the automobile industry. Environmental factors, price volatility and shifts in producer-consumer dynamics remain critical influencers. Despite market disruptions, notably China's economic slowdown and trade tensions, the sector shows resilience.Read more
The nitrile butadiene rubber (NBR) market forms a critical part of the larger chemical industry. Manufactured from acrylonitrile and butadiene, NBR is a type of synthetic rubber widely known for its excellent resistance to oils, fuels, and other chemicals. It holds an indispensable role across multiple sectors including the automotive,...Read more
The global market is witnessing an upswing in the demand for natural rubber, attributed significantly to the rise in the automobile industry and the industrial sector. This key material ensures superior quality and performance in a wide range of applications. However, market fluctuations due to unpredictable weather conditions and governmental...Read more