In 2023, the gross production of natural rubber in China stood at X billion USD PPP 2004-2006. The forecasted data shows a steady increase in the production values from 2024 to 2028. In 2024, the production value is projected to be 1.1102 billion USD, with a slight year-on-year increase of 1.6% in 2025, bringing it to 1.128 billion USD. The upward trend continues with values rising to 1.1457 billion USD in 2026, marking a 1.6% growth. By 2027, production is expected to reach 1.1632 billion USD, another 1.5% increase, and eventually hitting 1.1804 billion USD in 2028, growing by 1.5% for the year. Over the last two years (2027-2028), the observed CAGR stood at around 1.6%.
Future trends to watch for include the potential impacts of technological advancements in rubber cultivation and processing, government policies on agricultural subsidies, and international trade agreements influencing the Chinese rubber market. Additionally, environmental concerns could drive changes in production practices, affecting overall output.
