In 2023, Indonesia's export of natural rubber and gums stood at 3.8222 billion USD. Historical data shows variability in year-on-year growth, with significant declines in 2014 and 2015, a notable increase in 2017, and subsequent fluctuations. The compound annual growth rate (CAGR) over the last five years is -0.66%, indicating a slight decline. Forecasts show a steady decrease with a projected CAGR of -1.41% over the next five years, predicting the value to fall to 3.4971 billion USD by 2028.
Future trends to watch for include the impact of global rubber demand shifts, technological advancements in synthetic alternatives, and Indonesia's production capacity and sustainability practices.
