Latest World Rubber Industry Outlook now available from IRSG

As the sole international body representing the global rubber industry, with its remit centred largely on the provision of timely and relevant economic and statistical information to industry stakeholders, the Secretariat of the International Rubber Study Group (IRSG) publishes data on production, consumption, trade and prices – covering both natural rubber (NR) and synthetic rubber (SR) – on a quarterly basis in its flagship documents, the Rubber Statistical Bulletin and the Rubber Industry Report.

The April-June 2011 editions of both publications are now available from the IRSG.

Global rubber consumption reached 24.6 million tonnes in 2010, 15.3% higher than in 2009, reflecting a strong recovery in the demand for vehicles and tyres. Global SR production was 14.1% higher than in 2009, in line with the strong recovery seen in SR consumption, while global NR supply was 7.2% higher than in 2009.

Global rubber demand is forecast to reach 25.7 million tonnes in 2011 and 27.6 million tonnes in 2012. Global SR demand is expected to grow by 5.0% in 2011 and 9.0% in 2012, while global NR demand is forecast to rise by 3.8% in 2011 and 5.4% in 2012. Partly due to the impact of higher prices, and assuming normal growing conditions, global NR production is forecast to rise by 5.6% in 2011 and 8.2% in 2012.

Annual subscriptions and single copies can be purchased via the IRSG website.