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Latest World Rubber Industry Outlook now available from IRSG

22 December 2017

The Secretariat of the International Rubber Study Group (IRSG) publishes comprehensive data on production, consumption, trade and prices – covering both natural rubber (NR) and synthetic rubber (SR) – on a biannual basis the World Rubber Industry Outlook presents the latest long-term forecasts for the next ten years, covering the world economy as well as the vehicle, tyre and rubber sectors.

The December edition of the World Rubber Industry Outlook (WRIO) is now available from the IRSG. There are two economic (IMF and Downside) scenarios for the December 2017 WRIO.

The world total rubber consumption is estimated to increase by 3.2% in 2017, marginally above the 2.9% growth in 2016. World total rubber consumption is forecast to increase at a slightly higher rate of 3.3% to 29.37 million tonnes in 2018 under the IMF Scenario. Under the Downside Scenario, world total rubber consumption is forecast to grow by 2.2% to 29.05 million tonnes in 2018.

World NR demand is forecast to increase by 3.5% to 13.03 million tonnes in 2017 and by 2.4% to 13.34 million tonnes in 2018 under the IMF Scenario. Under the Downside Scenario, the world NR demand is forecast to grow by 1.6% to 13.23 million tonnes in 2018.

World SR demand is expected to increase by 2.9% to 15.4million tonnes in 2017 and by an accelerated rate of 4.1% to 16.04 million tonnes in 2018 under the IMF Scenario. Demand for SR will increase by 2.7% to 15.82 million tonnes in 2018, under the Downside Scenario.

All IRSG publications are available free of charge for Member Governments and members of the Panel of Associates. Annual subscriptions and single copies can be purchased by non-members via the website of the IRSG: www.rubberstudy.com



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