印度橡胶行业市场前景及投资研究报告-培训课件外文版2024.6榴莲

INDUSTRIES

&

MARKETSRubberindustryinIndiaCHAPTER

01OverviewNaturalrubberproductionworldwidefrom2000toH12023(inmillionmetrictons)Globalproductionofnaturalrubber2000-H1202316141210864202000

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H120233Description:Inthefirsthalfof2023,naturalrubberproductionworldwideamountedtoalmost6.5millionmetrictons.Thisisanotableincreasesince2000,whenatotalofaround6.8millionmetrictonsofnaturalrubberwasproducedglobally.

ReadmoreNote(s):Worldwide;2000toH12023Source(s):InternationalRubberStudyGroup;MalaysianRubberBoardLeadingnaturalrubberproducingcountriesworldwidein2022(in1,000metrictons)Naturalrubberproductionworldwide2022,bycountryProductioninthousandmetrictons2,000

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3,00005001,0001,5003,5004,0004,5005,000ThailandIndonesiaVietnamIvoryCoastChina4,7533,1351,2921,286853India843Malaysia3774/statistics/275397/caoutchouc-production-in-leading-countriesThailandproduced4.75millionmetrictonsofnaturalrubberin2022.Thatvolumeaccountedforapproximately35percentofglobalnaturalrubberproductionthatyear.ThismadeThailandtheworld`sleadingnaturalrubberproducingcountry.

ReadmoreNote(s):Worldwide;2022Source(s):ANRPC;InternationalRubberStudyGroup;RubberBoardNaturalrubberproductionintheAsia-Pacificregionin2021,bycountry(in1,000metrictons)NaturalrubberproductionAPAC2021,bycountryProductioninthousandmetrictons05001,0001,5002,0002,5003,0003,5004,0004,5005,000ThailandIndonesia*Vietnam4,643.723,121.471,271.86India*749749China**MalaysiaPhilippines469.67430.64374.3259.5225.776.8822Cambodia**Myanmar**LaoPeople'sDemocraticRepublic**SriLankaBangladesh**PapuaNewGuinea**Brunei*5.50.265Description:In2021,theproductionofnaturalrubberinThailandamountedtoover4.6milliontons.Incomparison,theproductionofnaturalrubberinBruneiwasapproximately260tonsin2021.ReadmoreNote(s):APAC;2021;*Valuesarebasedonimputationmethodology.**Unofficialfigure.Figureshavebeenrounded.ReadmoreSource(s):FAOConsumptionofnaturalandsyntheticrubberworldwidefrom1990toH12023(inmillionmetrictons)Globalconsumptionofnaturalandsyntheticrubber1990-H12023NaturalSynthetic1816141210864201990*

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2022H120236Description:In2022,some14.3millionmetrictonsofnaturalrubberand15.4millionmetrictonsofsyntheticrubberwereconsumedworldwide.ReadmoreNote(s):Worldwide;1990toH12023;*Addedfromanotherpublicationusingthesamesource.Thefigureshavebeentakenfromseveralpublications.ReadmoreSource(s):InternationalRubberStudyGroup;MalaysianRubberBoardConsumptionofnaturalrubberworldwidefrom2015to2022,byleadingcountry(in1,000metrictons)Naturalrubberconsumption2015-2022,bycountryChinaIndiaUnitedStatesThailandJapanIndonesiaMalaysiaBrazil12,00010,0008,0006,0004,0002,0000201520162017201820192020202120227Description:Chinaconsumedthemostnaturalrubberworldwidein2022,at5.7millionmetrictons.ThiswasfollowedbyIndiaandtheUnitedStates,whoconsumed1.3millionmetrictonsandonemillionmetrictonsofnaturalrubberthatyear,respectively.TheoutbreakofCOVID-19in2020causedadecreaseinnaturalrubberconsumptioninmanycountriesworldwide,butdemandreboundedin2021.ReadmoreNote(s):Worldwide;2015to2022Source(s):InternationalRubberStudyGroup;RubberBoardWholesalePriceIndexofrubberproductsacrossIndiafromfinancialyear2013to2023WholesalePriceIndexofrubberproductsIndiaFY2013-2023110106.4105101.9100.399.31009595.693.593.391.791.49190.49085FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY20238Description:Infiscalyear2023,theWholesalePriceIndexforrubberproductsstoodat106.4,indicatingthatthepricesforthesecommoditieshadincreasedbyaboutsixpercentfromthebaseyearof2012.OneofthereasonsforthedecreaseinpricesinthepreviousyearswastheexemptionsonGoodsandServicesTaxforrubberandtireproducts.ReadmoreNote(s):India;FY2013toFY2023;BaseyearFY2012=100Source(s):OEA(India)CHAPTER

02ProductionProductionvolumeofnaturalrubberinIndiafromfinancialyear2006to2023(in1,000metrictons)ProductionvolumeofnaturalrubberIndiaFY2006-20231,000913.7903.79008007006005004003002001000864.5861.95852.9839831.4825.35802.63774775712715691694651645562FY2006

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FY202310Description:TheproductionvolumeofnaturalrubberinIndiaamountedtoapproximately839,000metrictonsinfiscalyear2023.Thiswasanannualincreaseofroughlyeightpercent,andwasthefourthconsecutiveyearthatproductionincreased.

ReadmoreNote(s):India;FY2006toFY2023Source(s):RubberBoardProductionofnaturalrubberinIndiainfinancialyear2023,bytype(inmetrictons)India'sproductionofnaturalrubberbytypeFY2023600,000541,195500,000400,000300,000200,000100,000172,710104,11520,980Others0RibbedsmokedsheetSolidblockrubberLatexconcentrates11Description:OfthevarioustypesofnaturalrubberproducedinIndia,RibbedSmokedSheet(RSS)hadthehighestproductionvolumeasofthefinancialyear2023.India'snaturalrubberproductiontotaledabout839thousandmetrictonsthatfiscalyear.ReadmoreNote(s):India;FY2023Source(s):RubberBoardProductionvolumeofsyntheticrubberinIndiafromfinancialyear2013to2022(in1,000metrictons)ProductionvolumeofsyntheticrubberinIndiaFY2013-202245040035030025020038335835135330828524217215010050105960FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY202212Description:Infiscalyear2022,theproductionvolumeofsyntheticrubberinIndiaamountedtoapproximately383thousandmetrictons.Thisfigurerepresentsaslightdecreasecomparedtothepreviousyear.TheIndianchemicalindustryishighlydiversified,producingover80thousandproducts.ReadmoreNote(s):India;FY2013toFY2022Source(s):DCP(India)ProductionofsyntheticrubberinIndiainfinancialyear2023,bytype(inmetrictons)India'sproductionofsyntheticrubberbytypeFY2023StyrenebutadienePolybutadieneOthers13Description:OfthevarioustypesofsyntheticrubberproducedinIndia,styrenebutadienehadthehighestproductionvolumeasofthefinancialyear2023.Themostcommonapplicationofstyrenebutadieneistiresandtireproductmanufacturing.ReadmoreNote(s):India;FY2023Source(s):RubberBoardProductionvolumeofreclaimedrubberinIndiafromfinancialyear2019to2022(in1,000metrictons)ProductionvolumeofreclaimedrubberinIndiaFY2019-2022160151.2142.6141.18137.01140120100806040200FY2019FY2020FY2021FY202214Description:Inthefinancialyear2022,theproductionvolumeofreclaimedrubberinIndiawasabout151.2thousandmetrictons.Incomparison,thereclaimedrubberconsumptionvolumestoodataround150.5thousandmetrictonsthesameyear.

ReadmoreNote(s):Worldwide;FY2019toFY2022Source(s):InternationalRubberStudyGroup;RubberBoardCHAPTER

03TradeExportvolumeofnaturalrubberfromIndiafromfinancialyear2006to2022,withanestimatefor2023(in1,000metrictons)ExportvolumeofnaturalrubberIndiaFY2006-20238073.8370605040302010060.3556.5546.9330.5929.8527.1525.0920.9212.8711.35.345.074.553.563.710.87FY2006

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FY202316Description:ThequantityofnaturalrubberwhichwasexportedfromIndiaaccountedforover3.56thousandmetrictonsduringfiscalyear2022.Thiswasasignificantdecreasefromthepreviousfiscalyear.

ReadmoreNote(s):India;FY2006toFY2022Source(s):RubberBoardExportvolumeofsyntheticrubberinIndiafromfinancialyear2018to2022(in1,000metrictons)ExportvolumeofsyntheticrubberinIndiaFY2018-202210090959080747064605040302010052FY2018FY2019FY2020FY2021FY202217Description:Inthefinancialyearof2022,thetotalexportvolumeofsyntheticrubberacrossIndiawas90thousandmetrictons.However,theproductionvolumeofsyntheticrubberwasabout383thousandmetrictonsthatyear.

ReadmoreNote(s):India;FY2018toFY2022Source(s):DCP(India);DGCI&SMarketvalueofreclaimedrubberexportsfromIndiain2022,byleadingcountry(inmillionU.S.dollars)ExportvalueofreclaimedrubberinIndia2022,bydestinationcountryExportvalueinmillionU.S.dollars100246812141615.9215.6718UnitedStatesChinaAustraliaSriLankaEcuadorThailandSouthKoreaGermanyBrazil10.278.698.556.074.933.693.533.45Japan18Description:TheUnitedStatesistheleadingtradingpartnerforIndianexportsofreclaimedrubber,withshipmentsvaluedat15.9millionU.S.dollarsin2022.ThiswascloselyfollowedbyChina,atabout15.7millionU.S.dollars.Bothcountriescombinedaccountedforover30percentofIndia'sreclaimedrubberexportvaluethatyear.ChinawasalsotheleadingcountryoforiginforreclaimedrubberimportsintoIndia.ReadmoreNote(s):India;2022Source(s):TheObservatoryofEconomicComplexityImportvolumeofsyntheticrubberinIndiafromfinancialyear2018to2022(in1,000metrictons)ImportvolumeofsyntheticrubberinIndiaFY2018-20228007007476356196085756005004003002001000FY2018FY2019FY2020FY2021FY202219Description:Inthefinancialyearof2022,thetotalimportvolumeofsyntheticrubberacrossIndiawas635thousandmetrictons.However,theproductionvolumeofsyntheticrubberwasjust383thousandmetrictonsthatyear,indicatingadomesticdemandfortheproduct.ReadmoreNote(s):India;FY2018toFY2022Source(s):DCP(India);DGCI&SReclaimedrubberimportsintoIndiain2022,byleadingcountry(in1,000U.S.dollars)ImportvalueofreclaimedrubberinIndia2022,byorigincountryImportvalueinthousandU.S.dollars100050150200250ChinaOman226.37219.29MalaysiaSpain148.34100.04PortugalUnitedStatesBelgium69.2254.6542.33Brazil33.2130.7329.28NetherlandsThailand20Description:Chinaexportedabout226,400U.S.dollarsworthofreclaimedrubbertoIndiain2022,makingittheleadingtradingpartnerforIndianimportsofreclaimedrubberthatyear.Omanrankedaclosesecond,withshipmentsvaluedat219,300U.S.dollars.ChinawasalsoamongsttheleadingtradingpartnersforIndianexportsofreclaimedrubberin2022.ReadmoreNote(s):India;2022Source(s):TheObservatoryofEconomicComplexityCHAPTER

04ConsumptionConsumptionvolumeofnaturalrubberinIndiafromfinancialyear2006to2023(in1,000metrictons)ConsumptionvolumeofnaturalrubberinIndiaFY2006-20231,6001,4001,2001,3501,2381,211.91,134.11,112.21,096.41,044.11,020.9994.4981.5964.4

972.7947.71,0008006004002000930.6871.7861.5820.3801.1FY2006

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FY202322Description:TheconsumptionvolumeofnaturalrubberinIndiaamountedtomorethan1.3millionmetrictonsinfinancialyear2023,anannualincreaseofninepercent.Indiawasthesecond-largestconsumerofnaturalrubberworldwidein2022.NaturalrubberconsumptioninIndiahadmostlybeenonanupwardtrendsince2006,butconsumptiondroppedinfinancialyears2020and2021,withCOVID-19impactingtheindustry.ReadmoreNote(s):India;FY2006toFY2023Source(s):RubberBoardConsumptionofnaturalrubberinIndiainfinancialyear2023,bytype(inmetrictons)India'sconsumptionofnaturalrubberFY2023,bytype700,000658,550600,000500,000400,000300,000200,000100,0000559,335100,19031,925OthersSolidblockrubberRibbedsmokedsheetLatexconcentrates23Description:OfthevarioustypesofnaturalrubberconsumedinIndia,solidblockrubberhadthehighestconsumptionvolumeasofthefinancialyear2023.India'snaturalrubberproductiontotaledabout839thousandmetrictonsthatfiscalyear.ReadmoreNote(s):India;FY2023;valuesincludeindigenousandimportedquantitySource(s):RubberBoardConsumptionofnaturalrubberinIndiafromfinancialyear2017to2023,byenduse(inmetrictons)India'sconsumptionofnaturalrubber2016-2023,byenduseAutotiresandtubesGeneralrubbergoodsTotalFY2017FY2018FY2019FY2020FY2021FY2022FY202324Description:NaturalrubberconsumptioninIndiatotaled1.3millionmetrictonsinthefinancialyear2023.Ofthistotal,almostthree-quarterswasconsumedbytheautotiresandtubessector,withtheremainingquantityusedforgeneralrubbergoods.TheconsumptionofgeneralrubberinIndiafell16percentinthe2020/2021financialyearasaresultoftheCOVID-19pandemic,butreboundedthefollowingyear.Indiawasthesecondlargestconsumerofnaturalrubberin2021,behindChina.

ReadmoreNote(s):India;FY2016toFY2023Source(s):RubberBoardConsumptionofsyntheticrubberinIndiainfinancialyear2023,bytype(inmetrictons)India'sconsumptionofsyntheticrubberFY2023,bytypeStyrenebutadienePolybutadieneOthers25Description:OfthevarioustypesofsyntheticrubberconsumedinIndia,styrenebutadienehadthehighestconsumptionvolumeasofthefinancialyear2023.Themostcommonapplicationofstyrenebutadieneistiresandtireproductmanufacturing.ReadmoreNote(s):India;FY2023;valuesareprovisionalSource(s):RubberBoardConsumptionofsyntheticrubberinIndiafromfinancialyear2017to2023,byenduse(inmetrictons)India'sconsumptionofsyntheticrubber2016-2023,byenduseAutotiresandtubesGeneralrubbergoodsTotalFY2017FY2018FY2019FY2020FY2021FY2022FY202326Description:SyntheticrubberconsumptioninIndiatotaled0.75millionmetrictonsinthefinancialyear2023.Ofthistotal,almostthree-quarterswasconsumedbytheautotiresandtubessector,withtheremainingquantityusedforgeneralrubbergoods.TheautotiressectoralsoaccountsforthelargestshareofnaturalrubberconsumptioninIndia.ReadmoreNote(s):India;FY2017toFY2023Source(s):RubberBoardConsumptionvolumeofreclaimedrubberinIndiafromfinancialyear2019to2022(in1,000metrictons)ConsumptionvolumeofreclaimedrubberinIndiaFY2019-2022160150.47141.1139.7136.1140120100806040200FY2019FY2020FY2021FY202227Description:Inthefinancialyear2022,theconsumptionvolumeofreclaimedrubberinIndiawasabout150.4thousandmetrictons.Incomparison,thereclaimedrubberproductionvolumestoodataround151.1thousandmetrictonsthesameyear.

ReadmoreNote(s):Worldwide;FY2019toFY2022Source(s):InternationalRubberStudyGroup;RubberBoardCHAPTER

05TirecompaniesLeadingtireandrubbercompaniesinIndiaasofMarch2024,basedonmarketcapitalization(inbillionIndianrupees)LeadingtireandrubbercompaniesinIndia2024,basedonmarketcapitalizationMarketcapitalizationinbillionIndianrupees0100200300400500600MRFBalkrishnaIndustriesApolloTyres558.58440.51287.51JKTyreandIndustriesCeat105.9399.92TVSSrichakra30.8826.17GoodyearIndiaPixTransmissionsGRP17.918.473.84RubfilaInternational29Description:MRFwastheleadingIndiantireandrubbercompanybasedonmarketcapitalizationwithabout558billionIndianrupeesasofMarch2024.MRFisanIndianmultinationalcompany,locatedinthesoutherncityofChennai.ReadmoreNote(s):India;asofMarch2024;autoancillaryrelatedcompanies.Source(s):MoneycontrolLeadingtireandrubberproductcompaniesinIndiaasofMarch2024,basedonnetsales(inbillionIndianrupees)LeadingtireandrubberproductcompaniesinIndia2024NetsalesinbillionIndianrupees050100150200250MRFApolloTyres225.78173.01Ceat112.63BalkrishnaIndustriesJKTyreandIndustriesGoodyearIndiaTVSSrichakra98.1196.1829.2828.65GRP4.514.5PixTransmissionsRubfilaInternational3.7130Description:MRFwastheleadingtireandrubberproductsmanufacturingcompanyacrossIndiaasofMarch2024,withnetsalesofover225billionIndianrupees.ApolloTyreswasthesecondleadingtirecompanyinthecountryin2024.TheautocomponentindustryacrossthesouthAsiancountrywasvaluedatover117billionU.S.dollarsattheendoffiscalyear2021.ReadmoreNote(s):India;asofMarch2024;autoancillaryrelatedcompanies.Source(s):MoneycontrolOperationalrevenueofMRFLimitedfromfinancialyear2017to2023(inbillionIndianrupees)OperationalrevenueofMRFFY2017-2023250225.78200189