The International Rubber Study Group (IRSG) has released its Rubber Statistical Bulletin for Q1 2026, covering full-year 2025 data. The report highlights a year of marginal growth in global rubber production alongside subdued demand conditions shaped by persistent geopolitical and trade headwinds. Despite a slight increase in global output, the rubber market is caught between growth and uncertainty, as demand stagnates under the weight of trade disruptions and slower automotive sector momentum.
Global total rubber production reached 31.5 million tonnes in 2025, marking a modest increase of 0.3% compared to 2024. In contrast, global consumption edged down by 0.2% to 31.9 million tonnes, signalling continued demand softness amid tariff-related uncertainties and slower momentum in key downstream sectors, particularly the automotive and tyre markets.
Global natural rubber production rose by 1.9% year-on-year in 2025, while consumption increased at a slower pace of 0.4%, resulting in a supply deficit estimated at 388 kt. Trade activity remained firm, with exports growing by 3.4% and imports rising by 3.2%. Prices for natural rubber showed slight improvement over the year, supported by continuing tight supply conditions.
In contrast, synthetic rubber production declined by 1.2% in 2025, with consumption also decreasing by 0.6%, reflecting weaker industrial demand. Export volumes dipped marginally by 0.2%, while imports increased by 2.7%. Synthetic rubber prices remained under pressure, largely influenced by weak downstream demand.
The global rubber market continues to navigate a complex environment marked by geopolitical uncertainties, evolving trade policies, and uneven industrial recovery. While supply fundamentals for natural rubber show signs of tightening, demand recovery remains uncertain in the near term.