Helixtap Rubber Market Outlook Report 2023: Historical Oversupply Likely To Start Easing From 2023

In the 9 years from 2013 to 2021, a surplus in rubber production was observed in most years. Before that, production and consumption were at parity from 2010 to 2012. The highest recorded surplus within this period was an 840,000 tons surplus in 2013 while the largest deficit of 200,000 tons was seen last year. Without taking account of actual inventory levels in the market during the same period, an oversupplied market will likely put downward pressure on prices. In theory, high consumption lev