bearish
Growing Ivorian Supply Could Price Out Asian Competitors With Higher Cost Structures In 2024
3 Views30 Nov 2023 09:15
Since 2007, the top 5 natural rubber (NR) producers globally have remained similar with the exception of Malaysia being replaced by the Ivory Coast. In 2022, the 5 largest producers produced about 78% of the world’s natural rubber supply with the majority originating from Asia.
What is covered in the Full Insight:
- Growth in Ivorian Production
- Comparison with Asian Competitors
- Cuplump Export Ban Impact
- Historical and Projected Growth Rates
- Price Competitiveness
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