Insight

Reference

·

Primary source

Thai natural rubber production volume (2024)

~4.5-5 Mt

As ofFY2024·Sources3·Primary

Thailand produces approximately 4.5-5 million tonnes of natural rubber per year, making it the world's largest producer and exporter. Output is concentrated in the South (Surat Thani, Songkhla, Nakhon Si Thammarat) and increasingly in the Northeast (Isan). The Rubber Authority of Thailand (RAOT) and the Agriculture Futures Exchange of Thailand (AFET) are primary statistical sources.

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Figure in context

Thailand produces approximately 4.5-5 million tonnes of natural rubber per year, making it the world's largest producer and exporter. Output is concentrated in the South (Surat Thani, Songkhla, Nakhon Si Thammarat) and increasingly in the Northeast (Isan). The Rubber Authority of Thailand (RAOT) and the Agriculture Futures Exchange of Thailand (AFET) are primary statistical sources.

Thailand produces approximately 4.5-5 million tonnes of natural rubber per year, making it the world's largest producer and exporter. Output is concentrated in the South (Surat Thani, Songkhla, Nakhon Si Thammarat) and increasingly in the Northeast (Isan). The Rubber Authority of Thailand (RAOT) and the Agriculture Futures Exchange of Thailand (AFET) are primary statistical sources.

Time scope

FY2024

Source basis

Primary source

Interpretation notes

What this tells you

Thailand produces approximately 4.5-5 million tonnes of natural rubber per year, making it the world's largest producer and exporter. Output is concentrated in the South (Surat Thani, Songkhla, Nakhon Si Thammarat) and increasingly in the Northeast (Isan). The Rubber Authority of Thailand (RAOT) and the Agriculture Futures Exchange of Thailand (AFET) are primary statistical sources.

What not to do with it

Use the linked report for interpretation and keep basis differences explicit.

Related figures

Adjacent numbers that add context without drowning the value.

FY2024
~USD 5-7B

Thai natural rubber export value (USD, 2024)

Thai Rubber Association, RAOT export statistics, Thai Customs Department

2023-2024
~85-90%

Smallholder share of Thai rubber output

Rubber Authority of Thailand, ANRPC

FY2024
~THB 55-80/kg

AFET RSS3 rubber price range (2024)

AFET daily price data, RAOT reference prices, SICOM

2023-2024
~5-8% of latex output

Thai latex-to-glove downstream capacity

Sri Trang Agro-Industry Annual Report, RAOT downstream data

Report context

Thailand Rubber Market Intelligence

Thailand produces approximately 4.5M tonnes of natural rubber annually — the world's largest producer at ~35% of global output. ~6M smallholder farmers tap rubber primarily in Southern Thailand, with growing Eastern, Northeast plantings. Sri Trang Agro-Industry (SET: STA) is the listed anchor, parent of Sri Trang Gloves (SET: STGT). Halcyon Agri (SGX-listed, Sinochem), Von Bundit, Southland Rubber, Thai Hua are the key processors. Major downstream consumers: Michelin Thailand, Bridgestone Thailand tyres, STGT medical gloves, automotive, industrial rubber. Rubber Authority of Thailand (RAOT) regulates, supports price stabilisation.

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Atlas actors in this figure's reports

Profiles covered in the report that cite this number.

Bridgestone Thailand

Japanese Bridgestone Group's Thailand tyre manufacturing, NR sourcing; top-3 global tyre major.

Halcyon Agri

SGX-listed Sinochem-controlled global NR processor with significant Thailand footprint.

Michelin Thailand

French Michelin Group's Thailand manufacturing, NR sourcing; global tyre major integrated into Thai rubber ecosystem.

Southland Rubber

Private Thai natural rubber processor; STR, latex processing for domestic, export customers.

Sri Trang Agro-Industry

Listed world-leading natural rubber processor, parent of STGT gloves; vertical integration moat.

Von Bundit

Private top-3 Thai natural rubber processor; STR, latex, RSS across southern Thailand plants.

Thai natural rubber production volume (2024) · Insight