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Natural Rubber production falls 15.4% in FY15 in Kerala

20 Apr 2015 Evaluate

Production of natural rubber in Kerala has declined by more than 15% during last financial year as against the yield for the corresponding previous year as unremunerative prices kept rubber growers away from tapping. Production of natural rubber during FY15 was 6,55,000 tonnes which was 15.4% lower than 7,74,000 tonnes produced in FY14.

Production decreased by 26.6% to 35,000 tonnes in March 2015 from 47,700 tonnes during March 2014. Kerala accounts for more than 90% of the total rubber production in India. The total area under rubber cultivation in the state is 5.45 lakh hectares.

Total rubber consumption by various industries, including tyre manufacturers, was 10,18,185 tonnes during 2014-15 which was 3.7% more than the previous year. Total rubber imports for 2014-15 were 4,14,606 tonnes, an increase of 54,000 tonnes over previous year.

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