The production of natural rubber (NR) in India increased by 23% during the last fiscal (2016-17). As per data provided by Rubber Board, the production of NR increased from 562,000 tonnes in 2015-16 to 691,000 tonnes in 2016-17. NR consumption during the same period increased from 994,415 tonnes to 1,043,075 tonnes, with a 4.9% increase. Over the same period, productivity in India increased from 1,437 kg per hectare to 1,563 kg per hectare.
The import of NR that had been consistently increasing from 2008 -09 reached 458,374 tonnes in 2015-16. But in 2016-17, import of NR declined for the first time by 7% to 426,434 tonnes. The export during 2016 -17 was 20,920 tonnes.
The production during April - May 2017 is estimated provisionally as 85,000 tonnes and consumption as 1,70,525 tonnes. The production and consumption of NR for the current fiscal is projected at 800,000 tonnes and 10,70,000 tonnes respectively with a deficit of 270,000 tonnes.
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