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Rubber Board sees 75,000-tonne supply shortfall this year

26 Sep 2011 Evaluate

The Rubber Board is projecting a 75,000-tonne shortfall in availability of natural rubber in India this year. Rubber production is set to increase to 9.02 lakh tonnes (lt), representing a 4.6 per cent growth over last year. The rubber products industry will need over 9.77 lt that is well over the anticipated supplies. India's natural rubber consumption stood at 9.78 lt per year, with production at 8.93 lt; the rest was imported. Over the next decade and a half, the Rubber Board expects the shortfall to grow to over 1.80 lt with production in 2025 expected to touch 1.63 million tonnes against a demand of 1.81 million tonnes of natural rubber.

Expanding the plantation of natural rubber to new areas, particularly the North-East and other pockets in the South including parts of Tamil Nadu, is an option, she said. Between 2005 and 2011 the area under production has trebled to about 1.54 lakh hectares compared with 1998-2004 when it was around 53,730 ha.

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