NATURAL RUBBER INDUSTRY

Rubber trees are grown mainly in Southeast Asia, Africa and a small part in the Americas. In 2017, Asia continues to dominate the supply of natural rubber with a proportion of 90.9% of the world volume. According to ANRPC, Vietnam has been a country with rubber production capacity leading in Asia since 2013. Vietnam’s natural rubber exploitation volume in 2018 was estimated to increase by 4.5% compared to 2017 in which Southern region accounted for more than 70.4% of total mining production.

Currently, Vietnam is the third largest rubber exporter in the world, only behind Thailand and Indonesia. In Q1 / 2019, rubber exports increased by 30.6% in volume, 16.7% in value and 10.6% in price. China continued to be Vietnam’s largest export market.

In Q1 / 2019, rubber goods imports were estimated to increase 1.1% over Q1/2018. Generally for 2018, the average price of exported natural rubber decreased by 17.9% compared to 2017. In Q1 / 2019, the average price of imported natural rubber continued to decline due to the high natural rubber reserve in the world.

It is forecasted that the natural rubber price will recover again in 2019 thanks to the increase in world oil price. Besides, there are positive signs on China-America trade and the rubber price subsidy of 3 rubber producing countries will also help the price of natural rubber in Vietnam recover according to the world trend.

Abbreviations
Executive summary
1. Business environment
1.1 Macroeconomic situation
1.2 Legal framework
2. World natural rubber industry
2.1 Definition
2.2 Production value chain
2.3 Production
2.4 Consumption
3. Vietnam natural rubber industry
3.1 History of formation and development of the industry
3.2 Production
3.3 Consumption
3.4 Import export
3.5 Price movements of natural rubber
4. SWOT analysis
5. Industry development planning
6. Driving forces of the industry
7. Enterprise analysis
7.1 Enterprise introduction
7.2 Financial analysis

Da Nang Rubber Corporation
Inoue Rubber Company Việt Nam
Dau Tieng Rubber company
Dongil Rubber Belt Việt Nam (DRB)
Phu Rieng Rubber Company ltd.c
Dong Nai Rubber company (Donaruco)
Phuoc Hoa Rubber company
VRG Khai Hoan JSC
Viet – Y Company ltd.
Dong Phu Rubber Company (DORUCO)

List of figures
Figure 1: GDP growth rate by quarter, 2015 – Q1/2019
Figure 2: Production value of agriculture, forestry and fishery, 2015 – Q1/2019
Figure 3: Export structure of agricultural products of Vietnam by value, Q1/2019
Figure 4: Share of rubber in import export turnover of agricultural, forestry and fishery products by value, 2010 – Q1/2019
Figure 5: VND/USD exchange rate, 2011 – 3/2019
Figure 6: VND/CNY exchange rate, 2016 – 3/2019
Figure 7: World crude oil price, 2011 – 3/2019
Figure 8: Life cycle of rubber tree
Figure 9: Top 5 countries with the largest rubber plantation area, 2011 – 2017e
Figure 10: Rubber yield of six major producing countries in Asia, 2017
Figure 11: Top countries with the largest natural rubber harvest area in the world, 2016e
Figure 12: Production volume of natural rubber in the world, 2010 – 2019f
Figure 13: Structure of world rubber production, 2010 – 2017e
Figure 14: Top countries with the largest natural rubber production volume in the world, 2012 – 2018f
Figure 15: World Natural Rubber Production Volume by Region, 2014 – 2017e
Figure 16: Consumption volume of natural rubber in the world, 2011 – 2019f
Figure 17: Proportion of natural rubber consumption in rubber consumption, 2011-2019f
Figure 18: Global consumption output of natural global, 2010 – 2019f
Figure 19: Share of world natural rubber consumption by region,
2014 – 6Ms/2018
Figure 20: Structure of using natural rubber, 2016e
Figure 21: Structure of natural rubber consumption by region, 2017
Figure 22: Rubber plantation area by region, 2018
Figure 23: Rubber plantation area in Vietnam, 2010 – 2018
Figure 24: Number of enterprises and employees planting rubber, 2010 – 2017
Figure 25: Total revenue and profit of the rubber plantation, 2010 – 2017
Figure 26: Number of enterprises and labor in production of rubber products, 2010 – 2017
Figure 27: Distribution of Rubber products producing companies, 2017e
Figure 28: Structure of rubber plantation area, 2017
Figure 29: Production and productivity of natural rubber production in Vietnam, 2011 – 2018
Figure 30: Rubber production structure of VRG, 2019f
Figure 31: Rubber density of VRG, 2018e
Figure 32: Output of latex types SVR 10, 20 of VRG, 2018 – 2035
Figure 33: Structure of product categories, 2020f
Figure 34: Structure of product categories, 2025f
Figure 35: Structure of product categories, 2030f
Figure 36: Consumption of natural rubber in Vietnam, 2010 – 2017e
Figure 37: Share of natural rubber consumption by supply, 2010 – 2017e
Figure 38: Domestically manufactured rubber products, 2010 – 2018e
Figure 39: Structure of natural rubber consumption, 2016e
Figure 40: Natural rubber export of Vietnam, 2010 – Q1/2019
Figure 41: Export structure of rubber industry, 2017
Figure 42: Vietnam’s natural rubber export markets, Q1/2019
Figure 43: Structure of exported natural rubber by category, Q1/2019
Figure 44: Exports of products made of rubber, 2010 – Q1/2019
Figure 45: Export Market of rubber products, Q1/2019
Figure 46: Export structure of products made of rubber, 2018
Figure 47: Exports of products made of rubber, 2018
Figure 48: Export structure of products made of rubber, 2018
Figure 49: Export of Vietnam tires, 2011-2018
Figure 50: Export of Vietnam tires by category, 2018e
Figure 51: Export market of Vietnam tires, 2018e
Figure 52: Export of wood and rubber wood productions, 2015-6M/2018
Figure 53: Export of rubber wood productions, 6M/2018
Figure 54: Export market of Vietnam rubber wood productions, 6M/2018
Figure 55: Import of natural rubber of Vietnam, 2010 – Q1/2019
Figure 56: Vietnam’s natural rubber import markets by volume,Q1/2019
Figure 57: Import of products made of rubber, 2010 – Q1/2019
Figure 58: Importers of products made of rubber, Q1/2019
Figure 59: Export price movement of natural rubber of Vietnam, 2006 – Q1/2019
Figure 60: Rubber price movement in the country, 1/2016-3/2019
Figure 61: Net revenue growth rate, 2017-2018
Figure 62: Gross profit growth rate, 2017-2018
Figure 63: Liquidity ratio , 2018
Figure 64: Receivables turnover ratio, 2018
Figure 65: Solvency, 2018
Figure 66: Asset turnover coefficients, 2018
Figure 67: Fixed asset turnover coefficients, 2018
Figure 68: General and administrative expenses/ Net revenue, 2017-2018
Figure 69: Interest expenses/ Net revenue, 2018-2018
Figure 70: Profit margin, 2018

List of tables
Table 1: Import tariff of natural rubber in China, 2017
Table 2: Import tariff of natural rubber
Table 3: Structure of the main participants of Vietnam rubber industry
Table 4: Small rubber plantation area of some provinces, 2018e
Table 5: Production indicators of some natural rubber companies, 2018
Table 6: Top 20 natural rubber exporting enterprises by export value, Q1/2019
Table 7: Top 10 exporting tire enterprises, 2017
Table 8: Top enterprises in the natural rubber industry having largest revenue in 2018