IRSG predicts healthy growth through 2001.The International Rubber Study Group called for healthy growth for elastomers through this year but warned that a shortage is foreseen fore·see tr.v. fore·saw , fore·seen , fore·see·ing, fore·sees To see or know beforehand: foresaw the rapid increase in unemployment. in the world natural rubber market. The IRSG IRSG - Internet Research Steering Group sees consumption of rubber totalling 18.6 million metric tons (Transparent Optical Networking Services) A marketing term for providing dark fiber to a customer. The customer is responsible for generating the transmission signal and interpreting it at the other end. See dark fiber. this year, a 4.6% increase over 2000. Rubber consumption in 2000 was pegged peg n. 1. a. A small cylindrical or tapered pin, as of wood, used to fasten things or plug a hole. b. A similar pin forming a projection that may be used as a support or boundary marker. 2. at 17.8 mmt, which was 6.3% higher than 1999. The IRSG forecasts synthetic rubber synthetic rubber: see rubber. consumption in 2001 will surpass 11.1 mmt and natural rubber consumption will reach 7.5 mmt. Production of NR is expected to increase 1.4% to 6.6 mmt after declining 2.2% in 2000. SR production is projected to be near 10.7 mmt, a 1.7% increase over 2000. Total production is forecast to be at 17.1 mmt, a 1.6% increase over the previous year. The IRSG says that long term demand for elastomers is expected to continue at a steady pace. While synthetic rubber output will be able to cope with the forecast increase in demand, a shortage is foreseen in the world natural rubber market. The top two NR producers, Thailand Thailand (tī`lănd, –lənd), Thai Prathet Thai [land of the free], officially Kingdom of Thailand, constitutional monarchy (2005 est. pop. 65,444,000), 198,455 sq mi (514,000 sq km), Southeast Asia. and Indonesia Indonesia (ĭn'dənē`zhə), officially Republic of Indonesia, republic (2005 est. pop. 241,974,000), c.735,000 sq mi (1,903,650 sq km), SE Asia, in the Malay Archipelago. are expected to only produce slightly more than what they produced in 1999, and number three Malaysia Malaysia (məlā`zhə), independent federation (2005 est. pop. 23,953,000), 128,430 sq mi (332,633 sq km), Southeast Asia. The official capital and by far the largest city is Kuala Lumpur; Putrajaya is the adminstrative capital. will produce less.
World natural rubber production
Estimates for 1999 and forecasts for 2000 and 2001 (000 tons)
1998 1999 2000
Brazil 70 72 75
Guatemala 36 38 40
Other Latin America 24 25 26
Cameroon 60 62 65
Cote d'Ivoire 120 125 130
Gabon 4 4 5
Chana 10 12 14
Liberia 85 92 99
Nigeria 58 60 60
D.R. of Congo 7 8 9
Other Africa 5 5 5
Bangladesh 3 3 4
Cambodia 40 43 47
China 460 470 480
India 620 635 650
Indonesia 1,599 1,571 1,602
Malaysia 769 700 730
Myanmar 27 28 28
Papua New Guinea 7 7 8
Philippines 65 67 68
Sri Lanka 97 95 95
Thailand 2,140 2,200 2,150
Vietnam 230 255 275
Total world (a) 6,730 6,580 6,670
(a) Including statistical discrepancies
World synthetic rubber production
Estimates for 1999 and forecasts for 2000 and 2001 (000 tons)
1999 2000 2001
Austria 5 5 5
Belgium 100 105 106
Finland 40 40 40
France 592 610 630
Germany 720 730 740
Italy 279 285 285
Netherlands 185 200 205
Spain 88 90 92
Sweden 38 42 44
U.K. 283 285 285
Bulgaria 23 24 26
Czech Rep. 84 88 93
Poland 97 105 110
Romania 16 14 16
Russian Federation 737 800 820
Turkey 43 50 55
F.R. of Yugoslavia 12 12 15
Other Europe 4 5 6
Canada 180 200 240
U.S.A. 2,354 2,400 2,430
Argentina 52 49 52
Brazil 366 372 385
Mexico 171 172 175
South Africa 52 60 63
Australia 31 30 30
China 679 760 800
India 66 70 74
Indonesia 35 48 56
Iran 67 67 70
Japan 1,577 1,570 1,479
Rep. of Korea 655 700 710
Taiwan 495 490 510
Thailand 100 120 130
Total world 10,230 10,600 10,780
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