Worldwide rubber consumption to increase 4.4%.The International Rubber Study Group predicts that worldwide rubber consumption will increase 4.4% this year with almost a 4% increase for 1996. The IRSG IRSG - Internet Research Steering Group said that 14.2 million metric tons were consumed con·sume v. con·sumed, con·sum·ing, con·sumes v.tr. 1. To take in as food; eat or drink up. See Synonyms at eat. 2. a. in 1994, 8.7 million for synthetic rubber synthetic rubber: see rubber. and 5.5 for natural. The total figure is to reach 14.8 million this year and 15.4 in 1996. SR consumption will total 9.08 mt in 1995 and 9.4 mt in 1996. [ILLUSTRATION OMITTED] Production of NR is to run slightly ahead of consumption through this year, but the IRSG sees a shortfall Shortfall The amount by which the capital required to fulfill a financial obligation exceeds available capital. Notes: Shortfall risk is often combated with an efficient hedging strategy created by a fund, group, institution, or individual. for 1996. Production of NR is expected to reach 5.8 mmt for 1995 and 5.99 mmt next year, which would indicate a shortfall of 60,000 mt. 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. will continue to be the top NR producer, followed by 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. and 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. . Production in Thailand is expected to increase over 9% to 1.84 mmt by the end of 1996 from the 1.68 mmt produced in 1994. Indonesia's production will incrementally increase from the 1.4 mmt in 1994 to 1.48 in 1996. NR production in Malaysia is expected to decline to 1.05 mmt from 1.08 mmt registered in 1994. Synthetic rubber production is expected to outpace out·pace tr.v. out·paced, out·pac·ing, out·pac·es To surpass or outdo (another), as in speed, growth, or performance. outpace Verb [-pacing, consumption through the end of next year, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the IRSG. 8.5 mmt of SR was produced in 1994 and that figure is to reach 9.1 mmt in 1996. The U.S. will remain the top producer with 2.37 mmt of SR produced predicted for 1996. The U.S. produced 2.33 mmt in 1994. Japan's production of SR is expected to reach 1.37 mmt in 1996, up from 1.33 mmt in 1994. A big jump in production is expected to come from the former Soviet Union, with production climbing from 630,000 mt in 1994 to 750,000 mt. in 1996. Production of SR in Germany Germany (jûr`mənē), Ger. Deutschland, officially Federal Republic of Germany, republic (2005 est. pop. 82,431,000), 137,699 sq mi (356,733 sq km). is expected to decline from 603,000 mt in 1994 to 570,000 mt in 1996. Conversely con·verse 1 intr.v. con·versed, con·vers·ing, con·vers·es 1. To engage in a spoken exchange of thoughts, ideas, or feelings; talk. See Synonyms at speak. 2. , France's production should increase to 570,000 mt in 1996 from 520,000 mt. Natural rubber production
1994 1995 1996
Thailand 1683 1754 1842
Indonesia 1408 1444 1479
Malaysia 1088 1080 1050
India 464 503 540
China 337 355 370
Sri Lanka 108 110 118
Vietnam 89 90 91
Nigeria 95 93 90
Cote d'Ivoire 72 79 85
Philippines 58 61 63
Cameroon 53 55 57
Liberia 30 35 40
Cambodia 30 32 34
Brazil 28 29 30
Guatemala 25 26 26
Myanmar 17 18 18
Zaire 12 15 17
Ghana 8 10 11
Total world (rounded)(a) 5660 5810 5990
(a) Including statistical discrepanices
(000 mt)
Synthetic rubber production
1994 1995 1996
U.S.A. 2331 2355 2375
Japan 1336 1360 1376
C.I.S. 630 690 750
France 520 545 570
Germany 603 560 570
China 460 500 530
Rep. of Korea 325 370 400
Brazil 292 306 320
Italy 305 310 315
U.K. 295 300 303
Taiwan 223 230 235
Canada 215 225 230
Netherlands 195 210 215
Belgium 126 135 140
Poland 85 100 115
Spain 72 80 85
Mexico 76 80 84
Czech Rep. 74 78 82
India 59 66 70
Romania 26 37 55
Total world (rounded) 8510 8810 9120
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