India has become the second largest consumer of natural rubber surpassing U.S. but after China, according to data released by the Rubber Board of India recently.
India has recorded a growth of rubber consumption in 2009 at 2.7% or 905,000 tonnes, up from 881,000 tonnes in 2008 while rubber consumption in U.S. declined by 34% dropping to 687,000 tonnes in 2009, compared with 1.04 million tonnes in 2008 due to the financial crisis.
China, the world’s largest rubber consumer, had rubber consumption in 2009 at 3.46 million tonnes, compared with 2.94 million tonnes in 2008.
Global natural rubber consumption declined by 7.7% to 9.39 million tonnes in 2009, down from 10.17 million tonnes in 2008.
India’s growth in rubber consumption was in tandem with the growth in its automobile sector which recorded a 13.4% growth in rubber consumption as compared to 2.5% growth in 2008-09. Total vehicle sales in 2009-2010 was 12,292,770 units compared with 9,724,243 units in the previous financial year.
The rise of tyre production during 2009-10 was 2.5% for truck and bus tyres and 21% for passenger car tyres
(irco.biz)
No comments:
Post a Comment