Indonesia to be world's largest producer of rubber
Indonesia is expected to become the world's largest producer of natural rubber in 2020 with production forecast to reach 4 million tons, Asia Pulse reported.
"World natural rubber production is expected to reach 13 million tons in 2020 and Indonesia is predicted to become the world's largest producer with an output of 4 million tons," Agriculture Minister Anton Apriyantono said.
Currently the world's largest producer is Thailand with Indonesia the second followed by Malaysia in third place.
Apriyantono said the country will utilize the momentum of high prices of natural rubber to boost production.
The government will revitalize rubber plantations through replanting to increase productivity, Apriyantono said.
The country rubber plantations are more extensive than those in Thailand but many are not well cared for, resulting in low productivity. Apriyantono said revitalization will especially concentrate on smallholders’ plantations.
Indonesia's natural rubber exports in 2007 reached a total value of $4.6 billion, accounting for 40% of the overall amount the country earned from export of agricultural commodities, he said.
"World natural rubber production is expected to reach 13 million tons in 2020 and Indonesia is predicted to become the world's largest producer with an output of 4 million tons," Agriculture Minister Anton Apriyantono said.
Currently the world's largest producer is Thailand with Indonesia the second followed by Malaysia in third place.
Apriyantono said the country will utilize the momentum of high prices of natural rubber to boost production.
The government will revitalize rubber plantations through replanting to increase productivity, Apriyantono said.
The country rubber plantations are more extensive than those in Thailand but many are not well cared for, resulting in low productivity. Apriyantono said revitalization will especially concentrate on smallholders’ plantations.
Indonesia's natural rubber exports in 2007 reached a total value of $4.6 billion, accounting for 40% of the overall amount the country earned from export of agricultural commodities, he said.