Restoring Growth: A New Reality of Trade, Investment and Innovation in the Rubber industry
The Summit
Designed to address broader, strategic policy-led issues to ignite growth to bring transition in the rapidly changing world economy that impacts the rubber industry. The Summit provides a Global Platform for rubber industry stakeholders, representing all the links in the value chain, to meet, deliberate and discuss the latest trends, industry challenges and new opportunities on major challenges confronting the industry and critical success, in the context of the emerging macroeconomic trends and developments at raw material, technology and product fronts.
The Summit – a 2-day event will bring together world leaders, global business executives, innovation champions, established entrepreneurs, academic-industry experts, and next- generation young professionals who are adjusting to the rapidly changing world economy for inclusive, digitalized, and sustainable growth.
World Rubber Summit focus on key areas for discussion around strategy-policy issues, trade, market, techno-innovations, climate change, woman, and youth inclusive development in the Global rubber Industry– a one and only must-attend event for all stakeholders to join the focused debate on how to make the rubber world a better place for everyone in the future:
Get the latest Industry Intelligence
From the fast-moving business environment to the outlook and opportunities in the various market segments, discussions on commodity pricing, industry innovations and alternative sources of capital, are key issues contribute to the rubber industry’s growth prospectus and sustainability.
About Organizer:
The International Rubber Study Group (IRSG) is an intergovernmental organization and the most authoritative source of statistical data and market analysis for the world rubber market. IRSG promotes the international cooperation on rubber issues and its Secretariat is based in Singapore.
Host Government:
Federal Republic of Nigeria – Federal Ministry of Industry, Trade and Investment
Sponsorship, Partnership and Awards
There will be combination and separate sponsorships for:
– 2 Days of Conference & NextGen Leaders’ Summit
– Conference plus Partnership & Innovation Booth
– Conference, Partnership & Innovation Booth and Sponsoring one or more award category
Why Africa and Nigeria
Africa’s contribution to the production and consumption of natural rubber is still not significant as the continent only accounts for 10% of world supplies and with about 10.2% production growth rate. This is against 87% supply from Asia with abound 4.9% production growth rate and 8.4% consumption growth rate (IRSG, 2022a). The main rubber producers in Africa are Cote d’Ivoire, Cameroon, Nigeria, Liberia, Ghana, Gabon, Guinea and Congo. Cote d’Ivoire has the largest rubber-growing area in Africa and the fastest-growing economy in the West-African region. Cote d’Ivoire attracts global commodities traders and processors to tap the potential of rapidly expanded production capacity. With sustained production growth expected from this region, Cote d’Ivoire has great potential of creating sustainable value addition and leading Africa’s transition to a major rubber sourcing hub.
Cote d’Ivoire presents a model example of a unique position to harness Africa’s strengths, and to tap and strengthen global trade, Agri-tech innovations, and sustainable rubber cultivation to make inclusive sustainable growth a reality.
Nigeria has in recent past witnessed a decline in its natural rubber production. However, this decline has been considerably reversed. Nigeria’s ranking has changed from 4th to 2nd position among Africa natural rubber producing countries.
Sponsorship Opportunity, Media Partnership and Interviews
*Contact us for more details.