Malaysia: Market for Natural Rubber And Gums 2024

Market Size for Natural Rubber And Gums in Malaysia

The Malaysian natural rubber and gum market shrank to $X in 2022, reducing by X% against the previous year. Overall, consumption saw a abrupt slump. Natural rubber and gum consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Natural Rubber And Gums in Malaysia

In value terms, natural rubber and gum production reduced modestly to $X in 2022 estimated in export price. In general, production faced a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of natural rubber and gums in Malaysia contracted dramatically to X kg per ha, which is down by X% against the previous year. Over the period under review, the yield recorded a deep reduction. The most prominent rate of growth was recorded in 2017 when the yield increased by X%. Over the period under review, the average natural rubber and gum yield hit record highs at X kg per ha in 2012; however, from 2013 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of natural rubber and gums production in Malaysia contracted to X ha, approximately mirroring the previous year's figure. Overall, the harvested area, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to natural rubber and gum production attained the peak figure at X ha in 2020; afterwards, it flattened through to 2022.

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Exports of Natural Rubber And Gums

Exports from Malaysia

Natural rubber and gum exports from Malaysia contracted dramatically to X tons in 2022, dropping by X% on the previous year. In general, exports saw a deep setback. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, natural rubber and gum exports reduced remarkably to $X in 2022. Overall, exports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons), Japan (X tons) and Italy (X tons) were the main destinations of natural rubber and gum exports from Malaysia, with a combined X% share of total exports. Spain, Pakistan, Thailand, Taiwan (Chinese), Saudi Arabia, Iran, Poland, Argentina, Colombia and France lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Colombia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Italy ($X) and Japan ($X) constituted the largest markets for natural rubber and gum exported from Malaysia worldwide, together comprising X% of total exports. Spain, Pakistan, Thailand, Poland, Saudi Arabia, Taiwan (Chinese), Argentina, Colombia, Iran and France lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Colombia, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average natural rubber and gum export price stood at $X per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price, however, saw a perceptible contraction. The growth pace was the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced a decline.

Imports of Natural Rubber And Gums

Imports into Malaysia

In 2022, natural rubber and gum imports into Malaysia dropped to X tons, which is down by X% against 2021. In general, imports continue to indicate a slight slump. The growth pace was the most rapid in 2020 when imports increased by X%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, natural rubber and gum imports fell sharply to $X in 2022. Over the period under review, imports recorded a deep downturn. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Thailand (X tons) was the main natural rubber and gum supplier to Malaysia, with a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Thailand amounted to X%.

In value terms, Thailand ($X) constituted the largest supplier of natural rubber and gums to Malaysia.

From 2012 to 2022, the average annual rate of growth in terms of value from Thailand amounted to X%.

Import Prices by Country

In 2022, the average natural rubber and gum import price amounted to $X per ton, which is down by X% against the previous year. Overall, the import price showed a perceptible descent. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Thailand.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to X% per year.

Source: IndexBox Platform

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