Price for Inner Tubes, of Rubber in Malaysia - 2021

Price for Inner Tubes, of Rubber in Malaysia (CIF) - 2021

The average inner tubes, of rubber import price stood at $4.3 per unit in December 2021, with a decrease of -3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in January 2021 when the average import price increased by 18% m-o-m. Over the period under review, average import prices attained the peak figure at $4.9 per unit in March 2021; however, from April 2021 to December 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2021, the countries with the highest prices were Vietnam ($4.9 per unit) and Thailand ($4.6 per unit), while the price for South Korea ($4.0 per unit) and Singapore ($4.2 per unit) were amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Inner Tubes, of Rubber in Malaysia (FOB) - 2021

In December 2021, the average inner tubes, of rubber export price amounted to $4.2 per unit, declining by -3.2% against the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in January 2021 an increase of 26% against the previous month. As a result, the export price attained the peak level of $4.6 per unit. From February 2021 to December 2021, the the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In December 2021, the countries with the highest prices were Vietnam ($4.5 per unit) and Thailand ($4.2 per unit), while the average price for exports to Guyana ($4.1 per unit) and Solomon Islands ($4.1 per unit) were amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Inner Tubes, of Rubber in Malaysia

In 2022, approx. 11M units of inner tubes, of rubbers were imported into Malaysia; waning by -6.1% on the previous year's figure. Overall, imports saw a perceptible reduction. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year. Imports peaked at 12M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, inner tubes, of rubber imports reduced to $17M in 2022. In general, imports recorded a mild slump. The pace of growth was the most pronounced in 2021 with an increase of 16%. As a result, imports attained the peak of $18M, and then shrank in the following year.

Import of Inner Tubes, of Rubber in Malaysia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	9.0	8.2	10.7	9.6	2.2%
South Korea	5.6	4.0	3.8	4.0	-10.6%
Thailand	1.7	1.7	1.6	1.5	-4.1%
Vietnam	0.6	0.4	0.6	0.5	-5.9%
Indonesia	0.3	0.2	0.5	0.4	10.1%
Others	0.3	1.1	0.9	0.9	44.2%
Total	17.5	15.6	18.1	16.8	-1.4%

Top Suppliers of Inner Tubes, of Rubber to Malaysia in 2022:

China (8.1M units)
Thailand (1.2M units)
South Korea (0.7M units)
Indonesia (0.4M units)
Vietnam (0.2M units)

Exports of Inner Tubes, of Rubber in Malaysia

Inner tubes, of rubber exports from Malaysia reduced modestly to 279K units in 2022, dropping by -4.8% against the year before. Over the period under review, exports showed a dramatic setback. The growth pace was the most rapid in 2021 when exports increased by 6.8% against the previous year. Over the period under review, the exports hit record highs at 935K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, inner tubes, of rubber exports dropped to $1.3M in 2022. In general, exports faced a precipitous descent. The pace of growth was the most pronounced in 2021 when exports increased by 5.4% against the previous year. The exports peaked at $2.9M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Inner Tubes, of Rubber in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Thailand	1,361	422	320	454	-30.6%
South Africa	292	118	157	132	-23.3%
Indonesia	393	44.0	134	126	-31.6%
Papua New Guinea	133	104	145	122	-2.8%
Congo	72.9	99.8	139	117	17.1%
United Arab Emirates	0.3	78.3	102	85.7	558.6%
Singapore	61.7	34.8	67.3	56.7	-2.8%
Russia	38.7	37.1	65.7	55.3	12.6%
Vietnam	151	85.6	13.4	52.5	-29.7%
United States	113	37.0	29.8	39.0	-29.9%
Croatia	70.9	33.7	25.8	28.7	-26.0%
Bulgaria	23.1	15.6	17.0	14.3	-14.8%
Myanmar	50.5	N/A	42.5	N/A	-8.3%
Others	116	174	94.3	35.8	-32.4%
Total	2,876	1,284	1,353	1,318	-22.9%