Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Malaysia - 2024

Contents:

  1. Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Malaysia (CIF) - 2022
  2. Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Malaysia (FOB) - 2022
  3. Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Malaysia
  4. Exports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Malaysia

Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Malaysia (CIF) - 2022

The average import price for rubber; natural (excluding latex), in smoked sheetses stood at $1,368 per ton in 2022, reducing by -8.6% against the previous year. Over the period under review, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2017 an increase of 35%. Over the period under review, average import prices hit record highs at $3,024 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($1,475 per ton) and Myanmar ($1,448 per ton), while the price for Thailand ($1,153 per ton) and Cote d'Ivoire ($1,268 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-6.5%), while the prices for the other major suppliers experienced a decline.

Price for Rubber; Natural (Excluding Latex), in Smoked Sheets in Malaysia (FOB) - 2022

In 2022, the average export price for rubber; natural (excluding latex), in smoked sheetses amounted to $2,065 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, showed a pronounced decline. The pace of growth appeared the most rapid in 2017 an increase of 30%. Over the period under review, the average export prices hit record highs at $2,964 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 Vietnam ($3,287 per ton), while the average price for exports to Kenya ($1,622 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 Pakistan (+17.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Malaysia

In 2022, the amount of rubber; natural (excluding latex), in smoked sheetses imported into Malaysia skyrocketed to 109K tons, jumping by 23% on the year before. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 141%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of rubber; natural (excluding latex), in smoked sheetses expanded rapidly to $149M in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 183% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.

Import of Rubber; Natural (Excluding Latex), in Smoked Sheets in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Myanmar40.834.511710938.8%
Thailand4.63.910.528.784.1%
Cote d'Ivoire6.85.32.27.32.4%
Others9.33.13.64.3-22.7%
Total61.446.913314934.4%

Top Suppliers of Rubber; Natural (Excluding Latex), in Smoked Sheets to Malaysia in 2022:

  1. Myanmar (75.0K tons)
  2. Thailand (24.9K tons)
  3. Cote d'Ivoire (5.8K tons)

Exports of Rubber; Natural (Excluding Latex), in Smoked Sheets in Malaysia

In 2022, exports of rubber; natural (excluding latex), in smoked sheetses from Malaysia shrank dramatically to 685 tons, which is down by -79.3% on 2021. In general, exports saw a dramatic curtailment. The pace of growth was the most pronounced in 2021 with an increase of 1,057% against the previous year. As a result, the exports reached the peak of 3.3K tons, and then reduced markedly in the following year.

In value terms, exports of rubber; natural (excluding latex), in smoked sheetses contracted dramatically to $1.4M in 2022. Overall, exports recorded a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of 1,310% against the previous year. As a result, the exports attained the peak of $6.7M, and then reduced notably in the following year.

Export of Rubber; Natural (Excluding Latex), in Smoked Sheets in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/A3,204486-84.8%
IranN/A188N/A39645.1%
Japan223N/AN/A30410.9%
United Arab EmiratesN/AN/AN/A75.30%
Taiwan (Chinese)108N/AN/A41.3-27.4%
Pakistan28.3N/A20834.46.7%
KenyaN/AN/AN/A32.70%
China2,11134.880.4N/A-80.5%
FranceN/AN/A2,950N/A0%
India19734.8N/AN/A-82.3%
Turkey447N/A62.5N/A-62.6%
BrazilN/A212N/AN/A0%
Others1767.422144.6-36.7%
Total3,2914776,7251,415-24.5%

Top Export Markets for Rubber; Natural (Excluding Latex), in Smoked Sheets from Malaysia in 2022:

  1. United States (224.0 tons)
  2. Iran (200.0 tons)
  3. Japan (138.3 tons)
  4. United Arab Emirates (40.0 tons)
  5. Kenya (20.2 tons)
  6. Pakistan (20.0 tons)
  7. Taiwan (Chinese) (20.0 tons)

Source: IndexBox Market Intelligence Platform

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