Report Update: May 3, 2024

Malaysia - Erasers Of Vulcanised Rubber - Market Analysis, Forecast, Size, Trends And Insights

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Vulcanised Rubber Erases Price in Malaysia - 2021

Vulcanised Rubber Erases Price in Malaysia (CIF) - 2021

The average vulcanised rubber erases import price stood at $3,682 per ton in December 2021, falling by -11.8% against the previous month. Overall, the import price recorded a mild decline. The most prominent rate of growth was recorded in July 2021 when the average import price increased by 164% against the previous month. Over the period under review, average import prices reached the maximum at $9,168 per ton in March 2021; however, from April 2021 to December 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Italy ($10,716 per ton), while the price for China ($2,335 per ton) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Vulcanised Rubber Erases Price in Malaysia (FOB) - 2021

In December 2021, the average vulcanised rubber erases export price amounted to $4,802 per ton, with an increase of 31% against the previous month. In general, the export price, however, continues to indicate a mild reduction. The most prominent rate of growth was recorded in October 2021 when the average export price increased by 123% month-to-month. Over the period under review, the average export prices attained the peak figure at $7,424 per ton in April 2021; however, from May 2021 to December 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Australia ($9,568 per ton), while the average price for exports to the Netherlands ($1,708 per ton) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Erases Imports in Malaysia

In 2022, imports of erasers of vulcanised rubber into Malaysia contracted to 431 tons, shrinking by -11.1% against 2021 figures. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 48% against the previous year. As a result, imports attained the peak of 485 tons, and then fell in the following year.

In value terms, vulcanised rubber erases imports fell remarkably to $2.2M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. As a result, imports reached the peak of $2.6M, and then dropped markedly in the following year.

Import of Vulcanised Rubber Erases in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	898	1,071	1,285	1,109	7.3%
United States	5.2	71.7	202	169	219.1%
Indonesia	23.9	89.2	199	167	91.2%
Thailand	96.4	183	191	164	19.4%
Singapore	42.8	67.9	146	123	42.2%
Japan	86.4	100	128	108	7.7%
Italy	27.5	32.0	123	103	55.3%
Hong Kong SAR	5.8	30.6	61.6	51.7	107.3%
Others	143	130	222	172	6.3%
Total	1,329	1,776	2,558	2,167	17.7%

Top Suppliers of Vulcanised Rubber Erases to Malaysia in 2022:

China (284.8 tons)
Thailand (36.1 tons)
Indonesia (27.5 tons)
United States (20.0 tons)
Japan (13.9 tons)
Hong Kong SAR (13.9 tons)
Italy (11.6 tons)
Singapore (11.5 tons)

Vulcanised Rubber Erases Exports in Malaysia

In 2022, exports of erasers of vulcanised rubber from Malaysia skyrocketed to 466 tons, with an increase of 19% against 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 27%.

In value terms, vulcanised rubber erases exports reduced to $2.2M in 2022. In general, exports, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year.

Export of Vulcanised Rubber Erases in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	428	407	351	401	-2.1%
China	402	201	343	230	-17.0%
United Kingdom	18.1	17.1	57.1	164	108.5%
United States	221	167	52.3	66.8	-32.9%
Turkey	65.5	119	175	42.1	-13.7%
Russia	53.6	49.0	59.0	39.6	-9.6%
Indonesia	26.9	24.0	55.9	37.5	11.7%
Peru	84.9	12.4	46.6	31.3	-28.3%
Lebanon	4.6	36.0	43.3	29.0	84.7%
Papua New Guinea	28.3	0.4	27.9	18.7	-12.9%
Sweden	75.8	58.1	23.3	14.7	-42.1%
Australia	170	180	102	12.4	-58.2%
Argentina	31.6	23.2	14.0	5.7	-43.5%
Others	934	618	1,080	1,079	4.9%
Total	2,545	1,912	2,431	2,171	-5.2%

Top Export Markets for Vulcanised Rubber Erases from Malaysia in 2022:

Germany (83.9 tons)
China (83.1 tons)
United Kingdom (20.4 tons)
United States (19.1 tons)
Russia (15.5 tons)
Peru (13.5 tons)
Papua New Guinea (10.7 tons)
Lebanon (9.8 tons)
Turkey (7.8 tons)
Indonesia (6.2 tons)
Australia (3.6 tons)
Sweden (2.9 tons)
Argentina (2.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the vulcanised rubber erases market in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22197321 - Erasers, of vulcanised rubber

Country coverage:

Malaysia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Malaysia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023