Malaysia: Non-Reinforced Rubber Tubing Market 2024

Non-Reinforced Rubber Tubing Market Size in Malaysia

After four years of growth, the Malaysian non-reinforced rubber tubing market decreased by X% to $X in 2022. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then reduced rapidly in the following year.

Non-Reinforced Rubber Tubing Production in Malaysia

In value terms, non-reinforced rubber tubing production contracted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Non-Reinforced Rubber Tubing Exports

Exports from Malaysia

In 2022, shipments abroad of rubber tubing not reinforced was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, non-reinforced rubber tubing exports dropped modestly to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Philippines (X tons), Singapore (X tons) and Australia (X tons) were the main destinations of non-reinforced rubber tubing exports from Malaysia, together accounting for X% of total exports. Indonesia, Thailand, the United States, Cambodia, Bangladesh, India, South Africa, the United Arab Emirates, Saudi Arabia and Hong Kong SAR lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-reinforced rubber tubing exported from Malaysia were Singapore ($X), the Philippines ($X) and Australia ($X), with a combined X% share of total exports. The United States, Indonesia, Thailand, South Africa, Bangladesh, Cambodia, the United Arab Emirates, Hong Kong SAR, India and Saudi Arabia lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Cambodia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average non-reinforced rubber tubing export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price recorded a mild setback. The growth pace was the most rapid in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to India ($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 Bangladesh (X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Reinforced Rubber Tubing Imports

Imports into Malaysia

In 2022, after two years of growth, there was significant decline in overseas purchases of rubber tubing not reinforced, when their volume decreased by X% to X tons. Over the period under review, imports saw a mild descent. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2021, and then reduced sharply in the following year.

In value terms, non-reinforced rubber tubing imports fell markedly to $X in 2022. In general, imports showed a pronounced decrease. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2021, and then plummeted in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of non-reinforced rubber tubing to Malaysia, with a X% share of total imports. Moreover, non-reinforced rubber tubing imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), threefold. The third position in this ranking was held by the United States (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and the United States (X% per year).

In value terms, China ($X), Sweden ($X) and Japan ($X) constituted the largest non-reinforced rubber tubing suppliers to Malaysia, together comprising X% of total imports.

In terms of the main suppliers, Sweden, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average non-reinforced rubber tubing import price amounted to $X per ton, flattening at the previous year. Overall, the import price, however, saw a perceptible contraction. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :