Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Malaysia - 2024
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Malaysia (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Malaysia (FOB) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Malaysia
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Malaysia
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Malaysia (CIF) - 2022
The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $3,058 per ton in 2022, dropping by -6.3% against the previous year. Over the period under review, the import price recorded a abrupt shrinkage. The growth pace was the most rapid in 2013 an increase of 75%. As a result, import price attained the peak level of $10,199 per ton. From 2014 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 Germany ($16,579 per ton), while the price for China ($2,971 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Malaysia (FOB) - 2022
The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $4,805 per ton in 2022, with an increase of 85% against the previous year. In general, the export price, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 when the average export price increased by 162% against the previous year. Over the period under review, the average export prices hit record highs at $10,311 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Indonesia.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to -5.0% per year.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Malaysia
Imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals into Malaysia skyrocketed to 1.6K tons in 2022, with an increase of 72% compared with the previous year's figure. Over the period under review, imports, however, recorded a slight descent.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals skyrocketed to $4.8M in 2022. Overall, imports, however, saw a abrupt slump.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.4 | 1.6 | 2.8 | 4.6 | 10.6% |
| Germany | 3.2 | 0.3 | 0.1 | 0.1 | -68.5% |
| Others | 0.3 | 0.3 | 0.1 | 0.1 | -30.7% |
| Total | 6.9 | 2.2 | 3.0 | 4.8 | -11.4% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal to Malaysia in 2022:
- China (1557.3 tons)
- Germany (4.5 tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Malaysia
In 2022, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals from Malaysia reduced notably to 1.3 tons, which is down by -99.2% against 2021. Over the period under review, exports recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 36% against the previous year. As a result, the exports attained the peak of 155 tons, and then dropped rapidly in the following year.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals reduced rapidly to $6.2K in 2022. Overall, exports recorded a sharp curtailment. The growth pace was the most rapid in 2020 with an increase of 53% against the previous year.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 2.1 | 21.3 | 66.0 | 6.2 | 43.5% |
| Cote d'Ivoire | N/A | 23.9 | N/A | N/A | 0% |
| Nigeria | 4.3 | N/A | N/A | N/A | 0% |
| Papua New Guinea | 5.4 | 1.0 | 49.1 | N/A | 201.5% |
| Philippines | 67.3 | 49.8 | 219 | N/A | 80.4% |
| Singapore | 0.1 | 3.6 | 15.2 | N/A | 1132.9% |
| Saudi Arabia | N/A | 24.0 | 8.9 | N/A | -62.9% |
| Others | 116 | 175 | 43.3 | N/A | -38.9% |
| Total | 195 | 299 | 402 | 6.2 | -68.3% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal from Malaysia in 2022:
- Indonesia (1.3 tons)
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