Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Malaysia - 2024
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Malaysia (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Malaysia (FOB) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Malaysia
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Malaysia
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Malaysia (CIF) - 2022
In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $3,283 per ton, growing by 16% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 18% against the previous year. The import price peaked at $3,469 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($9,449 per ton), while the price for Vietnam ($2,213 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.2%), while the prices for the other major suppliers experienced a decline.
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Malaysia (FOB) - 2022
In 2022, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $3,297 per ton, shrinking by -40% against the previous year. In general, the export price recorded a mild descent. The most prominent rate of growth was recorded in 2021 an increase of 88% against the previous year. As a result, the export price attained the peak level of $5,496 per ton, and then fell remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($5,047 per ton), while the average price for exports to China ($1,914 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 Chile (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Malaysia
In 2022, after two years of decline, there was significant growth in overseas purchases of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses, when their volume increased by 33% to 5.6K tons. The total import volume increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses surged to $18M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +17.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.7 | 8.5 | 9.6 | 15.4 | 16.7% |
| Japan | 0.4 | 0.6 | 0.9 | 1.2 | 44.2% |
| Others | 1.3 | 1.2 | 1.4 | 1.8 | 11.5% |
| Total | 11.4 | 10.2 | 11.9 | 18.4 | 17.3% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials to Malaysia in 2022:
- China (5.2K tons)
- Japan (0.1K tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Malaysia
In 2022, the amount of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses exported from Malaysia surged to 90 tons, jumping by 297% against 2021 figures. In general, exports enjoyed a strong expansion.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses skyrocketed to $296K in 2022. Over the period under review, exports posted a strong increase.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | N/A | N/A | 183 | 0% |
| Taiwan (Chinese) | N/A | 2.4 | N/A | 47.4 | 344.4% |
| China | N/A | N/A | N/A | 20.0 | 0% |
| Singapore | 4.3 | 24.0 | 60.8 | 10.8 | 35.9% |
| Japan | 5.2 | 1.3 | 21.2 | 9.2 | 20.9% |
| United States | 214 | 308 | N/A | N/A | 43.9% |
| Others | 3.7 | 7.6 | 42.2 | 25.4 | 90.1% |
| Total | 228 | 344 | 124 | 296 | 9.1% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials from Malaysia in 2022:
- Switzerland (60.8 tons)
- China (10.5 tons)
- Taiwan (Chinese) (9.4 tons)
- Singapore (3.3 tons)
- Japan (2.2 tons)
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