Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Malaysia - 2024
Contents:
- Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Malaysia (FOB) - 2022
- Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Malaysia (CIF) - 2022
- Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Malaysia
- Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Malaysia
Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Malaysia (FOB) - 2022
The average export price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses stood at $11,263 per ton in 2022, declining by -19.7% against the previous year. In general, the export price, however, enjoyed strong growth. The pace of growth was the most pronounced in 2021 an increase of 67% against the previous year. As a result, the export price reached the peak level of $14,029 per ton, and then contracted sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($17,307 per ton), while the average price for exports to China ($5,958 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 South Korea (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Malaysia (CIF) - 2022
The average import price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses stood at $7,498 per ton in 2022, which is down by -3.2% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 19%. The import price peaked at $7,749 per ton in 2021, and then contracted modestly in the following year.
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 Japan ($9,861 per ton), while the price for Sri Lanka ($4,126 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Malaysia
In 2022, the amount of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses exported from Malaysia expanded slightly to 927K tons, with an increase of 1.8% against the previous year's figure. The total export volume increased at an average annual rate of +7.7% from 2019 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 2020 with an increase of 30% against the previous year. As a result, the exports attained the peak of 967K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses contracted sharply to $10.4B in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 110% against the previous year.
Export of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,417 | 2,691 | 5,083 | 1,213 | -5.0% |
Japan | 246 | 458 | 707 | 852 | 51.3% |
China | 147 | 373 | 373 | 603 | 60.1% |
Russia | 62.1 | 135 | 181 | 575 | 110.0% |
South Korea | 44.0 | 82.0 | 160 | 508 | 126.0% |
Italy | 88.7 | 182 | 261 | 363 | 60.0% |
Australia | 69.6 | 165 | 245 | 320 | 66.3% |
United Kingdom | 168 | 517 | 565 | 308 | 22.4% |
Germany | 278 | 530 | 860 | 306 | 3.3% |
Canada | 84.5 | 277 | 483 | 273 | 47.8% |
Argentina | 20.4 | 46.1 | 83.2 | 265 | 135.1% |
Brazil | 122 | 183 | 272 | 238 | 25.0% |
France | 70.6 | 180 | 216 | 213 | 44.5% |
Others | 1,040 | 2,291 | 3,283 | 4,404 | 61.8% |
Total | 3,859 | 8,109 | 12,773 | 10,441 | 39.3% |
Top Export Markets for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves from Malaysia in 2022:
- United States (103.0K tons)
- China (101.1K tons)
- Japan (72.3K tons)
- Italy (39.9K tons)
- Russia (34.1K tons)
- Brazil (29.3K tons)
- South Korea (29.3K tons)
- United Kingdom (28.1K tons)
- Australia (27.2K tons)
- Germany (26.4K tons)
- Canada (23.2K tons)
- Argentina (22.7K tons)
- France (20.4K tons)
Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Malaysia
Imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses into Malaysia surged to 7K tons in 2022, with an increase of 16% on the previous year's figure. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 20% against the previous year. As a result, imports reached the peak of 8.3K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses expanded notably to $52M in 2022. The total import value increased at an average annual rate of +8.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 43% against the previous year. As a result, imports attained the peak of $58M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 19.2 | 30.7 | 24.3 | 28.4 | 13.9% |
Indonesia | 7.0 | 11.9 | 9.2 | 10.8 | 15.6% |
United States | 2.6 | 4.0 | 3.3 | 5.9 | 31.4% |
China | 2.4 | 2.1 | 2.1 | 0.9 | -27.9% |
Sri Lanka | 2.5 | 0.9 | 0.7 | 0.8 | -31.6% |
Vietnam | 0.5 | 0.9 | 0.4 | 0.5 | 0.0% |
Japan | 0.4 | 3.0 | 2.2 | N/A | 134.5% |
Others | 5.9 | 4.3 | 4.1 | 4.9 | -6.0% |
Total | 40.5 | 57.9 | 46.4 | 52.1 | 8.8% |
Top Suppliers of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves to Malaysia in 2022:
- Thailand (3877.8 tons)
- Indonesia (1286.1 tons)
- United States (737.3 tons)
- Sri Lanka (182.7 tons)
- China (156.7 tons)
- Vietnam (74.5 tons)
- Japan (4.2 tons)
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