Malaysia: Market for Extruded Solid Rubber Rods And Profiles 2025

Market Size for Extruded Solid Rubber Rods And Profiles in Malaysia

The Malaysian extruded solid rubber rod market totaled $X in 2022, stabilizing at the previous year. Over the period under review, consumption recorded a abrupt contraction. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Extruded Solid Rubber Rods And Profiles in Malaysia

In value terms, extruded solid rubber rod production reached $X in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2013 when the production volume increased by 9.8% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Exports of Extruded Solid Rubber Rods And Profiles

Exports from Malaysia

For the third year in a row, Malaysia recorded growth in overseas shipments of extruded solid rubber rods and profiles, which increased by 3.1% to X tons in 2022. Overall, exports, however, continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2018 when exports increased by 34%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, extruded solid rubber rod exports shrank to $X in 2022. Over the period under review, exports, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 when exports increased by 61%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons), the United States (X tons) and Australia (X tons) were the main destinations of extruded solid rubber rod exports from Malaysia, with a combined 59% share of total exports. Kenya, India, the Netherlands, Russia, Thailand, Hong Kong SAR, Brazil, Japan, Singapore and the United Arab Emirates lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +78.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for extruded solid rubber rod exported from Malaysia were the United States ($X), Australia ($X) and China ($X), together comprising 56% of total exports. Kenya, Thailand, Hong Kong SAR, Japan, Brazil, the Netherlands, Singapore, Russia, India and the United Arab Emirates lagged somewhat behind, together comprising a further 24%.

Among the main countries of destination, Kenya, with a CAGR of +86.7%, 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 extruded solid rubber rod export price stood at $X per ton in 2022, shrinking by -9.4% against the previous year. In general, the export price recorded a noticeable descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 20% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to the United Arab Emirates ($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 Kenya (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Extruded Solid Rubber Rods And Profiles

Imports into Malaysia

In 2022, approx. X tons of extruded solid rubber rods and profiles were imported into Malaysia; flattening at the previous year's figure. Overall, imports, however, recorded a modest increase. The pace of growth was the most pronounced in 2018 with an increase of 175%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, extruded solid rubber rod imports fell to $X in 2022. Over the period under review, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2018 when imports increased by 109%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) was the main supplier of extruded solid rubber rod to Malaysia, accounting for a 91% share of total imports. It was followed by the United States (X tons), with a 2.4% share of total imports. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with a 2.1% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +42.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+3.5% per year) and Taiwan (Chinese) (-26.8% per year).

In value terms, China ($X) constituted the largest supplier of extruded solid rubber rods and profiles to Malaysia, comprising 70% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with an 8.4% share of total imports. It was followed by the United States, with a 7.4% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +37.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-26.2% per year) and the United States (-0.3% per year).

Import Prices by Country

In 2022, the average extruded solid rubber rod import price amounted to $X per ton, dropping by -4.1% against the previous year. Overall, the import price faced a deep downturn. The pace of growth appeared the most rapid in 2020 an increase of 18%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, 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 Taiwan (Chinese) ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :