Malaysia: Unvulcanized Rubber Market 2025

Unvulcanized Rubber Market Size in Malaysia

The Malaysian unvulcanized rubber market was finally on the rise to reach $X in 2022, after three years of decline. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Unvulcanized Rubber Production in Malaysia

In value terms, unvulcanized rubber production dropped modestly to $X in 2022 estimated in export price. In general, production recorded a abrupt contraction. The pace of growth was the most pronounced in 2017 with an increase of 15% against the previous year. Unvulcanized rubber production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Unvulcanized Rubber Exports

Exports from Malaysia

In 2022, shipments abroad of unvulcanized rubber and articles thereof decreased by -4.2% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a abrupt descent. The growth pace was the most rapid in 2019 with an increase of 34%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, unvulcanized rubber exports shrank to $X in 2022. Overall, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 26%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons), China (X tons) and Bangladesh (X tons) were the main destinations of unvulcanized rubber exports from Malaysia, together accounting for 58% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +32.6%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), India ($X) and Bangladesh ($X) constituted the largest markets for unvulcanized rubber exported from Malaysia worldwide, with a combined 51% share of total exports.

Among the main countries of destination, India, with a CAGR of +25.7%, recorded the highest rates of growth with regard to 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 unvulcanized rubber export price stood at $X per ton in 2022, shrinking by -6.2% against the previous year. In general, the export price showed a slight downturn. The growth pace was the most rapid in 2016 an increase of 52% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, 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 the United States (+2.6%), while the prices for the other major destinations experienced mixed trend patterns.

Unvulcanized Rubber Imports

Imports into Malaysia

Unvulcanized rubber imports into Malaysia soared to X tons in 2022, growing by 33% compared with 2021. Over the period under review, imports showed resilient growth. The growth pace was the most rapid in 2019 when imports increased by 123% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, unvulcanized rubber imports skyrocketed to $X in 2022. In general, imports recorded resilient growth. The growth pace was the most rapid in 2019 with an increase of 123%. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest unvulcanized rubber supplier to Malaysia, accounting for a 82% share of total imports. Moreover, unvulcanized rubber imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), more than tenfold. The third position in this ranking was taken by Japan (X tons), with a 2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +27.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+4.5% per year) and Japan (+1.2% per year).

In value terms, China ($X) constituted the largest supplier of unvulcanized rubber and articles thereof to Malaysia, comprising 68% of total imports. The second position in the ranking was held by Thailand ($X), with a 6.6% share of total imports. It was followed by Japan, with a 5.9% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +27.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+3.6% per year) and Japan (-2.4% per year).

Import Prices by Country

The average unvulcanized rubber import price stood at $X per ton in 2022, reducing by -9.6% against the previous year. In general, the import price recorded a perceptible setback. The pace of growth was the most pronounced in 2016 an increase of 19% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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