Report Update: Apr 1, 2024

Malaysia - Vulcanised Rubber Thread And Cord - Market Analysis, Forecast, Size, Trends And Insights

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Vulcanised Rubber Thread Price in Malaysia - 2021

Vulcanised Rubber Thread Price in Malaysia (FOB) - 2021

The average vulcanised rubber thread export price stood at $3,570 per ton in December 2021, almost unchanged from the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.4%. The most prominent rate of growth was recorded in March 2021 when the average export price increased by 18% against the previous month. The export price peaked in December 2021.

Average prices varied somewhat for the major export markets. In December 2021, the countries with the highest prices were Mexico ($3,686 per ton) and China ($3,686 per ton), while the average price for exports to Indonesia ($2,906 per ton) and Taiwan (Chinese) ($3,302 per ton) were amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Thread Price in Malaysia (CIF) - 2021

The average vulcanised rubber thread import price stood at $3,435 per ton in December 2021, shrinking by -35.7% against the previous month. In general, the import price recorded a slight contraction. The most prominent rate of growth was recorded in August 2021 when the average import price increased by 38% month-to-month. As a result, import price reached the peak level of $5,566 per ton. From September 2021 to December 2021, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In December 2021, the country with the highest price was China ($3,714 per ton), while the price for Thailand totaled $2,825 per ton.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Vulcanised Rubber Thread Exports in Malaysia

In 2022, the amount of vulcanised rubber thread and cord exported from Malaysia dropped to 59K tons, falling by -5.2% against the previous year. The total export volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 12%. As a result, the exports reached the peak of 62K tons, and then fell in the following year.

In value terms, vulcanised rubber thread exports dropped dramatically to $165M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +8.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.5% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 50% against the previous year. As a result, the exports attained the peak of $198M, and then declined sharply in the following year.

Export of Vulcanised Rubber Thread in Malaysia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	58.5	57.8	82.1	68.6	5.5%
Bangladesh	17.4	17.3	29.8	24.9	12.7%
Indonesia	6.5	6.3	10.6	8.9	11.0%
Italy	2.6	3.3	8.1	6.8	37.8%
South Korea	4.4	5.2	7.5	6.3	12.7%
Brazil	5.0	6.6	7.4	6.2	7.4%
Mexico	4.0	4.5	6.8	5.6	11.9%
India	4.3	2.5	4.0	3.3	-8.4%
Vietnam	4.0	2.9	3.6	3.0	-9.1%
Argentina	1.3	2.3	3.5	3.0	32.1%
Taiwan (Chinese)	2.0	2.2	3.1	2.6	9.1%
Others	19.3	21.5	31.1	25.8	10.2%
Total	129	132	198	165	8.6%

Top Export Markets for Vulcanised Rubber Thread from Malaysia in 2022:

China (23.3K tons)
Bangladesh (8.5K tons)
Indonesia (4.0K tons)
Brazil (2.3K tons)
Italy (2.3K tons)
South Korea (2.3K tons)
Mexico (2.0K tons)
India (1.2K tons)
Vietnam (1.2K tons)
Argentina (1.0K tons)
Taiwan (Chinese) (0.9K tons)

Vulcanised Rubber Thread Imports in Malaysia

In 2022, the amount of vulcanised rubber thread and cord imported into Malaysia surged to 1.3K tons, growing by 21% on 2021 figures. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +14.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.1% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 69%. As a result, imports reached the peak of 1.5K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, vulcanised rubber thread imports rose markedly to $5.3M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.2% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 86%. As a result, imports attained the peak of $5.9M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Vulcanised Rubber Thread in Malaysia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	0.1	4.0	3.3	3.8	236.2%
Thailand	2.4	1.4	1.1	1.2	-20.6%
Germany	0.1	0.1	0.2	0.2	26.0%
Vietnam	0.3	0.1	N/A	0.1	-30.7%
Others	0.3	0.3	0.1	N/A	-42.3%
Total	3.2	5.9	4.7	5.3	18.3%

Top Suppliers of Vulcanised Rubber Thread to Malaysia in 2022:

China (828.5 tons)
Thailand (430.8 tons)
Germany (26.4 tons)
Vietnam (21.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the vulcanised rubber thread market in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22192050 - Vulcanised rubber thread and cord

Country coverage:

Malaysia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Malaysia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023