Malaysian rubber price development 2013-2030

The average price of Malaysian rubber reached about 1.57 U.S. dollars per kilogram in 2018. However, the price was further expected to slowly rise again up to the year 2030.

The use of rubber

Rubber can be used to produce a variety of products such as car tires, condoms, gaskets and latex mattresses. The rubber raw material is originally obtained from rubber trees. Although most of the producers today use synthetic rubber, natural rubber is still an important export material for a few countries, such as Malaysia. In 2018, about 15.4 million metric tons of synthetic rubber and 13.8 million metric tons of natural rubber has been consumed globally. Most of the natural rubber has been manufactured in Malaysia, Thailand or Indonesia, while the synthetic one can be produced all over the world.

Rubber production in Malaysia

In Malaysia, the rubber production reached about 603 thousand metric tons in 2018. Considering the size of the country a decent value. However, most of its rubber was exported and only about one third was used within the country.

Price for Malaysian rubber from 2013 to 2030

Price in U.S. dollars per kilogram
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Source

Release date

October 2019

Region

Worldwide, Malaysia

Survey time period

2013 to 2018

Supplementary notes

* Forecast
All figures are nominal U.S. dollars.
Figure for 2013 were restated in the 2018 edition of the report.
This statistic was assembled using several editions of the report.

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Statistics on "Rubber"

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