What is the price of natural rubber per kilogram/pound in Malaysia today?
The retail price range for Malaysia natural rubber is between US$ 128.82 and US$ 177.84 per kilogram or between US$ 58.42 and US$ 80.65 per pound(lb). Click here to see today's exact prices of natural rubber in Malaysia
The retail price range in Malaysian Ringgit for natural rubber is between MYR 584.50 and MYR 806.92 per kilogram or between MYR 265.08 and MYR 365.95 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia natural rubber is between US$ 90.17 and US$ 124.49 per kilogram or between US$ 40.89 and US$ 56.46 per pound(lb).
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Malaysia Natural Rubber Export Prices - Historical, Trends and Prediction
In 2016, the export price was 23.77 US$ per Kg. In 2017, the export price was 19.87 US$ per Kg. In 2018, the export price was 22.08 US$ per Kg. In 2019, the export price was 19.06 US$ per Kg. In 2020, the export price was 25.20 US$ per Kg. For 2023, the predicted export price is 24.95 US$ per Kg.The exports of natural rubber from Malaysia are categorised as:
- Natural rubber in primary forms or in plates, sheets or strip (excluding smoked sheets, technically specified natural rubber "TSNR" and natural rubber latex, whether or not prevulcanised) (HS code 400129)
- Technically specified natural rubber "TSNR" (HS code 400122)
- Balata, gutta-percha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip (excluding natural rubber, whether or not prevulcanised) (HS code 400130)
- Natural rubber latex, whether or not prevulcanised (HS code 400110)
- Smoked sheets of natural rubber (HS code 400121)
Malaysia Natural Rubber Import Prices - Historical, Trends and Prediction
The import price of Natural Rubber into Malaysia over the last five years has been quite volatile. In 2011, the price was 2.69 US dollars per kg, which then increased to 2.89 US dollars per kg in 2012. However, the price dropped significantly in 2013 to 1.65 US dollars per kg. This was followed by a further decrease to 1.44 US dollars per kg in 2014 and 1.24 US dollars per kg in 2015. In 2016, the price increased to 1.71 US dollars per kg, before dropping again to 1.52 US dollars per kg in 2017 and 1.43 US dollars per kg in 2018. The price then decreased to 1.24 US dollars per kg in 2019, before increasing to 1.95 US dollars per kg in 2020. The price then dropped to 1.6 US dollars per kg in 2021. Based on this trend, it is predicted that the import price of Natural Rubber into Malaysia in 2023 will be 1.45 US dollars per kg and in 2024 will be 1.26 US dollars per kg.Export values for Malaysia natural rubber
The total values in export for natural rubber in Malaysia were US$ 873,186, US$ 1,100,068, US$ 935,964 and US$ 910,947 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Malaysia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of natural rubber in other countries across Asia: Kazakhstan natural rubber, Kyrgyzstan natural rubber, Tajikistan natural rubber, Turkmenistan natural rubber, Uzbekistan natural rubber, China natural rubber, Hong Kong natural rubber, Macao natural rubber, North Korea natural rubber & Mongolia natural rubber.
Malaysia natural rubber - Production, Exports, Imports, Seasons and HS Codes
The amount of natural rubber sold by Malaysia in 2020 was 565,167 metric tons. In 2019 Malaysia exported 631,309 tonnes of natural rubber. Across 2019 alone, the market for Malaysia natural rubber (processed category) has decreased, recording a change of -1.172 per cent compared to the year 2018. Between 2017 and 2019, natural rubber's exports grew by 2.48 percent bringing the nation US$910.95m for the year 2019. Malaysia's natural rubber exports are classified as:
- Balata, gutta-percha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip (excluding natural rubber, whether or not prevulcanised) (HS code 400130)
- Technically specified natural rubber "TSNR" (HS code 400122)
- Natural rubber latex, whether or not prevulcanised (HS code 400110)
- Smoked sheets of natural rubber (HS code 400121)
- Natural rubber in primary forms or in plates, sheets or strip (excluding smoked sheets, technically specified natural rubber "TSNR" and natural rubber latex, whether or not prevulcanised) (HS code 400129)
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Malaysia natural rubber export values
In 2019, Malaysia shipped natural rubber with a value of 910.95m USD, a contraction of -2.67% from 2018's total natural rubber export of 935.964m USD. The annual reduction in value of Malaysia natural rubber between 2017 to 2018 was -14.918%.
The per year variation in the amount of Malaysia's natural rubber exports between 2017 and 2019 was 2.48 pc in comparison to a variation of -1.172% in the period between 2018 and 2019.
Malaysia's stake of the world's total natural rubber's exports in 2019 was 1.8 percent. Malaysia is ranked position 8 in world exports of natural rubber.
Export markets for Malaysia natural rubber ( in '000$ )
Malaysia's leading destinations for natural rubber are China, Italy, Nicaragua, Vietnam and Spain.
Import/Export Trends
Malaysia is a net exporter of natural rubber. The annual growth of Malaysia natural rubber in value between 2015 to 2019 was 3%, per year, while annual growth in quantity was 4%, per annum.
Malaysia imported 1,082,700 tonnes of natural rubber in 2019.
Production
The production of natural rubber in Malaysia was 3,199,150 tonnes in 2019 and is forecast to change by an average of 6.05%. The country had approximately 5,419,960.00 hectares under natural rubber cultivation.