Malaysia - Isoprene Rubber (IR) in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Isoprene Rubber (IR) in Primary Form in Malaysia - 2023
Contents:
- Price for Isoprene Rubber (IR) in Primary Form in Malaysia (CIF) - 2022
- Price for Isoprene Rubber (IR) in Primary Form in Malaysia (FOB) - 2022
- Imports of Isoprene Rubber (IR) in Primary Form in Malaysia
- Exports of Isoprene Rubber (IR) in Primary Form in Malaysia
Price for Isoprene Rubber (IR) in Primary Form in Malaysia (CIF) - 2022
In 2022, the average import price for isoprene rubber (IR) in primary forms amounted to $4,523 per ton, growing by 66% against the previous year. Overall, the import price saw strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Brazil ($8,602 per ton), while the price for Italy ($943 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Isoprene Rubber (IR) in Primary Form in Malaysia (FOB) - 2022
In 2022, the average export price for isoprene rubber (IR) in primary forms amounted to $3,778 per ton, picking up by 31% against the previous year. Over the period under review, the export price showed strong growth. The pace of growth was the most pronounced in 2020 an increase of 67% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($4,969 per ton), while the average price for exports to China ($1,760 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 Indonesia (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Isoprene Rubber (IR) in Primary Form in Malaysia
In 2022, supplies from abroad of isoprene rubber (IR) in primary forms decreased by -41.1% to 28K tons, falling for the second year in a row after two years of growth. In general, imports recorded a abrupt descent. The pace of growth appeared the most rapid in 2020 with an increase of 38% against the previous year. As a result, imports reached the peak of 70K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of isoprene rubber (IR) in primary forms contracted to $127M in 2022. The total import value increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 14% against the previous year.
| Import of Isoprene Rubber (IR) in Primary Form in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 31.6 | 29.1 | 29.8 | 54.4 | 19.8% |
| Japan | 15.0 | 26.1 | 44.5 | 25.4 | 19.2% |
| United States | 16.5 | 16.1 | 16.1 | 20.7 | 7.9% |
| China | 0.2 | 3.0 | 10.3 | 15.7 | 328.2% |
| Thailand | 11.2 | 2.4 | 7.3 | 7.2 | -13.7% |
| Taiwan (Chinese) | 2.8 | 12.0 | 8.9 | 2.7 | -1.2% |
| South Korea | 14.4 | 14.1 | 0.3 | 0.2 | -76.0% |
| Italy | 7.7 | 12.1 | 10.7 | N/A | 17.9% |
| Others | 2.1 | 0.8 | 2.2 | 0.7 | -30.7% |
| Total | 101 | 116 | 130 | 127 | 7.9% |
Top Suppliers of Isoprene Rubber (IR) in Primary Form to Malaysia in 2022:
- Japan (12.2K tons)
- Brazil (6.3K tons)
- China (3.4K tons)
- United States (2.5K tons)
- Taiwan (Chinese) (1.8K tons)
- Thailand (1.4K tons)
- South Korea (0.1K tons)
Exports of Isoprene Rubber (IR) in Primary Form in Malaysia
In 2022, exports of isoprene rubber (ir) in primary forms from Malaysia declined notably to 4.8K tons, with a decrease of -47% on 2021 figures. Overall, exports faced a sharp reduction. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year.
In value terms, exports of isoprene rubber (IR) in primary forms shrank rapidly to $18M in 2022. Over the period under review, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 5.7%. As a result, the exports attained the peak of $27M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Isoprene Rubber (IR) in Primary Form in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 10.4 | 25.9 | 19.3 | 16.7 | 17.1% |
| United States | 1.6 | N/A | 2.2 | 1.1 | -11.7% |
| China | 1.6 | 0.1 | N/A | 0.1 | -60.3% |
| New Zealand | 0.6 | N/A | N/A | N/A | 0% |
| Sri Lanka | 5.5 | 0.4 | 3.4 | N/A | -21.4% |
| Vietnam | 4.8 | N/A | N/A | N/A | 0% |
| Others | 0.7 | 0.2 | 1.3 | 0.3 | -24.6% |
| Total | 25.2 | 26.6 | 26.2 | 18.3 | -10.1% |
Top Export Markets for Isoprene Rubber (IR) in Primary Form from Malaysia in 2022:
- Indonesia (4.3K tons)
- United States (0.2K tons)
- China (0.1K tons)
This report provides an in-depth analysis of the market for isoprene rubber (ir) in primary form 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:
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:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
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
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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