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Production of natural rubber decreased 33.5 per cent in April 2021
Production year-on-year declined 33.5 per cent in April 2021 to 23,013 tonnes as compared to 34,616 tonnes in April 2020. This was due to the seasonal factor (wintering period) which causes the tree to be less productive. Month-on-month comparison also showed a decrease by 36.2 per cent.
The stocks of natural rubber decreased 7.9 per cent in April 2021 to 259,355 tonnes as compared to 281,729 tonnes in March 2021. Rubber processors accounted for 90.3 per cent followed by rubber consumer (9.6%) and rubber estates (0.1%). The decline in stocks was also influenced by factors at the supply level. Thus, the existing stocks was used to accommodate the reduction in production.
Average price of Latex Concentrate recorded a decrease of 623.40 sen per kilogramme as compared to March 2021 (680.20 sen per kilogramme). Standard Malaysian Rubber 20 (S.M.R. 20) also decreased from 707.89 sen per kilogramme to 667.85 sen per kilogramme for the same period. The decline was due to concerns over the global futures rubber market (Malaysian Rubber Board Digest, April 2021).
Total domestic consumption for natural rubber increased 31.1 per cent to 47,096 tonnes as compared to the same month last year. The year-on-year change was the highest recorded as compared to the change in the first quarter of this year. Meanwhile, comparison with March 2021 showed a decrease of 5.3 per cent.
The use of natural rubber in rubber glove manufacturing continues to lead with 34,716 tonnes or 73.7 per cent of the total domestic consumption in April 2021 followed by rubber thread 4,198 tonnes (8.9%) and tyres and tube 3,588 tonnes (7.6%). The use of natural rubber in rubber glove manufacturing April 2021 increased by 10.4 per cent as compared to 31,456 tonnes in April 2020.
Exports of Malaysia's natural rubber amounted 55,696 tonnes in April 2021, a decrease of 5.4 per cent as against 58,852 tonnes in March 2021. P.R. China remains as the main destination for natural rubber exports with a share of 57.4 per cent from total exports in April 2021 followed by Germany (8.1%), U.S.A (3.9%), Turkey (2.6%) and Finland (2.4%).
Rubber gloves was the main export item with an export value of RM6.7 billion in April 2021, an increase of 4.7 per cent as compared to March 2021 (RM6.4 billion). U.S.A was the highest importer of rubber gloves followed by Germany and United Kingdom.
The full publication of the Monthly Rubber Statistics, April 2021 can be downloaded through eStatistik Portal.
For more details, please refer to the Department’s portal: www.dosm.gov.my
*Notes:
Data for April 2021 is provisional. The data will be updated based on the latest available figures and subsequently published in the May 2021 publication.
Released By:
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
DrUzir_Mahidin Dr_Uzir
15 June 2021
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