Overview

Production of natural rubber decreased 8.2 per cent in January 2021

Production of natural rubber decreased 8.2 per cent in January 2021 to 45,735 tonnes as compared to 49,825 tonnes in the previous month. Year on year comparison also showed a decrease of 31.0 per cent.

Exports of Malaysia's natural rubber amounted 48,125 tonnes in January 2021, a decrease of 21.8 per cent against 61,547 tonnes in December 2020. P.R. China remains as the main destination for natural rubber exports with 43.4 per cent of total exports in  January 2021 followed by Iran (8.5%), Germany (5.9%), Turkey (5.1%) and Finland (4.3%).

Rubber gloves was the main export item with export value RM4.6 billion in December 2020, an increase of 21.6 per cent to RM5.6 billion in January 2021. United States of America, Germany and P.R. China were among the highest importer of rubber gloves.

The stocks of natural rubber increased in January 2021 to 278,817 tonnes as compared to 249,551 tonnes in December 2020 with an increase of 11.7 per cent.

Average price of Latex Concentrate recorded a decrease of 550.26 sen per kilogramme as compared to December 2020 (582.79 sen per kilogramme). Standard Malaysian Rubber 20 (S.M.R. 20) also decreased to 628.58 sen per kilogramme as compared to 628.74 sen per kilogramme for the same period.

Total domestic consumption for natural rubber was 47,115 tonnes, an increase of 11.2 per cent as compared to the previous month. Rubber gloves industry continues to dominate the use of natural rubber with 35,978 tonnes or 76.4 per cent from the total domestic consumption.

The full publication of the Monthly Rubber Statistics, January 2021 can be downloaded through eStatistik Portal.

For more details, please refer to the Department’s portal: www.dosm.gov.my

*Notes:

Data for January 2021 is provisional. The data will be updated based on the latest available figures and subsequently published in the February 2021 publication. 

Released By:

DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
 DrUzir_Mahidin    Dr_Uzir

15 March 2021

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Department of Statistics, Malaysia
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