Malaysia's natural rubber production displayed fluctuating trends from 2013 to 2023, starting at 826.4 thousand metric tons in 2013 and reaching 1190.0 thousand metric tons in 2023. The production saw a significant drop in 2014 by 19.09% and further fluctuations continued, with a notable surge in 2018 by 46.6%. From 2019 onward, the year-on-year growth stabilized, peaking at 4.32% in 2019. The compound annual growth rate (CAGR) over the last five years leading to 2023 stands at 1.85%. Forecasts for 2024 to 2028 predict a steady increase, with a 5-year CAGR of 2.52% and an overall growth rate of 13.25% by 2028.
Future trends to watch for include:
- Sustainability practices influencing production methods.
- Technological advancements in rubber tapping and processing.
- Market demand fluctuations driven by global economic conditions.
- Environmental impact regulations affecting production capacity.
- Trade policies and international market dynamics impacting exports.
