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Export of Rubber Gloves in 2017 Hit An All-Time High

by moneycompass
October 5, 2018
in News
Source : Ministry of Plantation Industries and Commodities (MPIC)

Source : Ministry of Plantation Industries and Commodities (MPIC)

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Datuk Seri Mah Siew Keong, the Minister of Plantation Industries and Commodities, attended the “Meeting With Captains Of The Industry” organised by the Malaysian Rubber Export Promotion Council (MREPC).

Malaysia’s exports of rubber gloves in 2017 has hit an all-time high, benefiting from the synchronised recovery in global growth and demand. For the year 2017, exports grew at a robust pace of 19.4% year-on-year to RM15.9 billion compared with RM13.3 billion in the year 2016.

At present, Malaysia the world’s biggest supplier of rubber gloves capturing more than 60% of the global market in volume. China is one of the fastest growing markets with the exports value reached RM906.9 million in 2017 from RM362.2 million in 2016, recorded an incredible growth of 250%. Other key developing markets, namely Germany and Japan, also reported strong increase in exports of Malaysian rubber gloves respectively to RM1.26 billion and RM1.1 billion from RM1.08 billion and RM820 million in 2016. On the other hands, United States (USA) remains Malaysia’s largest market for rubber gloves with a growth of 24% to reach RM5.6 billion in 2017, from RM4.53 billion in 2016.

Malaysia is expected to continue to dominate the world market for rubber gloves especially medical gloves for use in the healthcare sector. The industry is confident to achieve the target of securing at least 65% of global exports of rubber gloves in 2020. In 2017, global exports of rubber gloves were estimated at 228 billion pieces and are projected to reach 287 billion pieces by 2020.

In this regard, the Ministry of Plantation Industries and Commodities, through Malaysian Rubber Export Promotion Council (MREPC), will continue to vigorously undertake marketing efforts to increase awareness on glove use and to promote high quality gloves from Malaysia.

Other potential growing markets for rubber gloves that the Ministry is currently targeting to promote are our ASEAN member countries, particularly the Philippines and Myanmar. MREPC has identified several programmes to enhance awareness on the importance of glove use in the healthcare sector and to promote quality made-in-Malaysia rubber medical gloves.скачать игры на планшет с андроидомвойти на

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