Competitiveness analysis of Malaysian natural rubber in the world market / Afiff Aizat Mohd Rasdi

Natural rubber (Hevea brasiliensis) is one of the plantation commodities, which plays an important role in the economic development of many countries. Thailand, Indonesia and Malaysia have dominated the supply of natural rubber in the world market. Instead of being a major producing country in the w...

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Main Author: Mohd Rasdi, Afiff Aizat
Format: Student Project
Published: Faculty of Plantation and Agrotechnology 2017
Subjects:
Online Access:http://ir.uitm.edu.my/id/eprint/18870/
id uitm-18870
recordtype eprints
spelling uitm-188702019-04-07T01:40:26Z http://ir.uitm.edu.my/id/eprint/18870/ Competitiveness analysis of Malaysian natural rubber in the world market / Afiff Aizat Mohd Rasdi Mohd Rasdi, Afiff Aizat Rubber industry and trade Natural rubber (Hevea brasiliensis) is one of the plantation commodities, which plays an important role in the economic development of many countries. Thailand, Indonesia and Malaysia have dominated the supply of natural rubber in the world market. Instead of being a major producing country in the world around years 1970s until the 1980s, Malaysia has lost its position to Thailand and Indonesia. All data used in this study is secondary panel data, which is a combination of time series data. Time series data includes annual data from 1965 to 2015. The data used were collected from FAOSTAT, International Rubber Study Group (IRSG), Department Of Statistics Malaysia, and Malaysian Rubber Board. The method that used to answer the first objective is graph analysis, whereas for the second objective by Revealed Comparative Advantage (RCA) and Herfindahl Hirschman Index (HHI) and for the third objective were measured by Import Deficiency Ratio (IDR) and Self-Sufficiency Ratio (SSR). The result shows that Malaysia has comparative advantage in natural rubber industry is proved by RCA value 1.45 > 1. Meanwhile, HHI value 2832 >1800 showed Malaysian natural rubber industry have a high market concentration in the global market. The average percentage of IDR is 80% - 200% and SSR above 120% showed Malaysian natural rubber industry is relatively more specialized in the natural rubber industry. Based on the research, Malaysia has strong and energized in the rubber industry and dominated 50% market share in the world, which is Malaysia, has high competitiveness level in the rubber industry. As a recommendation, more research is needed to investigate the problems that influence rubber industry in Malaysia. Faculty of Plantation and Agrotechnology 2017 Student Project NonPeerReviewed Mohd Rasdi, Afiff Aizat (2017) Competitiveness analysis of Malaysian natural rubber in the world market / Afiff Aizat Mohd Rasdi. [Student Project] (Unpublished)
repository_type Digital Repository
institution_category Local University
institution Universiti Teknologi MARA
building UiTM Institutional Repository
collection Online Access
topic Rubber industry and trade
spellingShingle Rubber industry and trade
Mohd Rasdi, Afiff Aizat
Competitiveness analysis of Malaysian natural rubber in the world market / Afiff Aizat Mohd Rasdi
description Natural rubber (Hevea brasiliensis) is one of the plantation commodities, which plays an important role in the economic development of many countries. Thailand, Indonesia and Malaysia have dominated the supply of natural rubber in the world market. Instead of being a major producing country in the world around years 1970s until the 1980s, Malaysia has lost its position to Thailand and Indonesia. All data used in this study is secondary panel data, which is a combination of time series data. Time series data includes annual data from 1965 to 2015. The data used were collected from FAOSTAT, International Rubber Study Group (IRSG), Department Of Statistics Malaysia, and Malaysian Rubber Board. The method that used to answer the first objective is graph analysis, whereas for the second objective by Revealed Comparative Advantage (RCA) and Herfindahl Hirschman Index (HHI) and for the third objective were measured by Import Deficiency Ratio (IDR) and Self-Sufficiency Ratio (SSR). The result shows that Malaysia has comparative advantage in natural rubber industry is proved by RCA value 1.45 > 1. Meanwhile, HHI value 2832 >1800 showed Malaysian natural rubber industry have a high market concentration in the global market. The average percentage of IDR is 80% - 200% and SSR above 120% showed Malaysian natural rubber industry is relatively more specialized in the natural rubber industry. Based on the research, Malaysia has strong and energized in the rubber industry and dominated 50% market share in the world, which is Malaysia, has high competitiveness level in the rubber industry. As a recommendation, more research is needed to investigate the problems that influence rubber industry in Malaysia.
format Student Project
author Mohd Rasdi, Afiff Aizat
author_facet Mohd Rasdi, Afiff Aizat
author_sort Mohd Rasdi, Afiff Aizat
title Competitiveness analysis of Malaysian natural rubber in the world market / Afiff Aizat Mohd Rasdi
title_short Competitiveness analysis of Malaysian natural rubber in the world market / Afiff Aizat Mohd Rasdi
title_full Competitiveness analysis of Malaysian natural rubber in the world market / Afiff Aizat Mohd Rasdi
title_fullStr Competitiveness analysis of Malaysian natural rubber in the world market / Afiff Aizat Mohd Rasdi
title_full_unstemmed Competitiveness analysis of Malaysian natural rubber in the world market / Afiff Aizat Mohd Rasdi
title_sort competitiveness analysis of malaysian natural rubber in the world market / afiff aizat mohd rasdi
publisher Faculty of Plantation and Agrotechnology
publishDate 2017
url http://ir.uitm.edu.my/id/eprint/18870/
first_indexed 2023-09-18T23:01:23Z
last_indexed 2023-09-18T23:01:23Z
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