Malaysia: Breathing Appliances Market 2024

Breathing Appliances Market Size in Malaysia

The Malaysian breathing appliances market expanded remarkably to $X in 2022, increasing by 5.9% against the previous year. Over the period under review, consumption posted a strong increase. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Breathing Appliances Production in Malaysia

In value terms, breathing appliances production rose markedly to $X in 2022 estimated in export price. In general, production recorded a prominent expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by 119%. Breathing appliances production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Breathing Appliances Exports

Exports from Malaysia

In 2022, approx. X units of breathing appliances and gas masks were exported from Malaysia; picking up by 12% compared with 2021. Overall, exports posted a modest expansion. The pace of growth was the most pronounced in 2019 with an increase of 109%. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, breathing appliances exports expanded markedly to $X in 2022. Over the period under review, exports enjoyed pronounced growth. The pace of growth appeared the most rapid in 2014 with an increase of 170%. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Singapore (X units), the United States (X units) and the UK (X units) were the main destinations of breathing appliances exports from Malaysia, with a combined 70% share of total exports. China, Thailand, the Philippines and Australia lagged somewhat behind, together comprising a further 25%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of +76.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for breathing appliances exported from Malaysia were the United States ($X), China ($X) and Singapore ($X), with a combined 72% share of total exports. The UK, the Philippines, Thailand and Australia lagged somewhat behind, together comprising a further 19%.

Among the main countries of destination, the Philippines, with a CAGR of +82.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average breathing appliances export price stood at $X per unit in 2022, falling by -2.7% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 58%. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+15.6%), while the prices for the other major destinations experienced mixed trend patterns.

Breathing Appliances Imports

Imports into Malaysia

In 2022, approx. X units of breathing appliances and gas masks were imported into Malaysia; declining by -20.2% compared with 2021 figures. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 62% against the previous year. Over the period under review, imports reached the peak figure at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, breathing appliances imports reduced rapidly to $X in 2022. In general, imports, however, continue to indicate a measured increase. The pace of growth was the most pronounced in 2021 when imports increased by 48%. As a result, imports reached the peak of $X, and then dropped dramatically in the following year.

Imports by Country

In 2022, China (X units) constituted the largest breathing appliances supplier to Malaysia, with a 33% share of total imports. Moreover, breathing appliances imports from China exceeded the figures recorded by the second-largest supplier, India (X units), threefold. The third position in this ranking was held by Singapore (X units), with a 7.4% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+32.5% per year) and Singapore (-13.3% per year).

In value terms, New Zealand ($X) constituted the largest supplier of breathing appliances and gas masks to Malaysia, comprising 34% of total imports. The second position in the ranking was taken by the United States ($X), with a 13% share of total imports. It was followed by China, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from New Zealand totaled +75.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-2.8% per year) and China (+5.1% per year).

Import Prices by Country

The average breathing appliances import price stood at $X per unit in 2022, growing by 4.9% against the previous year. In general, the import price saw tangible growth. The growth pace was the most rapid in 2016 when the average import price increased by 44% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per unit), while the price for Mexico ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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