Malaysia: Appliance Part Brush Market 2024

Appliance Part Brush Market Size in Malaysia

The Malaysian appliance part brush market fell to $X in 2022, reducing by -13.2% against the previous year. Overall, the total consumption indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +52.2% against 2016 indices. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Appliance Part Brush Production in Malaysia

In value terms, appliance part brush production reduced to $X in 2022 estimated in export price. Overall, the total production indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.5% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 66% against the previous year. Appliance part brush production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Appliance Part Brush Exports

Exports from Malaysia

In 2022, the amount of brushes constituting parts of appliances exported from Malaysia surged to X units, jumping by 47% compared with 2021 figures. In general, exports enjoyed a prominent expansion. The growth pace was the most rapid in 2016 when exports increased by 927% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, appliance part brush exports surged to $X in 2022. Overall, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 515% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Thailand (X units) was the main destination for appliance part brush exports from Malaysia, accounting for a 31% share of total exports. Moreover, appliance part brush exports to Thailand exceeded the volume sent to the second major destination, Vietnam (X units), twofold. The third position in this ranking was held by the United States (X units), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Thailand amounted to +7.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+31.9% per year) and the United States (+67.9% per year).

In value terms, Thailand ($X) remains the key foreign market for brushes constituting parts of appliances exports from Malaysia, comprising 31% of total exports. The second position in the ranking was taken by Vietnam ($X), with a 13% share of total exports. It was followed by the United States, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Thailand stood at +8.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+32.3% per year) and the United States (+68.4% per year).

Export Prices by Country

In 2022, the average appliance part brush export price amounted to $X per unit, shrinking by -18.4% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 39%. As a result, the export price reached the peak level of $X per unit, and then reduced notably in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Vietnam ($X per unit) and Japan ($X per unit), while the average price for exports to Singapore ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+0.3%), while the prices for the other major destinations experienced more modest paces of growth.

Appliance Part Brush Imports

Imports into Malaysia

After three years of growth, supplies from abroad of brushes constituting parts of appliances decreased by -11.8% to X units in 2022. Over the period under review, imports, however, continue to indicate notable growth. The growth pace was the most rapid in 2017 when imports increased by 80%. Imports peaked at X units in 2021, and then reduced in the following year.

In value terms, appliance part brush imports declined to $X in 2022. Overall, imports, however, saw temperate growth. The pace of growth appeared the most rapid in 2017 with an increase of 72% against the previous year. Imports peaked at $X in 2021, and then declined in the following year.

Imports by Country

China (X units), Japan (X units) and the United States (X units) were the main suppliers of appliance part brush imports to Malaysia, with a combined 88% share of total imports. Hong Kong SAR, Singapore, Germany and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 8%.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +61.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and the United States ($X) were the largest appliance part brush suppliers to Malaysia, with a combined 88% share of total imports. Hong Kong SAR, Singapore, Germany and Taiwan (Chinese) lagged somewhat behind, together comprising a further 8%.

Hong Kong SAR, with a CAGR of +60.9%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average appliance part brush import price amounted to $X per unit, almost unchanged from the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 12% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Hong Kong SAR ($X per unit) and the United States ($X per unit), while the price for Germany ($X per unit) and Singapore ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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