Malaysia: Ceramic Tile Market 2024

Ceramic Tile Market Size in Malaysia

In 2022, the Malaysian ceramic tile market decreased by -6% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -1.5% against 2018 indices. Over the period under review, the market hit record highs at $X in 2021, and then contracted in the following year.

Ceramic Tile Production in Malaysia

In value terms, ceramic tile production shrank to $X in 2022 estimated in export price. Overall, production continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2021 when the production volume increased by 19% against the previous year. Ceramic tile production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Ceramic Tile Exports

Exports from Malaysia

In 2022, the amount of ceramic tiles exported from Malaysia expanded markedly to X square meters, surging by 9.9% against the previous year. In general, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2018 when exports increased by 19% against the previous year. The exports peaked at X square meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, ceramic tile exports shrank to $X in 2022. Overall, exports, however, saw a abrupt decline. The pace of growth was the most pronounced in 2018 when exports increased by 8.1%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X square meters), Singapore (X square meters) and Taiwan (Chinese) (X square meters) were the main destinations of ceramic tile exports from Malaysia, with a combined 43% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +26.4%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for ceramic tiles exports from Malaysia, comprising 34% of total exports. The second position in the ranking was held by Singapore ($X), with a 9.7% share of total exports. It was followed by Taiwan (Chinese), with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +34.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (-8.3% per year) and Taiwan (Chinese) (+1.5% per year).

Export Prices by Country

In 2022, the average ceramic tile export price amounted to $X per square meter, dropping by -9.1% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2022: its price 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, ceramic tile export price increased by +10.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 20% against the previous year. As a result, the export price reached the peak level of $X per square meter, and then declined in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per square meter), while the average price for exports to Indonesia ($X per square meter) 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 (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Ceramic Tile Imports

Imports into Malaysia

Ceramic tile imports into Malaysia rose modestly to X square meters in 2022, increasing by 4.8% on 2021 figures. Over the period under review, imports posted buoyant growth. The most prominent rate of growth was recorded in 2018 when imports increased by 89%. As a result, imports reached the peak of X square meters. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, ceramic tile imports contracted to $X in 2022. Overall, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -5.8% against 2018 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 50% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X square meters) constituted the largest ceramic tile supplier to Malaysia, accounting for a 74% share of total imports. Moreover, ceramic tile imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X square meters), sixfold. Vietnam (X square meters) ranked third in terms of total imports with a 9.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +15.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+8.1% per year) and Vietnam (-0.6% per year).

In value terms, China ($X) constituted the largest supplier of ceramic tiles to Malaysia, comprising 88% of total imports. The second position in the ranking was taken by Indonesia ($X), with a 5.5% share of total imports. It was followed by Vietnam, with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +15.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-1.6% per year) and Vietnam (-12.6% per year).

Import Prices by Country

In 2022, the average ceramic tile import price amounted to $X per square meter, dropping by -6.2% against the previous year. Over the period under review, the import price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 23%. The import price peaked at $X per square meter in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per square meter), while the price for Vietnam ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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