Malaysia: Market for Ceramic Wares For Laboratory Or Technical Uses 2024

Market Size for Ceramic Wares For Laboratory Or Technical Uses in Malaysia

In 2022, the Malaysian market for ceramic wares for laboratory or technical uses increased by 72% to $X, rising for the eighth consecutive year after two years of decline. In general, consumption posted a prominent increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Ceramic Wares For Laboratory Or Technical Uses in Malaysia

In value terms, production of ceramic wares for laboratory or technical uses expanded remarkably to $X in 2022 estimated in export price. Over the period under review, production enjoyed a strong expansion. The pace of growth appeared the most rapid in 2017 with an increase of 227%. Over the period under review, production of attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Ceramic Wares For Laboratory Or Technical Uses

Exports from Malaysia

In 2022, shipments abroad of ceramic wares for laboratory or technical uses increased by 407% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports posted buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of ceramic wares for laboratory or technical uses soared to $X in 2022. Over the period under review, exports recorded buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia (X tons) was the main destination for exports of ceramic wares for laboratory or technical uses from Malaysia, accounting for a 42% share of total exports. Moreover, exports of ceramic wares for laboratory or technical uses to Australia exceeded the volume sent to the second major destination, China (X tons), threefold. South Korea (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia amounted to +36.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+21.0% per year) and South Korea (+2.1% per year).

In value terms, the largest markets for ceramic wares for laboratory or technical uses exported from Malaysia were Japan ($X), Australia ($X) and China ($X), together accounting for 42% of total exports.

Australia, with a CAGR of +54.1%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for ceramic wares for laboratory or technical uses amounted to $X per ton, growing by 10% against the previous year. In general, the export price posted a strong increase. The pace of growth was the most pronounced in 2018 an increase of 51%. The export price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+36.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ceramic Wares For Laboratory Or Technical Uses

Imports into Malaysia

In 2022, imports of ceramic wares for laboratory or technical uses into Malaysia skyrocketed to X tons, with an increase of 220% against 2021 figures. Over the period under review, imports continue to indicate resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of ceramic wares for laboratory or technical uses soared to $X in 2022. Overall, imports posted a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Poland (X tons) and South Korea (X tons) were the main suppliers of imports of ceramic wares for laboratory or technical uses to Malaysia, together accounting for 54% of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +104.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constituted the largest supplier of ceramic wares for laboratory or technical uses to Malaysia, comprising 38% of total imports. The second position in the ranking was taken by Germany ($X), with a 14% share of total imports. It was followed by China, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from Poland totaled +103.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+56.3% per year) and China (+6.4% per year).

Import Prices by Country

In 2022, the average import price for ceramic wares for laboratory or technical uses amounted to $X per ton, increasing by 35% against the previous year. Over the period under review, the import price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2018 an increase of 47%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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 Japan ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+24.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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