Malaysia: Non-Electric Chainsaw Market 2024

Non-Electric Chainsaw Market Size in Malaysia

In 2022, after two years of growth, there was decline in the Malaysian non-electric chainsaw market, when its value decreased by -0.8% to $X. In general, the total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.6% 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 +13.6% against 2019 indices. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Non-Electric Chainsaw Exports

Exports from Malaysia

After two years of growth, shipments abroad of chainsaws with a self-contained non-electric motor decreased by -37.7% to X units in 2022. In general, exports saw a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 217%. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-electric chainsaw exports reduced modestly to $X in 2022. Over the period under review, exports faced a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 104% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X units) was the main destination for non-electric chainsaw exports from Malaysia, accounting for a 64% share of total exports. Moreover, non-electric chainsaw exports to Singapore exceeded the volume sent to the second major destination, Brunei Darussalam (X units), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore stood at -11.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brunei Darussalam (-2.8% per year) and Suriname (+90.5% per year).

In value terms, Singapore ($X) remains the key foreign market for chainsaws with a self-contained non-electric motor exports from Malaysia, comprising 72% of total exports. The second position in the ranking was held by Brunei Darussalam ($X), with a 25% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore amounted to -10.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brunei Darussalam (-2.7% per year) and Suriname (+35.9% per year).

Export Prices by Country

The average non-electric chainsaw export price stood at $X per unit in 2022, jumping by 53% against the previous year. Over the period under review, the export price, however, showed a slight decline. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to Brunei Darussalam ($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 Spain (+102.4%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Chainsaw Imports

Imports into Malaysia

In 2022, approx. X units of chainsaws with a self-contained non-electric motor were imported into Malaysia; growing by 1.8% against the previous year. Overall, imports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2017 when imports increased by 48% against the previous year. Over the period under review, imports hit record highs at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, non-electric chainsaw imports contracted modestly to $X in 2022. Over the period under review, total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +12.8% against 2019 indices. The pace of growth appeared the most rapid in 2014 when imports increased by 46%. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of non-electric chainsaw to Malaysia, with a 86% share of total imports. Moreover, non-electric chainsaw imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X units), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+7.4% per year) and Singapore (-5.4% per year).

In value terms, China ($X) constituted the largest supplier of chainsaws with a self-contained non-electric motor to Malaysia, comprising 56% of total imports. The second position in the ranking was taken by Brazil ($X), with a 25% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+7.1% per year) and Singapore (-4.1% per year).

Import Prices by Country

The average non-electric chainsaw import price stood at $X per unit in 2022, shrinking by -4.8% against the previous year. Over the period under review, the import price saw a pronounced contraction. The pace of growth was the most pronounced in 2016 an increase of 16% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

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 Singapore ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+1.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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