Malaysia: Chromatograph Market 2024

Chromatograph Market Size in Malaysia

In 2022, the Malaysian chromatograph market decreased by -46.8% to $X, falling for the fourth consecutive year after three years of growth. Overall, consumption recorded a abrupt downturn. The pace of growth appeared the most rapid in 2017 with an increase of 8.9% against the previous year. Chromatograph consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Chromatograph Production in Malaysia

In value terms, chromatograph production amounted to $X in 2022 estimated in export price. In general, production, however, continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2017 with an increase of 22%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Chromatograph Exports

Exports from Malaysia

For the fifth consecutive year, Malaysia recorded growth in overseas shipments of chromatographs and electrophoresis instruments, which increased by 39% to X units in 2022. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 886%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, chromatograph exports contracted modestly to $X in 2022. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 1,504% against the previous year. The exports peaked at $X in 2021, and then reduced slightly in the following year.

Exports by Country

Singapore (X units) was the main destination for chromatograph exports from Malaysia, with a 59% share of total exports. Moreover, chromatograph exports to Singapore exceeded the volume sent to the second major destination, the United States (X units), fourfold. The third position in this ranking was held by Hong Kong SAR (X units), with a 9.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore totaled +80.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+79.3% per year) and Hong Kong SAR (+80.6% per year).

In value terms, Singapore ($X) emerged as the key foreign market for chromatographs and electrophoresis instruments exports from Malaysia, comprising 45% of total exports. The second position in the ranking was taken by the United States ($X), with a 19% share of total exports. It was followed by Hong Kong SAR, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Singapore stood at +58.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+70.3% per year) and Hong Kong SAR (+57.5% per year).

Export Prices by Country

In 2022, the average chromatograph export price amounted to $X per unit, shrinking by -28.2% against the previous year. Overall, the export price saw a abrupt contraction. The pace of growth was the most pronounced in 2014 an increase of 63% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Brazil ($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 (-5.1%), while the prices for the other major destinations experienced a decline.

Chromatograph Imports

Imports into Malaysia

In 2022, imports of chromatographs and electrophoresis instruments into Malaysia surged to X units, picking up by 40% compared with 2021 figures. In general, imports saw strong growth. The growth pace was the most rapid in 2013 with an increase of 101% against the previous year. Imports peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, chromatograph imports skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 79% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Singapore (X units) constituted the largest supplier of chromatograph to Malaysia, accounting for a 42% share of total imports. Moreover, chromatograph imports from Singapore exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. The third position in this ranking was taken by Denmark (X units), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from Singapore stood at +12.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+6.4% per year) and Denmark (+56.0% per year).

In value terms, Singapore ($X), the United States ($X) and Germany ($X) were the largest chromatograph suppliers to Malaysia, with a combined 55% share of total imports. France, Denmark, the UK, China and Japan lagged somewhat behind, together accounting for a further 18%.

France, with a CAGR of +55.6%, recorded the highest rates of growth with regard to 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

The average chromatograph import price stood at $X per unit in 2022, with a decrease of -15.3% against the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2021 when the average import price increased by 28% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2018; however, from 2019 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 Germany ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+13.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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