Malaysia: Spacecraft Market 2025

Spacecraft Market Size in Malaysia

In 2022, the Malaysian spacecraft market decreased by -57.3% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, showed significant growth. Over the period under review, the market attained the maximum level at $X in 2021, and then dropped rapidly in the following year.

Spacecraft Production in Malaysia

In value terms, spacecraft production contracted sharply to $X in 2022 estimated in export price. Overall, production, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 420%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Spacecraft Exports

Exports from Malaysia

In 2022, shipments abroad of civil spacecraft, satellites and launch vehicles decreased by -18.8% to X units, falling for the third consecutive year after three years of growth. Overall, exports saw a deep downturn. The pace of growth was the most pronounced in 2018 when exports increased by 1,073%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, spacecraft exports contracted significantly to $X in 2022. In general, exports continue to indicate a dramatic decline. The pace of growth was the most pronounced in 2018 when exports increased by 1,240%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X units), China (X units) and Australia (X units) were the main destinations of spacecraft exports from Malaysia, with a combined 69% 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 UK (with a CAGR of +9.6%), while the other leaders experienced mixed trend patterns.

In value terms, France ($X), Singapore ($X) and Australia ($X) constituted the largest markets for spacecraft exported from Malaysia worldwide, together accounting for 75% of total exports.

In terms of the main countries of destination, Singapore, with a CAGR of +0.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average spacecraft export price amounted to $X per unit, with an increase of 2.1% against the previous year. In general, the export price, however, continues to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2020 when the average export price increased by 89%. Over the period under review, the average export prices reached the maximum at $X per unit in 2016; however, from 2017 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 France ($X per unit), while the average price for exports to the UK ($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 China (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Spacecraft Imports

Imports into Malaysia

After two years of growth, supplies from abroad of civil spacecraft, satellites and launch vehicles decreased by -80.1% to X units in 2022. Over the period under review, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 130,100%. As a result, imports attained the peak of X units, and then contracted rapidly in the following year.

In value terms, spacecraft imports shrank rapidly to $X in 2022. Overall, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 879,806% against the previous year. As a result, imports attained the peak of $X, and then dropped remarkably in the following year.

Imports by Country

In 2022, France (X units) was the main spacecraft supplier to Malaysia, with a 100% share of total imports. It was followed by Taiwan (Chinese) (X units), with a 0.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from France totaled +104.7%.

In value terms, France ($X) constituted the largest supplier of civil spacecraft, satellites and launch vehicles to Malaysia, comprising 50% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with less than 0.1% share of total imports.

From 2012 to 2022, the average annual growth rate of value from France totaled +124.6%.

Import Prices by Country

In 2022, the average spacecraft import price amounted to $X per unit, growing by 151% against the previous year. Over the period under review, the import price enjoyed significant growth. The most prominent rate of growth was recorded in 2021 an increase of 576% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for Taiwan (Chinese) totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.7%).

Source: IndexBox Platform

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