Malaysia: Cold Metal-Rolling Mill Market 2024

Cold Metal-Rolling Mill Market Size in Malaysia

The Malaysian cold metal-rolling mill market soared to $X in 2022, growing by X% against the previous year. Overall, consumption recorded a prominent increase. Cold metal-rolling mill consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Cold Metal-Rolling Mill Production in Malaysia

In value terms, cold metal-rolling mill production soared to $X in 2022 estimated in export price. Overall, production posted strong growth. The growth pace was the most rapid in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Cold Metal-Rolling Mill Exports

Exports from Malaysia

In 2022, cold metal-rolling mill exports from Malaysia reduced markedly to X units, declining by X% on the previous year's figure. Over the period under review, exports showed a deep slump. The growth pace was the most rapid in 2017 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, cold metal-rolling mill exports shrank sharply to $X in 2022. In general, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2021, and then reduced remarkably in the following year.

Exports by Country

The Philippines (X units), Indonesia (X units) and South Korea (X units) were the main destinations of cold metal-rolling mill exports from Malaysia.

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

In value terms, the Philippines ($X) emerged as the key foreign market for cold metal-rolling mills exports from Malaysia, comprising X% of total exports. The second position in the ranking was held by Indonesia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the Philippines stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (X% per year) and South Korea (X% per year).

Export Prices by Country

The average cold metal-rolling mill export price stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the export price saw a mild shrinkage. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2021, and then fell notably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($X per unit), while the average price for exports to South Korea ($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 Philippines (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cold Metal-Rolling Mill Imports

Imports into Malaysia

In 2022, the amount of cold metal-rolling mills imported into Malaysia contracted sharply to X units, reducing by X% compared with the previous year's figure. Over the period under review, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, cold metal-rolling mill imports surged to $X in 2022. In general, imports, however, enjoyed temperate growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of cold metal-rolling mill to Malaysia, accounting for a X% share of total imports. Moreover, cold metal-rolling mill imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), sixfold. Taiwan (Chinese) (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, China ($X) constituted the largest supplier of cold metal-rolling mills to Malaysia, comprising X% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Vietnam (X% per year).

Import Prices by Country

In 2022, the average cold metal-rolling mill import price amounted to $X,852 per unit, jumping by X% against the previous year. Over the period under review, the import price showed a prominent increase. As a result, import price attained the peak level and is likely to continue 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 Taiwan (Chinese) ($X,698 per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :