Malaysia: Reel Cutting Slitter Market 2024

Reel Cutting Slitter Market Size in Malaysia

The Malaysian reel cutting slitter market contracted notably to $X in 2022, waning by -16.7% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Reel cutting slitter consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Reel Cutting Slitter Production in Malaysia

In value terms, reel cutting slitter production soared to $X in 2022 estimated in export price. Overall, production, however, saw significant growth. The growth pace was the most rapid in 2020 when the production volume increased by 765%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Reel Cutting Slitter Exports

Exports from Malaysia

For the fifth consecutive year, Malaysia recorded growth in shipments abroad of combined reel slitting and re-reeling cutting machines for paper and paperboard, which increased by 1% to X units in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,221%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, reel cutting slitter exports fell to $X in 2022. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 1,142% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then reduced in the following year.

Exports by Country

The United States (X units) was the main destination for reel cutting slitter exports from Malaysia, with a 92% share of total exports. Moreover, reel cutting slitter exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States was relatively modest.

In value terms, the United States ($X) emerged as the key foreign market for combined reel slitting and re-reeling cutting machines for paper and paperboard exports from Malaysia, comprising 91% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 6.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States was relatively modest.

Export Prices by Country

In 2022, the average reel cutting slitter export price amounted to $X per unit, which is down by -7.3% against the previous year. In general, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, reel cutting slitter export price increased by +29.1% against 2016 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 16% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2021, and then shrank in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to the United States amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-1.6%).

Reel Cutting Slitter Imports

Imports into Malaysia

In 2022, supplies from abroad of combined reel slitting and re-reeling cutting machines for paper and paperboard decreased by -3.7% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports continue to indicate a pronounced decline. The most prominent rate of growth was recorded in 2013 when imports increased by 24% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, reel cutting slitter imports dropped to $X in 2022. In general, imports recorded a noticeable downturn. The most prominent rate of growth was recorded in 2013 with an increase of 26%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest reel cutting slitter supplier to Malaysia, accounting for a 63% share of total imports. Moreover, reel cutting slitter imports from China exceeded the figures recorded by the second-largest supplier, Estonia (X units), sixfold. Japan (X units) ranked third in terms of total imports with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (0.0% per year) and Japan (-10.4% per year).

In value terms, China ($X) constituted the largest supplier of combined reel slitting and re-reeling cutting machines for paper and paperboard to Malaysia, comprising 63% of total imports. The second position in the ranking was held by Estonia ($X), with a 9.7% share of total imports. It was followed by Japan, with a 6.6% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (0.0% per year) and Japan (-9.1% per year).

Import Prices by Country

In 2022, the average reel cutting slitter import price amounted to $X per unit, waning by -3.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2014 an increase of 16% 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 remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :