Malaysia: Computing Machinery Market 2024

Computing Machinery Market Size in Malaysia

In 2021, the Malaysian computing machinery market increased by 15% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption posted a significant increase. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Computing Machinery Production in Malaysia

In value terms, computing machinery production amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.8% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 15% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Computing Machinery Exports

Exports from Malaysia

In 2021, after two years of growth, there was significant decline in overseas shipments of computing machinery and parts and accessories thereof, when their volume decreased by -14.4% to X tons. Overall, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2019 with an increase of 7% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, computing machinery exports contracted slightly to $X in 2021. Over the period under review, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2018 with an increase of 13% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for computing machinery exports from Malaysia, accounting for a 31% share of total exports. Moreover, computing machinery exports to the United States exceeded the volume sent to the second major destination, Thailand (X tons), twofold. Germany (X tons) ranked third in terms of total exports with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-10.8% per year) and Germany (+6.7% per year).

In value terms, the United States ($X) remains the key foreign market for computing machinery and parts and accessories thereof exports from Malaysia, comprising 35% of total exports. The second position in the ranking was held by Germany ($X), with a 9.1% share of total exports. It was followed by Singapore, with a 7% share.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+9.3% per year) and Singapore (-9.9% per year).

Export Prices by Country

In 2021, the average computing machinery export price amounted to $X per ton, surging by 11% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.2%. The pace of growth appeared the most rapid in 2013 an increase of 28%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Computing Machinery Imports

Imports into Malaysia

After two years of decline, overseas purchases of computing machinery and parts and accessories thereof increased by 17% to X tons in 2021. Over the period under review, imports, however, recorded a pronounced contraction. The pace of growth appeared the most rapid in 2017 with an increase of 23%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, computing machinery imports surged to $X in 2021. In general, imports, however, saw a mild downturn. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Hong Kong SAR (X tons) constituted the largest supplier of computing machinery to Malaysia, accounting for a 31% share of total imports. Moreover, computing machinery imports from Hong Kong SAR exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The United States (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Hong Kong SAR stood at +10.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-13.8% per year) and the United States (+4.5% per year).

In value terms, the largest computing machinery suppliers to Malaysia were Hong Kong SAR ($X), the United States ($X) and Hungary ($X), together accounting for 64% of total imports. These countries were followed by the Philippines, Japan, China, Australia, Singapore, Thailand, Vietnam and Taiwan (Chinese), which together accounted for a further 18%.

Australia, with a CAGR of +27.0%, recorded the highest growth rate of the value of imports, in terms of 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 computing machinery import price stood at $X per ton in 2021, with an increase of 10% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 18%. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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