Malaysia: Market for Dentist And Barber Chairs 2024

Market Size for Dentist And Barber Chairs in Malaysia

The Malaysian dentist or barber chair market expanded slightly to $X in 2022, picking up by 2.8% against the previous year. Over the period under review, consumption posted tangible growth. Dentist or barber chair consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Dentist And Barber Chairs in Malaysia

In value terms, dentist or barber chair production reached $X in 2022 estimated in export price. In general, production posted a noticeable expansion. The pace of growth appeared the most rapid in 2016 with an increase of 72%. Dentist or barber chair production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Dentist And Barber Chairs

Exports from Malaysia

In 2022, the amount of dentist and barber chairs exported from Malaysia shrank significantly to X units, declining by -17.8% compared with the previous year. Over the period under review, exports, however, posted a notable increase. The pace of growth appeared the most rapid in 2013 when exports increased by 511% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, dentist or barber chair exports reduced sharply to $X in 2022. In general, exports, however, saw a temperate increase. The most prominent rate of growth was recorded in 2013 when exports increased by 217%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The UK (X units) was the main destination for dentist or barber chair exports from Malaysia, accounting for a 54% share of total exports. Moreover, dentist or barber chair exports to the UK exceeded the volume sent to the second major destination, Australia (X units), twofold. The third position in this ranking was taken by Finland (X units), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to the UK stood at +3.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+12.5% per year) and Finland (-3.2% per year).

In value terms, the UK ($X) remains the key foreign market for dentist and barber chairs exports from Malaysia, comprising 61% of total exports. The second position in the ranking was taken by Australia ($X), with a 21% share of total exports. It was followed by Finland, with a 7.6% share.

From 2012 to 2022, the average annual growth rate of value to the UK amounted to +2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+7.8% per year) and Finland (+2.2% per year).

Export Prices by Country

The average dentist or barber chair export price stood at $X per unit in 2022, falling by -3.9% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 59% against the previous year. The export price peaked 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 Arab Emirates ($X per unit), while the average price for exports to the United States ($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 Singapore (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dentist And Barber Chairs

Imports into Malaysia

In 2022, approx. X units of dentist and barber chairs were imported into Malaysia; shrinking by -11.3% on 2021 figures. Overall, imports, however, saw resilient growth. The pace of growth was the most pronounced in 2014 when imports increased by 132% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, dentist or barber chair imports declined to $X in 2022. In general, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 143% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) was the main dentist or barber chair supplier to Malaysia, accounting for a 94% share of total imports. It was followed by Vietnam (X units), with a 2.4% share of total imports. The third position in this ranking was taken by Italy (X units), with a 0.7% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +20.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+34.0% per year) and Italy (-7.5% per year).

In value terms, China ($X) constituted the largest supplier of dentist and barber chairs to Malaysia, comprising 64% of total imports. The second position in the ranking was held by Vietnam ($X), with a 14% share of total imports. It was followed by Italy, with a 5.4% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +24.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+56.2% per year) and Italy (-0.6% per year).

Import Prices by Country

In 2022, the average dentist or barber chair import price amounted to $X per unit, picking up by 5% against the previous year. Overall, the import price, however, saw a perceptible decline. The pace of growth was the most pronounced in 2018 an increase of 30%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+23.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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