Malaysia: Food Mixer Market 2024

Food Mixer Market Size in Malaysia

After three years of growth, the Malaysian food mixer market decreased by -14.1% to $X in 2022. Over the period under review, consumption, however, saw a strong increase. Food mixer consumption peaked at $X in 2021, and then shrank in the following year.

Food Mixer Production in Malaysia

In value terms, food mixer production reached $X in 2022 estimated in export price. In general, the total production indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.2% against 2020 indices. The pace of growth was the most pronounced in 2013 when the production volume increased by 56% against the previous year. Food mixer production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Food Mixer Exports

Exports from Malaysia

After two years of growth, overseas shipments of domestic food grinders and mixers and fruit or vegetable juice extractors decreased by -1.1% to X units in 2022. Overall, exports continue to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2017 with an increase of 37% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, food mixer exports contracted to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 46% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Vietnam (X units), the United Arab Emirates (X units) and Mexico (X units) were the main destinations of food mixer exports from Malaysia, with a combined 56% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +31.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for food mixer exported from Malaysia were the United Arab Emirates ($X), Vietnam ($X) and Singapore ($X), together comprising 61% of total exports.

The United Arab Emirates, with a CAGR of +30.9%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average food mixer export price stood at $X per unit in 2022, falling by -2.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2013 when the average export price increased by 17%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2021, and then contracted modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($X per unit), while the average price for exports to India ($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 Egypt (+32.7%), while the prices for the other major destinations experienced more modest paces of growth.

Food Mixer Imports

Imports into Malaysia

In 2022, after two years of growth, there was significant decline in overseas purchases of domestic food grinders and mixers and fruit or vegetable juice extractors, when their volume decreased by -26.1% to X units. Over the period under review, imports, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 102%. As a result, imports reached the peak of X units, and then fell remarkably in the following year.

In value terms, food mixer imports shrank markedly to $X in 2022. In general, imports, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 95% against the previous year. As a result, imports attained the peak of $X, and then plummeted in the following year.

Imports by Country

In 2022, China (X units) was the main supplier of food mixer to Malaysia, with a 96% share of total imports. It was followed by Switzerland (X units), with a 1.6% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +9.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+40.7% per year) and Indonesia (-0.5% per year).

In value terms, China ($X) constituted the largest supplier of domestic food grinders and mixers and fruit or vegetable juice extractors to Malaysia, comprising 67% of total imports. The second position in the ranking was taken by Switzerland ($X), with a 29% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+43.1% per year) and Indonesia (-5.2% per year).

Import Prices by Country

In 2022, the average food mixer import price amounted to $X per unit, surging by 2.3% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 20%. The import price peaked at $X per unit in 2015; however, from 2016 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 Switzerland ($X per unit), while the price for Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+1.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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