Malaysia: Market for Electric Generating Sets And Rotary Converters 2022

Market Size for Electric Generating Sets And Rotary Converters in Malaysia

After two years of growth, the Malaysian market for electric generating sets and rotary converters decreased by -X% to $X in 2020. Over the period under review, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, the market reached the peak level at $X in 2019, and then contracted rapidly in the following year.

Production of Electric Generating Sets And Rotary Converters in Malaysia

In value terms, production of electric generating sets and rotary converters fell to $X in 2020 estimated in export prices. Overall, production, however, recorded pronounced growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X. from 2015 to 2020, production growth failed to regain the momentum.

Exports of Electric Generating Sets And Rotary Converters

Exports from Malaysia

In 2020, after two years of growth, there was significant decline in shipments abroad of electric generating sets and rotary converters, when their volume decreased by -X% to X units. In general, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, exports hit record highs at X units in 2019, and then fell notably in the following year.

In value terms, exports of electric generating sets and rotary converters reduced dramatically to $X in 2020. Overall, exports, however, continue to indicate a mild increase. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Exports peaked at $X in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X units) was the main destination for exports of electric generating sets and rotary converters from Malaysia, with a X% share of total exports. Moreover, exports of electric generating sets and rotary converters to Indonesia exceeded the volume sent to the second major destination, Singapore (X units), twofold. Thailand (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Indonesia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+X% per year) and Thailand (+X% per year).

In value terms, Singapore ($X) remains the key foreign market for electric generating set and rotary converter exports from Malaysia, comprising X% of total exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Singapore amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and Indonesia (-X% per year).

Export Prices by Country

In 2020, the average export price for electric generating sets and rotary converters amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price, however, showed a abrupt downturn. The growth pace was the most rapid in 2011 an increase of X% against the previous year. Over the period under review, average export prices reached the maximum at $X per unit in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Singapore ($X per unit), while the average price for exports to Gabon ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Japan, while the prices for the other major destinations experienced a decline.

Imports of Electric Generating Sets And Rotary Converters

Imports into Malaysia

In 2020, imports of electric generating sets and rotary converters into Malaysia dropped rapidly to X units, shrinking by -X% against 2019 figures. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at X units in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, imports of electric generating sets and rotary converters shrank notably to $X in 2020. Over the period under review, imports continue to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2019, and then contracted rapidly in the following year.

Imports by Country

In 2020, China (X units) constituted the largest supplier of electric generating set and rotary converter to Malaysia, accounting for a X% share of total imports. Moreover, imports of electric generating sets and rotary converters from China exceeded the figures recorded by the second-largest supplier, Singapore (X units), sixfold. The U.S. (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+X% per year) and the U.S. (-X% per year).

In value terms, China ($X) constituted the largest supplier of electric generating set and rotary converter to Malaysia, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports. It was followed by Singapore, with a X% share.

From 2007 to 2020, the average annual growth rate of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and Singapore (-X% per year).

Import Prices by Country

The average import price for electric generating sets and rotary converters stood at $X per unit in 2020, falling by -X% against the previous year. Overall, the import price recorded a noticeable decline. The pace of growth was the most pronounced in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2008; however, from 2009 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :