Malaysia: Electrical Signalling Apparatus Market 2025

Electrical Signalling Apparatus Market Size in Malaysia

The Malaysian electrical signalling apparatus market was finally on the rise to reach $X in 2022, after two years of decline. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Electrical Signalling Apparatus Production in Malaysia

In value terms, electrical signalling apparatus production dropped modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 16%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Electrical Signalling Apparatus Exports

Exports from Malaysia

In 2022, the amount of electrical apparatus for sound or visual signalling exported from Malaysia expanded slightly to X units, with an increase of 3.3% compared with 2021 figures. Overall, exports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 439% against the previous year. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, electrical signalling apparatus exports stood at $X in 2022. Over the period under review, exports, however, showed a mild contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 231% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for electrical signalling apparatus exports from Malaysia, with a 43% share of total exports. Moreover, electrical signalling apparatus exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X units), twofold. The third position in this ranking was held by the UK (X units), with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at -4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+38.4% per year) and the UK (-10.2% per year).

In value terms, the United States ($X) remains the key foreign market for electrical apparatus for sound or visual signalling exports from Malaysia, comprising 46% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 19% share of total exports. It was followed by the UK, with a 7.8% share.

From 2012 to 2022, the average annual growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+46.2% per year) and the UK (-5.1% per year).

Export Prices by Country

In 2022, the average electrical signalling apparatus export price amounted to $X per unit, waning by -1.6% against the previous year. In general, the export price, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 66% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to the United Arab Emirates ($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 Germany (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Signalling Apparatus Imports

Imports into Malaysia

After three years of decline, supplies from abroad of electrical apparatus for sound or visual signalling increased by 10% to X units in 2022. Overall, total imports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -46.1% against 2018 indices. The pace of growth appeared the most rapid in 2013 with an increase of 70%. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, electrical signalling apparatus imports rose sharply to $X in 2022. Over the period under review, imports posted a perceptible expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 65%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of electrical signalling apparatus to Malaysia, accounting for a 35% share of total imports. Moreover, electrical signalling apparatus imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), twofold. The third position in this ranking was taken by the United States (X units), with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-3.4% per year) and the United States (+5.1% per year).

In value terms, China ($X) constituted the largest supplier of electrical apparatus for sound or visual signalling to Malaysia, comprising 36% of total imports. The second position in the ranking was taken by Japan ($X), with a 14% share of total imports. It was followed by the United States, with an 8.3% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-2.4% per year) and the United States (+6.2% per year).

Import Prices by Country

In 2022, the average electrical signalling apparatus import price amounted to $X per unit, reducing by -4.1% against the previous year. In general, the import price, however, saw modest growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 20%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($X per unit) and Taiwan (Chinese) ($X per unit), while the price for Latvia ($X per unit) and the Philippines ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :