Malaysia: Market for Gas and Smoke Analysers 2024

Market Size for Gas and Smoke Analysers in Malaysia

The Malaysian gas and smoke analyser market surged to $X in 2021, rising by 34% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a resilient expansion. Gas and smoke analyser consumption peaked in 2021 and is expected to retain growth in the near future.

Exports of Gas and Smoke Analysers

Exports from Malaysia

In 2021, approx. X units of gas and smoke analysers were exported from Malaysia; rising by 202% on the previous year. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 390% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in the immediate term.

In value terms, gas and smoke analyser exports surged to $X in 2021. Overall, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of 376%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Singapore (X units), Canada (X units) and Australia (X units) were the main destinations of gas and smoke analyser exports from Malaysia, with a combined 25% share of total exports. These countries were followed by South Korea, Taiwan (Chinese), Indonesia, Germany, Vietnam, Portugal, the United States, Israel and Thailand, which together accounted for a further 12%.

From 2012 to 2021, the biggest increases were recorded for Portugal (with a CAGR of +5,900.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) remains the key foreign market for gas and smoke analysers exports from Malaysia, comprising 15% of total exports. The second position in the ranking was held by Canada ($X), with a 6.1% share of total exports. It was followed by Indonesia, with a 5.7% share.

From 2012 to 2021, the average annual growth rate of value to Singapore amounted to +12.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+44.3% per year) and Indonesia (+33.5% per year).

Export Prices by Country

The average gas and smoke analyser export price stood at $X per unit in 2021, falling by -46.3% against the previous year. In general, the export price faced a abrupt downturn. The pace of growth was the most pronounced in 2020 an increase of 197%. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Indonesia ($X per unit), while the average price for exports to Portugal ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.0%), while the prices for the other major destinations experienced a decline.

Imports of Gas and Smoke Analysers

Imports into Malaysia

In 2021, approx. X units of gas and smoke analysers were imported into Malaysia; picking up by 62% compared with the previous year. In general, imports recorded a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of 68% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, gas and smoke analyser imports surged to $X in 2021. Overall, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +8.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +3.4% against 2017 indices. The pace of growth appeared the most rapid in 2017 with an increase of 52%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Japan (X units), China (X units) and the United States (X units) were the main suppliers of gas and smoke analyser imports to Malaysia, with a combined 66% share of total imports. Switzerland, Germany, Singapore, South Korea and the UK lagged somewhat behind, together comprising a further 12%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +66.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Germany ($X) constituted the largest gas and smoke analyser suppliers to Malaysia, with a combined 42% share of total imports. Switzerland, Japan, the UK, Singapore and South Korea lagged somewhat behind, together accounting for a further 30%.

Among the main suppliers, Switzerland, with a CAGR of +53.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average gas and smoke analyser import price stood at $X per unit in 2021, declining by -26% against the previous year. In general, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2013 an increase of 48%. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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