Malaysia: Glass Ampoules Market 2024

Glass Ampoules Market Size in Malaysia

In 2022, after three years of growth, there was significant decline in the Malaysian glass ampoules market, when its value decreased by -9.1% to $X. Over the period under review, consumption showed a mild decrease. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Glass Ampoules Exports

Exports from Malaysia

Glass ampoules exports from Malaysia skyrocketed to X units in 2022, with an increase of 307% against the previous year's figure. Over the period under review, exports, however, continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2020 when exports increased by 540%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, glass ampoules exports soared to $X in 2022. In general, exports, however, continue to indicate a sharp shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 720% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Myanmar (X units) was the main destination for glass ampoules exports from Malaysia, with a 87% share of total exports. Moreover, glass ampoules exports to Myanmar exceeded the volume sent to the second major destination, Taiwan (Chinese) (X units), eightfold. The third position in this ranking was taken by Thailand (X units), with a 2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Myanmar amounted to -19.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (-34.7% per year) and Thailand (-33.5% per year).

In value terms, Myanmar ($X) remains the key foreign market for glass ampoules for packing of goods exports from Malaysia, comprising 92% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 2.9% share of total exports. It was followed by Indonesia, with a 2.3% share.

From 2012 to 2022, the average annual growth rate of value to Myanmar stood at -18.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (-39.8% per year) and Indonesia (-27.9% per year).

Export Prices by Country

In 2022, the average glass ampoules export price amounted to $X per thousand units, growing by 8.7% against the previous year. In general, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glass ampoules export price increased by +99.8% against 2018 indices. The most prominent rate of growth was recorded in 2019 an increase of 40%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per thousand units), while the average price for exports to Taiwan (Chinese) ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+31.7%), while the prices for the other major destinations experienced more modest paces of growth.

Glass Ampoules Imports

Imports into Malaysia

In 2022, after four years of growth, there was significant decline in overseas purchases of glass ampoules for packing of goods, when their volume decreased by -10.3% to X units. Over the period under review, imports continue to indicate a perceptible setback. The pace of growth appeared the most rapid in 2020 when imports increased by 26%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, glass ampoules imports reduced to $X in 2022. Overall, imports saw a noticeable setback. The pace of growth was the most pronounced in 2020 with an increase of 17% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of glass ampoules to Malaysia, with a 48% share of total imports. Moreover, glass ampoules imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X units), twofold. The third position in this ranking was held by India (X units), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +41.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-11.7% per year) and India (-6.5% per year).

In value terms, the largest glass ampoules suppliers to Malaysia were China ($X), Indonesia ($X) and India ($X), together accounting for 83% of total imports.

In terms of the main suppliers, China, with a CAGR of +50.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average glass ampoules import price amounted to $X per thousand units, rising by 3.8% against the previous year. In general, the import price, however, continues to indicate a noticeable slump. The pace of growth was the most pronounced in 2017 when the average import price increased by 15% against the previous year. The import price peaked at $X per thousand units in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per thousand units), while the price for Hong Kong SAR ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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