Malaysia: Market for Glass in The Mass 2025

Market Size for Glass in The Mass in Malaysia

In 2022, the Malaysian glass in the mass market increased by 227% to $X, rising for the second consecutive year after three years of decline. Overall, consumption enjoyed a moderate increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Glass in The Mass

Exports from Malaysia

Glass in the mass exports from Malaysia reduced dramatically to X tons in 2022, with a decrease of -54.9% against 2021 figures. Overall, exports showed a abrupt curtailment. The growth pace was the most rapid in 2018 with an increase of 42% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, glass in the mass exports reduced to $X in 2022. In general, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2017 with an increase of 70%. Over the period under review, the glass in mass exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for glass in the mass exports from Malaysia, accounting for a 41% share of total exports. Moreover, glass in the mass exports to China exceeded the volume sent to the second major destination, South Korea (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at +4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+92.3% per year) and Singapore (-7.2% per year).

In value terms, China ($X) emerged as the key foreign market for glass in the mass exports from Malaysia, comprising 78% of total exports. The second position in the ranking was held by South Korea ($X), with a 6.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value to China stood at +12.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+97.2% per year) and Singapore (-14.9% per year).

Export Prices by Country

The average glass in the mass export price stood at $X per ton in 2022, rising by 121% against the previous year. Overall, the export price recorded a strong increase. As a result, the export price attained the peak level and is likely to continue 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 China ($X per ton), while the average price for exports to Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass in The Mass

Imports into Malaysia

In 2022, purchases abroad of glass in the mass increased by 190% to X tons, rising for the second consecutive year after three years of decline. Overall, imports recorded a perceptible expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, glass in the mass imports shrank significantly to $X in 2022. In general, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 90%. Over the period under review, glass in mass imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Myanmar (X tons) was the main supplier of glass in the mass to Malaysia, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Myanmar amounted to +53.2%.

In value terms, Myanmar ($X) constituted the largest supplier of glass in the mass to Malaysia.

From 2012 to 2022, the average annual growth rate of value from Myanmar stood at +66.0%.

Import Prices by Country

The average glass in the mass import price stood at $X per ton in 2022, shrinking by -73.7% against the previous year. Over the period under review, the import price showed a deep setback. The pace of growth appeared the most rapid in 2019 an increase of 80% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Myanmar.

From 2012 to 2022, the rate of growth in terms of prices for Myanmar amounted to +8.2% per year.

Source: IndexBox Platform

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