Malaysia - Glass in the Mass - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMalaysia: Market for Glass in The Mass 2024
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
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for glass in the mass in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23191110 - Glass in the mass (excluding glass in the form of powder, g ranules or flakes)
Country coverage:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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