Report Update Nov 1, 2024

Malaysia - Handtools, Hydraulic or With A Self-Contained Non-Electric Motor - Market Analysis, Forecast, Size, Trends and Insights

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Malaysia: Non-Electric Motor Handtools Market 2024

Non-Electric Motor Handtools Market Size in Malaysia

The Malaysian non-electric motor handtools market shrank dramatically to $X in 2022, dropping by -19.3% 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). Overall, consumption, however, showed a prominent increase. Non-electric motor handtools consumption peaked at $X in 2021, and then shrank markedly in the following year.

Non-Electric Motor Handtools Exports

Exports from Malaysia

In 2022, overseas shipments of handtools, hydraulic or with a self-contained non-electric motor were finally on the rise to reach X units for the first time since 2016, thus ending a five-year declining trend. Overall, exports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 64% against the previous year. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-electric motor handtools exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a perceptible decline. The pace of growth was the most pronounced in 2014 when exports increased by 30% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Myanmar (X units) was the main destination for non-electric motor handtools exports from Malaysia, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Myanmar amounted to +128.4%.

In value terms, Myanmar ($X) emerged as the key foreign market for handtools, hydraulic or with a self-contained non-electric motor exports from Malaysia.

From 2012 to 2022, the average annual rate of growth in terms of value to Myanmar stood at +113.8%.

Export Prices by Country

In 2022, the average non-electric motor handtools export price amounted to $X per unit, picking up by 12% against the previous year. Overall, the export price posted a strong increase. The growth pace was the most rapid in 2019 an increase of 132%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +21.7% per year.

Non-Electric Motor Handtools Imports

Imports into Malaysia

In 2022, the amount of handtools, hydraulic or with a self-contained non-electric motor imported into Malaysia fell sharply to X units, reducing by -17.3% compared with 2021 figures. In general, imports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 65% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then contracted notably in the following year.

In value terms, non-electric motor handtools imports fell notably to $X in 2022. Over the period under review, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 63%. As a result, imports reached the peak of $X, and then dropped remarkably in the following year.

Imports by Country

In 2022, Myanmar (X units) was the main non-electric motor handtools supplier to Malaysia, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Myanmar amounted to +379.6%.

In value terms, Myanmar ($X) constituted the largest supplier of handtools, hydraulic or with a self-contained non-electric motor to Malaysia.

From 2012 to 2022, the average annual growth rate of value from Myanmar stood at +366.3%.

Import Prices by Country

In 2022, the average non-electric motor handtools import price amounted to $X per unit, with a decrease of -2.4% against the previous year. In general, the import price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when the average import price increased by 8.1%. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 Taiwan (Chinese) amounted to -0.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for handtools, hydraulic or with a self-contained non-electric motor in the world?

China remains the largest non-electric motor handtools consuming country worldwide, accounting for 39% of total volume. Moreover, non-electric motor handtools consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. India ranked third in terms of total consumption with a 7.3% share.

What are the largest producers of handtools, hydraulic or with a self-contained non-electric motor in the world?

The country with the largest volume of non-electric motor handtools production was China, accounting for 55% of total volume. Moreover, non-electric motor handtools production in China exceeded the figures recorded by the second-largest producer, India, sevenfold. The United States ranked third in terms of total production with a 6.7% share.

What are the leading suppliers of handtools, hydraulic or with a self-contained non-electric motor to Malaysia?

In value terms, China constituted the largest supplier of non-electric motor handtools to Malaysia, comprising 80% of total imports. The second position in the ranking was occupied by Japan, with a 7.2% share of total imports. It was followed by Germany, with a 2.4% share.

What are the leading importers of handtools, hydraulic or with a self-contained non-electric motor from Malaysia?

In value terms, the largest markets for non-electric motor handtools exported from Malaysia were China, the Netherlands and Thailand, together accounting for 46% of total exports. These countries were followed by Indonesia, South Africa, Singapore, South Korea, the UK, the United States and the United Arab Emirates, which together accounted for a further 39%.

What is the average export price for handtools, hydraulic or with a self-contained non-electric motor in Malaysia?

In 2021, the average non-electric motor handtools export price amounted to $38,386 per ton, with an increase of 10% against the previous year.

What is the average import price for handtools, hydraulic or with a self-contained non-electric motor in Malaysia?

In 2021, the average non-electric motor handtools import price amounted to $26,702 per ton, rising by 3% against the previous year.

This report provides an in-depth analysis of the non-electric motor handtools market 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 28241280 - Handtools, hydraulic or with a self-contained non-electric motor (excluding chainsaws)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023