Malaysia: Horizontal Machining Centre Market 2025

Horizontal Machining Centre Market Size in Malaysia

The Malaysian horizontal machining centre market was finally on the rise to reach $X in 2021, after two years of decline. Overall, the total consumption indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Horizontal Machining Centre Exports

Exports from Malaysia

In 2021, the amount of horizontal machining centres for working metal exported from Malaysia skyrocketed to X units, jumping by 123% on 2020. Overall, exports recorded resilient growth. The pace of growth was the most pronounced in 2018 when exports increased by 136%. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, horizontal machining centre exports surged to $X in 2021. In general, exports, however, showed a noticeable curtailment. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Singapore (X units), India (X units) and Saudi Arabia (X units) were the main destinations of horizontal machining centre exports from Malaysia, together accounting for 66% of total exports. These countries were followed by Hong Kong SAR, China, Japan, Germany, Pakistan, Turkey, the Philippines, Indonesia, the United States and Thailand, which together accounted for a further 29%.

From 2012 to 2021, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +51.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Saudi Arabia ($X) and India ($X) were the largest markets for horizontal machining centre exported from Malaysia worldwide, together accounting for 71% of total exports.

Among the main countries of destination, Saudi Arabia, with a CAGR of +36.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average horizontal machining centre export price amounted to $X per unit, with an increase of 5.8% against the previous year. Over the period under review, the export price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 59%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Pakistan ($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 Germany (+5.9%), while the prices for the other major destinations experienced a decline.

Horizontal Machining Centre Imports

Imports into Malaysia

In 2021, purchases abroad of horizontal machining centres for working metal was finally on the rise to reach X units for the first time since 2016, thus ending a four-year declining trend. In general, total imports indicated pronounced growth from 2012 to 2021: its volume increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, horizontal machining centre imports soared to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Japan (X units), Taiwan (Chinese) (X units) and China (X units) were the main suppliers of horizontal machining centre imports to Malaysia, with a combined 81% share of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +17.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Taiwan (Chinese) ($X) and China ($X) constituted the largest horizontal machining centre suppliers to Malaysia, with a combined 78% share of total imports.

In terms of the main suppliers, China, with a CAGR of +15.7%, saw 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 horizontal machining centre import price stood at $X per unit in 2021, with a decrease of -3.6% against the previous year. Overall, the import price recorded a slight reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 72% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+606.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :