Malaysia: Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Exports

Exports from Malaysia

In 2022, the amount of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate exported from Malaysia shrank rapidly to X units, which is down by -36.5% against the previous year. In general, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 270% against the previous year. Over the period under review, the exports attained the maximum at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, confectionery-making industrial machinery exports fell sharply to $X in 2022. Over the period under review, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 308% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X units) was the main destination for confectionery-making industrial machinery exports from Malaysia, with a 76% share of total exports. Moreover, confectionery-making industrial machinery exports to Indonesia exceeded the volume sent to the second major destination, India (X units), sixfold. Nigeria (X units) ranked third in terms of total exports with a 5.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Indonesia amounted to +10.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+18.6% per year) and Nigeria (-4.6% per year).

In value terms, Indonesia ($X) remains the key foreign market for industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate exports from Malaysia, comprising 77% of total exports. The second position in the ranking was taken by India ($X), with an 11% share of total exports. It was followed by Nigeria, with a 6.5% share.

From 2012 to 2022, the average annual growth rate of value to Indonesia stood at +14.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+19.6% per year) and Nigeria (-0.5% per year).

Export Prices by Country

In 2022, the average confectionery-making industrial machinery export price amounted to $X per unit, declining by -2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 15% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then shrank in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Nigeria ($X per unit) and Singapore ($X per unit), while the average price for exports to India ($X per unit) and Indonesia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Confectionery-Making Industrial Machinery Imports

Imports into Malaysia

In 2022, overseas purchases of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate were finally on the rise to reach X units after three years of decline. In general, imports, however, saw a deep slump. The pace of growth was the most pronounced in 2018 with an increase of 255% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, confectionery-making industrial machinery imports rose remarkably to $X in 2022. Overall, imports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 283% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X units) constituted the largest confectionery-making industrial machinery supplier to Malaysia, with a 40% share of total imports. Moreover, confectionery-making industrial machinery imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. China (X units) ranked third in terms of total imports with a 16% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands totaled -1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-18.6% per year) and China (-13.2% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate to Malaysia, comprising 39% of total imports. The second position in the ranking was held by Germany ($X), with a 17% share of total imports. It was followed by China, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-16.5% per year) and China (-11.9% per year).

Import Prices by Country

In 2022, the average confectionery-making industrial machinery import price amounted to $X per unit, dropping by -3.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2014 when the average import price increased by 11%. Over the period under review, average import prices reached the maximum at $X per unit in 2021, and then reduced modestly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($X per unit) and Italy ($X per unit), while the price for Singapore ($X per unit) and Spain ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :