Malaysia: Fruit-Preparation Industrial Machinery Market 2024

Fruit-Preparation Industrial Machinery Market Size in Malaysia

The Malaysian fruit-preparation industrial machinery market surged to $X in 2021, rising by 39% 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). Over the period under review, consumption enjoyed buoyant growth. Fruit-preparation industrial machinery consumption peaked in 2021 and is expected to retain growth in the immediate term.

Fruit-Preparation Industrial Machinery Exports

Exports from Malaysia

In 2021, overseas shipments of industrial machinery for the preparation of fruits, nuts or vegetables increased by 48% to X units, rising for the fourth consecutive year after five years of decline. Overall, exports, however, recorded a abrupt contraction. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, fruit-preparation industrial machinery exports declined rapidly to $X in 2021. Over the period under review, exports, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2018 when exports increased by 109%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Cote d'Ivoire (X units), Solomon Islands (X units) and Oman (X units) were the main destinations of fruit-preparation industrial machinery exports from Malaysia, together accounting for 65% of total exports.

From 2012 to 2021, the biggest increases were recorded for Solomon Islands (with a CAGR of +16.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($X) remains the key foreign market for industrial machinery for the preparation of fruits, nuts or vegetables exports from Malaysia, comprising 11% of total exports. The second position in the ranking was taken by Oman ($X), with a 3.3% share of total exports. It was followed by Nigeria, with a 2.2% share.

From 2012 to 2021, the average annual growth rate of value to Cote d'Ivoire stood at +27.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+56.4% per year) and Nigeria (+15.4% per year).

Export Prices by Country

In 2021, the average fruit-preparation industrial machinery export price amounted to $X per unit, falling by -44.9% against the previous year. Over the period under review, the export price, however, saw resilient growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 99%. The export price peaked at $X per unit in 2020, and then dropped markedly in the following year.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Oman ($X per unit), while the average price for exports to Canada ($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 Oman (+56.4%), while the prices for the other major destinations experienced more modest paces of growth.

Fruit-Preparation Industrial Machinery Imports

Imports into Malaysia

Fruit-preparation industrial machinery imports into Malaysia soared to X units in 2021, rising by 21% on the year before. Overall, imports recorded a buoyant increase. The growth pace was the most rapid in 2019 when imports increased by 47% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, fruit-preparation industrial machinery imports soared to $X in 2021. In general, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2019 when imports increased by 67% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, China (X units) constituted the largest fruit-preparation industrial machinery supplier to Malaysia, accounting for a 78% share of total imports. Moreover, fruit-preparation industrial machinery imports from China exceeded the figures recorded by the second-largest supplier, India (X units), ninefold. The third position in this ranking was held by Taiwan (Chinese) (X units), with a 7% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +14.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+51.4% per year) and Taiwan (Chinese) (+4.5% per year).

In value terms, China ($X) constituted the largest supplier of industrial machinery for the preparation of fruits, nuts or vegetables to Malaysia, comprising 38% of total imports. The second position in the ranking was taken by India ($X), with a 13% share of total imports. It was followed by Taiwan (Chinese), with an 8% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+37.2% per year) and Taiwan (Chinese) (+5.4% per year).

Import Prices by Country

The average fruit-preparation industrial machinery import price stood at $X per unit in 2021, picking up by 30% against the previous year. Overall, the import price, however, recorded a noticeable decrease. The growth pace was the most rapid in 2014 an increase of 32%. Over the period under review, average import prices attained the maximum at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+44.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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