Report Update Nov 1, 2024

Malaysia - Invalid Carriages Motorised or Mechanically Propelled - Market Analysis, Forecast, Size, Trends and Insights

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Malaysia: Motorised Invalid Carriage Market 2024

Motorised Invalid Carriage Market Size in Malaysia

In 2021, the Malaysian motorised invalid carriage market increased by 19% to $X for the first time since 2017, thus ending a three-year declining trend. Overall, the total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Motorised invalid carriage consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Motorised Invalid Carriage Exports

Exports from Malaysia

In 2021, after two years of decline, there was significant growth in shipments abroad of invalid carriages motorised or mechanically propelled, when their volume increased by 67% to X units. Overall, exports showed a tangible increase. The growth pace was the most rapid in 2014 with an increase of 310%. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, motorised invalid carriage exports skyrocketed to $X in 2021. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2017 with an increase of 419% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Canada (X units) was the main destination for motorised invalid carriage exports from Malaysia, accounting for a 37% share of total exports. Moreover, motorised invalid carriage exports to Canada exceeded the volume sent to the second major destination, Sweden (X units), threefold. Pakistan (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada amounted to +104.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+21.1% per year) and Pakistan (+24.1% per year).

In value terms, Canada ($X), Singapore ($X) and Sweden ($X) constituted the largest markets for motorised invalid carriage exported from Malaysia worldwide, with a combined 54% share of total exports.

In terms of the main countries of destination, Canada, with a CAGR of +79.5%, 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

The average motorised invalid carriage export price stood at $X per unit in 2021, picking up by 28% against the previous year. Over the period under review, the export price posted a resilient expansion. The growth pace was the most rapid in 2020 an increase of 84% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Pakistan ($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 Australia (+55.6%), while the prices for the other major destinations experienced more modest paces of growth.

Motorised Invalid Carriage Imports

Imports into Malaysia

In 2021, the amount of invalid carriages motorised or mechanically propelled imported into Malaysia surged to X units, with an increase of 19% against the previous year. In general, imports enjoyed a strong expansion. The growth pace was the most rapid in 2013 with an increase of 72% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, motorised invalid carriage imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a slight setback. The pace of growth was the most pronounced in 2017 when imports increased by 59% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) was the main supplier of motorised invalid carriage to Malaysia, with a 97% share of total imports. It was followed by Taiwan (Chinese) (X units), with a 1.8% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China stood at +16.5%.

In value terms, China ($X) constituted the largest supplier of invalid carriages motorised or mechanically propelled to Malaysia, comprising 74% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 15% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China was relatively modest.

Import Prices by Country

The average motorised invalid carriage import price stood at $X per unit in 2021, stabilizing at the previous year. Overall, the import price, however, faced a abrupt descent. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-4.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for invalid carriages motorised or mechanically propelled in the world?

South Africa remains the largest motorised invalid carriage consuming country worldwide, comprising approx. 47% of total volume. Moreover, motorised invalid carriage consumption in South Africa exceeded the figures recorded by the second-largest consumer, China, threefold. The United States ranked third in terms of total consumption with a 7% share.

What are the largest producers of invalid carriages motorised or mechanically propelled in the world?

China constituted the country with the largest volume of motorised invalid carriage production, accounting for 57% of total volume. Moreover, motorised invalid carriage production in China exceeded the figures recorded by the second-largest producer, Taiwan Chinese), sevenfold. Japan ranked third in terms of total production with a 5.4% share.

What are the leading suppliers of invalid carriages motorised or mechanically propelled to Malaysia?

In value terms, China constituted the largest supplier of motorised invalid carriage to Malaysia, comprising 76% of total imports. The second position in the ranking was occupied by Taiwan Chinese), with a 16% share of total imports.

What are the leading importers of invalid carriages motorised or mechanically propelled from Malaysia?

In value terms, the UK remains the key foreign market for motorised invalid carriage exports from Malaysia, comprising 87% of total exports. The second position in the ranking was occupied by New Zealand, with a 4% share of total exports.

What is the average export price for invalid carriages motorised or mechanically propelled in Malaysia?

The average motorised invalid carriage export price stood at $741 per unit in 2021, increasing by 27% against the previous year.

What is the average import price for invalid carriages motorised or mechanically propelled in Malaysia?

In 2021, the average motorised invalid carriage import price amounted to $64 per unit, jumping by 15% against the previous year.

This report provides an in-depth analysis of the motorised invalid carriage 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 30922090 - Invalid carriages motorised or mechanically propelled

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