Malaysia: Metal Gas Appliances Market 2025

Metal Gas Appliances Market Size in Malaysia

The Malaysian metal gas appliances market stood at $X in 2022, flattening at the previous year. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Metal Gas Appliances Production in Malaysia

In value terms, metal gas appliances production stood at $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 36% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Metal Gas Appliances Exports

Exports from Malaysia

In 2022, the amount of iron or steel gas domestic appliances exported from Malaysia shrank sharply to X units, with a decrease of -49.9% on 2021 figures. In general, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 411% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal gas appliances exports reduced notably to $X in 2022. Over the period under review, exports showed a precipitous shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 392% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Vietnam (X units) was the main destination for metal gas appliances exports from Malaysia, accounting for a 46% share of total exports. Moreover, metal gas appliances exports to Vietnam exceeded the volume sent to the second major destination, Fiji (X units), threefold. Brunei Darussalam (X units) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Vietnam totaled -22.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (+12.6% per year) and Brunei Darussalam (-15.0% per year).

In value terms, Vietnam ($X) remains the key foreign market for iron or steel gas domestic appliances exports from Malaysia, comprising 74% of total exports. The second position in the ranking was taken by Brunei Darussalam ($X), with a 6.9% share of total exports. It was followed by Taiwan (Chinese), with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Vietnam totaled -20.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brunei Darussalam (-13.1% per year) and Taiwan (Chinese) (-21.3% per year).

Export Prices by Country

In 2022, the average metal gas appliances export price amounted to $X per unit, jumping by 20% against the previous year. In general, the export price, however, recorded a noticeable slump. The pace of growth was the most pronounced in 2016 when the average export price increased by 50%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while the average price for exports to Australia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+2.6%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Gas Appliances Imports

Imports into Malaysia

In 2022, overseas purchases of iron or steel gas domestic appliances decreased by -12.3% to X units, falling for the second year in a row after two years of growth. In general, imports saw a abrupt decrease. The growth pace was the most rapid in 2015 with an increase of 175% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, metal gas appliances imports skyrocketed to $X in 2022. Overall, imports, however, recorded a strong expansion. The pace of growth was the most pronounced in 2013 when imports increased by 167% against the previous year. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of metal gas appliances to Malaysia, accounting for a 65% share of total imports. Moreover, metal gas appliances imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X units), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+30.5% per year) and Thailand (+11.8% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel gas domestic appliances to Malaysia, comprising 79% of total imports. The second position in the ranking was held by Indonesia ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +16.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+35.2% per year) and Thailand (+14.5% per year).

Import Prices by Country

In 2022, the average metal gas appliances import price amounted to $X per unit, with an increase of 46% against the previous year. Over the period under review, the import price recorded significant growth. The growth pace was the most rapid in 2016 an increase of 73%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+28.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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