Malaysia: Finishing Paper Machinery Market 2024

Finishing Paper Machinery Market Size in Malaysia

The Malaysian finishing paper machinery market soared to $X in 2021, increasing by 22% 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). In general, consumption recorded a relatively flat trend pattern. Finishing paper machinery consumption peaked in 2021 and is likely to see gradual growth in the near future.

Finishing Paper Machinery Exports

Exports from Malaysia

In 2021, overseas shipments of machinery for finishing paper or paperboard decreased by -22.2% to X units, falling for the third consecutive year after two years of growth. Overall, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2015 when exports increased by 380% against the previous year. Over the period under review, the exports attained the maximum at X units in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, finishing paper machinery exports shrank rapidly to $X in 2021. In general, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2015 with an increase of 345% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Cambodia (X units) was the main destination for finishing paper machinery exports from Malaysia, with a 43% share of total exports. Moreover, finishing paper machinery exports to Cambodia exceeded the volume sent to the second major destination, India (X units), threefold. Pakistan (X units) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to Cambodia amounted to +7.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (0.0% per year) and Pakistan (0.0% per year).

In value terms, Cambodia ($X) remains the key foreign market for machinery for finishing paper or paperboard exports from Malaysia, comprising 44% of total exports. The second position in the ranking was taken by India ($X), with a 17% share of total exports. It was followed by Taiwan (Chinese), with a 13% share.

From 2012 to 2021, the average annual growth rate of value to Cambodia totaled +27.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+20.7% per year) and Taiwan (Chinese) (+9.3% per year).

Export Prices by Country

In 2021, the average finishing paper machinery export price amounted to $X per unit, declining by -5.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2013 when the average export price increased by 25% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while the average price for exports to Pakistan ($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 Indonesia (+11.4%), while the prices for the other major destinations experienced mixed trend patterns.

Finishing Paper Machinery Imports

Imports into Malaysia

For the fifth consecutive year, Malaysia recorded growth in supplies from abroad of machinery for finishing paper or paperboard, which increased by 58% to X units in 2021. In general, imports recorded a prominent expansion. The growth pace was the most rapid in 2019 with an increase of 204% 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.

In value terms, finishing paper machinery imports stood at $X in 2021. Over the period under review, imports, however, continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2019 with an increase of 178% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest finishing paper machinery supplier to Malaysia, with a 76% share of total imports. Moreover, finishing paper machinery imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), sixfold. Germany (X units) ranked third in terms of total imports with a 4.2% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +24.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-5.8% per year) and Germany (-15.8% per year).

In value terms, China ($X) constituted the largest supplier of machinery for finishing paper or paperboard to Malaysia, comprising 54% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 20% share of total imports. It was followed by Japan, with a 7.1% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-8.9% per year) and Japan (+25.7% per year).

Import Prices by Country

In 2021, the average finishing paper machinery import price amounted to $X per unit, declining by -35.4% against the previous year. Over the period under review, the import price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when the average import price increased by 19%. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average import prices remained 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 Hong Kong SAR ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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