Malaysia: Metal Deburring Machine Market 2024

Metal Deburring Machine Market Size in Malaysia

The Malaysian metal deburring machine market surged to $X in 2021, rising by 38% 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). Overall, consumption, however, recorded a noticeable curtailment. Metal deburring machine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Metal Deburring Machine Exports

Exports from Malaysia

In 2021, approx. X units of machines for deburring or polishing metal were exported from Malaysia; falling by -35.2% on 2020. Over the period under review, exports, however, posted a strong expansion. The pace of growth was the most pronounced in 2014 with an increase of 511%. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, metal deburring machine exports reduced notably to $X in 2021. Overall, exports saw a noticeable contraction. The pace of growth appeared the most rapid in 2013 when exports increased by 323%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Colombia (X units) was the main destination for metal deburring machine exports from Malaysia, accounting for a 28% share of total exports. Moreover, metal deburring machine exports to Colombia exceeded the volume sent to the second major destination, Hong Kong SAR (X units), threefold. Suriname (X units) ranked third in terms of total exports with a 6.5% share.

From 2012 to 2021, the average annual growth rate of volume to Colombia amounted to +22.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+18.9% per year) and Suriname (+29.2% per year).

In value terms, the largest markets for metal deburring machine exported from Malaysia were the Netherlands ($X), China ($X) and Cambodia ($X), with a combined 57% share of total exports. These countries were followed by Thailand, the Philippines, Hong Kong SAR, the United Arab Emirates, Suriname, Colombia and Australia, which together accounted for a further 24%.

Among the main countries of destination, Colombia, with a CAGR of +55.7%, saw 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

In 2021, the average metal deburring machine export price amounted to $X per unit, waning by -29.5% against the previous year. Overall, the export price showed a abrupt contraction. The pace of growth appeared the most rapid in 2015 an increase of 273% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Colombia ($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 the Philippines (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Deburring Machine Imports

Imports into Malaysia

After two years of decline, purchases abroad of machines for deburring or polishing metal increased by 57% to X units in 2021. Overall, imports, however, recorded a noticeable decline. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, metal deburring machine imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a perceptible downturn. The growth pace was the most rapid in 2016 when imports increased by 85% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Japan (X units), Canada (X units) and Taiwan (Chinese) (X units) were the main suppliers of metal deburring machine imports to Malaysia, with a combined 64% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada (with a CAGR of +45.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constituted the largest supplier of machines for deburring or polishing metal to Malaysia, comprising 49% of total imports. The second position in the ranking was held by Canada ($X), with a 14% share of total imports. It was followed by China, with a 7.9% share.

From 2012 to 2021, the average annual growth rate of value from Japan totaled -2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+44.9% per year) and China (-5.6% per year).

Import Prices by Country

The average metal deburring machine import price stood at $X per unit in 2021, declining by -18.7% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 61% against the previous year. As a result, import price attained the peak level of $X per unit, and then fell rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Japan ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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