Malaysia: Metal Advertising Sign Market 2021

Metal Advertising Sign Market Size in Malaysia

For the third year in a row, the Malaysian metal advertising sign market recorded decline in sales value, which decreased by -X% to $X in 2020. In general, consumption, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. From 2016 to 2020, the growth of the market remained at a lower figure.

Metal Advertising Sign Production in Malaysia

In value terms, metal advertising sign production fell to $X in 2020 estimated in export prices. Overall, production, however, recorded mild growth. The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2020, production growth remained at a lower figure.

Metal Advertising Sign Exports

Exports from Malaysia

In 2020, overseas shipments of metal advertising signs decreased by -X% to X tons for the first time since 2015, thus ending a four-year rising trend. Overall, exports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, exports hit record highs at X tons in 2019, and then shrank notably in the following year.

In value terms, metal advertising sign exports contracted notably to $X in 2020. Over the period under review, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at $X in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for metal advertising sign exports from Malaysia, with a X% share of total exports. Moreover, metal advertising sign exports to China exceeded the volume sent to the second major destination, Thailand (X tons), ninefold.

From 2007 to 2020, the average annual growth rate of volume to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+X% per year) and Singapore (-X% per year).

In value terms, China ($X) remains the key foreign market for metal advertising sign exports from Malaysia, comprising X% of total exports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+X% per year) and Singapore (-X% per year).

Export Prices by Country

In 2020, the average metal advertising sign export price amounted to $X per ton, dropping by -X% against the previous year. Over the period under review, the export price recorded a mild reduction. The pace of growth was the most pronounced in 2013 an increase of X% year-to-year. The export price peaked at $X per ton in 2015; however, from 2016 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Singapore ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Singapore, while the prices for the other major destinations experienced mixed trend patterns.

Metal Advertising Sign Imports

Imports into Malaysia

In 2020, overseas purchases of metal advertising signs decreased by -X% to X tons, falling for the second year in a row after three years of growth. Over the period under review, imports, however, showed a strong increase. The pace of growth appeared the most rapid in 2011 when imports increased by X% year-to-year. Imports peaked at X tons in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, metal advertising sign imports contracted significantly to $X in 2020. Overall, total imports indicated a pronounced increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

China (X tons), Hong Kong SAR (X tons) and Singapore (X tons) were the main suppliers of metal advertising sign imports to Malaysia, with a combined X% share of total imports. These countries were followed by Taiwan (Chinese), Japan, Thailand and the U.S., which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal advertising sign suppliers to Malaysia were China ($X), Hong Kong SAR ($X) and Singapore ($X), with a combined X% share of total imports. Japan, the U.S., Taiwan (Chinese) and Thailand lagged somewhat behind, together accounting for a further X saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average metal advertising sign import price amounted to $X per ton, declining by -X% against the previous year. Overall, the import price saw a deep slump. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2007; however, from 2008 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Japan ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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