Malaysia: Market for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids 2024

Market Size for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in Malaysia

The Malaysian market for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids rose significantly to $X in 2022, with an increase of 13% 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). Over the period under review, consumption saw a relatively flat trend pattern. Consumption of peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Exports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Exports from Malaysia

In 2022, the amount of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids exported from Malaysia fell to X units, with a decrease of -7% compared with the previous year. Overall, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of 43%. Over the period under review, the exports of attained the maximum at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids dropped to $X in 2022. In general, exports showed a abrupt descent. The pace of growth was the most pronounced in 2018 when exports increased by 71%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Australia (X units), Thailand (X units) and Singapore (X units) were the main destinations of exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from Malaysia, together accounting for 78% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia (with a CAGR of +15.5%), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Thailand ($X) and Singapore ($X) constituted the largest markets for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids exported from Malaysia worldwide, with a combined 46% share of total exports. The United States, Indonesia, Russia, New Zealand and the UK lagged somewhat behind, together accounting for a further 23%.

In terms of the main countries of destination, New Zealand, with a CAGR of +30.9%, 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

The average export price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids stood at $X per unit in 2022, surging by 7.2% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 155%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Indonesia ($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 Russia (+26.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Imports into Malaysia

Imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids into Malaysia soared to X units in 2022, surging by 20% on the previous year. Over the period under review, total imports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 71%. Over the period under review, imports of attained the peak figure at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids shrank to $X in 2022. In general, imports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 24%. Over the period under review, imports of reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids supplier to Malaysia, accounting for a 82% share of total imports. Moreover, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from China exceeded the figures recorded by the second-largest supplier, Japan (X units), more than tenfold. The third position in this ranking was held by Singapore (X units), with a 2.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-6.5% per year) and Singapore (-9.9% per year).

In value terms, China ($X) constituted the largest supplier of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to Malaysia, comprising 68% of total imports. The second position in the ranking was held by Japan ($X), with a 3% share of total imports. It was followed by Singapore, with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled -3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-18.9% per year) and Singapore (-10.4% per year).

Import Prices by Country

In 2022, the average import price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids amounted to $X per unit, dropping by -24.8% against the previous year. Over the period under review, the import price recorded a abrupt slump. The growth pace was the most rapid in 2021 when the average import price increased by 62%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Italy ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+25.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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