Malaysia: Mounted Piezo-Electric Crystals Market 2024

Mounted Piezo-Electric Crystals Market Size in Malaysia

In 2021, the Malaysian mounted piezo-electric crystals market increased by 228% to $X, rising for the fifth year in a row after two years of decline. In general, consumption continues to indicate a strong increase. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Mounted Piezo-Electric Crystals Production in Malaysia

In value terms, mounted piezo-electric crystals production stood at $X in 2021 estimated in export price. Overall, production continues to indicate a deep setback. The growth pace was the most rapid in 2017 with an increase of 23%. Mounted piezo-electric crystals production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Mounted Piezo-Electric Crystals Exports

Exports from Malaysia

Mounted piezo-electric crystals exports from Malaysia reached X units in 2021, growing by 8.3% compared with 2020 figures. Over the period under review, exports, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2014 when exports increased by 14%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, mounted piezo-electric crystals exports rose rapidly to $X in 2021. In general, exports, however, showed a abrupt downturn. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X units), Taiwan (Chinese) (X units) and Japan (X units) were the main destinations of mounted piezo-electric crystals exports from Malaysia, with a combined 60% share of total exports. Singapore, the United States, Germany, South Korea, Thailand, China and India lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2021, the biggest increases were in the United States (with a CAGR of +13.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), Taiwan (Chinese) ($X) and Japan ($X) were the largest markets for mounted piezo-electric crystals exported from Malaysia worldwide, together accounting for 47% of total exports. China, the United States, Thailand, Singapore, Germany, South Korea and India lagged somewhat behind, together accounting for a further 45%.

The United States, with a CAGR of +9.7%, saw the highest growth rate of the value of exports, in terms of the main countries of destination 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 mounted piezo-electric crystals export price amounted to $X per unit, growing by 2.2% against the previous year. Overall, the export price, however, continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2017 an increase of 8.9% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was China ($X per unit), while the average price for exports to Taiwan (Chinese) ($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 Thailand (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Mounted Piezo-Electric Crystals Imports

Imports into Malaysia

In 2021, purchases abroad of mounted piezo-electric crystals increased by 9.3% to X units, rising for the second consecutive year after five years of decline. Overall, imports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2020 with an increase of 102%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the near future.

In value terms, mounted piezo-electric crystals imports surged to $X in 2021. Over the period under review, imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2020 with an increase of 79% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

Japan (X units), China (X units) and Thailand (X units) were the main suppliers of mounted piezo-electric crystals imports to Malaysia, with a combined 80% share of total imports. These countries were followed by Singapore and Taiwan (Chinese), which together accounted for a further 17%.

From 2012 to 2021, the biggest increases were in Taiwan (Chinese) (with a CAGR of +10.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) constituted the largest supplier of mounted piezo-electric crystals to Malaysia, comprising 38% of total imports. The second position in the ranking was held by China ($X), with a 17% share of total imports. It was followed by Japan, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Singapore totaled +23.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+1.8% per year) and Japan (-2.3% per year).

Import Prices by Country

The average mounted piezo-electric crystals import price stood at $X per unit in 2021, growing by 38% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Singapore ($X per unit), while the price for Thailand (less than $X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+14.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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