Malaysia: Market for Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases 2025

Market Size for Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases in Malaysia

The Malaysian market for non-electronic instruments for measuring or checking variables of liquids or gases shrank to $X in 2021, waning by -8% against the previous year. The market value increased at an average annual rate of +1.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Non-electronic liquid or gas measurer consumption peaked at $X in 2020, and then dropped in the following year.

Production of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases in Malaysia

In value terms, non-electronic liquid or gas measurer production reduced modestly to $X in 2021 estimated in export price. Over the period under review, the total production indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +66.7% against 2015 indices. The pace of growth was the most pronounced in 2016 with an increase of 23% against the previous year. Non-electronic liquid or gas measurer production peaked at $X in 2020, and then reduced modestly in the following year.

Exports of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases

Exports from Malaysia

In 2021, overseas shipments of non-electronic instruments for measuring or checking variables of liquids or gases were finally on the rise to reach X units after three years of decline. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 176%. Over the period under review, the exports attained the peak figure at X units in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, non-electronic liquid or gas measurer exports surged to $X in 2021. Over the period under review, exports saw a resilient expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 219% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for non-electronic liquid or gas measurer exports from Malaysia, with a 47% share of total exports. Moreover, non-electronic liquid or gas measurer exports to the United States exceeded the volume sent to the second major destination, Singapore (X units), twofold. The third position in this ranking was held by Thailand (X units), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +51.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+6.2% per year) and Thailand (+53.2% per year).

In value terms, Thailand ($X), China ($X) and Singapore ($X) constituted the largest markets for non-electronic liquid or gas measurer exported from Malaysia worldwide, with a combined 47% share of total exports. These countries were followed by the United States, Germany, Hong Kong SAR, Indonesia and Brunei Darussalam, which together accounted for a further 24%.

Germany, with a CAGR of +43.2%, saw the highest growth rate of the value of exports, among 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 export price for non-electronic instruments for measuring or checking variables of liquids or gases amounted to $X per unit, stabilizing at the previous year. Over the period under review, the export price, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 40% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was China ($X per unit), while the average price for exports to the United States ($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 China (+8.7%), while the prices for the other major destinations experienced a decline.

Imports of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases

Imports into Malaysia

In 2021, supplies from abroad of non-electronic instruments for measuring or checking variables of liquids or gases decreased by -10.9% to X units, falling for the third year in a row after two years of growth. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 78%. As a result, imports attained the peak of X units. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, non-electronic liquid or gas measurer imports dropped notably to $X in 2021. In general, imports recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 62%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest non-electronic liquid or gas measurer supplier to Malaysia, accounting for a 48% share of total imports. Moreover, non-electronic liquid or gas measurer imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X units), fourfold. India (X units) ranked third in terms of total imports with a 9.3% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +21.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (-6.1% per year) and India (+9.8% per year).

In value terms, India ($X), Singapore ($X) and Germany ($X) appeared to be the largest non-electronic liquid or gas measurer suppliers to Malaysia, together comprising 49% of total imports.

India, with a CAGR of +24.7%, 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 2021, the average import price for non-electronic instruments for measuring or checking variables of liquids or gases amounted to $X per unit, declining by -9.5% against the previous year. Over the period under review, the import price saw a noticeable slump. The most prominent rate of growth was recorded in 2014 an increase of 35%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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