Malaysia: Assembled Parquet Panels Market 2025

Assembled Parquet Panels Market Size in Malaysia

The Malaysian assembled parquet panels market dropped significantly to $X in 2021, shrinking by -19.9% against the previous year. Over the period under review, the total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +29.1% against 2019 indices. As a result, consumption attained the peak level of $X, and then contracted remarkably in the following year.

Assembled Parquet Panels Production in Malaysia

In value terms, assembled parquet panels production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.8% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 38%. As a result, production attained the peak level of $X, and then shrank in the following year.

Assembled Parquet Panels Exports

Exports from Malaysia

In 2021, approx. X tons of assembled parquet panels were exported from Malaysia; increasing by 4.4% on the previous year. Over the period under review, exports, however, continue to indicate a slight decrease. The pace of growth was the most pronounced in 2014 with an increase of 27% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, assembled parquet panels exports expanded significantly to $X in 2021. Overall, total exports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +20.0% against 2018 indices. The most prominent rate of growth was recorded in 2014 with an increase of 41%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons), Australia (X tons) and Belgium (X tons) were the main destinations of assembled parquet panels exports from Malaysia, with a combined 48% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +34.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for assembled parquet panels exported from Malaysia were the United States ($X), Australia ($X) and Belgium ($X), together comprising 47% of total exports. These countries were followed by Norway, New Zealand, Sweden, Denmark, China, Germany, Japan, the UK, Vietnam and Thailand, which together accounted for a further 26%.

Sweden, with a CAGR of +23.3%, saw the highest rates of growth with regard to 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

The average assembled parquet panels export price stood at $X per ton in 2021, with an increase of 4.5% against the previous year. Over the last nine years, it increased at an average annual rate of +4.2%. The growth pace was the most rapid in 2013 when the average export price increased by 12% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was China ($X per ton), while the average price for exports to Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.

Assembled Parquet Panels Imports

Imports into Malaysia

For the third consecutive year, Malaysia recorded growth in purchases abroad of assembled parquet panels, which increased by 9.2% to X tons in 2021. Overall, total imports indicated temperate growth from 2012 to 2021: its volume increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +41.0% against 2018 indices. The pace of growth was the most pronounced in 2013 when imports increased by 42%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, assembled parquet panels imports rose rapidly to $X in 2021. In general, total imports indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +33.1% against 2018 indices. The pace of growth was the most pronounced in 2013 when imports increased by 61% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of assembled parquet panels to Malaysia, accounting for a 59% share of total imports. Moreover, assembled parquet panels imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), threefold. Indonesia (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+42.9% per year) and Indonesia (-9.1% per year).

In value terms, China ($X) constituted the largest supplier of assembled parquet panels to Malaysia, comprising 56% of total imports. The second position in the ranking was taken by Indonesia ($X), with a 13% share of total imports. It was followed by Vietnam, with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +10.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-5.1% per year) and Vietnam (+39.0% per year).

Import Prices by Country

In 2021, the average assembled parquet panels import price amounted to $X per ton, approximately reflecting the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 18%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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