Malaysia: Market for Parts Of Apparatus Of Hs 2025

Market Size for Parts Of Apparatus Of Hs in Malaysia

In 2021, the Malaysian market for parts of apparatus of hs increased by 30% to $X, rising for the second year in a row after three years of decline. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Production of Parts Of Apparatus Of Hs in Malaysia

In value terms, parts of apparatus of hs production expanded slightly to $X in 2021 estimated in export price. Overall, production showed resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of 101% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Parts Of Apparatus Of Hs

Exports from Malaysia

In 2021, overseas shipments of parts of apparatus of hs decreased by -5.8% to X units, falling for the second year in a row after four years of growth. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 726%. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, parts of apparatus of hs exports soared to $X in 2021. Over the period under review, exports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 37% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), China (X units) and Hong Kong SAR (X units) were the main destinations of parts of apparatus of hs exports from Malaysia, together accounting for 49% of total exports. These countries were followed by Vietnam, Belgium, Singapore, Poland, Slovenia, Japan, the Netherlands, Mexico, Italy and Thailand, which together accounted for a further 44%.

From 2012 to 2021, the biggest increases were recorded for Slovenia (with a CAGR of +164.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for parts of apparatus of hs exported from Malaysia were the United States ($X), Hong Kong SAR ($X) and China ($X), with a combined 58% share of total exports. The Netherlands, Japan, Belgium, Singapore, Vietnam, Slovenia, Mexico, Poland, Thailand and Italy lagged somewhat behind, together comprising a further 27%.

Slovenia, with a CAGR of +108.8%, 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

The average export price for parts of apparatus of hs stood at $X per unit in 2021, jumping by 22% against the previous year. Over the period under review, the export price, however, showed a deep slump. The pace of growth appeared the most rapid in 2015 when the average export price increased by 53%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to Italy ($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 Poland (+1.0%), while the prices for the other major destinations experienced a decline.

Imports of Parts Of Apparatus Of Hs

Imports into Malaysia

In 2021, parts of apparatus of hs imports into Malaysia expanded remarkably to X units, increasing by 12% compared with the previous year's figure. Overall, imports, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2017 when imports increased by 51% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, parts of apparatus of hs imports rose markedly to $X in 2021. Over the period under review, imports, however, showed a mild slump. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest parts of apparatus of hs supplier to Malaysia, accounting for a 78% share of total imports. Moreover, parts of apparatus of hs imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), tenfold. Thailand (X units) ranked third in terms of total imports with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+24.9% per year) and Thailand (+24.2% per year).

In value terms, China ($X) constituted the largest supplier of parts of apparatus of hs to Malaysia, comprising 67% of total imports. The second position in the ranking was taken by Thailand ($X), with a 12% share of total imports. It was followed by Japan, with a 3.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +14.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+26.7% per year) and Japan (+13.8% per year).

Import Prices by Country

The average import price for parts of apparatus of hs stood at $X per unit in 2021, rising by 2.7% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, parts of apparatus of hs import price increased by +4.3% against 2019 indices. The pace of growth appeared the most rapid in 2016 when the average import price increased by 53%. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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