Malaysia: Photo-Copying Apparatus Market 2024

Photo-Copying Apparatus Market Size in Malaysia

The Malaysian photo-copying apparatus market surged to $X in 2022, growing by 17% against the previous year. In general, consumption showed a significant expansion. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the near future.

Photo-Copying Apparatus Production in Malaysia

In value terms, photo-copying apparatus production contracted to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 33% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Photo-Copying Apparatus Exports

Exports from Malaysia

Photo-copying apparatus exports from Malaysia fell markedly to X units in 2022, with a decrease of -35.5% compared with the previous year's figure. Overall, exports recorded a deep setback. The pace of growth was the most pronounced in 2014 with an increase of 100%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, photo-copying apparatus exports rose significantly to $X in 2022. In general, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2014 with an increase of 102% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Singapore (X units) was the main destination for photo-copying apparatus exports from Malaysia, with a 40% share of total exports. Moreover, photo-copying apparatus exports to Singapore exceeded the volume sent to the second major destination, Japan (X units), twofold. The third position in this ranking was held by Vietnam (X units), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore amounted to -4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+0.9% per year) and Vietnam (+96.5% per year).

In value terms, Japan ($X) emerged as the key foreign market for photo-copying apparatus exports from Malaysia, comprising 50% of total exports. The second position in the ranking was taken by Singapore ($X), with a 10% share of total exports. It was followed by the Netherlands, with a 5.5% share.

From 2012 to 2022, the average annual growth rate of value to Japan amounted to +8.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (-8.2% per year) and the Netherlands (-8.3% per year).

Export Prices by Country

In 2022, the average photo-copying apparatus export price amounted to $X per unit, picking up by 78% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Singapore ($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 Germany (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Photo-Copying Apparatus Imports

Imports into Malaysia

In 2022, purchases abroad of photo-copying apparatus decreased by -23.1% to X units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2015 when imports increased by 221% against the previous year. Imports peaked at X units in 2021, and then reduced sharply in the following year.

In value terms, photo-copying apparatus imports shrank remarkably to $X in 2022. Over the period under review, imports, however, continue to indicate strong growth. The growth pace was the most rapid in 2015 when imports increased by 218%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Singapore (X units), Vietnam (X units) and China (X units) were the main suppliers of photo-copying apparatus imports to Malaysia, with a combined 67% share of total imports. South Korea, the United States, Thailand, Japan, Taiwan (Chinese) and Hong Kong SAR lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +49.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Singapore ($X) and Vietnam ($X) constituted the largest photo-copying apparatus suppliers to Malaysia, together accounting for 59% of total imports. South Korea, Taiwan (Chinese), Thailand, the United States, Japan and Hong Kong SAR lagged somewhat behind, together comprising a further 24%.

South Korea, with a CAGR of +40.9%, recorded the highest rates of growth with regard to 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

The average photo-copying apparatus import price stood at $X per unit in 2022, growing by 10% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 78% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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