Malaysia: Market for Plastic Doors, Windows And Their Frames 2024

Market Size for Plastic Doors, Windows And Their Frames in Malaysia

The Malaysian plastic doors and windows market expanded to $X in 2022, rising by 2.1% against the previous year. Overall, consumption, however, posted a resilient increase. Plastic doors and windows consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Plastic Doors, Windows And Their Frames in Malaysia

In value terms, plastic doors and windows production expanded to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a prominent increase. The growth pace was the most rapid in 2013 when the production volume increased by 31%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Plastic Doors, Windows And Their Frames

Exports from Malaysia

In 2022, overseas shipments of plastic doors, windows and their frames were finally on the rise to reach X units after two years of decline. In general, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2016 with an increase of 41% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, plastic doors and windows exports expanded markedly to $X in 2022. Overall, exports, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2016 with an increase of 51% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Singapore (X units) was the main destination for plastic doors and windows exports from Malaysia, with a 70% share of total exports. Moreover, plastic doors and windows exports to Singapore exceeded the volume sent to the second major destination, Indonesia (X units), sevenfold. The third position in this ranking was taken by Oman (X units), with a 6.3% share.

From 2012 to 2022, the average annual growth rate of volume to Singapore stood at +8.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (-14.0% per year) and Oman (-3.4% per year).

In value terms, Singapore ($X) remains the key foreign market for plastic doors, windows and their frames exports from Malaysia, comprising 69% of total exports. The second position in the ranking was taken by Australia ($X), with an 11% share of total exports. It was followed by Indonesia, with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore stood at +6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+53.7% per year) and Indonesia (-10.5% per year).

Export Prices by Country

The average plastic doors and windows export price stood at $X per unit in 2022, with an increase of 6.7% against the previous year. In general, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +7.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic doors and windows export price decreased by -5.4% against 2020 indices. The pace of growth appeared the most rapid in 2013 an increase of 47%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Oman ($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 Australia (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Doors, Windows And Their Frames

Imports into Malaysia

In 2022, purchases abroad of plastic doors, windows and their frames was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2018 with an increase of 38% against the previous year. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, plastic doors and windows imports dropped to $X in 2022. Over the period under review, imports, however, saw a deep slump. The most prominent rate of growth was recorded in 2014 when imports increased by 25% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Vietnam (X units) and Taiwan (Chinese) (X units) were the main suppliers of plastic doors and windows imports to Malaysia, together accounting for 95% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of +53.2%), while imports for the other leaders experienced a decline.

In value terms, China ($X) constituted the largest supplier of plastic doors, windows and their frames to Malaysia, comprising 70% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 14% share of total imports. It was followed by Taiwan (Chinese), with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled -6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-5.4% per year) and Taiwan (Chinese) (+35.4% per year).

Import Prices by Country

The average plastic doors and windows import price stood at $X per unit in 2022, with a decrease of -29.2% against the previous year. Overall, the import price recorded a perceptible decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by 100% against the previous year. As a result, import price attained the peak level of $X per unit, and then shrank remarkably in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+25.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :