Malaysia: Poultry-Keeping Machinery Market 2024

Poultry-Keeping Machinery Market Size in Malaysia

The Malaysian poultry-keeping machinery market reduced markedly to $X in 2022, which is down by -28.1% against the previous year. Overall, consumption showed a pronounced curtailment. As a result, consumption reached the peak level of $X, and then shrank remarkably in the following year.

Poultry-Keeping Machinery Production in Malaysia

In value terms, poultry-keeping machinery production rose rapidly to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 75%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Poultry-Keeping Machinery Exports

Exports from Malaysia

In 2022, approx. X units of poultry-keeping machinery were exported from Malaysia; rising by 22% on the previous year's figure. In general, exports posted resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of 47% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, poultry-keeping machinery exports surged to $X in 2022. Over the period under review, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 54% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Thailand (X units), Indonesia (X units) and Vietnam (X units) were the main destinations of poultry-keeping machinery exports from Malaysia, together accounting for 45% of total exports. Bangladesh, Japan, Germany, the Philippines, Taiwan (Chinese), New Zealand, India and Sri Lanka lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2022, the biggest increases were recorded for Sri Lanka (with a CAGR of +37.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for poultry-keeping machinery exported from Malaysia were Thailand ($X), Indonesia ($X) and Vietnam ($X), together comprising 46% of total exports. Bangladesh, Japan, Germany, the Philippines, Taiwan (Chinese), New Zealand, India and Sri Lanka lagged somewhat behind, together comprising a further 39%.

Sri Lanka, with a CAGR of +37.5%, 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 poultry-keeping machinery export price stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 9.3%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Japan ($X per unit) and the Philippines ($X per unit), while the average price for exports to Thailand ($X per unit) and Bangladesh ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+0.6%), while the prices for the other major destinations experienced more modest paces of growth.

Poultry-Keeping Machinery Imports

Imports into Malaysia

In 2022, imports of poultry-keeping machinery into Malaysia contracted to X units, dropping by -9.2% compared with 2021. Over the period under review, imports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2019 when imports increased by 155%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, poultry-keeping machinery imports dropped to $X in 2022. In general, imports, however, recorded a remarkable increase. The growth pace was the most rapid in 2019 when imports increased by 138% against the previous year. Imports peaked at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, China (X units) constituted the largest poultry-keeping machinery supplier to Malaysia, accounting for a 37% share of total imports. Moreover, poultry-keeping machinery imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. The third position in this ranking was held by Germany (X units), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +22.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+18.1% per year) and Germany (+27.4% per year).

In value terms, the largest poultry-keeping machinery suppliers to Malaysia were China ($X), the United States ($X) and South Africa ($X), together comprising 61% of total imports. Turkey, Germany, Belgium, France, Italy and the Netherlands lagged somewhat behind, together accounting for a further 33%.

In terms of the main suppliers, France, with a CAGR of +33.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average poultry-keeping machinery import price stood at $X per unit in 2022, which is down by -2.6% against the previous year. In general, the import price showed a slight descent. The pace of growth was the most pronounced in 2018 when the average import price increased by 13% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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