Malaysia: Printing Press Market 2024

Printing Press Market Size in Malaysia

The Malaysian printing press market soared to $X in 2022, surging by 65% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a mild increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Printing Press Exports

Exports from Malaysia

In 2022, printing press exports from Malaysia fell to X units, shrinking by -3.5% compared with the previous year. In general, exports showed a noticeable contraction. The pace of growth was the most pronounced in 2021 with an increase of 33%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, printing press exports reduced markedly to $X in 2022. Over the period under review, exports saw a mild curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 85% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Singapore (X units) was the main destination for printing press exports from Malaysia, with a 36% share of total exports. Moreover, printing press exports to Singapore exceeded the volume sent to the second major destination, the United Arab Emirates (X units), twofold. The third position in this ranking was taken by the United States (X units), with a 7.6% share.

From 2012 to 2022, the average annual growth rate of volume to Singapore stood at +32.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+42.3% per year) and the United States (-13.9% per year).

In value terms, Singapore ($X) remains the key foreign market for printing presses exports from Malaysia, comprising 60% of total exports. The second position in the ranking was taken by the United States ($X), with a 7.6% share of total exports. It was followed by China, with a 5.4% share.

From 2012 to 2022, the average annual growth rate of value to Singapore stood at +36.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-11.1% per year) and China (+5.6% per year).

Export Prices by Country

In 2022, the average printing press export price amounted to $X per unit, dropping by -14.5% against the previous year. Overall, the export price, however, showed a tangible expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 97% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average 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 China ($X per unit), while the average price for exports to Egypt ($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 Ireland (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.

Printing Press Imports

Imports into Malaysia

In 2022, approx. X units of printing presses were imported into Malaysia; rising by 52% compared with the previous year's figure. In general, imports showed buoyant growth. The growth pace was the most rapid in 2018 when imports increased by 151% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, printing press imports expanded to $X in 2022. Over the period under review, imports, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2018 when imports increased by 68% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Singapore (X units) constituted the largest printing press supplier to Malaysia, accounting for a 59% share of total imports. Moreover, printing press imports from Singapore exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The Netherlands (X units) ranked third in terms of total imports with a 4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Singapore amounted to +24.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+4.6% per year) and the Netherlands (+8.0% per year).

In value terms, the largest printing press suppliers to Malaysia were China ($X), Singapore ($X) and Japan ($X), together accounting for 49% of total imports.

In terms of the main suppliers, Singapore, with a CAGR of +5.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average printing press import price amounted to $X per unit, shrinking by -33.1% against the previous year. In general, the import price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when the average import price increased by 58% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average 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 Japan ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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