Malaysia: Railway Maintenance Vehicle Market 2025

Railway Maintenance Vehicle Market Size in Malaysia

The Malaysian railway maintenance vehicle market was finally on the rise to reach $X in 2021, after three years of decline. Overall, consumption recorded a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Railway Maintenance Vehicle Production in Malaysia

In value terms, railway maintenance vehicle production declined significantly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 178%. Railway maintenance vehicle production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Railway Maintenance Vehicle Exports

Exports from Malaysia

For the third year in a row, Malaysia recorded growth in overseas shipments of railway or tramway maintenance or service vehicles, which increased by 160% to X units in 2021. In general, exports continue to indicate a moderate expansion. The pace of growth was the most pronounced in 2014 when exports increased by 600% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, railway maintenance vehicle exports surged to $X in 2021. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2016 with an increase of 1,146%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Brunei Darussalam (X units) was the main destination for railway maintenance vehicle exports from Malaysia, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Brunei Darussalam totaled +27.7%.

In value terms, Germany ($X) remains the key foreign market for railway or tramway maintenance or service vehicles exports from Malaysia, comprising 54% of total exports. The second position in the ranking was held by Brunei Darussalam ($X), with a 0.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +60.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brunei Darussalam (+67.5% per year) and Singapore (-6.6% per year).

Export Prices by Country

The average railway maintenance vehicle export price stood at $X per unit in 2021, with a decrease of -32.5% against the previous year. In general, the export price, however, continues to indicate a significant expansion. The growth pace was the most rapid in 2016 when the average export price increased by 835% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Brunei Darussalam ($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 Germany (+194.0%), while the prices for the other major destinations experienced mixed trend patterns.

Railway Maintenance Vehicle Imports

Imports into Malaysia

In 2021, overseas purchases of railway or tramway maintenance or service vehicles were finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports showed a buoyant increase. The pace of growth appeared the most rapid in 2017 when imports increased by 10,320% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, railway maintenance vehicle imports soared to $X in 2021. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2017 when imports increased by 9,421% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Taiwan (Chinese) (X units) constituted the largest railway maintenance vehicle supplier to Malaysia, with a 41% share of total imports. Moreover, railway maintenance vehicle imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, France (X units), twofold. The third position in this ranking was taken by Austria (X units), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Taiwan (Chinese) amounted to +88.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+67.2% per year) and Austria (+35.8% per year).

In value terms, Austria ($X) constituted the largest supplier of railway or tramway maintenance or service vehicles to Malaysia, comprising 30% of total imports. The second position in the ranking was taken by Germany ($X), with an 11% share of total imports. It was followed by the United States, with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Austria stood at +52.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+17.6% per year) and the United States (+22.4% per year).

Import Prices by Country

In 2021, the average railway maintenance vehicle import price amounted to $X per unit, rising by 20% against the previous year. Overall, the import price recorded a strong increase. The growth pace was the most rapid in 2016 when the average import price increased by 87% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+24.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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