Malaysia: Fromwork Market 2025

Fromwork Market Size in Malaysia

The Malaysian fromwork market soared to $X in 2022, jumping by 63% against the previous year. Over the period under review, the total consumption indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +70.7% against 2019 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Fromwork Production in Malaysia

In value terms, fromwork production rose sharply to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 101%. Fromwork production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Fromwork Exports

Exports from Malaysia

In 2022, shipments abroad of shuttering for concrete constructional work, shingles and shakes, of wood decreased by -10.7% to X tons, falling for the third consecutive year after three years of growth. In general, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2017 with an increase of 15%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, fromwork exports soared to $X in 2022. Over the period under review, exports continue to indicate a deep contraction. 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

Japan (X tons) was the main destination for fromwork exports from Malaysia, with a 62% share of total exports. Moreover, fromwork exports to Japan exceeded the volume sent to the second major destination, the United States (X tons), twofold. Mauritius (X tons) ranked third in terms of total exports with a 3.2% share.

From 2012 to 2022, the average annual growth rate of volume to Japan stood at -11.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+46.4% per year) and Mauritius (-6.3% per year).

In value terms, Japan ($X) emerged as the key foreign market for shuttering for concrete constructional work, shingles and shakes, of wood exports from Malaysia, comprising 63% of total exports. The second position in the ranking was taken by the United States ($X), with a 27% share of total exports. It was followed by Singapore, with a 3.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Japan stood at -8.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+72.6% per year) and Singapore (-17.6% per year).

Export Prices by Country

The average fromwork export price stood at $X per ton in 2022, picking up by 52% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Mauritius ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.

Fromwork Imports

Imports into Malaysia

In 2022, supplies from abroad of shuttering for concrete constructional work, shingles and shakes, of wood increased by 4,369% to X tons for the first time since 2017, thus ending a four-year declining trend. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 25,434% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, fromwork imports soared to $X in 2022. Over the period under review, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 18,830% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of fromwork to Malaysia, with a 36% share of total imports. Moreover, fromwork imports from China exceeded the figures recorded by the second-largest supplier, Austria (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +39.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+5.0% per year) and Germany (+12.4% per year).

In value terms, the largest fromwork suppliers to Malaysia were Austria ($X), China ($X) and Germany ($X), together comprising 62% of total imports.

Among the main suppliers, China, with a CAGR of +28.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average fromwork import price stood at $X per ton in 2022, shrinking by -26.7% against the previous year. In general, the import price continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 25% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (-3.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform