Malaysia: Market for Snow-Ploughs And Snow-Blowers 2025

Market Size for Snow-Ploughs And Snow-Blowers in Malaysia

The Malaysian snow ploughs and blowers market fell to $X in 2022, shrinking by -8.2% against the previous year. Overall, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.9% 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 +9.8% against 2020 indices. Snow ploughs and blowers consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Snow-Ploughs And Snow-Blowers in Malaysia

In value terms, snow ploughs and blowers production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2013 when the production volume increased by 115%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Snow-Ploughs And Snow-Blowers

Exports from Malaysia

In 2022, exports of snow-ploughs and snow-blowers from Malaysia dropped to X units, falling by -11.1% against 2021. Over the period under review, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of 1,550% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, snow ploughs and blowers exports shrank to $X in 2022. Overall, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2017 when exports increased by 1,519%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Singapore (X units) was the main destination for snow ploughs and blowers exports from Malaysia, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore amounted to +23.1%.

In value terms, Singapore ($X) also remains the key foreign market for snow-ploughs and snow-blowers exports from Malaysia.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore amounted to +29.5%.

Export Prices by Country

In 2022, the average snow ploughs and blowers export price amounted to $X per unit, surging by 9.7% against the previous year. Over the period under review, the export price recorded a buoyant expansion. The growth pace was the most rapid in 2013 an increase of 141%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +59.0% per year.

Imports of Snow-Ploughs And Snow-Blowers

Imports into Malaysia

In 2022, supplies from abroad of snow-ploughs and snow-blowers decreased by 0% to X units, falling for the third consecutive year after two years of growth. Overall, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 91% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, snow ploughs and blowers imports amounted to $X in 2022. In general, imports recorded a prominent expansion. The pace of growth appeared the most rapid in 2014 with an increase of 241%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest snow ploughs and blowers supplier to Malaysia, with a 45% share of total imports. Moreover, snow ploughs and blowers imports from China exceeded the figures recorded by the second-largest supplier, Australia (X units), threefold. Japan (X units) ranked third in terms of total imports with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +17.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+7.2% per year) and Japan (0.0% per year).

In value terms, Australia ($X), Japan ($X) and China ($X) were the largest snow ploughs and blowers suppliers to Malaysia, with a combined 95% share of total imports.

Japan, with a CAGR of +18.1%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average snow ploughs and blowers import price stood at $X per unit in 2022, growing by 9% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 173% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2022, import prices stood 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 Japan ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+18.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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