Malaysia: Transmission Apparatus Market 2024

Transmission Apparatus Market Size in Malaysia

The Malaysian transmission apparatus market soared to $X in 2021, picking up by 15% against the previous year. The market value increased at an average annual rate of +3.2% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Transmission Apparatus Production in Malaysia

In value terms, transmission apparatus production amounted to $X in 2021 estimated in export price. In general, production showed a dramatic slump. The growth pace was the most rapid in 2013 when the production volume increased by 137% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Transmission Apparatus Exports

Exports from Malaysia

In 2021, overseas shipments of transmission apparatus incorporating reception apparatus increased by 28% to X tons for the first time since 2013, thus ending a seven-year declining trend. In general, exports, however, faced a abrupt curtailment. The pace of growth was the most pronounced in 2013 with an increase of 144% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, transmission apparatus exports soared to $X in 2021. Overall, exports, however, continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2013 when exports increased by 68% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons), Singapore (X tons) and Brunei Darussalam (X tons) were the main destinations of transmission apparatus exports from Malaysia, with a combined 92% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Brunei Darussalam (with a CAGR of +20.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for transmission apparatus exported from Malaysia were the United Arab Emirates ($X), Singapore ($X) and the United States ($X), with a combined 80% share of total exports. These countries were followed by Brunei Darussalam, Hong Kong SAR, Germany and Japan, which together accounted for a further 2.4%.

Brunei Darussalam, with a CAGR of +16.7%, recorded the highest rates of growth with regard to 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 transmission apparatus export price stood at $X per ton in 2021, remaining stable against the previous year. In general, export price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, transmission apparatus export price decreased by -15.7% against 2019 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 45%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

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 the United States ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+56.1%), while the prices for the other major destinations experienced more modest paces of growth.

Transmission Apparatus Imports

Imports into Malaysia

In 2021, supplies from abroad of transmission apparatus incorporating reception apparatus increased by 14% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 39%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, transmission apparatus imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of 41% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest transmission apparatus supplier to Malaysia, with a 45% share of total imports. Moreover, transmission apparatus imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), twofold. The third position in this ranking was taken by Hong Kong SAR (X tons), with a 20% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-4.0% per year) and Hong Kong SAR (+25.9% per year).

In value terms, China ($X) constituted the largest supplier of transmission apparatus incorporating reception apparatus to Malaysia, comprising 45% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 21% share of total imports. It was followed by Hong Kong SAR, with a 20% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-0.6% per year) and Hong Kong SAR (+30.9% per year).

Import Prices by Country

The average transmission apparatus import price stood at $X per ton in 2021, approximately reflecting the previous year. Over the last nine years, it increased at an average annual rate of +3.7%. The most prominent rate of growth was recorded in 2013 an increase of 27% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from China ($X per ton) and South Korea ($X per ton), while the price for Singapore ($X per ton) and Hong Kong SAR ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :