Malaysia: Winche And Capstan Market 2025

Winche And Capstan Market Size in Malaysia

In 2021, the Malaysian winche and capstan market increased by 2.3% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, saw a slight descent. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Winche And Capstan Production in Malaysia

In value terms, winche and capstan production expanded sharply to $X in 2021 estimated in export price. In general, production saw a perceptible increase. The growth pace was the most rapid in 2014 when the production volume increased by 250%. Winche and capstan production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Winche And Capstan Exports

Exports from Malaysia

For the third consecutive year, Malaysia recorded growth in shipments abroad of winches and capstans, which increased by 75% to X units in 2021. Over the period under review, exports, however, continue to indicate a perceptible setback. The pace of growth appeared the most rapid in 2019 when exports increased by 205% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, winche and capstan exports skyrocketed to $X in 2021. In general, exports, however, showed a perceptible downturn. The pace of growth was the most pronounced in 2019 with an increase of 198% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Singapore (X units) was the main destination for winche and capstan exports from Malaysia, with a 43% share of total exports. Moreover, winche and capstan exports to Singapore exceeded the volume sent to the second major destination, Russia (X units), threefold. France (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Singapore amounted to +30.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+30.0% per year) and France (+29.9% per year).

In value terms, Singapore ($X) remains the key foreign market for winches and capstans exports from Malaysia, comprising 46% of total exports. The second position in the ranking was taken by Thailand ($X), with an 11% share of total exports. It was followed by China, with a 10% share.

From 2012 to 2021, the average annual growth rate of value to Singapore amounted to +7.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+11.4% per year) and China (-20.1% per year).

Export Prices by Country

The average winche and capstan export price stood at $X per unit in 2021, which is down by -20.3% against the previous year. In general, the export price, however, saw a slight increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 308% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was China ($X per unit), while the average price for exports to Russia ($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 Bangladesh (+48.3%), while the prices for the other major destinations experienced more modest paces of growth.

Winche And Capstan Imports

Imports into Malaysia

Winche and capstan imports into Malaysia declined rapidly to X units in 2021, with a decrease of -54.4% against the previous year's figure. Over the period under review, imports recorded a sharp decrease. The growth pace was the most rapid in 2017 when imports increased by 90%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, winche and capstan imports shrank to $X in 2021. Overall, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of 72% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of winche and capstan to Malaysia, with a 33% share of total imports. Moreover, winche and capstan imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was taken by Belgium (X units), with a 6.7% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled -36.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.8% per year) and Belgium (+1.3% per year).

In value terms, Singapore ($X) constituted the largest supplier of winches and capstans to Malaysia, comprising 34% of total imports. The second position in the ranking was taken by Germany ($X), with an 8.1% share of total imports. It was followed by Indonesia, with a 5.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Singapore stood at +1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.4% per year) and Indonesia (+14.1% per year).

Import Prices by Country

The average winche and capstan import price stood at $X per unit in 2021, rising by 118% against the previous year. In general, the import price enjoyed a significant expansion. The growth pace was the most rapid in 2013 an increase of 129%. The import price peaked in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Singapore ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+22.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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