Report Update: May 1, 2024

Malaysia - Hydraulic Cylinders And Systems - Market Analysis, Forecast, Size, Trends And Insights

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Price for Hydraulic Cylinder and System in Malaysia - 2022

Price for Hydraulic Cylinder and System in Malaysia (CIF) - 2022

In 2022, the average hydraulic cylinder and system import price amounted to $1,186 per unit, which is down by -4.5% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hydraulic cylinder and system import price increased by +69.0% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 30%. The import price peaked at $1,242 per unit in 2021, and then shrank slightly in the following year.

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 the Netherlands ($0.6 per unit), while the price for Singapore (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Hydraulic Cylinder and System in Malaysia (FOB) - 2022

The average hydraulic cylinder and system export price stood at $1,073 per unit in 2022, approximately equating the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2019 when the average export price increased by 30% against the previous year. The export price peaked at $1,082 per unit in 2021, and then contracted in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($0.4 per unit), while the average price for exports to Russia (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hydraulic Cylinder and System in Malaysia

In 2022, supplies from abroad of hydraulic cylinders and systems increased by 15% to 26K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt decrease. Imports peaked at 31K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, hydraulic cylinder and system imports rose rapidly to $31M in 2022. The total import value increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 19% against the previous year. As a result, imports attained the peak of $33M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Hydraulic Cylinder and System in Malaysia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	8.8	18.2	9.4	16.6	23.6%
Italy	13.8	6.5	9.4	5.6	-26.0%
Netherlands	2.7	1.7	2.8	3.9	13.0%
United States	19.1	5.5	4.2	3.5	-43.2%
United Kingdom	4.0	2.1	2.2	3.2	-7.2%
Germany	8.1	3.6	6.8	2.8	-29.8%
Sweden	0.7	1.1	1.6	2.3	48.7%
South Korea	0.9	0.9	2.1	1.6	21.1%
Singapore	2.2	0.9	1.5	1.1	-20.6%
France	2.0	0.2	N/A	1.0	-20.6%
Finland	0.2	0.2	0.8	0.6	44.2%
Indonesia	0.4	0.2	N/A	0.3	-9.1%
Others	-34.6	-7.6	-12.6	-11.7	-30.3%
Total	28.1	33.5	28.2	30.8	3.1%

Top Suppliers of Hydraulic Cylinder and System to Malaysia in 2022:

China (203.4M units)
Singapore (38.3M units)
Germany (12.9M units)
United States (9.4M units)
Italy (9.4M units)
Sweden (9.2M units)
Indonesia (7.4M units)
South Korea (7.3M units)
Finland (6.7M units)
Netherlands (6.3M units)
United Kingdom (5.7M units)
France (4.8M units)

Exports of Hydraulic Cylinder and System in Malaysia

In 2022, overseas shipments of hydraulic cylinders and systems were finally on the rise to reach 3K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a precipitous descent. The exports peaked at 7.6K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, hydraulic cylinder and system exports expanded rapidly to $3.2M in 2022. Overall, exports, however, faced a dramatic downturn. The exports peaked at $7.4M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Hydraulic Cylinder and System in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	49.8	214	249	506	116.6%
Indonesia	205	162	608	482	33.0%
United States	993	550	243	450	-23.2%
Germany	153	122	154	257	18.9%
Kenya	2.1	2.4	311	247	390.0%
Norway	141	180	251	199	12.2%
Singapore	612	183	45.5	163	-35.7%
United Kingdom	944	252	98.8	92.5	-53.9%
Australia	718	337	88.7	86.4	-50.6%
China	160	123	23.8	73.8	-22.7%
Thailand	111	13.7	88.8	70.4	-14.1%
Russia	110	58.5	10.6	23.7	-40.1%
Switzerland	2,150	559	284	13.7	-81.5%
Others	1,076	709	475	534	-20.8%
Total	7,426	3,464	2,932	3,198	-24.5%

Top Export Markets for Hydraulic Cylinder and System from Malaysia in 2022:

Indonesia (3.1M units)
India (2.9M units)
United States (2.5M units)
Germany (1.6M units)
Singapore (1.1M units)
Kenya (1.1M units)
Russia (1.1M units)
Australia (0.5M units)
United Kingdom (0.5M units)
Thailand (0.5M units)
Norway (0.5M units)
China (0.4M units)
Switzerland (0.1M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for hydraulic cylinder and system in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28121130 - Hydraulic cylinders
Prodcom 28121630 - Hydraulic systems (power packs with actuators)

Country coverage:

Malaysia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Malaysia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023