Report Update: May 5, 2024

Malaysia - Self-Propelled Earth Moving, Excavating Machinery - Market Analysis, Forecast, Size, Trends And Insights

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Self-Propelled Excavating Machinery Price in Malaysia - 2021

Self-Propelled Excavating Machinery Price in Malaysia (CIF) - 2021

In December 2021, the average self-propelled excavating machinery import price amounted to $169K per unit, remaining stable against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2021 when the average import price increased by less than 0.1% against the previous month. Over the period under review, average import prices hit record highs at $169K per unit in June 2021; afterwards, it flattened through to December 2021.

As there is only one major supplying country, the average price level is determined by prices for China.

From January 2021 to December 2021, the rate of growth in terms of prices for Sweden amounted to 0.0% per month.

Self-Propelled Excavating Machinery Price in Malaysia (FOB) - 2022

The average self-propelled excavating machinery export price stood at $24,832 per unit in 2022, jumping by 28% against the previous year. In general, the export price showed noticeable growth. The growth pace was the most rapid in 2021 when the average export price increased by 102%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($25,588 per unit), while the average price for exports to Indonesia totaled $9,931 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+30.7%), while the prices for the other major destinations experienced mixed trend patterns.

Self-Propelled Excavating Machinery Imports in Malaysia

In 2022, approx. 148 units of self-propelled earth moving, excavating machinery were imported into Malaysia; picking up by 74% compared with 2021 figures. In general, imports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 242% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, self-propelled excavating machinery imports skyrocketed to $6.3M in 2022. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 141% against the previous year. As a result, imports attained the peak of $8.4M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Self-Propelled Excavating Machinery in Malaysia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	3.4	7.8	4.2	6.2	22.2%
Singapore	N/A	N/A	0.1	0.2	100.0%
Thailand	N/A	0.1	N/A	N/A	0%
Sweden	N/A	N/A	N/A	N/A	0%
India	N/A	0.4	N/A	N/A	0%
Others	N/A	N/A	N/A	N/A	0%
Total	3.5	8.4	4.3	6.3	21.6%

Top Suppliers of Self-Propelled Excavating Machinery to Malaysia in 2022:

China (143.0 units)
Singapore (5.0 units)

Self-Propelled Excavating Machinery Exports in Malaysia

In 2022, overseas shipments of self-propelled earth moving, excavating machinery decreased by -36.2% to 30 units, falling for the second year in a row after two years of growth. Overall, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 71% against the previous year. As a result, the exports attained the peak of 60 units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, self-propelled excavating machinery exports reduced remarkably to $745K in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 96%. Over the period under review, the exports reached the peak figure at $915K in 2021, and then contracted significantly in the following year.

Export of Self-Propelled Excavating Machinery in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Singapore	162	558	135	731	65.2%
Indonesia	15.1	8.2	13.8	14.4	-1.6%
Oman	39.3	5.8	N/A	N/A	-85.2%
Guyana	N/A	N/A	696	N/A	0%
United Kingdom	N/A	N/A	6.3	N/A	0%
United Arab Emirates	60.6	N/A	N/A	N/A	0%
Saudi Arabia	N/A	N/A	28.8	N/A	0%
Others	16.2	3.4	34.7	N/A	46.4%
Total	293	575	915	745	36.5%

Top Export Markets for Self-Propelled Excavating Machinery from Malaysia in 2022:

Singapore (29.0 units)
Indonesia (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the self-propelled excavating machinery market 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 28922750 - Self-propelled earth moving, excavating... machinery, n.e.c.

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