Malaysia - Electric Blankets - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Malaysia - Electric Blankets - Market Analysis, Forecast, Size, Trends And Insights

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Electric Blanket Price in Malaysia - 2021

Contents:

  1. Electric Blanket Price in Malaysia (CIF) - 2022
  2. Electric Blanket Price in Malaysia (FOB) - 2022
  3. Electric Blanket Imports in Malaysia
  4. Electric Blanket Exports in Malaysia

Electric Blanket Price in Malaysia (CIF) - 2022

In 2022, the average electric blanket import price amounted to $14 per unit, with a decrease of -5.1% against the previous year. In general, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by 78% against the previous year. The import price peaked at $36 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 China ($44 per unit), while the price for Indonesia ($2.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.0%), while the prices for the other major suppliers experienced a decline.

Electric Blanket Price in Malaysia (FOB) - 2022

The average electric blanket export price stood at $13 per unit in 2022, with an increase of 11% against the previous year. Over the period under review, the export price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2019 an increase of 188% against the previous year. Over the period under review, the average export prices hit record highs at $25 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($27 per unit), while the average price for exports to Singapore ($5.5 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 Indonesia (+29.7%), while the prices for the other major destinations experienced mixed trend patterns.

Electric Blanket Imports in Malaysia

In 2022, the amount of electric blankets imported into Malaysia soared to 36K units, picking up by 25% compared with 2021. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by 458% against the previous year. As a result, imports attained the peak of 43K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, electric blanket imports skyrocketed to $517K in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 144%. As a result, imports attained the peak of $599K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Electric Blanket in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China96.81871241289.8%
Taiwan (Chinese)39.612177.289.131.0%
Turkey11.422.312.841.854.2%
Thailand14.19.431.033.433.3%
Germany13.424.429.231.533.0%
India9.527.514.719.627.3%
Australia8.926.616.716.322.3%
Indonesia2.06.44.34.531.0%
Others49.317412515245.5%
Total24559943551728.3%

Top Suppliers of Electric Blanket to Malaysia in 2022:

  1. Thailand (10.3K units)
  2. Taiwan (Chinese) (7.2K units)
  3. Turkey (4.5K units)
  4. India (4.2K units)
  5. China (2.9K units)
  6. Indonesia (2.0K units)
  7. Germany (1.8K units)
  8. Australia (0.9K units)

Electric Blanket Exports in Malaysia

Electric blanket exports from Malaysia fell rapidly to 1K units in 2022, which is down by -37.5% compared with the year before. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 300% against the previous year. As a result, the exports attained the peak of 1.6K units, and then shrank notably in the following year.

In value terms, electric blanket exports fell sharply to $13K in 2022. Over the period under review, exports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2021 when exports increased by 158%. As a result, the exports reached the peak of $19K, and then dropped remarkably in the following year.

Export of Electric Blanket in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.16.815.812.320.1%
Singapore0.10.10.20.10.0%
Others2.30.42.80.6-36.1%
Total9.67.318.713.010.6%

Top Export Markets for Electric Blanket from Malaysia in 2022:

  1. United States (1000.0 units)
  2. Singapore (19.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electric blanket 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 27511400 - Electric blankets

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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