Malaysia - Castors With Mountings Of Base Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Castor Mounting Price in Malaysia - 2021
Contents:
- Metal Castor Mounting Price in Malaysia (FOB) - 2022
- Metal Castor Mounting Price in Malaysia (CIF) - 2021
- Metal Castor Mounting Exports in Malaysia
- Metal Castor Mounting Imports in Malaysia
Metal Castor Mounting Price in Malaysia (FOB) - 2022
In 2022, the average metal castor mounting export price amounted to $4,806 per ton, waning by -4.5% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2017 when the average export price increased by 15%. Over the period under review, the average export prices hit record highs at $5,251 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Hong Kong SAR ($6,439 per ton) and China ($4,958 per ton), while the average price for exports to Japan ($4,417 per ton) and Vietnam ($4,742 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Castor Mounting Price in Malaysia (CIF) - 2021
The average metal castor mounting import price stood at $3,965 per ton in December 2021, surging by 36% against the previous month. Over the period under review, import price indicated measured growth from December 2020 to December 2021: its price increased at an average monthly rate of +3.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, metal castor mounting import price increased by +36.0% against November 2021 indices. The pace of growth appeared the most rapid in July 2021 when the average import price increased by 37% m-o-m. The import price peaked at $5,030 per ton in March 2021; however, from April 2021 to December 2021, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($9,919 per ton), while the price for China ($3,071 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Thailand (+13.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Metal Castor Mounting Exports in Malaysia
Metal castor mounting exports from Malaysia dropped to 1.5K tons in 2022, waning by -6.2% against the previous year. Over the period under review, exports saw a perceptible setback. The pace of growth appeared the most rapid in 2021 when exports increased by 15%.
In value terms, metal castor mounting exports reduced to $7.1M in 2022. Overall, exports continue to indicate a noticeable curtailment. The growth pace was the most rapid in 2021 with an increase of 26%. As a result, the exports attained the peak of $8M, and then contracted in the following year.
Export of Metal Castor Mounting in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 5.3 | 4.2 | 5.4 | 5.0 | -1.9% |
China | 0.8 | 0.8 | 0.9 | 0.8 | 0.0% |
Vietnam | 0.3 | 0.2 | 0.3 | 0.3 | 0.0% |
United States | 0.2 | 0.2 | 0.2 | 0.1 | -20.6% |
Others | 1.0 | 0.8 | 1.1 | 0.9 | -3.5% |
Total | 7.6 | 6.3 | 8.0 | 7.1 | -2.2% |
Top Export Markets for Metal Castor Mounting from Malaysia in 2022:
- Japan (1139.6 tons)
- China (166.0 tons)
- Vietnam (64.5 tons)
- United States (14.4 tons)
Metal Castor Mounting Imports in Malaysia
In 2022, purchases abroad of castors with mountings of base metal decreased by -2.8% to 4.8K tons, falling for the second year in a row after two years of growth. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 9.6%. As a result, imports reached the peak of 5.3K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, metal castor mounting imports declined sharply to $15M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +22.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 46%. As a result, imports attained the peak of $18M, and then dropped sharply in the following year.
Import of Metal Castor Mounting in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 9.0 | 8.7 | 12.0 | 11.8 | 9.4% |
United States | 0.4 | 0.5 | 1.8 | 1.0 | 35.7% |
Singapore | 0.4 | 0.5 | 0.5 | 0.8 | 26.0% |
Taiwan (Chinese) | 1.0 | 0.8 | 1.4 | 0.6 | -15.7% |
Others | 1.8 | 1.6 | 2.1 | 0.8 | -23.7% |
Total | 12.6 | 12.2 | 17.8 | 15.0 | 6.0% |
Top Suppliers of Metal Castor Mounting to Malaysia in 2022:
- China (4397.5 tons)
- Singapore (132.8 tons)
- Taiwan (Chinese) (106.1 tons)
- United States (80.0 tons)
This report provides an in-depth analysis of the metal castor mounting 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 25721420 - Castors with mountings of base metal
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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