Malaysia - Base Metal Motor Vehicle Locks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Vehicle Lock Price in Malaysia - 2021
Contents:
- Metal Vehicle Lock Price in Malaysia (CIF) - 2022
- Metal Vehicle Lock Price in Malaysia (FOB) - 2022
- Metal Vehicle Lock Imports in Malaysia
- Metal Vehicle Lock Exports in Malaysia
Metal Vehicle Lock Price in Malaysia (CIF) - 2022
The average metal vehicle lock import price stood at $18,186 per ton in 2022, shrinking by -10.8% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 9.1% against the previous year. As a result, import price attained the peak level of $20,393 per ton, and then shrank in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($26,888 per ton), while the price for Germany ($4,899 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Vehicle Lock Price in Malaysia (FOB) - 2022
The average metal vehicle lock export price stood at $16,286 per ton in 2022, reducing by -6.7% against the previous year. In general, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal vehicle lock export price increased by +27.1% against 2019 indices. The growth pace was the most rapid in 2013 when the average export price increased by 44% against the previous year. Over the period under review, the average export prices attained the maximum at $17,453 per ton in 2021, and then fell 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 Singapore ($20,287 per ton), while the average price for exports to Hong Kong SAR ($1,857 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Vehicle Lock Imports in Malaysia
For the fourth year in a row, Malaysia recorded growth in purchases abroad of base metal motor vehicle locks, which increased by 2.3% to 1.6K tons in 2022. The total import volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 11%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, metal vehicle lock imports declined to $30M in 2022. The total import value increased at an average annual rate of +6.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 21% against the previous year. As a result, imports reached the peak of $32M, and then shrank in the following year.
| Import of Metal Vehicle Lock in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 8.9 | 11.0 | 12.0 | 10.9 | 7.0% |
| China | 7.3 | 6.8 | 8.3 | 7.8 | 2.2% |
| Indonesia | 3.0 | 3.4 | 4.3 | 3.7 | 7.2% |
| Japan | 2.7 | 3.2 | 3.4 | 3.2 | 5.8% |
| Germany | 1.2 | 1.2 | 1.9 | 1.6 | 10.1% |
| Others | 1.3 | 1.3 | 2.6 | 2.4 | 22.7% |
| Total | 24.5 | 26.8 | 32.5 | 29.6 | 6.5% |
Top Suppliers of Metal Vehicle Lock to Malaysia in 2022:
- China (481.1 tons)
- Thailand (406.3 tons)
- Germany (332.2 tons)
- Indonesia (196.7 tons)
- Japan (143.4 tons)
Metal Vehicle Lock Exports in Malaysia
In 2022, shipments abroad of base metal motor vehicle locks increased by 13% to 72 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a dramatic slump.
In value terms, metal vehicle lock exports expanded remarkably to $1.2M in 2022. Overall, exports, however, recorded a abrupt decline.
| Export of Metal Vehicle Lock in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 1,149 | 1,036 | 824 | 927 | -6.9% |
| Thailand | 373 | 158 | 187 | 221 | -16.0% |
| Indonesia | 24.1 | 20.5 | 1.6 | 14.2 | -16.2% |
| Hong Kong SAR | 3.0 | 9.3 | 8.5 | 8.0 | 38.7% |
| Philippines | 1.4 | 2.5 | 5.0 | 4.7 | 49.7% |
| United States | 26.8 | 9.9 | N/A | N/A | -63.1% |
| India | 347 | N/A | 53.8 | N/A | -60.6% |
| Others | 10.0 | 4.6 | 36.8 | 3.7 | -28.2% |
| Total | 1,934 | 1,241 | 1,117 | 1,179 | -15.2% |
Top Export Markets for Metal Vehicle Lock from Malaysia in 2022:
- Singapore (45.7 tons)
- Thailand (18.8 tons)
- Hong Kong SAR (4.3 tons)
- Philippines (2.0 tons)
- Indonesia (1.5 tons)
This report provides an in-depth analysis of the metal vehicle lock 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 25721150 - Base metal motor vehicle locks
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
-
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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