Malaysia - Household Refrigerators And Freezers (Not Combined) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNon-Combined Refrigerator-Freezer Price in Malaysia - 2021
Contents:
- Non-Combined Refrigerator-Freezer Price in Malaysia (CIF) - 2022
- Non-Combined Refrigerator-Freezer Price in Malaysia (FOB) - 2021
- Non-Combined Refrigerator-Freezer Imports in Malaysia
- Non-Combined Refrigerator-Freezer Exports in Malaysia
Non-Combined Refrigerator-Freezer Price in Malaysia (CIF) - 2022
The average non-combined refrigerator-freezer import price stood at $171 per unit in 2022, increasing by 40% against the previous year. Overall, the import price, however, continues to indicate a mild contraction. Over the period under review, average import prices reached the peak figure at $205 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Vietnam ($357 per unit), while the price for Indonesia ($115 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Combined Refrigerator-Freezer Price in Malaysia (FOB) - 2021
The average non-combined refrigerator-freezer export price stood at $325 per unit in December 2021, standing approximately at the previous month. In general, the export price recorded a deep contraction. The growth pace was the most rapid in June 2021 when the average export price increased by 19% m-o-m. Over the period under review, the average export prices reached the maximum at $1,819 per unit in December 2020; however, from January 2021 to December 2021, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($370 per unit), while the average price for exports to the Philippines ($58.6 per unit) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+20.2%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Combined Refrigerator-Freezer Imports in Malaysia
In 2022, overseas purchases of household refrigerators and freezers (not combined) decreased by -46.7% to 349K units, falling for the second consecutive year after two years of growth. In general, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 51%. As a result, imports reached the peak of 664K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, non-combined refrigerator-freezer imports declined remarkably to $59M in 2022. Over the period under review, imports saw a slight slump. The pace of growth was the most pronounced in 2020 when imports increased by 37% against the previous year. As a result, imports attained the peak of $86M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Non-Combined Refrigerator-Freezer in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 35.2 | 54.4 | 68.3 | 50.9 | 13.1% |
| Thailand | 18.1 | 21.6 | 5.4 | 6.6 | -28.6% |
| Vietnam | 6.6 | 6.7 | 3.6 | 0.1 | -75.3% |
| Others | 3.0 | 3.7 | 2.5 | 1.9 | -14.1% |
| Total | 62.9 | 86.4 | 79.7 | 59.4 | -1.9% |
Top Suppliers of Non-Combined Refrigerator-Freezer to Malaysia in 2022:
- China (320.0K units)
- Thailand (22.5K units)
- Vietnam (0.3K units)
Non-Combined Refrigerator-Freezer Exports in Malaysia
Non-combined refrigerator-freezer exports from Malaysia skyrocketed to 59K units in 2022, with an increase of 17% against the previous year's figure. Over the period under review, exports, however, saw a abrupt descent. The exports peaked at 68K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, non-combined refrigerator-freezer exports reduced to $13M in 2022. In general, exports, however, showed a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 37% against the previous year. Over the period under review, the exports attained the peak figure at $16M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Non-Combined Refrigerator-Freezer in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 9.5 | 3.5 | 3.7 | 4.0 | -25.0% |
| Germany | 0.3 | 1.6 | 2.7 | 3.0 | 115.4% |
| Vietnam | 0.5 | 0.4 | 1.2 | 2.0 | 58.7% |
| Indonesia | 0.7 | N/A | 0.2 | 1.0 | 12.6% |
| Taiwan (Chinese) | 0.6 | 1.0 | 1.3 | 0.6 | 0.0% |
| Singapore | 0.9 | 0.5 | 0.5 | 0.5 | -17.8% |
| Belgium | N/A | 0.2 | 0.1 | 0.4 | 41.4% |
| New Zealand | 0.9 | 0.1 | 0.1 | 0.1 | -51.9% |
| Others | 2.4 | 3.4 | 4.8 | 1.6 | -12.6% |
| Total | 15.8 | 10.6 | 14.6 | 13.2 | -5.8% |
Top Export Markets for Non-Combined Refrigerator-Freezer from Malaysia in 2022:
- Thailand (19.9K units)
- Germany (14.9K units)
- Vietnam (5.7K units)
- Indonesia (4.8K units)
- Taiwan (Chinese) (2.8K units)
- Belgium (1.9K units)
- Singapore (1.7K units)
- New Zealand (0.2K units)
This report provides an in-depth analysis of the non-combined refrigerator-freezer 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 27511133 - Household-type refrigerators (including compression-type, e lectrical absorption-type) (excluding built-in)
- Prodcom 27511135 - Compression-type built-in refrigerators
- Prodcom 27511150 - Chest freezers of a capacity . .800 litres
- Prodcom 27511170 - Upright freezers of a capacity . .900 litres
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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