Report Update: May 1, 2024

Malaysia - Non-Domestic Dryers - Market Analysis, Forecast, Size, Trends And Insights

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Non-Domestic Dryer Price in Malaysia - 2021

Non-Domestic Dryer Price in Malaysia (CIF) - 2022

In 2022, the average non-domestic dryer import price amounted to $6,051 per unit, reducing by -2.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 17%. As a result, import price reached the peak level of $6,539 per unit. From 2019 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Indonesia ($6,233 per unit) and India ($6,233 per unit), while the price for Italy ($5,911 per unit) and Japan ($5,928 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Domestic Dryer Price in Malaysia (FOB) - 2021

The average non-domestic dryer export price stood at $7,892 per unit in December 2021, stabilizing at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The growth pace was the most rapid in January 2021 an increase of 18% m-o-m. Over the period under review, the average export prices reached the maximum at $7,894 per unit in March 2021; afterwards, it flattened through to December 2021.

Average prices varied noticeably for the major overseas markets. In December 2021, the highest price was recorded for prices to the United States ($7,944 per unit) and Indonesia ($7,909 per unit), while the average price for exports to Myanmar ($7,889 per unit) and Pakistan ($7,889 per unit) were amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Domestic Dryer Imports in Malaysia

In 2022, after two years of decline, there was growth in purchases abroad of non-domestic dryers, when their volume increased by 1.3% to 3.9K units. In general, imports, however, saw a noticeable decline. Imports peaked at 4.4K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, non-domestic dryer imports reduced slightly to $24M in 2022. Over the period under review, imports, however, saw a perceptible curtailment. The pace of growth was the most pronounced in 2021 with an increase of 2.8% against the previous year. Over the period under review, imports reached the maximum at $26M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Non-Domestic Dryer in Malaysia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	10.4	8.6	9.4	7.6	-9.9%
Netherlands	0.1	0.5	2.9	2.4	188.4%
Germany	3.0	4.8	1.2	2.4	-7.2%
Japan	4.6	3.0	1.1	2.3	-20.6%
Canada	N/A	N/A	2.4	2.0	-16.7%
Italy	1.6	2.4	0.2	1.1	-11.7%
Taiwan (Chinese)	0.7	0.4	1.1	0.9	8.7%
Indonesia	0.1	N/A	0.9	0.8	100.0%
India	0.3	0.1	1.0	0.8	38.7%
United States	0.9	1.1	0.5	0.7	-8.0%
Thailand	1.1	0.6	0.5	0.6	-18.3%
South Korea	1.0	N/A	0.5	0.4	-26.3%
Others	2.0	1.7	2.1	1.7	-5.3%
Total	25.9	23.3	23.9	23.6	-3.1%

Top Suppliers of Non-Domestic Dryer to Malaysia in 2022:

China (1260.0 units)
Germany (404.0 units)
Japan (391.0 units)
Netherlands (385.0 units)
Canada (314.0 units)
Italy (191.0 units)
Taiwan (Chinese) (141.0 units)
India (132.0 units)
Indonesia (124.0 units)
United States (109.0 units)
Thailand (95.0 units)
South Korea (69.0 units)

Non-Domestic Dryer Exports in Malaysia

In 2022, approx. 723 units of non-domestic dryers were exported from Malaysia; with a decrease of -36.4% against 2021. Overall, exports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 268%. As a result, the exports reached the peak of 1.1K units, and then dropped significantly in the following year.

In value terms, non-domestic dryer exports shrank sharply to $4.2M in 2022. Over the period under review, exports, however, continue to indicate a notable expansion. The most prominent rate of growth was recorded in 2021 with an increase of 205% against the previous year. As a result, the exports attained the peak of $6.3M, and then shrank dramatically in the following year.

Export of Non-Domestic Dryer in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Australia	3.5	217	2,562	1,819	704.0%
United States	266	312	1,051	746	41.0%
Singapore	286	259	750	532	23.0%
Japan	1,149	304	194	344	-33.1%
Indonesia	266	442	356	253	-1.7%
Thailand	474	10.6	331	235	-20.9%
Philippines	193	109	115	88.9	-22.8%
South Korea	510	N/A	N/A	N/A	0%
India	289	N/A	193	N/A	-18.3%
Others	345	418	756	171	-20.9%
Total	3,781	2,071	6,308	4,190	3.5%

Top Export Markets for Non-Domestic Dryer from Malaysia in 2022:

Australia (306.0 units)
United States (125.0 units)
Singapore (89.0 units)
Japan (70.0 units)
Indonesia (44.0 units)
Thailand (39.0 units)
Philippines (17.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-domestic dryer 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 28993150 - Non-domestic dryers (excluding those for agricultural products, those for wood, paper pulp, paper or paperboard)

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
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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