Malaysia - Handtools, Hydraulic Or With A Self-Contained Non-Electric Motor - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Malaysia - Handtools, Hydraulic Or With A Self-Contained Non-Electric Motor - Market Analysis, Forecast, Size, Trends And Insights

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Non-Electric Motor Handtools Price in Malaysia - 2021

Contents:

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

Non-Electric Motor Handtools Price in Malaysia (CIF) - 2022

The average non-electric motor handtools import price stood at $50 per unit in 2022, declining by -2.4% against the previous year. Over the period under review, the import price saw a abrupt decrease. The pace of growth appeared the most rapid in 2017 an increase of 8.1% against the previous year. The import price peaked at $86 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Myanmar.

From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to -0.1% per year.

Non-Electric Motor Handtools Price in Malaysia (FOB) - 2022

In 2022, the average non-electric motor handtools export price amounted to $327 per unit, picking up by 12% against the previous year. Overall, the export price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 132%. As a result, the export price attained the peak level of $410 per unit. From 2020 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Myanmar.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +21.7% per year.

Non-Electric Motor Handtools Imports in Malaysia

Non-electric motor handtools imports into Malaysia contracted markedly to 586K units in 2022, with a decrease of -17.3% against the year before. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 54%. As a result, imports attained the peak of 709K units, and then dropped remarkably in the following year.

In value terms, non-electric motor handtools imports shrank sharply to $30M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.0% 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 +31.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 63% against the previous year. As a result, imports attained the peak of $37M, and then fell significantly in the following year.

Import of Non-Electric Motor Handtools in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
MyanmarN/AN/AN/A29.60%
Japan2.51.72.6N/A2.0%
China14.916.529.3N/A40.2%
Taiwan (Chinese)0.91.20.8N/A-5.7%
Others6.53.14.0N/A-21.6%
Total24.822.536.729.66.1%

Top Suppliers of Non-Electric Motor Handtools to Malaysia in 2022:

  1. Myanmar (586.3K units)

Non-Electric Motor Handtools Exports in Malaysia

In 2022, overseas shipments of handtools, hydraulic or with a self-contained non-electric motor increased by 14% to 19K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a abrupt decline. Over the period under review, the exports hit record highs at 23K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, non-electric motor handtools exports surged to $6.3M in 2022. Overall, exports, however, continue to indicate a deep downturn. Over the period under review, the exports reached the maximum at $9.4M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Non-Electric Motor Handtools in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Myanmar0.3N/AN/A6,3212662.0%
Thailand584641682N/A8.1%
Japan14512973.6N/A-28.8%
Gabon686N/AN/AN/A0%
China3,4592,000870N/A-49.8%
United States4532,009118N/A-49.0%
South AfricaN/A117528N/A351.3%
Indonesia376633613N/A27.7%
Singapore285209277N/A-1.4%
Netherlands1,963986723N/A-39.3%
Others1,4649891,046N/A-15.5%
Total9,4167,7124,9316,321-12.4%

Top Export Markets for Non-Electric Motor Handtools from Malaysia in 2022:

  1. Myanmar (19.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-electric motor handtools 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 28241280 - Handtools, hydraulic or with a self-contained non-electric motor (excluding chainsaws)

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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