Report Update: May 1, 2024

Malaysia - Pulley Tackle And Hoists, Non-Powered By Electric Motor - Market Analysis, Forecast, Size, Trends And Insights

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Non-Electric Pulley Tackle Price in Malaysia - 2022

Non-Electric Pulley Tackle Price in Malaysia (FOB) - 2022

The average non-electric pulley tackle export price stood at $576 per unit in 2022, falling by -11.4% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-electric pulley tackle export price increased by +47.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 66%. Over the period under review, the average export prices hit record highs at $685 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($3,242 per unit), while the average price for exports to Papua New Guinea ($31 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+37.8%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Pulley Tackle Price in Malaysia (CIF) - 2022

The average non-electric pulley tackle import price stood at $150 per unit in 2022, waning by -4.5% against the previous year. Over the period under review, the import price, however, continues to indicate a strong expansion. The growth pace was the most rapid in 2019 an increase of 55%. The import price peaked at $175 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($306 per unit), while the price for Thailand ($45 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Electric Pulley Tackle Exports in Malaysia

After three years of growth, overseas shipments of pulley tackle and hoists, non-powered by electric motor decreased by -18.3% to 7K units in 2022. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 232% against the previous year. Over the period under review, the exports attained the peak figure at 8.6K units in 2021, and then fell sharply in the following year.

In value terms, non-electric pulley tackle exports dropped remarkably to $4.1M in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 208%. The exports peaked at $5.6M in 2021, and then reduced sharply in the following year.

Export of Non-Electric Pulley Tackle in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Korea	99.4	900	3,624	1,738	159.6%
Singapore	151	702	471	1,334	106.7%
United Arab Emirates	2.5	9.4	282	135	278.0%
New Caledonia	17.2	156	250	120	91.1%
Yemen	45.5	76.7	122	57.8	8.3%
Czech Republic	36.6	62.2	99.6	47.7	9.2%
Bangladesh	4.5	20.2	52.2	25.0	77.1%
Chile	N/A	N/A	N/A	18.0	0%
Netherlands	2.8	9.1	12.8	5.2	22.9%
Others	457	579	702	584	8.5%
Total	817	2,513	5,615	4,064	70.7%

Top Export Markets for Non-Electric Pulley Tackle from Malaysia in 2022:

Singapore (3392.0 units)
Czech Republic (698.0 units)
South Korea (536.0 units)
Yemen (466.0 units)
New Caledonia (243.0 units)
Chile (219.0 units)
Bangladesh (210.0 units)
United Arab Emirates (201.0 units)
Netherlands (167.0 units)

Non-Electric Pulley Tackle Imports in Malaysia

In 2022, approx. 69K units of pulley tackle and hoists, non-powered by electric motor were imported into Malaysia; increasing by 114% compared with 2021 figures. Overall, imports, however, showed a abrupt curtailment. Over the period under review, imports hit record highs at 89K units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, non-electric pulley tackle imports skyrocketed to $10M in 2022. Over the period under review, imports, however, continue to indicate a deep slump. Imports peaked at $16M in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Import of Non-Electric Pulley Tackle in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	2,789	3,857	1,582	5,958	28.8%
Russia	390	708	296	538	11.3%
South Korea	215	149	26.9	521	34.3%
Brunei Darussalam	81.1	14.5	4.0	250	45.5%
Taiwan (Chinese)	479	570	20.3	238	-20.8%
Thailand	127	235	100	229	21.7%
Japan	700	380	75.2	193	-34.9%
United Kingdom	1,039	222	58.2	133	-49.6%
Netherlands	2,021	322	182	83.7	-65.4%
Others	4,530	9,153	2,711	2,190	-21.5%
Total	12,372	15,611	5,056	10,333	-5.8%

Top Suppliers of Non-Electric Pulley Tackle to Malaysia in 2022:

China (50.7K units)
Thailand (5.0K units)
South Korea (3.4K units)
Russia (3.3K units)
Brunei Darussalam (2.1K units)
Taiwan (Chinese) (0.9K units)
United Kingdom (0.7K units)
Japan (0.6K units)
Netherlands (0.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-electric pulley tackle 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 28221170 - Pulley tackle and hoists, non-powered by electric motor (other than skip hoists or hoists of a kind used for raising vehicles)

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

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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
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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